Technologies, Inc. (NYSE: TYL) signed an agreement with the City of
Philadelphia, Pennsylvania, for Tyler's iasWorld CAMA™ computer-assisted
mass appraisal software solution. The agreement, valued at more than $8
million, includes software-as-a-service (SaaS) implementation, data
migration, training, maintenance, and support services.
The City of Philadelphia identified several opportunities where
significant technology upgrades could increase efficiency in its
property appraisal processes. The city encompasses approximately 140
square miles and has roughly 580,000 parcels, and it required a new
software solution that would be able to better integrate data, enhance
audit capability, and offer better workload management and reporting for
The city's existing technology environment consists of siloed systems
that are difficult to maintain, and the city needed a vendor that could
provide a modern solution with a proven history of handling large and
complex municipalities. After a thorough review process, the city
ultimately selected Tyler, based upon its proven ability to implement
CAMA software in cities and counties across the country. Tyler has a
large footprint in Pennsylvania, and with this agreement, Tyler's
iasWorld mass appraisal solution will soon cover assessment for over
half of the parcels in the commonwealth.
By implementing Tyler's modern CAMA solution, the city will be able to
facilitate significant process improvements, specifically:
Electronic access to functionality that is either not available today
or achieved through paper-driven processes
Access to all pertinent parcel information in one system
Reduction in reliance on shadow systems
Clear identification of the system of record
Better valuation data and data quality
Enhanced audit capability
Better workload management and reporting capability
"The City of Philadelphia will greatly benefit from a comprehensive
property assessment solution, especially considering it is currently
using many disparate systems to maintain its parcel data," said Mark
Hawkins, senior vice president of software operation of Tyler's
Appraisal & Tax Division. "We're excited to expand our presence for
iasWorld in Pennsylvania and add another large and complex city to our
client base. We are eager to see how the automation will benefit the
city's staff and, in turn, its constituents."
Tyler's iasWorld solution has an expansive footprint covering 25 states
in the U.S., four Canadian provinces, and the Commonwealth of the
Bahamas. Tyler also provides its Eagle Recorder™ solution to
the City of Philadelphia.
Philadelphia is Pennsylvania's largest city and the sixth most populous
city in the U.S., with an estimated population of 1.5 million.
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end
information management solutions and services for local governments.
Tyler partners with clients to empower the public sector - cities,
counties, schools and other government entities - to become more
efficient, more accessible and more responsive to the needs of their
constituents. Tyler's client base includes more than 15,000 local
government offices in all 50 states, Canada, the Caribbean, the United
Kingdom and other international locations. In 2017, Forbes ranked
Tyler on its "Most Innovative Growth Companies" list, and it has named
Tyler one of "America's Best Small Companies" eight times. The company
has been included six times on the Barron's 400 Index, a measure
of the most promising companies in America. More information about Tyler
Technologies, headquartered in Plano, Texas, can be found at tylertech.com.
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Richards Partners for Tyler Technologies
Kurt Watkins, 214-891-7624