Vendor Updates

Aptech Computer Systems, Inc.

2015 Spring
Pittsburgh, PA
http://www.aptech-inc.com

Pinnacle Hotel Management Installs Targetvue to Automate Budgets and Forecasts for 26 Hotels
Aptech is one of the only providers of a fully integrated enterprise accounting, business intelligence (BI) and planning ecosystem for the hotel industry. Its solutions create standardized operating data from multiple systems for one or more properties that enable fast, intelligent business decisions.

Pinnacle Hotel Management implemented Aptech’s Targetvue to automate budgets and forecasts for 26 Marriott, Hilton and independent properties. Targetvue is a hospitality-driven enterprise system that enables operators to easily compare plans with performance on a daily basis. Properties use Targetvue to build and implement flexible plans that achieve business goals more effectively.

“Targetvue lets us easily create accurate budgets and forecasts for analysis,” said Felicia Matula, CFO for Pinnacle Hotel Management. “Targetvue automatically downloads general ledger data into our budget and forecast for plan analysis. It also accommodates daily ‘on the books’ data reporting.” Matula noted that Pinnacle previously used Excel spreadsheet budgets that were difficult to build and maintain. “Our formulas are locked in Targetvue,” she said. “Each property manager has his or her own input screen where they can monitor budgets for their hotels.”

Aptech hosts Pinnacle’s Targetvue system from its secure network facility. “Targetvue tracks the status of each Pinnacle property's contribution to the plan in real time. It provides managers with a single combined view of an entire asset portfolio and shows where each property stands compared to plan,” said Aptech VP Jill Wilder.

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 its Profitvue accounting and Execuvue business intelligence systems. Targetvue eliminates the need to correct and recombine multiple spreadsheets for consolidating and reporting.

Execuvue is an IBM Cognos-based ASP enterprise hospitality business intelligence application that enables faster goal achievement for large and small hotel companies. 

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

Webvue is a Web-based extension of Profitvue that supports property accounting and reporting.  Webvue is designed for limited-service hotels and is scalable to large enterprises. It enables properties to quickly and easily send and access financial and statistical data and generate reports online. The system provides real-time access to financials at any time from any location, and is centrally controlled and fully secure.

With more than 3,200 property clients, Aptech recognizes that each professional in the hospitality industry views accounting differently. The company delivers customized, Web-enabled solutions that can fit any operating requirement. 

Aptech has led the hospitality market for 45 years by leveraging change, valuing human relationships, and applying technology to solve complex business problems. Experienced hotel industry professionals support all of Aptech’s applications seven days a week and 24 hours a day.

For more information about Aptech and its products, please contact Cam Troutman at (800) 245-0720 or email vueinfo@aptech-inc.com.



want to read more articles like this?

want to read more articles like this?

Sign up to receive our twice-a-month Watercooler and Siegel Sez Newsletters and never miss another article or news story.