The William Vale Installs Aptech Computer Systems

  • Aptech Computer Systems, Inc.
  • 10.12.16
Aptech Computer Systems announced that The William Vale, a hotel in Brooklyn, N.Y., installed Profitvue to manage financial processes and property accounting.

The 183-room William Vale is a new-build property that opened in summer 2016. Aptech is a leading provider of hospitality software for business intelligence, budgeting and enterprise financial accounting.

“We installed Profitvue to manage pre-opening accounting in December 2015 and use it now for all property financial processes,” said Angielyn Cruz, director of finance. “The system is specifically designed for hospitality companies and Aptech customized our chart of accounts for The William Vale’s unique operations.” The property interfaced its purchasing and property management systems with Profitvue for streamlined accounting processes.

The William Vale rises 21 stories and offers breathtaking views, an elevated public green space, a roof lap pool, and adds a vibrant mix of retail and restaurants to Brooklyn’s thriving North Williamsburg neighborhood. “We implemented a hospitality standard chart of accounts that Aptech customized for The William Vale’s operation. Aptech’s support team is particularly helpful because they are all hotel professionals.” 

Profitvue is a widely used internet-enabled enterprise back-office solution that easily handles single or multi-property accounting, and incorporates accounts payable, general ledger, statistics, and financials. Profitvue is available as an ASP service or on a licensed basis.

“The hotel industry is in a period of rapid change," said Sam Costa, director of customer support with Aptech Computer Systems. "Many companies added properties by acquisition and new build in 2015 and 2016. This kind of rapid growth lifts operators to a level of operations where their manual accounting needs to be replaced with an enterprise back office solution. Many operators are implementing Aptech’s enterprise financial systems and safeguarding their data at Aptech’s hosting facility. Aptech hosting takes the burden of data security and system updates off hotel company’s hands and frees its team to focus on its operation.”

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