Escrow Compliance Accounting Software

Elite Software was originally designed in 2004 in collaboration with the Illinois Department of Financial and Professional Regulation (IDFPR). Today, it fully meets compliance requirements for all U.S. states, as well as Canada, Australia, and the UK.

In 2012, in response to customer requests for protection against data loss and for real-time state updates, Elite Software launched an online version. This version automatically backs up user accounts daily while ensuring compliance with state regulations for escrow and security deposits across the U.S. and Canada.

In 2020, Elite Software underwent a complete rewrite, introducing unique features not offered by any other software. Enhancements include advanced property management tools, allowing users to process all rental payments for multiple owners, automatically deduct management fees, allocate remaining funds to reserve accounts, and pay vendors—all with a single click.

Designed for managing brokers, owners, attorneys, title companies, escrow companies, mortgage companies, and banks, Elite Software ensures full state compliance. It is one of the few escrow trust accounting solutions capable of generating every required report to maintain compliance, including Folio IDs, multiple deposit and withdrawal reports, and all necessary reports for real estate sales and property management.