Aptech Computer Systems, Inc.
2006 Summer
Pittsburgh, PA
http://www.aptech-inc.com
Sage Hospitality Resources Installs Execuvue® and Targetvue® for Portfolio Growth: 47-Property Sage Combines Financial Metrics with Guest Information for Real-Time Forecasting to Boost Property Performance
Sage Hospitality Resources is installing Aptech’s Execuvue Business Intelligence and Targetvue Enterprise Planning systems to store and organize the combined operating data from its 47 properties to provide managers with daily performance information for more informed decision making and accurate budgeting/forecasting.
Until recently Sage used a number of separate systems that included accounting, guest services, and ADP reporting applications to generate information it manually entered into a corporate macro-based version of Excel. The process was lengthy and labor intensive, and the output was not available to managers until month-end. Sage is upgrading its corporate information systems by consolidating all of its operating, accounting and guest data in a single centralized Execuvue business intelligence database for instant management access to operating information.
Brian Treadwell, asset manager for Sage Hospitality Resources, said, “We used to spend most of our time reviewing and entering data from separate systems. Now we are implementing an enterprise business intelligence software system and our focus is shifting toward analyzing our property information for better decisions.” Sage also uses Aptech’s Targetvue® budgeting and forecasting technique tool to automate ‘what-if’ analysis.
Execuvue is an Internet-enabled 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 Windows simplicity. Starwood Hotels and Resorts, Concord Hospitality, Innkeepers Hospitality, Peabody Hotel Group, Hershey Entertainment and other successful companies use Execuvue business intelligence.
Targetvue®, the newest component of Aptech’s Performance Management suite, gives operators the ability to create a report card on management effectiveness, build flexible operating budgets, and set goals for various aspects of their enterprise.
Profitvue, is a widely used thin-client, Web-enabled hospitality back office solution that easily handles single or multiproperty and multicompany accounting, and incorporates accounts payable, general ledger, budgeting, forecasting 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.
Aptech, with over 750 installations, recognizes that professionals in the hospitality industry each view accounting differently. The company delivers customized, Web-enabled solutions that can fit any requirement, including distributed accounting, centralized accounting, regional accounting or any combination needed to meet a company’s unique operation.
For over 30 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.
Aptech will be exhibiting at HITEC 2006 in Minneapolis, Minn., June 20-22. Please visit booth 1001 to receive a complete demonstration of Aptech’s Execuvue, Profitvue, Targetvue or Webvue solutions.
For more information about Aptech and its products, please contact Cam Troutman at (800) 245-0720 or e-mail vueinfo@aptech-inc.com.