– Digital mortgage lender manages investor relations with custom reports –
IRVINE, Calif., August 30, 2017 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announces that Clara Lending, a full-service mortgage lender headquartered in San Francisco, has been able to leverage Advantage Systems’ AMB to streamline its accounting processes and adjust for growth.
In 2015, Clara implemented Advantage Systems’ Accounting for Mortgage Bankers technology in order to automate more of its accounting needs. Clara prides itself on using the efficiency of technology to automate as much of the origination process as possible. Similarly, Clara seeks to streamline as much of its operations as possible, using best-of-breed technology to eliminate manual processes.
AMB’s loan level detail capabilities have helped Clara’s growth by enabling the company to analyze the profitability of individual loans. Beyond taking advantage of AMB’s loan-level detail, Clara has found its custom reporting capabilities invaluable when providing financial data to its investors.
“AMB has been crucial to making our accounting as efficient as possible” said Yao Li, Accounting at Clara Lending. “We are building the best technology to automate the lending process for our borrowers and require the best technology from our partners as well.
“Clara Lending is a lender that understands the need for streamlined processes and how this impacts their bottom line,” said Brian Lynch, president of Advantage Systems. “The company has taken advantage of AMB’s capabilities to allow the accounting department to enhance the company’s ability to grow.”
About Clara Lending
San Francisco-based Clara Lending is building the world’s most efficient lending platform to save people time, money, and hassle on their mortgage. By automating and streamlining the origination process with technology, Clara can reduce the time and cost of mortgage-manufacturing. Consumers also have greater visibility and control into the process, making it not only quicker and less costly, but also less stressful to get a mortgage. For more information, please visit clara.com
William Mills Agency