Aptech Computer Systems, Inc.
2011 Summer
Pittsburgh, PA
http://www.aptech-inc.com
Profitability in The Cross Hairs: Aptech-driven Efficiencies Save Ascenture $80,000 in Salaries
Ascenture is a full-scale hotel management company with 10 properties in five states and more on the horizon. Its brands include Hilton, Holiday Inn and Comfort Suites, and its balanced focus on quality and performance earned it a place on Hotel Business’ list of the top 100 management companies for 2011 based on rooms and revenues.
Ascenture relies on Aptech’s Profitvue® enterprise accounting and financial planning software to meet investor expectations, track profitability targets and calculate and communicate crucial business data each day. One reason Ascenture chose Aptech is because Profitvue accepts performance data from all brands and systems, regardless of flag, and creates centralized daily property reports and consolidated financials and delivers them online or by email.
Profitvue also saves money. Ascenture has only two people in its accounting office for all its assets. “Aptech creates a more efficient operation so we save about $80,000 in additional salaries,” explained Joseph C. Moffa, Ascenture president. “Our partners and investors are in business for a profit, and we use Aptech to keep them informed. I want them to be the smartest owners in the hotel business and understand how we manage their investments to increase value. We use Profitvue reports to show how we manage costs down to the smallest amenities.”
Aptech offers the Execuvue® business intelligence and Profitvue budgeting and back office accounting systems for hospitality companies.
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.
Profitvue is a widely used enterprise 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 property clients, 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 more than 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 email vueinfo@aptech-inc.com.