Aptech Launches Suite of New Financial Solutions at HITEC

  • Aptech Computer Systems, Inc.
  • 06.16.11
Aptech Computer Systems, Inc., a leading provider of hospitality software for business intelligence and enterprise financial accounting, announced it will launch four new/enhanced products at HITEC.

They include:

  • Targetvue: A new streamlined, centralized hospitality-specific budgeting and forecasting module
  • Execuvue®: Enhanced features with reporting commentary; ad-hoc data imports, and mobile integration of text analytics that generates guest sentiment scoring
  • Profitvue®: Enhanced printing and Excel compatibility; ACH processing; bank reconciliations
  • PVNG: Profitvue Next Generation (PVNG) is a newly developed hospitality-specific financial accounting and reporting application.  
These enriched solutions enable operators to manage properties and hotel groups with greater effectiveness, both remotely or from their offices, with powerful tools for financial analysis and reporting. 
 
Targetvue: The hospitality-driven budgeting and forecasting solution is now strengthened by Aptech’s partnership with PROPHIX.  Aptech joined forces with PROPHIX to develop a totally new budgeting and forecasting application fully integrated with its Profitvue accounting and Execuvue business intelligence systems.  Targetvue uses the PROPHIX financial automation platform to simplify hospitality budgeting and forecasting.  The system eliminates the need for correcting and recombining multiple spreadsheets for consolidating and reporting.
 
Execuvue Business Intelligence: Updated features enable streamlined processing with automated distribution of business intelligence (BI) reports.  The latest version of the widely installed Execuvue BI system embraces the newly released Cognos 10 platform.  The enhanced Execuvue system delivers actionable insights to hotel operators wherever they may be, in more than 40 performance report formats.  With the addition of enriched charting and ad-hoc data imports, operators may also easily create their own ad-hoc queries and customize existing reports.
 
Aptech further expanded its BI offering by embracing the recent advances in text analytic technology.  With the increased capability of text analytics, it is now possible to convert written online ratings, comment card detail, and other guest-satisfaction measures into quantifiable metrics.  When operators can match guest sentiment data with daily performance and their competitive set, the result is actionable information they can use to make quick corrections and optimize revenues. 
 
Aptech also announced the launch of Profitvue 14.5, the latest version of one of the most widely used accounting solutions designed for the hospitality industry.  A comprehensive suite of enhancements increases the strength and versatility of the software’s multi-company general ledger and accounts payable functions.
 
“Aptech is committed to continually upgrading Profitvue so it always delivers the latest accounting features to simplify operations for our clients,” said Cam Troutman, Aptech vice president.  “Version 14.5 retains the familiar user interface so clients will still find it easy to use.  Version 14.5 is equally at home operating on a single property platform, or on a cloud-based network for multiple hotels with consolidated financials and reporting as a part of its standard offering.  For our many Profitvue clients who use Aptech’s secure network hosting facilities, we will continue to be responsible for data backups and will keep the system operating optimally for our 14.5 version”
 
Aptech will also unveil its Web-based Profitvue Next Generation accounting system June 20-23, 2011, at HITEC in Austin, Texas, booth No. 401.  Scheduled for release in 2012, Profitvue Next Generation will utilize the .NET platform and SQL Server database and be integrated with Aptech’s Execuvue Business Intelligence and Targetvue Budgeting and Forecasting systems.  This new application brings the industry-standard accounting features of Profitvue into the latest Microsoft technologies. 



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