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Escrow Management Services

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We Offer All Inclusive Management Services or Ala'Carte As Needed 

  • IT Set Up & Management -We enforce stringent IT protocols to safeguard your escrow company’s data and transactions. Our advanced cybersecurity measures ensure that all digital processes are secure, compliant, and protected to the highest industry standards. 

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  • Banking Set Up & Management- We assist with the setup and management of your escrow company’s banking relationships, ensuring seamless integration with financial institutions and efficient handling of all escrow funds.

     

  • Accounting- We provide expert accounting services, including accurate financial reporting, reconciliation, and compliance with escrow accounting standards, ensuring your company’s financials are always in order.

     

  • Audit Preparation & Assistance- We offer comprehensive support in preparing all necessary documents and processes, ensuring that your escrow company is fully equipped to handle every transaction smoothly and efficiently.
     

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  • Trust Account Reconciliation-We provide meticulous 3-way account reconciliation services, ensuring that all escrow accounts are accurately balanced and discrepancies are promptly identified and resolved. 

     

  • Human Resource Management- We optimize the allocation and management of your escrow company’s resources, ensuring that staff, technology, and financial assets are utilized effectively to maximize efficiency and profitability.

     

  • Payroll Set Up & Management-We manage the setup and administration of your payroll systems, ensuring accurate, timely, and compliant payroll processing for your escrow company’s staff.

     

  • Compliance Management- We ensure rigorous adherence to industry regulations and standards, providing ongoing compliance management and audits to protect your escrow company from legal and regulatory risks.

     

  • Wire Department Access- We provide direct access to our dedicated wire department, ensuring efficient handling and processing of wire transfers with expert oversight and security.

     

  • Software Management & Integration- We handle the management and integration of advanced software solutions, ensuring seamless functionality and optimization of your escrow company’s technology infrastructure for enhanced efficiency and accuracy.

     

  • File Management- We provide comprehensive file management, including organization, secure storage, and retrieval of all essential documents, ensuring easy access and compliance with data retention policies.

     

  • Phone Systems Set up & Management- We handle the setup and ongoing management of your phone systems, ensuring reliable, efficient communication solutions tailored to your escrow company’s needs.

     

  • Tax Preparation- We provide expert tax preparation services, ensuring accurate and timely filing of tax returns while maximizing deductions and credits to optimize your escrow company’s tax position.
     

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Escrow Management Services 

We specialize in taking the complexities of escrow management off your shoulders, allowing you to focus on what you do best—serving your clients.

 

Whether you're looking to streamline operations, enhance compliance, or boost profitability, our team is here to manage your existing escrow company with precision and care.

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What We Do

At TPS, we  offer comprehensive management services for existing escrow companies. We bring our extensive industry knowledge and operational expertise to manage your company effectively, ensuring that your escrow processes are efficient, compliant, and secure.

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Why Partner with Us?

  • Industry Expertise: With decades of experience in the escrow industry, we understand the challenges and nuances that come with managing escrow accounts. Our team is equipped to handle these challenges, providing you with the peace of mind that your company is in expert hands.
     

  • Operational Efficiency: We streamline your escrow operations, implementing best practices that reduce costs, increase productivity, and enhance the overall customer experience. Our goal is to help your company run smoothly and efficiently.
     

  • Regulatory Compliance: Staying compliant with ever-changing regulations can be daunting. Our team ensures that your escrow company adheres to all local, state, and federal regulations, mitigating risks and protecting your business from potential legal issues.
     

  • Customized Solutions: Every escrow company is unique, and so are its needs. We tailor our management services to meet the specific requirements of your business, whether that’s enhancing your technology infrastructure, improving staff training, or refining your financial reporting.
     

  • Client-Centered Approach: We prioritize your relationships with your clients. Our management strategies are designed to maintain and enhance client satisfaction, ensuring that your customers receive the best service possible.

     

Our Management Services

  • Operational Oversight: We oversee the day-to-day operations of your escrow company, ensuring that all processes are running smoothly and efficiently.
     

  • Regulatory Compliance Management: We keep your company up-to-date with all relevant laws and regulations, managing audits, and ensuring that your practices are compliant.
     

  • Financial Management: From managing accounts to overseeing financial reporting, we ensure that your company’s finances are handled with accuracy and transparency.
     

  • Technology Integration: We implement and manage advanced escrow management software that streamlines operations, enhances security, and provides real-time data insights.
     

  • Staff Training and Development: We provide ongoing training and support for your team, ensuring they have the skills and knowledge to perform at their best.
     

  • Client Relationship Management: We manage and enhance your client interactions, ensuring that your customers receive outstanding service at every touchpoint.

     

How It Works

  1. Assessment: We conduct a thorough assessment of your escrow company to identify strengths, weaknesses, and opportunities for improvement.
     

  2. Customization: Based on our assessment, we develop a customized management plan tailored to your specific needs and goals.
     

  3. Implementation: We take charge of managing your company, implementing the agreed-upon strategies, and ensuring a seamless transition.
     

  4. Ongoing Management: We provide continuous oversight and support, adapting our strategies as needed to keep your company thriving.

     

Partner with Transaction Processing Services, Inc.

Let us handle the complexities of managing your escrow company, so you can focus on growing your business.

 

Contact TPS, Inc. today to learn how we can take your escrow operations to the next level.

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