OutFront Services and Bayside Business Solutions announced today that they have partnered to integrate OutFront’s tax monitoring services directly with Bayside’s CADENCE portfolio management system.

“Our clients have been requesting integrated tax monitoring for some time so we are delighted to have a partner willing to deliver these critical services via a seamless interface with our platform,” explained Jay McKinney, Senior Vice President of Operations at Bayside Business Solutions. “Integration improves efficiency—clients don’t have to rekey data or manually file reports.”

Ricky Stricklin, of OutFront Services, added, “Our first goal was to develop a report that clearly highlights the most critical information to a lender. But we did not stop there. It was clear to us that integrating with the lender’s portfolio management system is the key to ensuring that time-sensitive information does not fall through the cracks. The interface delivers alerts directly to lenders — inside CADENCE — whenever we get information from the IRS about their monitored clients that may be worthy of their concern. This approach keeps the information from getting lost in someone’s inbox and automatically associates it with the correct client record in the system.”

OutFront Services was formed to provide highly accurate, automated, and integrated tax monitoring at a competitive price to commercial lenders. From collection statuses to missing returns, OutFront delivers important early indicators of potential problems—giving clients the advance insight they need to make good funding decisions.

Bayside Business Solutions is an innovative supplier of commercial finance portfolio management software to the global commercial lending industry.