Aptech Launches Suite of New Financial Solutions at HITEC

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Enhancements Include Ease of Use; Streamlined and Automation Capabilities; Improved Ad-hoc and Analysis Including Text Interpretation

Aptech is committed to continually upgrading Profitvue so it always delivers the latest accounting features to simplify operations for our clients.

Aptech Computer Systems, Inc., the leading provider of hospitality software for business intelligence and enterprise financial accounting, today announced it will launch four new/enhanced products at HITEC.

Targetvue - A new streamlined, centralized hospitality-specific budgeting and forecasting module

Execuvue® - Enhanced features with reporting commentary; ad-hoc data imports, and mobile integration of text analytics that generates guest sentiment scoring

Profitvue® - Enhanced printing and Excel compatibility; ACH processing; Bank Reconciliations

PVNG - Profitvue Next Generation (PVNG) is a newly developed hospitality-specific financial accounting and reporting application.

These enriched solutions enable operators to manage properties and hotel groups with greater effectiveness, both remotely or from their offices, with powerful tools for financial analysis and reporting. Click here to learn more about Aptech’s products and services.

Targetvue: The hospitality-driven budgeting and forecasting solution is now strengthened by Aptech’s partnership with PROPHIX. Aptech joined forces with PROPHIX to develop a totally new budgeting and forecasting application fully integrated with its Profitvue accounting and Execuvue business intelligence systems. Targetvue uses the PROPHIX financial automation platform to simplify hospitality budgeting and forecasting. The system eliminates the need for correcting and recombining multiple spreadsheets for consolidating and reporting.

Execuvue Business Intelligence: Updated features enable streamlined processing with automated distribution of Business Intelligence (BI) reports. The latest version of the widely installed Execuvue BI system embraces the newly released Cognos 10 platform. The enhanced Execuvue system delivers actionable insights to hotel operators wherever they may be, in more than 40 performance report formats. With the addition of enriched charting and ad-hoc data imports, operators may also easily create their own ad-hoc queries and customize existing reports.

Aptech further expanded its BI offering by embracing the recent advances in text analytic technology. With the increased capability of text analytics, it is now possible to 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.

Profitvue 14.5 Strengthens Accounting Functions, Retains Reliability and Ease of Use
Aptech also announced the launch of Profitvue 14.5, the latest version of the most widely used accounting solution designed for the hospitality industry. A comprehensive suite of enhancements increases the strength and versatility of the software’s multi-company general ledger and accounts payable functions.

“Aptech is committed to continually upgrading Profitvue so it always delivers the latest accounting features to simplify operations for our clients,” said Cam Troutman, Aptech vice president. “Version 14.5 retains the familiar user interface so clients will still find it easy to use. Version 14.5 is equally at home operating on a single property platform, or on a cloud-based network for multiple hotels with consolidated financials and reporting as a part of its standard offering. For our many Profitvue clients who use Aptech’s secure network hosting facilities, we will continue to be responsible for data backups and will keep the system operating optimally for our 14.5 version.”

Profitvue NextGen: The Future of Hospitality Accounting
Aptech will also unveil its web-based “Profitvue Next Generation” accounting system at HITEC. Get a demonstration of the future of hospitality accounting at the company’s HITEC Booth #401 in Austin, TX, June 20-23, 2011. Scheduled for release in 2012, Profitvue Next Generation will utilize the .NET platform and SQL Server database and be integrated with Aptech’s Execuvue Business Intelligence and Targetvue Budgeting and Forecasting systems. This new application brings the industry-standard accounting features of Profitvue into the latest Microsoft technologies.

For more information, please visit http://www.aptech-inc.com, or call 800-245-0720.

Going to HITEC 2011 in Austin? Visit Booth #401 to meet with Aptech’s team and learn how Aptech can reduce risk, while minimizing cost exposure, for operators and executives who need to navigate the industry’s complex business trending cycles.

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®, and Webvue®. Over 2,500 properties, including very large chains, multiple-property management companies, and single-site hotels utilize 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.

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Cam Troutman, Vice President

Julie Keyser-Squires, APR
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