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Advantage Systems Adds New Security Feature to Accounting for Mortgage Bankers Software

Irvine, Calif.-based Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, has added a new security feature to its Accounting for Mortgage Bankers (AMB). AMB is an accounting solution designed specifically to enable mortgage bankers to limit access to individual bank accounts.

By securing access to bank accounts, AMB now enables branch users to manage their own checking accounts within the system. The organization benefits by distributing that labor burden while at the same time capturing the necessary accounting data relative to the branch. Additional benefits of this security feature enhancement include greater overall security of the check writing process and prevention of errors associated with users selecting the incorrect bank account when printing or voiding checks.

According to the company, the enhancement provides managers within the mortgage industry with the ability to safely and securely enable branch users to print their own bank-related reports, such as cash disbursement and cash receipt reports, since each user is only able to report on banks to which he or she has been granted access. Senior management also has the ability through AMB to better control access to money market and other high dollar or sensitive accounts.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio

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