Advantage Systems (Irvine, Calif.), a provider of accounting and contract management tools for the mortgage and real estate industries, has released its second generation Commission Calculation Module for its Accounting for Mortgage Bankers (AMB) software.
The enhanced, user-friendly module provides mortgage lenders in both retail and wholesale environments with greater flexibility to define how commissions and bonuses are calculated. The new module takes advantage of the loan-level accounting capability of the AMB software to minimize input and provides a higher level of confidence that commission calculations are correct because the accounting system generally receives greater scrutiny than other systems. Advantage Systems launched its first Commission Calculation module in 2003.
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