Aptech Computer Systems, Inc.
2021 Spring
Pittsburgh, PA
http://www.aptech-inc.com
For 50 years, Aptech has been developing web-based, customizable, financial-management software that today’s hoteliers need to access, view, compare and dynamically analyze the performance data of their single hotel or multiproperty, multibranded portfolios. Employing hotel industry standards and best in class technology at more than 4,000 hotels, Aptech’s business intelligence application, enterprise accounting solution, and budgeting and forecasting modules work independently or in sync to quickly respond to changes in revenue and expenses and identify trends that will better position the asset for growth and profitability.
Enterprise Accounting
PVNG is Aptech’s advanced enterprise accounting solution, and it's a game changer in the world of hotel accounting. PVNG features the accounts payable, accounts receivable, general ledger, statistics, financials, and bank reconciliation that today’s hotel operators are seeking with much-needed browser navigation. Its optical character recognition (OCR) invoice processing, myriad of payment options, drill-down capabilities in financial statements and reports, ability to handle single or multiproperty accounting, and the fact that it can be deployed as a hosted service, put this accounting solution in such high demand.
“Before making the switch to PVNG, I looked at other accounting solutions in the market. My decision to stay with Aptech came down to customer service, price, and ease of use. Given that we were an existing client of Aptech’s older accounting solution, learning PVNG was far less difficult than adopting a new solution. They know our properties and our people, and they were willing to work with us on payments during a very difficult financial time. Overall, we’re very happy with Aptech and PVNG,” said Dutt Pranav, finance operations manager of Chase Hospitality.
Business Intelligence
Execuvue® is Aptech’s IBM Cognos-based ASP business intelligence application. In 2020, Execuvue was redesigned to make the customized reporting and data gathering tool even more intuitive. It helps operators make smarter business decisions and answer questions on the fly using artificial intelligence (AI)-powered analytics. It features a new and improved dashboard tool delivering stunning images of financial and operational data to deliver actionable insights. The drag-and-drop environment with predictive analytics creates visualizations based on data entered.
“Aptech tools are driving data in a timely manner, enabling us to make quick changes to market fluctuations and keep our investors up to date. I especially like how Execuvue provides a baseline for data to be compared equally across the portfolio; for the first time we can actually compare apples to oranges easily. No other business intelligence system had this capability,” said Kaitlin Defilippo, Arbor Lodging Management corporate operations manager.
Budgeting & Forecasting
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 Execuvue. Targetvue eliminates the need to correct and recombine multiple spreadsheets for consolidating and reporting.
“With Targetvue, we can forecast through various scenarios and navigate the impact market adjustments make for us. This enables us to react within our operations. Execuvue gives us the ample resources we need to continue to grow,” said Kaitlin Defilippo, Arbor Lodging Management corporate operations manager. For more information on Aptech, please visit www.aptech-inc.com.