Vendor Updates

Aptech Computer Systems, Inc.

2009 Summer
Pittsburgh, PA
http://www.aptech-inc.com

How Do You Measure Profitability?
With Flow-through Analysis

The most valuable metric in 2009 is a property’s flow-through percentage. Flow through is an important tool for operators and owners because it indicates the profitability of properties and portfolios. During periods of soft demand it is essential because it shows how much revenue flows through to the bottom line after variable expenses are deducted.  Aptech’s Execuvue® business intelligence is providing flow-through reporting to properties and hotel chains, and is making the difference between profitable operations and red ink.

“We just implemented Execuvue at Inland American Lodging Advisors and it enables our team to focus on analysis that puts our highest, lowest and median performance properties on one page to identify the assets that require attention. This is a great tool for maximizing profitability for our investors,” said Joseph S. Bello, CHA, vice president, asset management, Inland American Lodging Advisors, Inc. (IALA), which oversees the management of 103 properties.  “This is where flow-through analysis pays off.”

Flow-through results are presented as percentages since it is typically easier to pursue an improvement when expressed as a percentage.  When property teams learn how flow-through works, they become adept at bringing more revenue to the bottom line.

Execuvue is a Web-based enterprise business intelligence application for large and small hotel companies that coordinates data from various corporate systems, including Smith Travel Research, into accessible information with familiar browser simplicity.  Extended Stay Hotels, Innkeepers Hospitality, Ashford Hospitality Trust, Peabody Hotel Group and many other successful companies use Aptech’s Execuvue Business Intelligence, Profitvue® and Webvue® accounting systems and Targetvue enterprise planning.

Targetvue, an integral component of Aptech’s performance management suite, gives operators the ability to build flexible operating budgets, and set goals for various aspects of their enterprises. 

Profitvue is a widely used thin-client, Internet-enabled hospitality back office solution that easily handles single or multiproperty and multicompany accounting, and incorporates accounts payable, general ledger, statistics and financials.  Profitvue gives users open database compliance (ODBC) within a scalable, client/server, open systems architecture.  Profitvue is available as an ASP service or on a licensed basis.

Webvue is an extension of Profitvue that supports property accounting and reporting via the Internet.  Designed for limited-service hotels, Webvue enables properties to quickly and easily send and access financial and statistical data and generate reports through its Internet or intranet site.  Hotels can have real-time access to financials at any time, from any location. Webvue is fully secure and centrally controlled and can expand to handle multiple property sites.

With more than 2,500 properties, Aptech recognizes that professionals in the hospitality industry each view accounting differently.  The company delivers customized, Web-enabled solutions that can fit any operating requirement, including distributed accounting, centralized accounting, regional accounting or any combination needed to meet a company’s unique operation. 

For over 40 years Aptech has led the hospitality market in leveraging change by valuing human relationships and applying technology to solve business problems for people.  All of its applications are supported seven days a week and 24 hours each day by experienced hotel industry professionals.

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



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