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Vendor Updates

Aptech Computer Systems, Inc.

2019 Spring
Pittsburgh, PA

Aptech is The Industry Standard for Hospitality Business Intelligence, Budgeting and Forecasting and Enterprise Accounting Systems

Urgo Hotels and Resorts Installs Targetvue to Standardize Budget for 40 Properties

“Targetvue gives Urgo one platform with one budget for our 40 properties, not multiple spreadsheet variations,” said Jim Bowne, VP/corporate controller, at Urgo Hotels and Resorts. “Targetvue provides Urgo with one version of the budget. Each property can make its budget updates and we have a workbook that reflects each property’s daily updates. We review and accept the changes at the corporate office, lock the budget, and send to ownership for approval.”

The Targetvue budgeting and forecasting system HOSPITALITY UPGRADE www.hospitalityupgrade.com Spring 2019 69 provides an automated forecasting platform that builds on daily updated performance data from property operations. It is a continuous pulse meter that compares actual against plan. This living budget gives operators the ability to plan day by day for the greatest profitability.

“Targetvue made Urgo’s own custom chart work,” said Bowne. “Aptech made modifications to suit Urgo’s operations. With Targetvue we can refine processes and make changes as the process/company evolves. Our budget process is driven at the property level. The general manager and the team oversees the initial development of the budget. Our corporate team reviews and provides guidance for the property’s data and goals.”

Targetvue went live at Urgo in fourth quarter 2018. “Many of our entities need data fast and Targetvue helps us stay ahead of the curve to get numbers we need to react timely to changes in operations,” Bowne said.

Aptech is an industry standard in hospitality financial systems. It leverages many years of hotel accounting experience to build 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 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 properties. It supports one property or a large multibrand, multiproperty 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 4,000 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 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. 

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