What is Elite Financials?
Managing inmate funds and financial obligations for probationers and parolees can be a complex and critical task. Elite Financials Trust Accounting, Inmate Payroll and Community Financials offers a comprehensive solution to address these requirements. The platform enables easy-to-configure, double-entry postings and business rules to handle a wide range of financial transactions, from simple receipts and disbursements to more intricate indigent loans, grants, and automatic deductions for inmate obligations. Designed to be compliant with GAAP (Generally Accepted Accounting Principles), American Correctional Association (ACA), and American Probation and Parole Association (APPA) standards, Elite Financials provides the most flexible and robust tools available for managing the financial aspects of inmate and community-based supervision programs
Highlights
- Comprehensive management of inmate funds in jails and prisons
- Platform for managing financial obligations of probationers and parolees
- Easy-to-configure, double-entry postings and business rules
- Handles a wide range of financial transactions, from simple receipts and disbursements to complex indigent loans, grants, and automatic deductions
- Compliant with GAAP, ACA, and APPA standards