How Hotel Nikko SF Simplified the Budgeting Process with Updated Accounting and Forecasting Solutions

OPERATIONS

How financial management system delivers results and assists in planning for future investments.

Why it matters: Providing the operations team in the hotel with insight, flexibility and control is key to their performance.

PVNG and Targetvue provide drill down into every account as well as seamlessly share the information between the budgeting, forecasting, and accounting data.

Top 3 Core Objectives: "One Version of the Truth"

Access to the Data: Using easy to user browser navigation allows users to access their information no matter where they are and at any time.
Streamlined Processes: PVNG streamlines common daily procedures and Targetvue eliminates the need for multiple spreadsheets.

"When we began searching for technology to replace our previous solution, we wanted tools that could drill down into every account and help provide context behind our performance."

Vincent Rafanan

CFO

Innovators Mentioned

Hotel Nikko San Francisco

Aptech

Vincent Rafanan

CFO

Hotel Nikko San Francisco

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👍 CFO Vincent Rafanan said that Products need to provide what users need.:

"When we began searching for technology to replace our previous solution, we wanted tools that could drill down into every account and help provide context behind our performance."

⚖️ The selection process: During their research process, Vincent Rafanan evaluated Aptech's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that Aptech was the best fit solution:

CFO Vincent Rafanan said, about their decision: "Today our team is easily comparing and contrasting any scenario from month to month. These tools have been invaluable for digging into last year's reporting and preparing forecasts for the year to come."

📈 The results: PVNG and Targetvue provide the ability to give operators the insight, flexiblity and control they desire.

Seamless integration of the data between accounting, budgeting, and forecasting.
These products elevate hotelier's ability to monitor their success.
Elimination of multiple spreadsheets for consolidation and reporting.

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