Press release

Advantage Systems Rolls Out Phase II of its AMB-7 Version at its Fifth Annual AMB User Conference for Mortgage Accounting Professionals

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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.”

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.