PITTSBURGH, February 16, 2021 — As hoteliers continue on to use this time of very low occupancy to improve their qualities, many have identified it the great option to also improve their back-of-residence systems to improve effectiveness. Aptech, the marketplace normal for hospitality monetary management, has seen a surge in adoption of its browser dependent PVNG organization accounting remedy. Since the onset of the pandemic, 166 motels possibly transitioned from Aptech’s legacy accounting answer Profitvue to PVNG or additional PVNG as new prospects previous calendar year. Aptech Vice President Cam Troutman said he expects at the very least as a lot of (if not a lot more) lodges will transition to PVNG in 2021 or adopt it for the very first time due to its operation, adaptability, affordability, and usefulness.
Chase Hospitality, an Irving, Texas-dependent resort management and progress enterprise functioning nine Marriott inns beneath the Home Inn, Springhill Suites, Fairfield Inn & Suites, and Courtyard by Marriott manufacturers, has relied on Aptech for company accounting given that 2008. Although all houses are open up and working at constrained capability now, in 2020, a lot of have been shut owing to the pandemic. With revenue slowed and back business reporting at a minimal, Finance Operations Manager Dutt Pranav said it was the perfect time to migrate to PVNG.
“We’ve required to changeover to PVNG for a extensive time, but pre-pandemic business enterprise was booming, and time wasn’t on our facet to find out how to transfer information or get skilled on a new program,” Pranav reported. “Profitvue served it is purpose, but we essential our information to reside in the cloud, especially past 12 months when it turned significant to entry our server remotely. With PVNG, there are no major inefficiencies or info disruptions different individuals can be doing work in the system simultaneously. PVNG is consumer friendly. It’s efficient, intuitive, and a practical accounting process for Chase Hospitality and our multi-home wants.”
Hospitality is a money-intense field. Chase Hospitality works with a number of distributors, and as this kind of it procedures a ton of invoices. Running many attributes compounds the problem. Pranav stated PVNG is helping his accounting teams continue to keep keep track of of payables and remain on time with payments. They can method invoices swiftly to stay away from penalties. And, with PVNG’s template add feature, Pranav stated he can import many invoices at just one time for a single vendor.
“Before generating the swap to PVNG, I looked at other accounting methods in the market place,” he claimed. “My choice to stay with Aptech arrived down to customer service, rate, and simplicity of use. Presented that we were being an existing customer of Aptech’s older accounting alternative, discovering PVNG was far less tough than adopting a new resolution. Additionally, we have a powerful marriage with Aptech, and we did not want to turn our again on them. They know our properties and our individuals, and they have been prepared to operate with us on payments throughout a really hard fiscal time. Total, we’re incredibly content with Aptech and PVNG.”
Pinnacle Hotel Administration is also a extended-time Aptech purchaser. The enterprise relied on Profitvue to serve its multi-branded portfolio consisting of Marriott, Hilton, Radisson, and Tribute Portfolio® brand names for the final 18 many years. Director of Finance Monica Nichols explained every of Pinnacle’s 13 multi-branded and independent homes are managing successfully on PVNG currently. While two Courtyard by Marriott resorts began utilizing PVNG in 2018, it was not until 2020 that the remaining homes created the change.
“Transitioning to PVNG was genuinely simple for our corporate accounting workforce, particularly during the pandemic,” Nichols explained. “Aptech guidance was a significant enable they gave us an overview of the procedure and answered any thoughts we experienced together the way. We were pleasantly shocked how seamless the migration was. We experienced no big challenges.”
Nichols claimed using accounting to the cloud was one particular of the very best choices the company has made. She explained navigating involving modules is uncomplicated, and the drill-down functionality of PVNG that gives her aspects on an account or transaction, has been a huge furthermore.
“Pinnacle Lodge Administration is a compact business, and everyone below can take excellent satisfaction in performing our careers ideal,” Nichols mentioned. “I deal with a large amount of studies, and I acquire wonderful pride in offering precise details to house owners, creditors, and typical managers in a rapid and well timed style. All people can obtain and share knowledge swiftly with PVNG. It really is easier than ever to connect transactional back-up we really don’t have to search via paperwork and comb as a result of files. Every thing we have to have has been crafted into PVNG, and we couldn’t be happier.”
Funds Motels Inc. of Manassas, Va., is 1 of Aptech’s oldest clients. The resort organization utilized Profitvue for nearly 24 years. BMI President and CFO John Tyler mentioned his company’s transition to PVNG could not have occur shortly adequate. The server essential to be replaced and switching accounting computer software vendors would have been an highly-priced expense. Although it produced sense to migrate to Aptech’s next technology application, Tyler said he was fearful of shedding critical knowledge throughout the move.
“I apprehensive for nothing,” Tyler stated. “Moving our accounting operation to the cloud with PVNG was clean and pain-free. With COVID, I am working at residence two days a 7 days, and I can right away accessibility anything I will need in PVNG. Although we utilized to work nine motels, nowadays we only have a person. With a small team, all instruction on PVNG was carried out remotely. 12 months-finish shut out utilized to be a monotonous and labor-intensive system. I would say: ‘Everyone get out of the technique. I am closing the doorway. Leave me alone for the rest of the working day.’ Now with PVNG, I can process the calendar year-conclude examine checklist with the touch of a button. Multi-house lodge companies would really value the flexiblility and performance of this alternative.
“PVNG is speedier than other accounting application on the marketplace, and it has improved controls than our recent process,” he reported. “What I definitely adore is that all Aptech units are constructed specifically for hotel accounting. They speak the very same language that we do. We hardly ever, if at any time, have a service concern, but if a concern pops up, the Aptech help staff is aware exactly what we are conversing about and they address the situation instantly. Aptech treats us like spouse and children, and PVNG is an outstanding instrument. It took lethal server difficulties and a pandemic to get us to switch, but we’re listed here now and loving it.”
Easy to Find out and Navigate Accounting
Accounts Payable is an built-in element of PVNG that controls vendor invoices from receipt to payment. The module gives people the skill to track open up merchandise and approve invoices for payment for improved management. To speedily present responses to billing inquiries, the system allows customers to drill down into vouchers and examine depth. PVNG’s Typical Ledger easily handles solitary-lodge, multi-house and multi-corporation accounting and incorporates budgeting, forecasting, and financials. The thorough process delivers account inquiries that include journal-entry and accounts payable drill down to confirm posting information. PVNG’s GL imports journal entries from Excel spreadsheets to simplify information transfer into the process devoid of manual rekeying. Journal entry solutions: Guide, Template, Add (Excel, PMS, and so on.). All PVNG features are supported by reliable monetary controls and audit trails are supplied for all transactions.
“2020 was a challenging year for anyone, but it gave many of our consumers the time they desired to update their accounting software program to PVNG,” Troutman explained. “By doing so, they have taken some force off their money processes in 2021 and set themselves up to work a lot more proficiently when business enterprise returns soon. Plus we’ve ongoing to include automation with new partnerships in bill processing, digital payments, PMS integration, payroll processing and additional. Simply because PVNG was created from the ground up exclusively for hoteliers, it streamlines typical each day techniques — like versatile reporting and statements with unique formulation for RevPAR, Occupancy, and ADR — and tends to make them person-intuitive, allowing operators to complete day by day accounting needs with a minimal variety of steps.”
For much more information on Aptech, stop by www.aptech-inc.com.
About Aptech Laptop Programs Inc.
Aptech Personal computer Devices, Inc., primarily based in Pittsburgh, Pennsylvania, is the only company of a completely integrated business accounting, small business intelligence and setting up ecosystem to the hospitality sector. All customers are corporations like yours, which individual or handle motels. Its remedies assistance clients at both the company and home stages realize their economic and operational facts for speedier intention achievement. The corporation is renowned for introducing business intelligence into the resort sector and delivers a good resource of hospitality specialists. Aptech is an IBM Application Worth As well as partner and Leading Alternative Company, as very well as a Prophix Premier Organization Associate. Included in 1970, Aptech’s condition-of-the-artwork back again office, correct organization intelligence and business preparing alternatives are 100% hotel unique. Answers incorporate PVNG, Execuvue® and Targetvue. Consumers comprise around 3,500 houses – like big chains, numerous-assets administration companies and single-site resorts. Execuvue is registered to Aptech Computer system Systems Inc. All other trademarks are owned by their respective holders. For much more information and facts, you should check out www.aptech-inc.com.
