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

Advantage Systems Launches Enhanced Web-Based Reporting Tool, AMB 7 Sierra

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