Aptech received the award for its Targetvue Enterprise Budgeting and Planning solution for hospitality companies. Aptech is a provider of hospitality software for business intelligence, budgeting and enterprise financial accounting.

Aptech began working with Prophix in 2012 to develop a new budgeting and forecasting application that integrates with its Profitvue^® accounting and Execuvue^® business intelligence systems. Targetvue, based on the Prophix platform, simplifies enterprise-wide planning, consolidation and reporting by eliminating the need for large companies to rely on managing or manipulating multiple spreadsheets.

"Aptech earned the Prophix ISV award by leveraging our CPM platform with Targetvue to create a budgeting, forecasting and planning solution that helps hotel operators be more successful," said Michael Tindal, vice president, marketing for Prophix Software Inc. "This is noteworthy because the tremendous fluctuations the hospitality sector experiences – due to conditions such as variations in weather, currency rates, local regulations, evolving workforce demands, etc. – makes it one of the most difficult sectors in the world to plan for or predict."

Prophix develops CPM software that automates important financial and operational processes, making companies more profitable and reducing their risks. The company empowers more than 2,500 customers in 92 countries to gain valuable insight into their companies' performance.

"Aptech's extensive sector experience, leadership, and suite of total-hospitality solutions, makes it a high-performing partner and ideal recipient for our award," said Tindal. "Because Prophix is the leader in CPM, and Aptech is the leader in business intelligence and accounting for the hospitality sector our relationship benefits each company's clients."

"All of us at Aptech want to thank Prophix for this award," said Jill Wilder, vice president of Aptech. "We met with Prophix several years ago when we evaluated its CPM solution and thought it would be a good fit for enterprise hospitality budgeting and planning. Our companies have worked well together since then, and many hotel companies today use Targetvue for forecasting and planning to help them operate more profitably."