Hotel Companies Standardize Multiflag Financials on PVNG Enterprise Accounting

Aptech Computer Systems is an IBM Premier Business Partner that offers Execuvue^® web-enabled Business Intelligence, Targetvue Budgeting and Forecasting and PVNG Enterprise Back Office systems.
 

Milestone Hospitality Management and Bellstar Hotels & Resorts recently implemented the PVNG enterprise accounting system. PVNG is Aptech’s next-generation enterprise hotel accounting solution deployed in the cloud.  
 

“Aptech understands hospitality accounting and designed PVNG’s financials to conform to the hotel industry uniform system of accounts," said Brendon Ratley, corporate controller for Milestone Hospitality Management. “Every other system we reviewed required a report generator to convert their system’s reports. Aptech hosts our system, and PVNG interfaces with our payroll and property management systems.” 
 

PVNG is a totally new financial system with an easy-to-navigate architecture. Drawing on its extensive experience and thousands of hospitality users, Aptech developed the perfect next-generation hospitality financial application.
 

“Bellstar Hotels & Resorts operates six properties. We will use PVNG for enterprise general ledger, accounts payables and financials,” said Leslie Ducommun, Bellstar’s corporate controller. “Our property GMs and department heads will use PVNG to review expenses and financial statements. PVNG allows us to enter our budgets and forecasts in the system and compare those numbers with the current period. PVNG also lets us download results from the Resort PMS.” Ducommun added that Stagewest Hospitality is a shareholder of Bellstar. “Stagewest installed PVNG over a year ago and it has worked well for them,” she said.
 

Aptech leveraged 45 years of hotel accounting experience to build its financial systems specifically for hotel companies. Its solutions 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.
 

PVNG is a totally new enterprise financial system with an easy-to-navigate architecture. PVNG’s robust functionality emerged from Aptech’s legacy application, Profitvue, used by thousands of users. It supports one property or a large multibrand, multiproperty portfolio. PVNG uses the most current technology platform incorporating accounts payable, general ledger, statistics, financials and a bank reconciliation, all with easy-to-use, familiar browser navigation. PVNG also makes it simple to become 11th Edition compliant by implementing its packaged chart of accounts and financial statements.  
 

Execuvue is Aptech’s 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 Execuvue business intelligence system. Targetvue eliminates the need to correct and recombine multiple spreadsheets for consolidating and reporting.
 

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.