Advantage Systems Announces Fifth Annual User Conference for Mortgage Accounting Professionals

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 [email protected] 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.