Four Hotel Companies Select Aptech Business Intelligence, Accounting and Budgeting Solutions

  • Aptech Computer Systems, Inc.
  • 11.07.11
Aptech Computer Systems, Inc., a leading provider of hospitality software for business intelligence and enterprise financial accounting, announced four new hotel companies have selected its hospitality solutions to improve their business intelligence, budgeting and forecasting and accounting.

M&R Hospitality Management in New York and San Ysidro Ranch in Santa Barbara, Calif., are among the companies implementing Aptech’s financial solutions.  
 
“We started M&R Hotel Group several years ago managing our business with only QuickBooks.  We upgraded our multiproperty hotel financials to Aptech’s Profitvue enterprise accounting as we grew,” said Amit Gandhi, president of M&R Hotel Group.  M&R operates six flagged properties in and around New York City with five additional hotels in development. 
 
“We will implement Execuvue® Business Intelligence to add in-depth performance analysis of our current hotels and to assess the cost and revenue ratios of potential investment opportunities.  We value Aptech’s systems and professional team,” Ghandi said.
 
Execuvue is a web-based hospitality business intelligence application that gathers and coordinates data from a wide variety of hotel systems, including STR data, for enterprise performance reporting and analysis. The latest Execuvue version delivers actionable insights to hotel operators on a mobile-ready platform with an unlimited combination of user-defined report layouts.
 
”Execuvue also leverages recent advances in text analytic technology.  The system can 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.  The four new Aptech clients are a great example of how hotel companies are leveraging financial solutions to better manage their companies and increase profitability,” said Cam Troutman, vice president of Aptech Computer Systems.  “Our solutions are helping these hotels make smarter decisions based on data and industry intelligence.”

San Ysidro Ranch, named the No.1 resort in the continental United States and Canada for 2010 by Travel + Leisure magazine, selected Aptech’s Targetvue® to improve budgeting and forecasting.  Targetvue is a hospitality-driven budgeting and forecasting solution that eliminates the need for correcting and recombining multiple spreadsheets.  Targetvue’s consolidated forecasts and reports may be fully integrated with both Execuvue and Profitvue.   

Additional hotel companies in California and Ohio will implement Aptech’s Profitvue multiproperty accounting system to streamline their back office processes.  Profitvue® is one of the most widely used accounting solutions designed for the hospitality industry.  

Aptech Computer Systems, Inc., based in Pittsburgh, Pa., leads the hospitality industry in leveraging change by valuing human relationships and applying technology to solve business problems for people. Incorporated in 1970, Aptech is a financial and operations technology solutions and service company whose products include state-of-the-art back office, business intelligence and enterprise planning products: Profitvue, Execuvue, Targetvue, and Webvue®. Over 2,500 properties, including very large chains, multiproperty management companies and single-site hotels use Aptech solutions to understand their financial and operational data. Execuvue and Profitvue are registered trademarks of Aptech Computer Systems, Inc. All other trademarks are owned by their respective holders.




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