Aptech Update for Fall 2024

For 50+ years, Aptech’s customizable financial-management software has enabled hoteliers to access, view, compare, and analyze performance data from a single hotel or a multiproperty/multibrand enterprise. Its enterprise accounting, business intelligence, 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.

Enterprise Accounting + NEW Digital Dashboard

PVNG offers accounts payable, accounts receivable, general ledger, statistics, financials, and bank reconciliation with browser navigation. It features automated invoice processing, a myriad of payment options, drill-down capabilities in financial statements and reports, the ability to handle single or multiproperty accounting, and can be deployed as a hosted service.

PVNG’s digital dashboard provides a quick view of a hotel’s financials. All data is updated in the system in real time, enabling operators to make more informed decisions, improve efficiency, and achieve strategic goals. It offers easy access to bank account balances; open invoice balances for top five vendors; overall accounts payable aging; and comparative analysis on user selected KPI’s.

Easy System Integrations

Aptech ensures that elements of a hotel’s tech stack complement each other. It streamlines critical property processes and enhances financial accuracy, transparency, and overall productivity. Aptech’s integration capabilities automate invoice generation, payment processing, payroll, inventory management, financial reporting and more, giving staff time to focus on strategic initiatives.

“We selected [PVNG] because of the user-friendly interface, value, and great vibe we get from the team. The system interface works extremely well with other systems. We especially like the accounting query tool that exports any data and drills down to invoice images. It is a very efficient tool,” said Dustin Fridgen, controller at Brandt Hospitality Group.

BEST in Business Intelligence + AI

Execuvue features a dashboard platform that delivers stunning images of financial and operational data that hoteliers can act upon. The drag-and-drop environment creates 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.

Flexible Budgeting & Forecasting

Targetvue provides accounting teams with “one version of the truth.” It consolidates reports, identifies trends, and eliminates the maintenance and distribution of Excel spreadsheets throughout the organization. Automated forecast snapshots offers users ad-hoc capabilities to previous and future performance projections.  

“[PVNG] is easy to use, simple to train on, and quick to compile financial statements and trend reports. [Execuvue] is intuitive – actual, budgeted, prior year, two years ago – and dropdowns are easy to access and understand. With [Targetvue], we can estimate room revenues by market segment on a granular level to improve forecasting accuracy,” said Harris White, CFO at Virgin Hotels.

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