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Vendor Updates

Aptech Computer Systems, Inc.

2021 Fall
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.

“PVNG enables us to operate lean by giving us tools to analyze data across multiple properties at a moment’s notice and the ability to make quick decisions to maintain cash flow. Having the ability to look at trend reports and real-time data simplifies our budgeting process as we continue to grow at a rapid pace,” said Chris Chesebrough, president and CEO of Millennium 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 provide actionable insights. The drag-and-drop environment with predictive analytics creates visualizations based on data entered. 

“Aptech’s Execuvue Business Intelligence system collects our daily performance data and generates reports allowing Sandals to assess KPIs like occupancy, staffing, F&B costs, utilities and on-property revenues for our entire portfolio of properties. Aptech’s support team has been phenomenal and to date, the company is more like friend and family than a technology provider,” said Joanne Pearson, director of corporate reporting for Sandals Resorts International.

 

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.

“Urgo wanted better control of its budget processes. Targetvue gives us that control. Targetvue provides us 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. Targetvue gives Urgo one platform with one budget, not multiple spreadsheet variations,” said Jim Bowne, VP/corporate controller of Urgo Hotels & Resorts. 

For more information on Aptech, please visit www.aptech-inc.com.



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