Four Hotel Companies Select Aptech Business Intelligence, Accounting and Budgeting Solutions
Hotels across Country Implement Aptech Systems to Grow Portfolios, Assess Acquisition Profitability, and Simplify Back Office Operations
M&R Hotel Group taps Execuvue to support growth
"We started M&R Hotel Group several years ago managing our business with only QuickBooks. We upgraded our multi-property hotel financials to Aptech's Profitvue enterprise accounting as we grew," said Amit Gandhi, president of M&R Hotel Group. M&R operates six flagged properties in and around New York City with five additional hotels in development. "We will implement Execuvue® Business Intelligence to add in-depth performance analysis of our current hotels and to assess the cost and revenue ratios of potential investment opportunities. We value Aptech's systems and professional team."
Execuvue is a web-based hospitality Business Intelligence application that gathers and coordinates data from a wide variety of hotel systems, including STR data, for enterprise performance reporting and analysis. The latest Execuvue version delivers actionable insights to hotel operators on a mobile-ready platform with an unlimited combination of user-defined report layouts. "Execuvue also leverages recent advances in text analytic technology. The system can convert written online ratings, comment card detail, and other guest-satisfaction measures into quantifiable metrics. When operators can match guest sentiment data with daily performance and their competitive set, the result is actionable information they can use to make quick corrections and optimize revenues.
Operators leverage Aptech's solutions to increase profitability
"The four new Aptech clients are a great example of how hotel companies are leveraging financial solutions to better manage their companies and increase profitability," said Cam Troutman, vice president of Aptech Computer Systems. "Our solutions are helping these hotels make smarter decisions based on data and industry intelligence."
San Ysidro Ranch, named the number one resort in the continental U.S. and Canada for 2010 by Travel + Leisure magazine, selected Aptech's Targetvue® to improve budgeting and forecasting. Targetvue is a hospitality-driven budgeting and forecasting solution that eliminates the need for correcting and recombining multiple spreadsheets. Targetvue's consolidated forecasts and reports may be fully integrated with both Execuvue and Profitvue.
Additional hotel companies in California and Ohio will implement Aptech's Profitvue multi-property accounting system to streamline their back office processes. Profitvue® is the most widely used accounting solution designed for the hospitality industry.
Aptech Computer Systems, Inc., based in Pittsburgh, Pennsylvania, is the only provider of a fully integrated enterprise accounting, business intelligence and planning ecosystem to the hospitality industry. All of its clients are companies like yours, which own or manage hotels. Its solutions help customers at both the corporate and property levels understand their financial and operational data for faster goal achievement.
The company is renowned for introducing business intelligence into the hotel industry, and offers a solid resource of hospitality professionals. Aptech is an IBM Software Value Plus partner and Premier Solution Provider and a Prophix Premier Business Partner.
Incorporated in 1970, Aptech’s state-of-the-art back office, true business intelligence and enterprise planning solutions are 100% hotel specific. Solutions include PVNG, Execuvue® and Targetvue. Clients comprise over 3,500 properties - including large chains, multiple-property management companies and single-site hotels. Execuvue and Profitvue are registered to Aptech Computer Systems, Inc. All other trademarks are owned by their respective holders. For more information please visit www.aptech-inc.com.