Advantage Systems Releases Web-based Version of ApprovalSoft® to Enable Mortgage Lenders to Approve Financial Invoices Faster

Automates approval of financial invoices, increases accuracy

IRVINE, Calif., Aug. 27, 2013 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced it has released a web-based version of its ApprovalSoft® imaging, workflow and approval management software. Users can access the application from desktops, tablets and smart phones and it automatically adjusts to fit the screen of any device for consistent viewing.

ApprovalSoft® enables users to take a picture of supporting financial documents, such as receipts for meals, using the camera from a smartphone or tablet and eliminates the time and cost of sending documents to corporate offices by regular mail or email. Users can access ApprovalSoft® from any location with an Internet connection.

ApprovalSoft® requires no configuration on the user’s device, just launch the app and log in. The technology makes the process of recording accounting transactions as easy as possible. In addition to handling vendor invoices, ApprovalSoft® was designed to handle all accounting transactions, including journal entries.

“Our clients are being audited more now than ever,” said Brian Lynch, president of Advantage Systems. ”They need an efficient way to manage the approval process in a system that allows them to demonstrate that they have control over their accounting transactions.”