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The industry-specific functionality and high-degree of integration between these systems will offer a new level of financial optimization and management for mortgage lending firms.
San Francisco, CA and Irvine, CA (PRWEB) July 09, 2014
Alight Planning, a fast-growing and innovative provider of industry-specific software applications, and Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, today announced the formation of a strategic partnership to bring a new level of financial awareness and optimization to mortgage lending firms.
By forming this strategic partnership and integrating elements of our solutions, well bring mortgage lending firms a different and more powerful way to manage their financial performance, said Michele McGovern, CEO, Alight Planning. The strengths of the AMB system and its ability to deliver an extremely clear picture of a firms current financial picture and Alights ability to optimize financials for any changes coming in the future, is an unbeatable combination.
Our AMB solution enables lenders to fully automate their accounting processes, drill down to loan-level details and measure profitability by branch, by loan and by loan officer in real time, said Brian Lynch, president of Advantage Systems. When you couple that with Alights ability to run real-time scenarios to power decision making, mortgage lending firms have an incredibly powerful way to optimize their businesses and ultimately make more money.
The partnership between Alight Planning and Advantage Systems commences immediately. Both companies will be detailing the benefits of the partnerships to existing customers and prospects. Firms interested in learning more can contact Mark Burner, mburner(at)alightplanning(dot)com.
About Alight Planning
Alight Planning is a fast-growing provider of industry-specific applications that help firms transform how they view planning and budgeting and make it a constant and relevant part of their businesses. Alight Planning has over 300 customers, across some of the most dynamic and complex industries, including financial services, telecommunications, health care, mining and food and beverage. Alight Planning is committed to helping customers achieve and sustain top financial performance.
For more information visit alightplanning.com.
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 demand the company saw for a general ledger accounting product specifically designed for the mortgage banking industry. AMB has the ability and reliability to track costs at loan level in real time, eliminating redundant spreadsheets and providing financial data that can be used by CEOs, management, as well as staff who may not be trained as accountants. For more information, visit http://www.mortgageaccounting.com.
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