IRVINE, Calif.--(BUSINESS WIRE)--Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced it had held its fourth annual AMB User Conference at the Balboa Bay Resort in Newport Beach, Calif. on June 21-22.
The annual event continued to provide users of AMB, Advantage Systems’ accounting solution that was specifically designed for mortgage bankers, with educational sessions led by prominent industry experts, group training and white board sessions, in which users offered their own perspective to other attendees as well as AMB’s software developers. Guest speakers provided relevant and timely information on topics such as interest rate lock commitments, the new tax law, branch reporting and loan officer compensation.
Advantage System also used the conference to showcase enhancements including those made to its Excel Reporting Tool renamed AMBfx as well as the solution’s ability to automatically create images of checks as they are created.
“Our user conference offered an excellent opportunity for clients to learn more about the AMB software, meet with other users and to share how they have addressed common issues,” said Brian Lynch, president and founder of Advantage Systems. “Several sessions were devoted to training and the small group training sessions introduced this year were particularly well attended. The combination of product training, development and industry topics that were the focus of the conference enabled us to exceed last year’s attendance numbers in a year when mortgage lenders’ profit margins have been squeezed.”
AMB brings real-time accounting data to users, both accounting and non-accounting staff, in a practical, useable format. Key features include the ability to view loan level data that displays profitability by loan, loan type, loan officer and branch.
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.