Coastal Hotel Group Taps Aptech for Business Intelligence and Targetvue Budgeting/Forecasting; Margaritaville Hollywood Beach Resort Selects Profitvue® Back Office
Pittsburgh, PA – September 15, 2015 – Aptech Computer Systems announced Coastal Hotels with 4 properties in the western US selected Execuvue® Enterprise Business Intelligence and Targetvue Budgeting and Forecasting. Margaritaville Beach Resort will also install Aptech’s Profitvue Enterprise Financial Accounting for its 349-room destination property in Hollywood, FL. 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.
“The hospitality industry is strong and growing. As hotel companies add properties, understanding their cash flow and profitability are more important,” said Cam Troutman, Aptech vice president. “Same-day performance reporting and analysis are essential. Hundreds of multi-property and standalone operators rely on Aptech’s financial tools to support expansion and decision making.”
Seattle-based Coastal Hotels selected Aptech to provide the Execuvue® Enterprise Business Intelligence System and Targetvue budgeting and forecasting solution. Execuvue automates the daily data collection from multiple entities and enables operators to create and monitor important KPIs. The system delivers a huge business advantage that helps companies reduce costs, improve labor efficiencies, and increase profitability.
Targetvue is Aptech’s hospitality-driven budgeting and forecasting solution. Aptech developed a budgeting and forecasting application fully-integrated with its Profitvue accounting and Execuvue business intelligence systems. Using its hospitality driver for accuracy and ease of changes, Targetvue provides one version of the truth throughout the organization. Targetvue eliminates the need to distribute and import multiple spreadsheets for consolidating and reporting.
The 349-room Margaritaville Hollywood Beach Resort will install Aptech’s Profitvue® Enterprise Back Office System. Profitvue is a widely used Internet-enabled enterprise back office solution that easily handles single or multi-property and multi-company accounting, and incorporates accounts payable, general ledger, statistics, and financials. Profitvue is available as an ASP service or on a licensed basis.