Aptech, a leading provider of scalable accounting, business intelligence, financial planning and management solutions for the hospitality industry, has officially announced the launch of its innovative new accounting solution called PVNG Fixed Asset Management (FAM).
According to certain reports, the stated solution arrives on the bearing an ability to help hotel organizations, properties, and groups through an interactive avenue for managing, updating, and reporting on assets across one or multiple locations.
More on that would reveal how PVNG Fixed Asset Management happens to be a dynamic system which enables hotel organizations to monitor the full life cycle of their assets, right from acquisition through end-of-life. We say so because the system’s capabilities make it possible for users to view and update their asset inventory at any time.
Such a mechanism treads up a long distance to ensure that critical information is kept up to date.
Another detail worth a mention here is rooted in the platform’s ability to log costs against the anticipated and actual life span of assets. This allows you to quickly assess current and potential future savings, as well as optimize operational efficiencies across all departments.
Talk about the whole value proposition on a slightly deeper level, we begin from the new solution’s promise to provide detailed reporting, thus helping users gain a comprehensive understanding of their assets.
Next up, there is a QR code scanning facility, which guides you in the context of instantly locating assets with your mobile devices. The stated facility also instantly directs users to the relevant asset record, and therefore, empowers them to access seamless updates on the go.
Moving on, the PVNG Fixed Asset Management platform delivers at your disposal mobile app accessibility. Leveraging the PVNG FAM mobile app, users can seamlessly update and review asset information both online and offline, while simultaneously synchronizing data when reconnected to ensure a fully integrated experience.
Complementing that would be the availability of user access control. This translates to the way secure access can be assigned to various users, including staff, engineers and external contractors. Markedly enough, each user here has access tailored to their role, facilitating relevant and secure management of assets across single or multiple locations.
Our last piece of highlight stems from the platform’s category management capacity. The said capacity paves the way for assets to be categorized and grouped for efficient reporting at a management level. You can track asset values and depreciation, and in case that wasn’t enough, you can also bank upon the solution to identify when assets are nearing the end of their recommended life cycle.
Among other things, we ought to mention how PVNG Fixed Asset Management is designed to be compatible with all web browsers. This means hotel groups can seamlessly manage assets across multiple properties to provide an all-encompassing view of operations from a single system.
Users can further access customizable reports to compare asset performance across locations and allocate resources effectively.
At launch, the technology in question will join Aptech’s integrated suite of solutions which includes PVNG, Execuvue® and Targetvue. The stated suite makes for an integrated technology ecosystem can help hoteliers at both the corporate and property levels understand their financial and operational data and provide actionable insights.
Founded in 1986, Aptech’s rise up the ranks stems from providing scalable accounting, business intelligence, financial planning and management solutions for the hospitality industry. The company’s excellence in what it does can also be understood once you consider that Aptech’s state-of-the-art solutions are used by more than 3,500 properties across North America.
“We continuously listen to our clients to develop new products and features to meet their evolving accounting and financial management needs,” said Jill Wilder, President of Aptech. “In having these conversations, we identified a need for a robust solution that would allow hotel finance teams to easily track, manage, update and report on their fixed assets across single or multiple properties. PVNG FAM is an ideal enhancement to our PVNG offering for new and existing customers.”
