Aptech's Targetvue Budget Solution Earns Corporate Performance Management Award from Prophix
February 16, 2015 4:00am
Prophix Taps Aptech for Extensive Knowledge and Hospitality Experience: Introduced Enterprise Budgeting and Planning to Hotel Companies
Pittsburgh, PA - February 16, 2015 - Prophix, a pioneer in global Corporate Performance Management (CPM) software, honored Aptech Computer Systems with its Independent Software Vendor (ISV) Award for 2014. Aptech received the award for its Targetvue Enterprise Budgeting and Planning solution for hospitality companies. Aptech is the leading provider of hospitality software for business intelligence, budgeting, and enterprise financial accounting. Click here for more on Aptech’s products and services.
Aptech began working with Prophix in 2012 to develop a new budgeting and forecasting application that integrates with its Profitvue® accounting and Execuvue® business intelligence systems. Targetvue, based on the Prophix platform, simplifies enterprise-wide planning, consolidation, and reporting by eliminating the need for large companies to rely on managing or manipulating multiple spreadsheets.
"Aptech earned the Prophix ISV award by leveraging our CPM platform with Targetvue to create a budgeting, forecasting, and planning solution that helps hotel operators be more successful," said Michael Tindal, Vice President, Marketing for Prophix Software Inc. "This is noteworthy because the tremendous fluctuations the hospitality sector experiences - due to conditions such as variations in weather, currency rates, local regulations, evolving workforce demands, etc. - makes it one of the most difficult sectors in the world to plan for or predict."
Prophix develops CPM software that automates important financial and operational processes, making companies more profitable and reducing their risks. The company empowers more than 2,500 customers in 92 countries to gain valuable insight into their companies' performance.
Tindal said, "Aptech's extensive sector experience, leadership, and suite of total-hospitality solutions, makes it a high-performing partner and ideal recipient for our award. Because Prophix is the leader in CPM, and Aptech is the leader in Business Intelligence and accounting for the hospitality sector our relationship benefits each company's clients."
Aptech Vice President Jill Wilder, said, "All of us at Aptech want to thank Prophix for this award. We met with Prophix several years ago when we evaluated its CPM solution and thought it would be a good fit for enterprise hospitality budgeting and planning. Our companies have worked well together since then, and many hotel companies today use Targetvue for forecasting and planning to help them operate more profitably."
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budgeting and forecasting,
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.
Incorporated in 1970, Aptech's state-of-the-art back office, true business intelligence and enterprise planning solutions are 100% hotel specific. Solutions include Profitvue®, Execuvue®, Webvue® and Targetvue. Clients comprise over 3,200 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.
Contact: Cam Troutman, Vice President
800-245-0720 or 412-963-7440
Contact: Andrew Brown, Senior Manager, Marketing Communications
1.800.387.5915 ext. 310
Contact: for media: Julie Keyser-Squires, APR,
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