Aptech Update for Spring 2024

For more than 50 years, Aptech’s customizable, financial-management software has enabled hoteliers to access, view, compare, and analyze performance data for a single hotel or a multiproperty/multibrand enterprise. Aptech’s 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.

Award-Winning, Game-Changing Enterprise Accounting: Aptech’s advanced enterprise accounting solution, 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 automated 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.

For the second consecutive year, PVNG ranked No. 2 out of 37 companies in Hotel Tech Report's “Best Finance & Accounting Software” 2024 popularity index. Fully 94% of luxury hotels and 93% of branded hotels recommend this popular next generation cloud-based hospitality accounting software.

Plaid Integration: Aptech is the first hospitality technology supplier to connect PVNG to the Plaid Data Network. Hotels can now achieve seamless and secure access to thousands of finance accounts for financial reconciliation. PVNG will import and match transactions via Plaid for simplified, automated bank reconciliation. Hotels running on PVNG can leverage their security measures and minimize the risk associated with handling sensitive financial information.

Business Intelligence: Aptech’s IBM Cognos-based active server page (ASP) business intelligence (BI) application, 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 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, average daily rate (ADR), revenue per available room, 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.

Flexible Budgeting and Forecasting: Aptech’s hospitality-driven budgeting and forecasting solution, 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.  

Impeccable Customer Service and Support: When customers call Aptech, they'll be assisted on the spot by someone who can communicate clearly. There's no need to submit a ticket or put a request in queue for a later response (sometimes three to five days later). Aptech’s support team will listen immediately to the issue and apply customized troubleshooting vs. reading from a script of prompts to try.

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