How ZEscrow Works for Law Firms
ZEscrow Features Law Firms Love for IOLTA’s:
1
Efficient Segregation of Client Funds
ZEscrow ensures precise segregation of client funds which is essential for maintaining clear financial boundaries between different client accounts and operational funds.
2
Streamlined Onboarding Process
We support the easy integration of your existing client funds through bulk uploads, facilitating a smooth transition to our system.
3
Automated Interest Handling for IOLTAs
The system is designed to automatically calculate, split and direct interest payments to the IOLTA Board, streamlining the process and ensuring all financial activities comply with requirements.
4
Advanced Reporting Capabilities
ZEscrow offers comprehensive on-demand reporting tools that generate customizable files for download and send to state board reporting. This not only ensures compliance but also promotes transparency, allowing for easy and accurate submission of account-level data.
5
Customizable Naming for Accounts
Easily name or rename accounts for your specific state requirements.
ZEscrow Features Law Firms Love
1
Regulatory Compliance
Account Compliance can be configured once and then automated reducing the risk of legal consequences.
2
Trust Account Management
Easy to create subaccounts simplify through meticulous tracking and reporting, streamlining one of the most complex aspects of legal finance.
3
Security Protocols
Addressed with top-tier protocols to avert fraud and data breaches, safeguarding sensitive client information.
4
24/7 Availability
ZEscrow is available online, enhancing transaction efficiency and streamlining traditional banking interactions.