Aptech BI, Accounting, and Forecasting Systems Selected by 4 Hotel Companies

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Multi-Property Companies and Freestanding Hotel Operators Rely on Execuvue® Business Intelligence, Profitvue® Enterprise Accounting, and Targetvue Budgeting and Forecasting to Optimize Profitability, Strengthen Operations

February 25, 2013 – Aptech Computer Systems, Inc., the leading provider of hospitality software for business intelligence and enterprise financial accounting, announced 4 hotel companies representing 17 properties selected its financial solutions to manage by the numbers for greater profitability. Aptech's solutions are 100% hotel specific. All of its clients are companies that own or manage hotels. Click here for more on Aptech's products and services.

Hotel companies selecting Aptech solutions include Alps Group Inc., Magnolia Hospitality Group, Gemini Real Estate Advisors with 7 properties, and the Acqualina Resort & Spa in Sunny Isles, Florida. Aptech will remotely host its ASP Execuvue, Targetvue, and Profitvue systems for Gemini Real Estate Advisors at its secure corporate data center. Aptech will also provide hosting services for its Profitvue Back Office Accounting system for Magnolia Hospitality, Acqualina Resort and Spa, and Alps Group. Aptech hosting lowers hardware costs and frees operators from the responsibility of backing up data and overseeing system maintenance.

Aptech is the only provider of a fully integrated enterprise accounting, business intelligence, and planning hotel software suite to the hospitality industry. Its solutions enable quick, accurate decision-making and the ability to be proactive operationally and financially.

Hosted Aptech systems make good financial sense
"A growing number of single and multi-property operators are opting for Aptech's remotely-hosted ASP (application service provider) platforms for BI, budget and forecasting, and back office accounting. It makes good financial sense," said Cam Troutman, vice president of Aptech Computer Systems. All of Aptech's applications have the flexibility of being hosted by Aptech, hosted by the client, or at a third party hosting facility. When Aptech hosts its solutions, the property focuses on running their operation instead of the system. We maintain data security, system updates, and maintenance. Plus, the operator's management team can access data with password authority remotely anytime."

Execuvue is the most widely used Business Intelligence system in the hotel industry
Execuvue enables hotel companies to make informed decisions based on accurate, current data. It gathers and utilizes data from third-party source systems including PMS, time & attendance, general ledger, Smith Travel Research, and guest service scores into a single datamart for 'right-time' reporting and individual investigation. Execuvue creates and delivers actionable mobile-ready reports and dashboards that enable clients to make intelligent business decisions based on facts. Hotel companies and REITS using Execuvue include Extended Stay Hotels, Sandals Resorts, Highpointe Hotels, Texas Western Hospitality, Ashford Hospitality Trust, La Quinta, and many others.

Profitvue is a widely-used Internet-enabled enterprise back office solution that easily handles single or multi-company accounting. The system incorporates accounts payable, general ledger, statistics, financials, and reporting. Profitvue gives users open-database compliance (ODBC) within a scalable, client/server, open-systems architecture. Profitvue is also available as an ASP service or on a licensed basis.

Targetvue budgeting and forecasting eliminates multiple-spreadsheet consolidation

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 the Profitvue accounting and Execuvue business intelligence systems. Targetvue eliminates the need to correct and recombine multiple spreadsheets for more confident budget consolidation and reporting.

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