IRVINE, Calif., October 28, 2019 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today that phase II of AMB 7 Sierra is now available.
This phase of AMB 7 rolls out the total reporting suite with updated AMB features in an entirely browser-based environment, offering a new look and feel for accounting users, branch managers, C-level executives and loan officers. The new reporting tool offers easier navigation, extensive capability to drill down, up and through the data as well as the capability to take the data directly to a grid for easier filtering and export.
AMB is known for the breadth of reporting that comes standard with the product. Recreating the number of reports and the options available within those reports represents a significant body of work. This level of reporting is a major reason AMB is so easy to deploy, and why most clients have no need for custom programming.
In mortgage banking, as in any industry, better information leads to better decisions. The real time nature of the AMB product is key to providing management the most accurate and timely information possible. AMB does not require a data warehouse or reporting cube. The reports and charts available are drawn directly from the AMB database in real time.
“This phase of the AMB7 development marks a huge milestone. AMB7 is giving clients browser-based access to a level of reporting not available elsewhere, and that reporting was built and honed for mortgage bankers over AMB’s long history in the industry. The reporting is tailored for each user class so that each user sees only what they’re allowed to see,” said Brian Lynch, president and founder of Advantage Systems. We are excited to see AMB 7 Sierra help accountants and non-accountants alike get the information they need.”
About Advantage Systems Founded in 1986, Irvine, Calif.-based Advantage Systems is a provider of accounting and contract management tools for the mortgage and real estate industries. Advantage Systems’ Accounting for Mortgage Bankers (AMB) was developed in response to the need the company saw for a general ledger accounting product that could eliminate the spread sheets and manage the loan level detail required by the mortgage banking industry. In so doing, AMB gives its users the tool they need to be confident about the data being reported to management and others.
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