Toronto, Ontario (PRWEB) June 17, 2011
PROPHIX Software, a leading provider of Corporate Performance Management (CPM) solutions, is pleased to announce its partnership with Aptech Computer Systems, Inc. This unique partnership provides Aptech with the rights to market and sell PROPHIX's award-winning CPM solution to the hospitality industry.
Aptech is the leading provider of business intelligence and enterprise financial accounting solutions for the hospitality industry. The addition of PROPHIX to Aptech's portfolio of solutions now provides the industry with a new fully integrated budgeting/forecasting solution.
Traditionally, hotel management companies fulfilled their budgeting and forecasting needs using
spreadsheets written by internal staff. The modification, distribution, and collection of this data is often time consuming, laborious and unreliable. With the Targetvue product, Aptech delivers a ‘user friendly' solution that looks and feels like a spreadsheet, but has the strength of an enterprise application. This solution provides Aptech's customers with the ability to manage their budgets and forecasts on an on-going basis with up to date actual information.
"The PROPHIX product gives Aptech's Targetvue the flexibility the hotel industry needs and reduces budgeting and forecasting cycles for our customers. With PROPHIX, we are finally able to provide a solution that is easy to use, but has the depth needed to manage this data." says Jill Wilder, vice president of Aptech Computer Systems.
Customers utilize PROPHIX to align strategic objectives with tactical plans, daily monitoring, as well as financial and variance reporting. This unified PROPHIX solution fully integrates budgeting, reporting, planning, scenario management, dashboards, and in-depth analysis capabilities, providing a forward looking view of company performance to stakeholders across the organization in a single extensible platform.
"PROPHIX is excited about the opportunities that our partnership offers Aptech's customers and
prospects," says Cheryl Power, director of channel partners. "Adding to the strength and functionality of the Targetvue product creates a very compelling story that can only benefit the hospitality industry long-term."
About PROPHIX Software
PROPHIX Software is a leading developer of CPM solutions designed to automate financial processes including planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use PROPHIX to empower their organizations and gain greater insight into business performance. PROPHIX and its partners deliver the best value by combining high-end functionality, low total cost of ownership, and the fastest implementations in their class. For more information, visit http://www.prophix.com.
About Aptech Computer Systems
Aptech Computer Systems, Inc., based in Pittsburgh, Pennsylvania, leads the hospitality industry in leveraging change by valuing human relationships and applying technology to solve business problems for people. Incorporated in 1970, Aptech is a financial and operations technology solutions and service company whose products include state-of-the-art back office, business intelligence and enterprise planning products: Profitvue, Execuvue, Targetvue, and Webvue. Over 2,500 properties, including very large chains, multiple-property management companies, and single-site hotels use Aptech solutions to understand their financial and operational data. Execuvue and Profitvue are registered trademarks of Aptech Computer Systems, Inc. All other trademarks are owned by their respective holders.