Aptech Computer Systems, Inc.
2018 Fall
Pittsburgh, PA
http://www.aptech-inc.com
Pinnacle Hotel Management Integrates Accounting, Budgeting/Forecasting and Business Intelligence on Aptech Solutions
“Pinnacle’s owners and managers want to see property performance from different angles,” said Monica Nichols, director of finance for Pinnacle Hotels. “We use Aptech’s Execuvue®Business Intelligence for performance analysis. We leverage Execuvue’s ad hoc report building tool to drag and drop raw data elements to create custom reports our regional managers’ request.” Pinnacle operates 24 properties made up chiefly of Marriott and Hilton brands.
“Execuvue lets me analyze data to quickly spotlight specific information, like T/A fees as a percentage of revenue. I also create reports for specific time frames and prior years to provide as much or as little detail as needed on the fly,” Nichols said. “This kind of precise breakdown makes analyzing our operation’s performance much easier. Execuvue’s reporting often gives us ‘ah ha’ moments that help us be more profitable and creates a culture of numbers-based management. As a company, we now make much better decisions when it comes to budgeting and forecasting.”
Pinnacle’s property managers enter their budget numbers in Aptech’s Targetvue budgeting and forecasting system. Nichols said, “Targetvue eliminates the need to correct and consolidate multiple spreadsheets for review and reporting. I spread annual expenses and other metrics over 12 months. I set up reports so at budget time I can see changes against prior years. This data goes to Execuvue for next year’s forecast, which cuts hours of time off processing budget reports. Execuvue and Targetvue are essential tools for our budget season’s processes.”
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 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 multi-brand, multi-property portfolio. PVNG uses the most current technology platform incorporating AP, GL, 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 48 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, 24 hours a day seven days a week.
For more information about Aptech and its products, please contact Cam Troutman at (800) 245-0720 or email vueinfo@aptech-inc.com