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Profitvue will deliver back office
accounting for operators
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PITTSBURGH, PA - September 16, 2009 � Aptech Computer Systems, Inc., the leading provider of hospitality software for business intelligence and enterprise financial accounting, today announced its Profitvue Enterprise Back Office Accounting Solution will be installed by Los Angeles-based River Hospitality Management, the Concordia Hotel in Washington, D.C., and the Kirkley Hotel and Conference Center in Lynchburg, Virginia. The companies will utilize Profitvue Version 13 for daily back office financial procedures and to provide �flow through� analysis of operational data for an accurate measure of variances between revenue and gross operating profit (GOP). The newest Profitvue version provides enhanced productivity tools for multi-property inter-company updates and new editing features for general ledger and accounts payable modules. Profitvue is used for enterprise back office accounting by more than 100 hotel companies operating more than 1,000 properties. �We selected Profitvue because it is extremely reliable and enables
us to produce financials quickly and easily,� said Kevin Kujawski, CFO
of American Property Hospitality Management and its subsidiary River Hospitality
Management. �Profitvue is a functionally strong and efficient accounting
solution that works very well for companies that operate a diverse portfolio
of hotel brands.� American Property Hospitality Management and River
Hospitality Management will use Profitvue for its owned and managed Hilton,
Radisson, Sheraton, Le Meridien hotels as well as its independent properties.
Profitvue ASP and thin client Profitvue is available as a standalone application or as a thin-client Internet-enabled ASP hospitality back office solution. The Profitvue ASP hotel software solution lowers system expenses because Aptech hosts the application at its data center and assumes all system maintenance responsibility. Hotel operators require only a PC and Internet connection to manage all their property financials, corporate accounting and reporting needs. Profitvue was designed for the hotel industry to easily handle single or multi-property and multi-company accounting, and incorporates accounts payable, general ledger, statistics, and financials. Profitvue gives users the tools to make well-informed hotel management decisions based on current, accurate operations data. Department managers and corporate executives benefit from Profitvue�s integrated statistical and financial reporting. The system provides open database compliance (ODBC) within a scalable, client/server, open systems architecture and is available as an ASP service or on a licensed basis. Aptech also provides the Execuvue® Business Intelligence system. Execuvue is a Cognos-based Internet-enabled enterprise business intelligence application for large and small hotel companies that coordinates data from various corporate systems, including Smith Travel Research, into accessible information with familiar Windows simplicity. Starwood Hotels and Resorts, Concord Hospitality, Innkeepers Hospitality, Ashford Hospitality, Inc., Peabody Hotel Group, Hershey Entertainment and other successful companies use Execuvue Business Intelligence. 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® Webvue® and Targetvue. 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. By offering the hotel industry a solid resource of hospitality
professionals, and through its proven ability to evolve technology offerings
as the market dictates, Aptech is proud to have earned 100% customer loyalty.
Execuvue and Profitvue are registered trademarks of Aptech Computer Systems,
Inc. All other trademarks are owned by their respective holders.
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Contact:
Aptech Computer Systems
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