Advantage Systems Upgrades Web-Based Financial Reporting Solution for Mortgage Industry to Provide Daily Access to Comprehensive Financial Reporting

IRVINE, Calif., Sept. 20, 2012 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced it upgraded its web-based financial reporting solution to provide branch managers with daily access to a more comprehensive level of financial reporting that eliminates the need for managers to send more complex financial reports monthly.

The new enhancements give users immediate access to more detailed financial reports. Users do not have to wait until month end for this level of financial reporting. These financial reports can be run at any time during the month. Users will get comfortable with one report all month long rather than a summarized version during the month and a detailed version at month end. This technology eliminates the time and the cost of sending out financial reports monthly and offers managers the capability to evaluate branch and loan profitability in real time.

“The new features incorporated into our web-based financial reporting module provide mortgage lenders with the ability to manage their loan data more effectively and make the right decisions quickly,” said Brian Lynch, president and founder of Advantage Systems.