Aptech, a provider of enterprise accounting, business intelligence, financial planning and management solutions for the hospitality industry, has launched its new accounting solution, PVNG Fixed Asset Management (FAM), which offers an interactive platform for managing, updating and reporting on assets across one or multiple locations.
PVNG Fixed Asset Management helps hotel organizations monitor the full life cycle of their assets, from acquisition through end-of-life. The system’s capabilities allow users to view and update their asset inventory at any time, ensuring that critical information is kept up-to-date. With the ability to log costs against the anticipated and actual life span of assets, hotel management can quickly assess current and potential future savings, optimizing operational efficiencies across all departments, according to the company.
Key features of PVNG FAM include:
- Detailed reporting: PVNG FAM allows users to generate detailed reports on assets.
- QR code scanning: With integrated QR code scanning, users of PVNG FAM can instantly locate assets with their mobile devices and be directed to the relevant asset record, allowing for seamless updates on the go.
- Mobile app accessibility: Through the PVNG FAM mobile app, users can update and review asset information both online and offline, and synchronize data when reconnected to ensure a fully integrated experience.
- User access control: Secure access can be assigned to various users, including staff, engineers and external contractors. Each user has access tailored to their role, ensuring relevant and secure management of assets across single or multiple locations.
- Category management: With PVNG FAM assets can be categorized and grouped for efficient reporting at a management level. Asset values and depreciation can also be tracked while identifying when assets nearing the end of their recommended life cycle.
Compatible with all web browsers, PVNG Fixed Asset Management empowers hotel groups to manage assets across multiple properties, providing an all-encompassing view of operations from a single system. With customizable reports, users can compare asset performance across locations and allocate resources effectively, ensuring that budget constraints and maintenance needs are met with ease.
“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 includes PVNG, Execuvue and Targetvue, which comprise an integrated 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 used by more than 3,500 hotel properties across North America.
