Next week at HITEC Toronto, Aptech will reveal a series of upgrades to its three innovative financial-management solutions, PVNG, Execuvue, and Targetvue. Produced by Hospitality Financial and Technology Professionals (HFTP®), this premier hotel technology tradeshow is the ideal forum to shop for the latest in financial-management software designed to help operators cut costs and improve their bottom lines. Aptech’s 100% hospitality focused, customizable solutions enable hoteliers to access, view, compare, and analyze performance data of a single hotel or a multi-property/multi-brand enterprise.

Aptech will showcase its Enterprise Accounting, Business Intelligence and Budgeting/Forecasting solutions in Booth 1301 at the Metro Toronto Convention Center – South Building, June 27 to 29.

NEW Enterprise Accounting
PVNG version 1.7 was released to Aptech customers this week. 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 OCR invoice processing, myriad of payment options, drill-down capabilities in financial statements and reports, ability to handle single or multi-property accounting, and the fact that it can be deployed as a hosted service, explains why this accounting solution is in such high demand.

PVNG V 1.7 enhancements to be on display at HITEC include:

• Invoice Automation
• New drill down capabilities
• Plus, a myriad of client requested enhancements to improve efficiency and reporting

Also NEW at HITEC, Aptech will reveal an integration with one of the world’s leading data networks powering the digital financial ecosystem. By connecting Aptech’s PVNG enterprise accounting solution to the platform, hotels will achieve seamless and secure access to thousands of financial accounts for financial reconciliation. Now properties running on PVNG can leverage their security measures and minimize the risk associated with handling sensitive financial information.

NEW Business Intelligence
Execuvue was upgraded to IBM Cognos Analytics 11.2.4 with Watson AI and released to customers on June 1, 2023.Execuvue is an IBM Cognos-based ASP BI application that features a dashboard platform that delivers stunning images of financial and operational data that hotel accounting teams can act upon. Leveraging AI-powered analytics, Execuvue is helping 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, ADR, RevPAR, 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 hoteliers a performance snapshot portfolio wide, as well as by region, brand, and property.

Execuvue + IBM Cognos Analytics 11.2.4 with Watson AI enhancements on display at HITEC include:

• New and enhanced visualizations
• Cascading Filters
• New Analytics panel to view forecasting and Narrative Insights features

NEW Budgeting & Forecasting
Targetvue provides hotel 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.  
Targetvue enhancements to be on display at HITEC include:

• New release of Targetvue cloud with predictive analysis
• Additional data source integrations
• Enhanced audit log – who did what when

“Aptech is known industrywide for our willingness to listen to our customers and quickly develop new features to meet their specific needs,” said Aptech Vice President Cam Troutman. “The recent enhancements to PVNG, Execuvue and Targetvue that will be seen for the first time at HITEC are proof of our ability to develop on demand. In addition, our new data network integration will give Aptech users the financial reconciliation they have been asking for. We are eager to see everyone in Toronto.”

For more information on Aptech solutions, visit them at HITEC Toronto. To pre-schedule a booth appointment, reach out to Kim Sieminski by clicking here.