Aptech Computer Systems, Inc.
2014 Summer
Pittsburgh, PA
http://www.aptech-inc.com
HRI Lodging Selects Targetvue Budgeting and Execuvue® BI to Simplify Reporting at 17 Hotels
Aptech Computer Systems is an IBM Software Premier Solution Provider and Value Plus Partner. 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.
HRI Lodging, LLC (HRIL) will install the Targetvue, Execuvue® and Profitvue® systems for its 17 hotels. HRIL selected Aptech’s systems to simplify property reporting, data collection and budgeting/forecasting for its expanding portfolio. Aptech will host HRIL’s systems from its secure data center in Pittsburgh, Pa.
Execuvue and Targetvue are More Cost Effective than Other Systems
In mid 2013, HRIL expanded via a joint venture with MetWest Terra Hospitality to operate six additional hotels. “MetWest had its own financial systems, as did HRIL prior to the joint venture,” said Alan Baer, senior vice president finance for HRIL and CFO of MetWest Terra Hospitality. “Our team visited Aptech offices to assess capabilities and the company’s culture.
“We selected Aptech because it has extensive experience with growing multiproperty, multi-PMS operations like ours,” Baer said. “Aptech’s Targetvue, Execuvue and Profitvue solution suite is also more cost effective than upgrading our existing systems.”
Execuvue Jump Start Reports will Track HRIL’s Financial Processes
Baer said HRIL will take advantage of Execuvue’s pre-configured jump-start report packages for faster goal achievement. “We do lots of reports for ownership. Aptech’s integrated platform for Targetvue budgeting and forecasting, Execuvue business intelligence and Profitvue back office will automate our financial processes,” Baer said. Aptech will also provide a mobile-ready dashboard so HRIL can remotely oversee performance for all properties.
Execuvue is an IBM Cognos-based ASP enterprise hospitality business intelligence application that enables faster goal achievement for large and small hotel companies.
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.
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 40 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.