How Millenium Hospitality Management Group Leverages Aptech's Enterprise Accounting Software to Monitor Portfolio Performance & KPIs

OPERATIONS

Third-Party Management Company operating 15 hotels and growing adds Aptech's PVNG to fortify its financial management arsenal.

Why it matters: During the pandemic when things were the toughest, Millenium set out to find a new enterprise accounting system that would analyze data and key performance indicators for better controls and management.

Millenium's team needed to remain focused on energizing sales and controlling expenses and PVNG assisted them in doing this.

Top 3 Core Objectives: Millenium needed to have the tools in place to analyze data across multiple properties and brands.

Streamlined Processes: PVNG’s GL imports journal entries from Excel spreadsheets to simplify data transfer into the system without manual rekeying.
Availability anywhere: PVNG allows interaction to Accounts Payable, Accounts Receivable, General Ledger, Statistics, Financials, and Bank Reconciliation with much-needed browser navigation with just an internet connection.
Robust solutions: PVNG provides enterprise accounting tools needed for today and business intelligence and budgeting and forecasting tools as we grow.

"Expense control is our biggest challenge today. As inflation rises, we must look at everything — from labor and supply costs to gross operating profits based on occupancy and revenues per available room. PVNG enables us to be mean and lean, enhancing our proactive approach keeping our teams focused on controlling those expenses and driving profits"

Chris Microtel Inn & Suites by Wyndham Buckhannon

President/CEO

Innovators Mentioned

Millennium Hospitality

Aptech

CMI&SBWB

Chris Microtel Inn & Suites by Wyndham Buckhannon

President/CEO

Millennium Hospitality

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👍 President/CEO Chris Microtel Inn & Suites by Wyndham Buckhannon said that valuable data is key in a successful operation.:

"Expense control is our biggest challenge today. As inflation rises, we must look at everything — from labor and supply costs to gross operating profits based on occupancy and revenues per available room. PVNG enables us to be mean and lean, enhancing our proactive approach keeping our teams focused on controlling those expenses and driving profits"

⚖️ The selection process: During their research process, Chris Microtel Inn & Suites by Wyndham Buckhannon evaluated Aptech's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that Aptech was the best fit solution:

President/CEO Chris Microtel Inn & Suites by Wyndham Buckhannon said, about their decision: "We cannot thank the Aptech support team enough for mentoring us through the onboarding process. In today’s new normal, knowing that we can place a call, and someone will pick up the phone and help us instantly, is a real game changer."

📈 The results: PVNG is a game-changer in the world of hotel accounting.

Operators can accomplish daily accounting requirements with a minimum number of steps.
Aptech's financial management suite provides the power needed today and the tools to assist with our growth.
Knowing that Aptech's support team is there for us and someone will be there to help us instantly when we place a call is valuable to our success.

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