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.

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

IRVINE, Calif., July 09, 2019 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced the rollout of phase II of its AMB-7 version at its fifth annual AMB User Conference at the Balboa Bay Resort in Newport Beach, Calif. on June 21-22.

Phase II of the AMB-7 version includes the full reporting package of the AMB product, which allows users to view reports in a fully browser-based environment. The new version provides extensive capability to drill down, up and through the data as well as an option, on many reports, to take the data to a grid instead of a traditional report.

The annual user conference offered an exceptional opportunity for users to talk to ASI personnel as well as other clients about AMB and the issues of the day. The conference also allowed ASI the opportunity to showcase changes to its AMB, ApprovalSoft and Commission products and to provide training that is enhanced by real users’ experiences.

“Our user conference is an opportunity for AMB and ApprovalSoft users to learn more about our software solutions, network with other users and address issues and hopes for future versions of the solutions,” said Brian Lynch, president and founder of Advantage Systems. “The rollout of phase II of our AMB-7 version of the software coincided perfectly with the user conference and allowed users to see that all the work we’ve put into AMB7-Sierra is finally coming together. From C-level execs to accounting users to branch managers and even loan officers, seeing accurate, timely and relevant data in real time has never been so easy. Whether you view this data through a dashboard of KPIs, a grid or a pre-defined report, performance has been optimized and the data is controlled, so that users only see what they’re supposed to see.”

MEDIA CONTACT:

Rachel Smedley

678-781-7236

Rachel@williammills.com

– Provides learning and training sessions for AMB mortgage accounting software and networking opportunities –

IRVINE, Calif., June 4, 2019 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced its fifth annual user conference for users of its Accounting for Mortgage Bankers (AMB) and ApprovalSoft solutions. The conference will be held at the Balboa Bay Resort in Newport Beach, Calif. on June 20-21. 

            The official rollout of the new AMB 7 Sierra version of the company’s AMB solution will be highlighted at this year’s conference. This browser-based version of the AMB software is user-friendly and provides state-of-the-art dashboard presentation and reporting abilities with quick access for branch managers and C-level executives.  

 In addition to showcasing the new AMB7-Sierra version, industry experts from Moss Adams and Verity will discuss opportunities in Offshoring and a panel of AMB veterans will discuss Liquidity management.  Henry Chavez of Spiegel Accounting will provide a breakout session on ASC 842, the new lease accounting standard which will be required for privately held companies by January 1, 2020.  Additional Breakout sessions will focus on specific modules such as AMBfx, formerly called the “Excel Reporting Tool”, Approvalsoft® and Commissions along with a whiteboard session where Advantage Systems hosts a Q & A for software feedback to help drive the list of software enhancements for the next year.

Round table and bootcamp sessions will also be provided to allow clients a more focused training on various modules and functions within the software.

            “The user conference has proved to be beneficial year-after-year in showing our users new and improved features of our mortgage accounting software while additionally allowing them to converse with our team to express what they need our solutions to do for them.” said Brian Lynch, president of Advantage Systems. “Over the last five years, the AMB User conference has allowed users to come together to build relationships with other users, learn how to use functions within the software and to advance the direction of software development.

 Please visit the company’s website to register. Media interested in attending the event should contact Chuck Meyers at chuck@williammills.com or 678-781-7204.

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:

Chuck Meyers

678-781-7204

Chuck@williammills.com