Vendor Updates

Aptech Computer Systems, Inc.

2017 Summer
Pittsburgh, PA
http://www.aptech-inc.com

Lightstone Installs Execuvue® Business Intelligence for 26-state Portfolio
Lightstone installed Execuvue Business Intelligence to automate property data gathering and analysis at 32 properties. “Execuvue is a robust hotel software system that automates property information gathering and analysis,” said Marc Dober, vice president – asset management, hospitality at The Lightstone Group. “Execuvue also provides next-day performance reporting to Lightstone’s investors and management.”
 
Execuvue is Aptech’s IBM Cognos-based ASP enterprise hospitality business intelligence hotel software application that enables faster goal achievement for large and small hotel companies. It automatically integrates data from Lightstone’s Marriott, Hilton, IHG and other properties daily and creates custom flash reports to save time. Lightstone uses Execuvue to collect Smith Travel Research STAR report information on regional market dynamics and correlate it with property performance data to optimize market strategies.
 
“We often develop underwriting pro forma performance analysis reports on properties we are evaluating for investment,” Dober said. “We run several Execuvue reports on our new properties. We review a prepurchase report on expected property value and return. If we buy a property we compare its actual performance with its earlier underwriting numbers. Execuvue is also a good tool for evaluating our management companies to see why a hotel exceeded forecast or underperformed.”

Aptech Computer Systems is an IBM Business Partner that offers Execuvue® web-enabled Business Intelligence, Targetvue Budgeting and Forecasting, and Profitvue® and PVNG Enterprise Back Office systems that are 100 percent hospitality specific. Aptech is one of the only companies that provides a complete suite of financial management and analysis solutions for the hotel industry.

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.

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 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.
 
More than 3,500 properties rely on Aptech’s solutions. 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 is a leading hospitality solutions company with 45 years of experience leveraging change. The company values human relationships, and applies its 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.
 


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