Aptech, a leader in hospitality financial and accounting software for over 50 years, is set to unveil a groundbreaking new dashboard for its PVNG enterprise accounting solution at HITEC Charlotte. This innovative tool, developed in direct response to customer requests, empowers hotel operators with a real-time, at-a-glance view of their financial health. From June 24th to 27th, attendees at the Charlotte Convention Center can visit Aptech’s booth (#2644) to experience the PVNG dashboard firsthand and learn how it can revolutionize their financial management processes.
Streamlined Access to Critical Financial Data
Prior to the PVNG dashboard, hotel operators often relied on a patchwork of reports and inquiries to gain a holistic understanding of their financial performance. This time-consuming process hindered timely decision-making and limited access to valuable insights. However, the new dashboard streamlines access to critical financial data, presenting key metrics in a single, user-friendly interface.
Here’s a breakdown of what the PVNG dashboard offers:
- Real-time Bank Account Balances: Gain instant visibility into the current balance of each of your bank accounts, allowing for better cash flow management.
- Top Vendor Invoice Balances: Quickly identify your top five outstanding invoices and their corresponding amounts, ensuring timely payments and vendor relationships.
- Overall Accounts Payable Aging: Analyze the age of your outstanding accounts payable, categorized by current, 30+ days, 60+ days, and 90+ days, to prioritize payments and mitigate late fees.
- Comparative KPI Analysis: Track key performance indicators (KPIs) of your choosing over time, with comparisons to yesterday’s performance, month-to-date figures, and the same period last year. This comparative analysis provides valuable insights into financial trends and helps measure progress towards financial goals.
Enhanced Decision-Making and Operational Efficiency
The PVNG dashboard empowers hotel operators to make informed financial decisions with greater speed and accuracy. By consolidating critical data into a single, accessible interface, the dashboard eliminates the need to sift through multiple reports and frees up valuable time for strategic planning.
Here are some key benefits of the PVNG dashboard:
- Improved Response to Market Shifts: Real-time access to financial data allows for quicker reactions to changing market conditions, enabling operators to adjust strategies and optimize performance.
- Enhanced Operational Efficiency: Eliminating the need for time-consuming report generation streamlines workflows and allows finance teams to focus on higher-value activities.
- Data-Driven Decision-Making: The consolidation of financial data from various sources into a single dashboard facilitates a data-driven approach to decision-making, leading to more informed financial management strategies.
Accessibility and Flexibility for Modern Hoteliers
Understanding the diverse needs of today’s hospitality industry, Aptech designed the PVNG dashboard for accessibility and flexibility. The dashboard can be accessed via any web browser, enabling operators to check their financial data from any device, whether a mobile phone, tablet, laptop, or desktop computer. This ensures critical financial information is always readily available, regardless of location.
Furthermore, Aptech embraces a collaborative approach to product development. This initial release of the PVNG dashboard represents the first step, with ongoing development planned based on customer feedback. Aptech encourages HITEC attendees to visit their booth and provide insights on additional features and functionalities they’d like to see in future iterations of the dashboard.
Aptech’s Suite of Hospitality-Focused Solutions
Beyond the exciting new PVNG dashboard, Aptech will showcase its comprehensive suite of hospitality-specific software solutions at HITEC Charlotte. This includes:
- Execuvue: Aptech’s IBM Cognos-based Business Intelligence (BI) application. Execuvue transforms financial and operational data into actionable visualizations, empowering hoteliers to make data-driven decisions. The intuitive drag-and-drop interface allows for easy access to reporting and analytics while offering comprehensive data configuration across regions, brands, and individual properties.
- Targetvue: Aptech’s budgeting and forecasting solution is designed to deliver a unified view of financial performance. Targetvue streamlines budgeting processes by eliminating the need for multiple spreadsheets and fostering collaboration within accounting teams. Automated forecasting snapshots provide hoteliers with up-to-date performance projections, enabling proactive financial planning.
