Boomerang Blog

Unclaimed Property Recovery

The Argument for Outsourcing Asset Recovery

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Date09 Oct 2023
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Comment0
It’s not unusual for a company to outsource their asset recovery efforts only after having first attempted and failed to do it on their own. These in-house recovery initiatives always begin with the best of intentions. Typically, one or more people within the organization are grouped into a recovery team, armed with little more than the URL of a popular lost property website as their primary tool. In a short time, they discover how limited the search functions of these on-line property locators can be, leading to frustration and a noticeable lack of results. Maybe it shouldn’t be a surprise...
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Boomerang’s 5 Advantages Over In-House Asset Recovery

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Date26 Mar 2023
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Comment0
It is not an uncommon occurrence for a company to approach Boomerang Asset Recovery after having attempted to manage their own in-house unclaimed property recovery efforts. While their individual motivations for making such a switch can vary, our clients tend to universally cite 5 key advantages that partnering with us makes possible: Our Search is Wider: In-house recovery efforts typically focus entirely on the state-held properties that can be found on individual and aggregated state web sites. Boomerang’s own database also possesses these very same state records. However, we extend our reach by also including the updated property listings from...
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