
This app is built to handle infinite quantities of data for law firms of any size, including very large firms. View job transaction ledger on screen fast, so you know what is available to withdraw. Interactive bank account ledger lets you track and compare each lawyers' performance across any and all bank accounts and any and all jobs and much more.
Enter deposits and withdrawal transactions in a flash with drop down menus. Extensive chart of accounts tracks every dollar. Pie chart tool is incredible for data visualization. Easily carry a law firm buffer balance in each bank account to cover expenses such as fees, checks and charges, as required by law. This app works equally well on smartphone or desk top computer.
Produce a flawless 3 way reconciliation report for up to 200 separate bank accounts at the touch of a button, Its amazing! This app will save you tons of time and move this critical operation to the cloud, where it belongs and convert it to a simple administrative task. Eliminate 90% of the time and resources dedicated to your Escrow, Trust and IOLTA accounting each month, while significantly improving efficiency, compliance, and accuracy. This app is about as simple to use as it gets. You can't screw up. Go digital in the cloud with cutting edge SaaS, FinTech, RegTech and ERP technology. Work smart, not hard.
It's easy to convert to Escrow Trakker from your current method. Stay tuned for more updates and features and additional apps. We love to hear from you.
Enjoy Simple Painless User-friendly Trust and IOLTA accounting
Track up to 200 separate Trust and IOLTA bank accounts flawlessly. Escrow Trakker eliminates time consuming custom spreadsheets and ledgers to give you quick, worry-free escrow accounting. Quickly and easily enter deposits and withdrawals and assign an account, customer, job, and lawyer to each transaction using the drop-down selection menus. Reconcile monthly with your bank statement. That is all there is to it. EscrowTrakker does the rest.
Flexible Reporting
Escrow Trakker’s extensive pie-chart and report tools let you see the data metrics you need to know now:
• How much is in trust or IOLTA for every job
• what account is the money for
• which lawyer is associated with it?
Dial up companywide metrics:
• for each customer & job
• for each account
• for individual lawyer
• for the entire firm
Print customer escrow statements to accompany monthly invoices as required in many jurisdictions
3-Way Reconciliation in Seconds
Go from hours to minutes a month managing your multiple trust and IOLTA accounts. Eliminate the time-consuming manual process of 3-way reconciliation. Reconciling general checking ledgers, customer balances and bank statements is difficult, painstaking and often inaccurate. Escrow Trakker performs this monthly task automatically and stores this data in the cloud permanently. Print and file with your bank statement each month and you are 100% compliant.
Time Saving Functions
Escrow Tracker streamlines your accounting with features like:
• On-screen interactive bank account ledger - see individual customer balances and transactions on screen
• Print and e-mail 3-way reconciliation, trial balance summary, profit and loss and bank ledger reports
• Drop-down auto-fill selection menus for quick and easy data entry
• Extensive preinstalled on-board chart of accounts
• Easily edit and customize chart of accounts
• Check printing - 1 or 3 checks to a page format
• Search function - locate any transaction in the system instantly
• Recurring transactions - post recurring transactions automatically
• Split transactions - distribute deposits or withdrawals to multiple income or expense accounts
• Bank account overdraw notifications - never trigger a state audit by overdrawing your IOLTA
• Image capture of customer deposit checks - stored permanently in the cloud as required
• Multi-platform - works equally well from smartphone, tablet, or desktop
• Pass-code or fingerprint log in for security
• AI enhanced for great user experience
• Patent pending database technology
• Secure and accessible cloud storage of all entered data
• Extensively beta tested to provide a bug free, error free experience
• Secure cloud hosting by Amazon web hosting services in USA
Worry-Free Compliance
Escrow Trakker is State Bar, ABA and IOLTA compliant in all 56 states and
territories and every country. Never worry about an audit again. With Escrow Trakker your trust and IOLTA accounting files are always current, your records are secure, and you are always prepared.
EscrowTrakker was designed by our programmers and engineers to simplify the painstaking task of reconciling bank accounts by transaction ledger and customer balance simultaneously, and to record the flow of money in and out of the system by a chart of accounts. We did it and we think nothing else comes close to our solution!
Eliminate 90% of the time and resources dedicated to your Escrow, Trust and IOLTA accounting each month, while significantly improving efficiency, compliance, and accuracy.
No other software required.
Work smart, not hard.
30-day free trial
Basic - 2 Bank accounts
Price: $9.99 / month
Professional - 10 Bank accounts
Price: $39.99 / month
Enterprise - 200 Bank accounts
Price: $69.99 / month
Location: United States, Michigan, Farmington Hills
Member count: 1-10
Founded date: 2019
Mentions in press and media 1
Date | Title | Description | Category | Author | Source |
08.03.2022 | Escrow Tra... | Edward Kellman PE Trust accoun... | - | - | prweb.com/... |