2017 HW Tech100 Winner: Advantage Systems
Lenders can use Accounting for Mortgage Bankers to run profitability analysis
At the push of a button, Advantage Systems' accounting system, Accounting for Mortgage Bankers (AMB), can present which loans comprise any account balance at any time.
Among the company's product offerings is the ability to track transactions on a loan-by-loan basis. It also offers general ledger, accounts payable and report writing capabilities.
AMB also comes equipped with a commissions calculator, which enables loan officers to calculate commissions, commission adjustments, bonuses and overrides. Additionally, AMB shows transactions that have occurred on a loan, allowing for more profitability analysis.