PROGRESS in Lending Association Names Advantage Systems’ AMB 7 Sierra Software as an Innovations Award Winner

Mortgage Accounting

IRVINE, Calif., May 12, 2020 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today that its browser-based AMB 7 Sierra software was named as a ‘Top Innovation’ in PROGRESS in Lending Association’s 10th annual Innovations Awards.

The Innovations Award program highlights companies that work to develop industry-changing innovations. The association recognized innovations that were introduced into the mortgage market in 2019 as well as rewarded companies for creative enhancements, updates and changes to industry innovations that made a positive difference throughout 2019.

“PROGRESS in Lending Association’s annual Innovations Awards was developed to honor companies who create groundbreaking innovation to change the mortgage industry for the better,” said Tony Garritano, founder of PROGRESS in Lending Association. “While the COVID-19 crisis stopped us from introducing our 10th annual Innovations Awards in person, nothing can stop true industry innovation.”

“Our association named Advantage Systems’ AMB 7 Sierra as a top industry innovation because mortgage professionals need a solution that prioritizes real-time, easily digestible financial reporting at their fingertips and that is exactly what they get with AMB 7 Sierra,” Garritano continued.

“We are thrilled that our AMB 7 Sierra Reporting Package was listed among this year’s top industry innovations,” said Brian Lynch, President of Advantage Systems. “With the rapid switch to working remotely due to the COVID-19 crisis, our entirely browser-based solution allows mortgage professionals the ability to select the reports they need, when they need them.  These reports can be accessed from anywhere, at any time.”

Additionally, the awards were scored based on five categories: the innovation’s overall industry significance, the originality of the innovation, the positive change the innovation made possible, the intangible efficiencies gained because of the innovation and the hard cost and time savings that the innovation enables industry participants to achieve.

The association’s team virtually announced award winners on April 9, 2020. To watch the video and see the list of top innovations, visit PROGRESS in Lending Association’s website.

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. For more information, visit www.mortgageaccounting.com.

MEDIA CONTACT:
Rachel Smedley
William Mills Agency
678-781-7236
rachel@williammills.com

Independent Mortgage Bankers Conference 2020

Advantage Systems Attended the Independent mortgage bankers Conference ON February 3-6, 2020 

The conference was held at the Hyatt Regency New Orleans, New Orleans, LA . Advantage Systems provided demonstrations of AMB 7 Sierra at Table 10.

AMB 2019 Client Dinner in San Diego

As a thank you for being a valued client, Advantage Systems invited all AMB users to join them for dinner at Rustic Root Restaurant in the heart of the San Diego Gaslamp Quarter on November 20th. Advantage Systems bought out the restaurant for the night to give their guests a true Gaslamp Quarter dining experience while enjoying Rustic Root's dynamic New American cuisine. Rustic Root is unique and locally owned. The food and drink menus feature high-quality ingredients that transform simple favorites into flavorful and seasonally-infused dishes and cocktails.

Advantage Systems’ Brian Lynch Receives PROGRESS in Lending Association’s Inaugural Lending Luminary Award

IRVINE, Calif., November 19, 2019 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today that Brian Lynch, President of Advantage Systems, was named a Lending Luminary Award™ winner by PROGRESS in Lending Association.

In the midst of an ever-changing lending market, PROGRESS in Lending Association honored the industry’s mortgage bankers, lenders, servicers, technology executives and consultants with the Lending Luminary Awards at its annual ENGAGE event in Austin, Texas. The association recognized industry luminaries for their vision, leadership and inspiration, consistently handling and navigating fluctuating market conditions.

Lynch was recognized for leading Advantage Systems for over 25 years to constantly adapt the company’s flagship Accounting for Mortgage Bankers (AMB) product to meet the continually evolving needs of the mortgage industry. His focus on client support and on client-driven new product development has allowed AMB to be the industry leader in accounting software for mortgage professionals. From its inception, the company’s goal has been to make their client’s lives easier. This year has seen the release of an entirely new reporting platform designed to deliver better drill down, drill up and drill through functionality within a fully browser-based environment, allowing users the ability access to data anywhere, at any time. 

 “In developing the Lending Luminary Award, we were looking to honor true industry experts,” said Tony Garritano, founder of PROGRESS in Lending. “Brian is a real subject matter specialist that has been dedicated to helping the mortgage industry better understand and automate accounting. Our editors felt strongly that he deserves to be recognized for his efforts.”

“I’m honored to have received the Lending Luminary Award alongside some of the brightest in the industry,” said Lynch. “At Advantage Systems, we are committed to creating, enhancing and developing mortgage accounting technology, ensuring the accounting department, branch managers, C-level executives and loan officers all have access to the financial data they need to do their jobs more efficiently.”

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. For more information, visit www.mortgageaccounting.com.

MEDIA CONTACT:
Rachel Smedley
William Mills Agency
678-781-7236
rachel@williammills.com