Aptech's PVNG Web-Based Enterprise Accounting Goes Live at 2 Hotel Companies
November 16, 2017 10:24am
Multi-Property, Multi-Brand Operators Standardize Accounting on Easy-to-Use PVNG
PITTSBURGH – November 16, 2017 – Aptech Computer Systems announced Milestone Hospitality Management and Bellstar Hotels & Resorts implemented the PVNG enterprise accounting system. PVNG is Aptech’s next generation enterprise accounting hotel software solution that is deployed in the cloud. Aptech is the leading provider of hospitality enterprise accounting, budgeting and forecasting, and business intelligence hotel software systems. Click here for more on Aptech’s products and services.
“Milestone selected PVNG because Aptech is a hospitality-focused company,” said Brendon Ratley, corporate controller for Milestone Hospitality Management. “Aptech understands hospitality accounting and designed PVNG’s financials to conform to the hotel industry uniform system of accounts. Every other system we reviewed required a report generator to convert their system’s reports. Aptech hosts our system and PVNG interfaces with our payroll and property management systems.” Milestone will finalize its four-property implementation in 4Q 2017.
PVNG is a totally new financial system with an easy to navigate architecture. Drawing on Aptech’s vast experience and thousands of existing hospitality users, Aptech had the perfect blueprint for the next generation application.
“Bellstar Hotels & Resorts operates six resorts and a home office in Alberta, Canada. The home office will use PVNG for enterprise general ledger, accounts payables and financials. Our property GMs and department heads will use PVNG to review expenses and financial statements,” said Leslie Ducommun, Bellstar’s corporate controller. “We went live November 1st, 2017. PVNG allows us to enter our budgets and forecasts in the system and compare those numbers with the current period. PVNG also lets us download results from the Resort PMS.” Ducommun noted that Stagewest Hospitality is a shareholder of Bellstar. “Stagewest installed PVNG over a year ago and it has worked well for them.”
Cam Troutman, Aptech vice president, said, “We built PVNG from the ground up for the web based on Aptech’s 45+ years of hotel accounting knowledge. We used the most current technology platform incorporating AP, GL, Statistics, Financials, and a Bank Reconciliation, all with easy to use, familiar browser navigation.” The PVNG system easily handles single or multi-property accounting, and is deployed as a hosted service, streamlining common daily accounting procedures and offering highly flexible reporting.
Aptech Computer Systems is both an IBM and Prophix Business Partner offering Execuvue web-enabled Business Intelligence, Targetvue Budgeting and Forecasting, and PVNG Enterprise Accounting systems that are 100% hospitality specific. Aptech is the only company that provides a complete suite of financial management and analysis solutions for the hotel industry.
Tags: aptech computer systems,
budgeting and forecasting,
enterprise back office solution
Aptech Computer Systems, Inc., based in Pittsburgh, Pennsylvania, is the only provider of a fully integrated enterprise accounting, business intelligence and planning ecosystem to the hospitality industry. All of its clients are companies like yours, which own or manage hotels. Its solutions help customers at both the corporate and property levels understand their financial and operational data for faster goal achievement.
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, as well as a Prophix Premier Business Partner.
Incorporated in 1970, Aptech’s state-of-the-art back office, true business intelligence and enterprise planning solutions are 100% hotel specific. Solutions include PVNG, Execuvue®, and Targetvue. Clients comprise over 3,500 properties - including large chains, multiple-property management companies and single-site hotels. Execuvue is 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
Contact: Julie Keyser-Squires, APR, Softscribe Inc.
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