Aumentum Technologies Company Profile

Background

Aumentum Technologies specializes in developing and supporting property tax and valuation software solutions for local and state governments. With over 50 years of experience, the company has become a trusted partner to more than 600 jurisdictions across the United States and internationally. Their mission is to simplify the property tax management lifecycle, enabling governments to enhance public service funding and better serve their constituents.

Key Strategic Focus

Aumentum Technologies focuses on delivering comprehensive software solutions that address the complexities of property administration, valuation, and taxation. Their core objectives include:

Tax Collection: Providing tools for levy management, billing, collection, cashiering, and special assessments to ensure accurate and fair property tax application.

Property Valuation: Offering Computer-Assisted Mass Appraisal (CAMA) software with GIS integration, sketching, and workflow technologies to assist appraisers in equitable valuations.

Public Access: Developing customizable government websites to enhance constituent satisfaction by providing convenient access to information and services.

Land Administration: Digitizing and securing land documentation, customizable for various land-related business processes.

Financials and Funding

As of recent estimates, Aumentum Technologies generates annual revenues of approximately $15 million, with a workforce of around 140 employees. The company operates as an independent business unit within Harris Computer Corporation's Public Sector Group, a subsidiary of Constellation Software.

Technological Platform and Innovation

Aumentum Technologies distinguishes itself through its robust technological platforms and innovative solutions:

Proprietary Technologies: The company offers a suite of integrated software solutions, including Aumentum Tax, Aumentum Valuation, Aumentum Public Access, and Aumentum Land Administration, designed to streamline property tax management and valuation processes.

Scientific Methodologies: Their CAMA software incorporates advanced GIS integration, sketching tools, and workflow technologies to ensure accurate and equitable property valuations.

Leadership Team

Aumentum Technologies is led by a team of experienced professionals:

Andrew Wright: Executive Vice President

Jillian Alcott: Vice President, Support

Judy Peikert: Vice President, Professional Services

Hani Bahabeel: Vice President, Research & Development

Competitor Profile

Market Insights and Dynamics

The property tax and valuation software market is characterized by a demand for efficient, accurate, and user-friendly solutions that can adapt to evolving legislative requirements and technological advancements. Governments seek integrated platforms that streamline operations and enhance constituent services.

Competitor Analysis

Key competitors in this sector include:

Tyler Technologies: Offers a range of public sector software solutions, including property tax and appraisal systems.

Thomson Reuters: Provides property tax management software and services for government agencies.

Harris Govern: Delivers appraisal and tax software solutions tailored for local governments.

These competitors focus on delivering comprehensive, scalable, and user-friendly solutions to meet the diverse needs of government clients.

Strategic Collaborations and Partnerships

In August 2023, Aumentum Technologies partnered with InvoiceCloud to enhance the digital payment experience for tax organizations and their constituents. This collaboration aims to streamline tax payment processes and improve internal efficiencies within county tax offices.

Operational Insights

Aumentum Technologies' strategic considerations include:

Market Position: Leveraging over five decades of experience to maintain a strong presence in the property tax and valuation software market.

Competitive Advantages: Offering a comprehensive suite of integrated solutions that address the full spectrum of property tax management needs, supported by a team with extensive industry expertise.

Strategic Opportunities and Future Directions

Looking ahead, Aumentum Technologies aims to:

Expand Market Reach: Continue growing its client base by offering scalable solutions that cater to jurisdictions of varying sizes and complexities.

Enhance Technological Capabilities: Invest in research and development to incorporate emerging technologies, such as artificial intelligence and machine learning, to further improve the accuracy and efficiency of their software solutions.

Strengthen Partnerships: Build on existing collaborations and seek new partnerships to enhance service offerings and provide added value to clients.