Hermani Implements Aptech's Profitvue

Effortless installation, ease of use enables more efficient accounting processes

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. April 07, 2009

PITTSBURGH, PA, April 7, 2009 - Aptech Computer Systems, Inc., the leading provider of business intelligence, performance management and back office systems for the hospitality industry, announced today that Hermani LLC installed Aptech's Profitvue(R) Back Office accounting software solution at two properties to standardize and streamline accounting operations, hotel management, and financial reporting. Hermani expects to implement Profitvue in its other properties in the near future. The hotels converted to Profitvue in January 2009.

The Hermani LLC properties using Profitvue are the Holiday Inn Select in Trevose, PA and the Fairfield Inn in Chambersburg, PA. "Our company operates several different flags and the Profitvue Back Office system handles all our accounting procedures regardless of brand," said Foday Mansaray, controller for Hermani LLC. "We selected Profitvue because it runs via the Internet, and it is very easily installed. The system simplifies our hotel accounting with its efficient processes and logical user screens. Anyone familiar with hotels or accounting can learn to use it quickly."

"Profitvue is an ideal platform for Hermani LLC to maintain profitability through stronger management control and financial reporting for its multiple properties and brands," said Aptech's Director of Sales Cam Troutman. Aptech also provides the Execuvue(R) enterprise Business Intelligence application for large and small hotel companies that coordinates data from various corporate systems, including Smith Travel Research, into accessible information with familiar browser simplicity. Extended Stay Hotels, Innkeepers Hospitality, La Quinta, Ashford Hospitality Trust, Peabody Hotel Group and many other successful companies use Aptech's Execuvue Business Intelligence.

Profitable business decisions from better information

Profitvue gives users the tools to make well-informed business decisions based on current, accurate operations data. Department managers and corporate executives benefit from Profitvue's integrated decision support, statistical and financial reporting capabilities and flexible, customizable open database compliant (ODBC) architecture. The system creates reports in browser-readable formats so operators and investors can easily open property financials and pull them into their Excel spreadsheets for analysis. Profitvue has over 1,000 users and is widely deployed by large management companies and at standalone independent properties.

Profitvue includes numerous accounting software modules for all areas of hotel financial management. Profitvue benefits include:

• Designed for hotel accounting and supported by hospitality professionals

• Flexible financial statements with standard hotel metrics (occupancy %, ADR, RevPAR, etc)

• Hosting or Server based solutions.

Imports eliminate rekeying

To increase hotel accounting staff efficiency, the Profitvue general ledger can import data from other systems including payroll (ADP, Paychex), PMS (OPERA, OnQ, FOSSE) and bank institutions (Positive Pay, Reconciliation). Through the Profitvue import process, ledger totals from the various systems are imported into the Profitvue general ledger error-free for inclusion in consolidated financial reporting without rekeying. In addition to general ledger imports, Profitvue can also import accounts payable information from purchasing systems such as Buy Efficient, Adaco and Stratton Warren.