Based in Irvine, Calif., Advantage Systems, Inc. offers a range of services to the mortgage banking industry. Formed in 1986 to distribute an accounting product called CONTRACK for addressing specific needs of the real estate development industry, the company also offers development, marketing, distribution and support of additional vertical market applications. Its software product called Accounting for Mortgage Bankers (AMB) offers accounting solutions to mortgage bankers, including providing loan level details, general ledger, accounts payable and report writing capabilities. Additionally, Advantage Systems Inc. offers financial reporting, commission calculation and override modules, accounts receivable module, cash management, AMB budgeting capability, imaging of vendor invoices to the AMB product and more.
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