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Vendor Updates

Aptech Computer Systems, Inc.

2022 Summer
Pittsburgh, PA

For 50+ years, Aptech’s web-based, customizable, financial management software enables hoteliers to access, view, compare and analyze performance data of a single hotel or a multiproperty/multibrand enterprise. Aptech’s business intelligence application, enterprise accounting solution and budgeting and forecasting modules work independently or in sync to respond to revenue and expense changes and identify trends to better position assets for growth and profitability.

Best in Business Intelligence
Execuvue is Aptech’s IBM Cognos-based ASP BI application. The dashboard delivers stunning images of financial and operational data that hoteliers can act upon. The drag- and-drop environment with predictive analytics creates stunning visualizations based on data entered.

Leveraging AI-powered analytics, Execuvue helps operators make smarter business decisions and respond to commands, such as “show me room revenues by state and by property.” The AI tool links relevant data elements (number of rooms rented, ADR, RevPAR, occupancy, rooms out of order, etc.) with a list of properties or brands to analyze the information in visually compelling ways. It also configures data regionally, giving operators a performance snapshot portfolio wide, as well as by region, brand and property. The scalability, flexibility and integration capabilities of Execuvue sets Aptech apart from other BI providers.

“Execuvue graphically displays our finance and operations data in minutes, and it helps us all make smarter business decisions based on actionable insights. By giving us information in real time about occupancy and ADR, we can better react to the market and adjust as needed. The efficiency is remarkable,” said Ron Glancy, senior vice president of operations with Raines Co.

Game-Changing Enterprise Accounting
PVNG is Aptech’s advanced enterprise accounting solution, featuring 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 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, explains why this accounting solution is in such high demand.

“Concord Hospitality recently transitioned 135 of our owned and/or operated hotels to PVNG. It’s easy to navigate and provides true apples-to-apples comparisons of data. Everyone can use the system at the same time, no matter who is posting to the general ledger or running consolidated reports in accounts payable. It’s a robust and efficient solution,” said Cathryn Andrews, VP of operations accounting with Concord Hospitality.

Flexible Budgeting & Forecasting
Targetvue is Aptech’s hospitality-driven budgeting and forecasting solution. Built on the 11th Edition USALI Standard Chart of Accounts and Reports, Targetvue consolidates reports, identifies trends, drives room revenue by predicting occupied rooms and average daily rate, shares plans throughout the organization, and meets future growth goals using a single, centrally-maintained set of database models. Targetvue eliminates the need to correct and recombine multiple spreadsheets for consolidating and reporting.

“Targetvue streamlines the budgeting and forecasting process with driver-based models specific to hospitality that help us map out the future more accurately. It’s easy to learn and easy to use,” said John Hopkins, managing partner of Ithaka Hospitality Partners. For more information on Aptech, please visit www.aptech-inc.com.

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