Advantage Systems adds dashboard feature to AMB Accounting SoftwareMortgagePress.comAdvantage Systems, Accounting for Mortgage Bankers, software, Online Analytical Processing
Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries,
announced the addition of a dashboard analytics feature to its
Accounting for Mortgage Bankers (AMB) software package.
The AMB Dashboard Analytics is Advantage Systems' implementation
of a powerful, comprehensive and easy-to-use Online Analytical
Processing (OLAP) view of data. OLAP is a member of the broader
category of software known as Business Intelligence.
The added dashboard feature expands the scope of traditional
accounting systems so data can be more easily accessed and used by
presidents, CEOs and non-accounting staff. The data is displayed
through charts and graphs, making the accounting reports and
information easier to read and understand. This feature can be used
by decision makers to study real-time loan profitability and can
help determine which loan products, branches and loan officers are
most profitable. Another attribute of the dashboard feature is the
ability to illustrate activity on loans even after closing, aiding
in the effort to track amounts due from fees and ancillary
"AMB's new dashboard analytics feature was designed to enable
presidents, CEOs and other decision-makers to leverage accounting
data into a tool that can reduce expenses and boost profitability,"
said Brian Lynch, president of Advantage Systems. "The dashboard
feature makes accounting easier to understand for decision makers
without an accounting background so they can see where their money
is going, while at the same time reducing the costs that are
incurred in the accounting process."
AMB is an accounting system that was specifically designed for
mortgage bankers to provide loan-level detail of accounting
transactions. The system provides general ledger, accounts payable
and report writing capabilities. A Web-based reporting module is
also available for branch managers along with a module to calculate
commissions, bonuses and overrides.
For more information, visit www.mortgageaccounting.com.