Aptech Financial Solutions Selected by Eight Hotel Companies with 120+ Properties

  • Aptech Computer Systems, Inc.
  • 10.24.12
Aptech Computer Systems, Inc., a leading provider of hospitality software for business intelligence and enterprise financial accounting, announced eight hotel companies with more than 120 properties selected Aptech’s solutions for more profitable hotel operations.

Hotel companies implementing Aptech solutions include Renascent Hospitality, with nine hotels, that will install Profitvue multi-property enterprise back office accounting, and Courtesy Management, Inc. which will install Profitvue enterprise accounting and Aptech’s Webvue centralized online accounting solution. Summit Hotel Properties, with 80 hotels, will install Execuvue Business Intelligence; Oliver Companies with 14 hotels, will also install Execuvue. Larco Hospitality, with nine hotels, will upgrade to the latest mobile-enabled version of Execuvue.

‘Profitvue is the best hospitality based back office program on the market’

Scott Somerville, partner and president of Renascent Hospitality, said, “Our partners have used Aptech in the past and believe it is the best hospitality based back office accounting program on the market.” Profitvue is a widely-used thin-client, Internet-enabled enterprise back office solution that easily handles single or multi-property and multi-company accounting. The system incorporates accounts payable, general ledger, statistics, financials, and reporting. Profitvue gives users open-database compliance (ODBC) within a scalable, client/server, open-systems architecture. Profitvue is also available as an ASP service or on a licensed basis.

“As the hospitality industry strengthens, more hotel companies are implementing Aptech’s financial management solutions to monitor performance and increase profitability,” said Aptech Vice President Cam Troutman. “Many operators ask that Aptech host their Profitvue accounting, Execuvue business intelligence, and Targetvue budgeting and forecasting systems to lower hardware costs and gain greater data safety. All three systems are flexible enough and let operators use Aptech’s secure hosting services or install the systems as corporate-based solutions.”  

Targetvue budgeting and forecasting eliminates multiple-spreadsheet consolidation

Targetvue is Aptech’s hospitality-driven budgeting and forecasting solution. Aptech joined forces with PROPHIX to develop a totally new budgeting and forecasting application fully-integrated with the Profitvue accounting and Execuvue business intelligence systems. Targetvue eliminates the need to correct and recombine multiple spreadsheets for more confident budget consolidation and reporting.
 
Execuvue is one of the most widely used Business Intelligence systems in the hotel industry

Execuvue enables hotel companies to make informed decisions based on accurate, current data. It gathers and utilizes data from third-party source systems including PMS, time & attendance, general ledger, Smith Travel Research, and guest service scores into a single datamart for ‘right-time’ reporting and individual investigation. Execuvue creates and delivers actionable mobile-ready reports and dashboards that enable clients to make intelligent business decisions based on facts. The system’s versatility enables operators to build and automatically distribute interactive reports customized for a variety of property and corporate roles. Aptech offers Execuvue hosting from its secure data center to reduce solution costs.  Hotel companies and REITS using Execuvue include Extended Stay Hotels, Sandals Resorts, Island Hospitality Management, Highpointe Hotels, Texas Western Hospitality, Ashford Hospitality Trust, La Quinta, and many others.



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