SHERIDAN, WYOMING – Feb. 27, 2025 – Aptech, a leading provider of enterprise accounting, business intelligence, financial planning, and management solutions for the hospitality industry, today announced the launch of its new accounting solution, PVNG Fixed Asset Management (FAM). This innovative platform is designed to streamline the management, updating, and reporting of assets across single or multiple hotel locations.
Enhancing Asset Lifecycle Management
PVNG Fixed Asset Management offers a comprehensive approach to monitoring the entire lifecycle of hotel assets, from acquisition to end-of-life. The system provides users with real-time visibility and the ability to update asset inventory, ensuring critical information remains current. By accurately logging costs against both anticipated and actual asset lifespans, hotel management can efficiently assess current and potential future savings, thereby optimizing operational efficiencies across all departments.
Key Features Driving Efficiency and Control
PVNG FAM is equipped with several key features that enhance asset management:
- Detailed Reporting: The system enables users to generate comprehensive reports on assets, providing valuable insights for informed decision-making.
- QR Code Scanning: Integrated QR code scanning allows users to quickly locate assets using mobile devices, facilitating seamless updates while on the go.
- Mobile App Accessibility: The PVNG FAM mobile app allows users to update and review asset information both online and offline, with data synchronization upon reconnection for a fully integrated experience.
- User Access Control: Secure access can be assigned to various users, including staff, engineers, and external contractors, with tailored access based on their roles, ensuring secure asset management across single or multiple locations.
- Category Management: Assets can be categorized and grouped for efficient reporting at the management level. Asset values and depreciation can be tracked, and assets nearing the end of their recommended lifecycle can be identified.
Seamless Integration and Accessibility
Compatible with all web browsers, PVNG Fixed Asset Management empowers hotel groups to manage assets across multiple properties, providing a unified view of operations from a single system. Customizable reports allow users to compare asset performance across locations and allocate resources effectively, ensuring budget constraints and maintenance needs are met with ease.
Addressing Industry Needs
“We continuously listen to our clients to develop new products and features to meet their evolving accounting and financial management needs,” said Jill Wilder, Aptech president. “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 that provides a host of benefits.”
Aptech’s Integrated Suite of Solutions
Aptech’s integrated suite of solutions, including PVNG, Execuvue, and Targetvue, forms a comprehensive technology ecosystem designed to help hoteliers at both the corporate and property levels understand their financial and operational data and provide actionable insights. These solutions focus on enterprise accounting, business intelligence, financial planning, and management, and are utilized by over 3,500 hotel properties across North America.
About Aptech
Aptech provides enterprise accounting, business intelligence, financial planning, and management solutions tailored for the hospitality industry. Their solutions empower hoteliers to optimize operations, enhance financial performance, and make informed decisions.
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