Horizon Hospitality Implements Aptech’s Profitvue Enterprise Accounting

  • Aptech Computer Systems, Inc.
  • 01.14.11
Aptech Computer Systems, Inc., a leading provider of hospitality software for business intelligence and enterprise financial accounting, announced that Horizon Hospitality Management implemented the Aptech Profitvue enterprise back office solution to streamline accounting processes across its multiple branded properties.

Horizon Hospitality now utilizes Profitvue to perform financial rollups for its Hampton Inns, Homewood Suites, and Cambria Suites properties. Profitvue is an enterprise hotel accounting application that streamlines back office processes, performance management and resource planning for multiproperty hotel groups and individual operators.

“Horizon Hospitality is a perfect example of a growing hotel company that is implementing enterprise systems that support future expansion,” said Cam Troutman, vice president of Aptech. “Profitvue is designed for operators like Horizon that operate multiflagged properties that must run independently while working on a standard, centralized corporate accounting platform.  Each property is free standing, but headquarters maintains full oversight for strategic guidance.”
 
Horizon operates four properties currently, and will add two more in 1Q ’11.

“We wanted a centralized platform strategy for our multiple flags because it gives us control across our hotels to oversee their income audit, general ledger entries, and other accounting processes,” said John Hannan, chief operating officer for Horizon Hospitality.

“None of our properties is a big-box format,” Hannan said. “Accounts receivable is done on-property via our PMS, and our property managers also review audit data before it goes to corporate. Profitvue enables us to support this autonomy for the flags while rolling up all our financials into a single reporting platform for greater operating efficiency.”

According to Hannan, Aptech’s hospitality industry experience led to Horizon’s decision to implement Profitvue. “We spoke to several Aptech clients with multiple properties and flags and found that Profitvue works very well for them,” said Hannan. “Operators consistently told us that Profitvue is easy to use and that Aptech provides excellent support. Another important factor was that Aptech understands the hotel business. Profitvue is not a canned one-size-fits-all-industries system adapted for hotels. Aptech’s team has considerable hotel experience and this cemented our decision.”




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