Rethink Solutions

Rethink Solutions, founded in 2001 by Mordechai Katzman, specializes in property tax management software for businesses with multi-property portfolios. The company's primary offering is itamlink, a web-based platform designed to help clients manage the entire property tax lifecycle, from assessments and appeals to payments and forecasting. In May 2022, Rethink Solutions was acquired by Altus Group, a provider of Intelligence as a Service (IaaS) to the global commercial real estate industry, enhancing the value and innovation for their clients.

The company's journey began with a mission to set the industry standard for real estate property tax software. A significant milestone was the 2003 launch of itamlink in Canada. By 2011, Rethink Solutions expanded its services globally and introduced its first custom integration for Accounts Payable data transfer, marking a shift towards automation. The following year, itamlink Capture was launched, a tool that converts paper tax documents into editable electronic data. In 2020, the company introduced an Enterprise plan with enhanced security features like Single Sign-On (SSO) and a Parcel Overlay tool that uses GIS-mapping technology for property analysis.

Rethink Solutions serves a diverse client base across various industries, including office, multi-family, industrial, retail, hospitality, and storage. The business operates on a subscription-based model, offering different plans such as Professional and Enterprise to cater to the varying needs of real estate teams. The itamlink platform provides a centralized repository for property tax data, aiming to replace manual spreadsheet-based processes. Its features include tax and expense management, assessment and values management, budgeting, forecasting, accruals, and appeal management. The software offers configurable dashboards, reporting tools, and seamless integrations with other systems like MRI, Nexus Systems, and Yardi. Additional functionalities include a document repository, calendar notifications for deadlines, and tools for analyzing year-over-year trends to identify cost-saving opportunities.

Keywords: property tax management, real estate software, itamlink, commercial real estate, tax assessment software, property tax appeals, portfolio management, PropTech, CRETech, Altus Group, Mordechai Katzman, tax data automation, real estate expense management, GIS mapping, property tax forecasting, multi-property portfolios, tax payment software, real estate analytics, enterprise software, data consolidation