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News Briefs

  • 6/19/2024

    HITEC 2024 NEWS: Aptech to Unveil NEW Enterprise Accounting Dashboard

    aptech logo

    Aptech, a hospitality company providing finance and accounting software for more than 50 years to hotels, will reveal a NEW dashboard for its PVNG enterprise accounting solution at HITEC Charlotte, to be held June 24 to 27 at the Charlotte (N.C.) Convention Center. Developed at the request of its customers, the tool provides a quick view of the status of a hotel’s financials from the previous night and more. All data is updated in the system in real time, enhancing the ability for hotel operators to make more informed decisions, improve efficiency, and achieve strategic goals.

    “Aptech is known industrywide for exceptional support and quick response to our customers,” said Aptech President Jill Wilder. “Users asked us for fast access to financial and operational data – accounts payable, general ledger, statistical data – all on one screen and without having to execute multiple reports or inquiries to provide a pulse of where they are now and how they are progressing financially. PVNG was the only one of our three products that did not have a dashboard, so we went to work. Wanting to provide the most value, we asked specifically what they would like to be included on the dashboard – and we delivered.”

    The PVNG Dashboard provides a quick glimpse of:

    • Bank account balances for each bank account
    • Open invoice balances for top five vendors
    • Overall Accounts Payable Aging: Current / 30+ / 60+ / 90+ Days
    • Comparative analysis on user selected KPI’s; Yesterday/Month to Date/Month to Date Last Year

    “Our customers are saying they cannot wait to visit us at HITEC to see the dashboard in action,” Wilder said. “This tool will give users real-time access to data, enabling them to monitor performance and trends as they happen. This immediacy provides quicker reactions to changing conditions, such as market shifts or operational issues. The dashboard will also improve decision making. By consolidating data from various sources into a single, easy-to-understand interface, the PVNG dashboard will help operators work smarter, not harder.”

    Just like the dashboards for its Execuvue (Business Intelligence) and Targetvue (Budgeting & Forecasting) solutions, the PVNG dashboard can be accessed from any web browser, enabling users to access all data via mobile phone, tablet, laptop, or desktop. This dashboard is a standard feature of PVNG and will be included in the next software release slated for July 2024.

    “We encourage people to come by Booth 2644 at HITEC to see the PVNG dashboard and provide their input,” Wilder said. “This is the first release, and we will continue to develop the dashboard to provide more flexibility and information defined by our customers.”

    On Display at HITEC

    PVNG is one of the top ranked solutions in the Hotel Tech Report “Best Finance & Accounting Software” 2024 popularity index. It ranked No. 2 out of 37 companies in the finance and accounting software category. Ninety six percent of limited service and budget hotels, 94% of luxury hotels, 93% of branded hotels, and 84% of resorts say they would recommend PVNG for enterprise accounting. The solution earned an overall score of 4.7 out of 5.0 for ease of use, customer support, return on investment and ease of implementation.

    PVNG features the Accounts Payable, Accounts Receivable, General Ledger, Statistics, Financials, and Bank Reconciliation that today’s hotel operators are seeking with much-needed browser navigation. It features automated invoice processing, a myriad of payment options, drill-down capabilities in financial statements and reports, and the ability to handle single or multi-property accounting.

    Attendees will also see Aptech’s IBM Cognos-based ASP BI application, Execuvue. It delivers visualizations of financial and operational data that hoteliers can act upon. The drag-and-drop environment provides easy-to-access reporting and analytics. The solution configures data portfolio wide, giving operators a performance snapshot by region, brand, and property. The scalability, flexibility, and integration capabilities of Execuvue sets Aptech apart from other BI providers.

    Aptech’s hospitality-driven budgeting and forecasting solution, Targetvue, will also be showcased. The solution provides accounting teams with “one version of the truth.” It consolidates reports, identifies trends, and eliminates the maintenance and distribution of Excel spreadsheets throughout the organization. Automated forecast snapshots offers users ad-hoc capabilities to previous and future performance projections.

    To learn more about Aptech solutions, visit them at HITEC Charlotte, June 24 to 27 at the Charlotte Convention Center in Booth #2644.

  • 4/16/2024

    Steak n Shake Deploys Biometric Check In

    Steak n Shake exterior in Indy

    PopID and Steak n Shake announced today that all Steak n Shake locations in the United States now accept PopID Check In (to review favorite orders and loyalty points) and PopPay for checkout. With more than 300 locations, Steak n Shake is the first national restaurant brand in the United States to adopt biometric check-in and checkout nationwide. PopID’s biometric check-in feature makes kiosk ordering faster, easier, and more personalized.

    The implementation of PopID in every Steak n Shake location was accomplished rapidly and at low cost through a partnership between PopID and ACRELEC, a leading supplier of kiosk-ordering hardware and drive-through products. Cameras were shipped to every restaurant for attachment to the existing ACRELEC kiosks. “As explained in our recent publication, ACRELEC believes that our integrated biometric solution provides various benefits to restaurant operators related to throughput, ticket size, and loyalty engagement,” says Bruno Lo-Re, President of ACRELEC America.

    “We are thrilled about our partnership with PopID and to be on the edge of biometric technology for the benefit of our customers. Our guests now have the option to use biometrics for a faster and more seamless experience,” says Sardar Biglari, Chairman of Biglari Holdings, the parent company of Steak n Shake.

    Now that biometrics are enabled for all ordering and payment inside Steak n Shake restaurants, PopID and Steak n Shake will begin implementing biometric check-in and checkout at the restaurant’s drive-through units. “Similar to the kiosks, biometric check in can increase loyalty participation and revenue at the drive thru while also reducing payment processing costs,” says John Miller, CEO of PopID and Chairman of Cali Group. “Additionally, biometric payment at the order confirmation screen enables staff members to work on tasks other than taking payments by card and phone at the order pick-up window.”

  • 6/20/2024

    HITEC 2024 NEWS: CallTek Introduces Technology as a Service

    CallTek Logo

    CallTek, Inc., a provider of white-label technical support services, is excited to announce its new Technology as a Service (TaaS) program. This innovative offering delivers a comprehensive technology solution, including third-party financing for on-site implementation, 24/7 remote support, and essential professional services. Covering infrastructure, licensing, and a diverse array of IT and medical devices, TaaS represents a significant advancement in technology integration.

    TaaS will make its debut at two major technology events for the hospitality industry: the Hospitality Industry Technology Exposition and Conference (HITEC) and the Technology Investment Conference, hosted by Hospitality Financial and Technology Professionals, during the week of June 24 in Charlotte, NC.

    "CallTek’s TaaS approach offers technology integrators a competitive edge by providing immediate access to innovative solutions through a streamlined financial model. This method not only conserves working capital but also boosts operational efficiency," said Tony Espinoza, CEO of CallTek. "The TaaS model ensures integrators receive vital installation and support services, and state-of-the-art equipment, all bundled into a single finance package without any initial capital outlay. Our program is designed to help integrators secure more business while enabling hotels and businesses to meet their technology needs and obligations to guests and customers."

    This program is available to technology integrators and operators across North America, including the hospitality, healthcare, education, and multi-family dwelling sectors

  • 6/20/2024

    SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem

    soundhound ai logo

    SoundHound AI, Inc., a provider of voice artificial intelligence, announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants and local customers. As part of the acquisition, Allset’s team will be joining SoundHound, further strengthening the company’s capabilities and commitment to innovation.

    The closing of the acquisition will bring additional restaurant relationships, engineering skills, and marketplace know-how to SoundHound AI as it builds towards its vision of a voice commerce ecosystem that enables consumers to access goods and services through natural conversation. This includes plans to facilitate voice-enabled food and drink ordering across millions of cars, TVs, and smart devices.

    Founded in 2015, Allset is a food ordering platform designed for local pick-up, providing a seamless, cost-effective dining experience that allows both consumers and restaurants to bypass the high fees charged by delivery apps. The business received backing from investors, including Andreessen Horowitz, and has amassed nearly 7,000 restaurant partners nationwide, including Joe & The Juice and Charleys Cheesesteaks.

    Alongside continuing the services provided by Allset, all of the platform’s current restaurant partners – as well as all new signups to Allset – will now have full access to a suite of SoundHound’s voice AI products to improve operational efficiency, reduce costs, and drive sales.

    The Allset leadership team, including Co-Founders Stas Matviyenko and Anna Polishchuk, will also apply their extensive marketplace experience to accelerating SoundHound’s first-of-its-kind voice monetization platform. The move mobilizes a key part of the company’s growth strategy, enabling consumers to use conversational voice AI to effortlessly order food from their vehicles or a voice-enabled device, like a TV.

    Today, SoundHound is a market leader for restaurant voice AI solutions, working with over 10,000 restaurant locations. The company’s fast, accurate voice ordering technology can be deployed across multiple channels, including via phone, drive-thru, kiosk, and mobile app. The system can seamlessly pick-up customer orders, understand speech in a range of major languages, learn any restaurant’s menu, process orders directly to the POS, answer customer FAQs, and even upsell add-ons and offer special promotions.

    SoundHound also works with world class clients across a range of other sectors, including smart devices, TVs, and automotive – where SoundHound’s solutions are in millions of units around the world today.

    “As a business, Allset will help SoundHound bring voice AI solutions to even more restaurants looking to improve operational efficiency. At the same time, the Allset team brings a wealth of marketplace experience and knowledge that will make our bigger vision of a voice commerce ecosystem a reality,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “Together, we plan to provide dynamic and convenient ways for people to order food and complete a range of other transactions just by speaking naturally.”

    "We are thrilled to join forces with SoundHound to combine our established partnerships and marketplace expertise with SoundHound’s class-leading voice AI solutions and capabilities," said Stas Matviyenko, CEO and Co-Founder of Allset. "From the beginning, we realized that we share the same vision for the voice commerce ecosystem that elevates the consumer experience. This team-up will accelerate our progress toward the next exciting phase of AI-powered ordering convenience."

    Learn more about SoundHound AI’s vision for a voice commerce ecosystem here.

     

  • 6/19/2024

    HITEC 2024 NEWS: Onity Announces Cloud-Based IOT Hospitality Solutions and Enriched DirectKey Mobile Credentialing System

    onity logo

    Onity, a provider of electronic locks and mobile access solutions, is thrilled to  announce the enhanced DirectKey™ 3.0 system and an advancement in IoT-based hospitality security.  The company is set to showcase its expanded connected capabilities for electronic locks and mobile  access solutions at the Hospitality Industry Technology Exposition and Conference (HITEC), from June  24-27 in Charlotte, North Carolina. Onity is part of Honeywell, a leading provider of solutions and services  that improve the occupant experience and are used in more than 10 million buildings worldwide. 

    DirectKey 3.0 

    Onity is proud to present the latest iteration of its flagship DirectKey mobile access technology. Onity’s  DirectKey technology allows guests to unlock doors upon approach using their mobile device - enabling  seamless entries across the property from parking garage, to elevators, guest rooms and beyond. Key  enhancements include: 

    • Updated DirectKey ecosystem: Faster update times for firmware and data transfers as well as  lower power consumption for improved battery life.  

    • Security and Enhanced Performance: Utilizing 128-bit AES data encryption to provide an  additional layer of security, complementing existing user access permissions and audit trails.  Designed to deliver faster open times and support quick connection to multiple users in common  areas such as elevators. 

    • Soft Broker Technology: Enabling DirectKey/DirectKey Firmware capabilities on third-party  hardware platforms without the need for a DirectKey/DirectKey module. 

    IoT Transformation for Enhanced Hotel Management 

    Onity’s new 1-way and 2-way connected solutions will set the stage for future developments, offering  significant benefits to hoteliers: 

    • Enhanced Front Desk Monitoring & Control: Allows front desk staff to monitor battery levels,  receive live alarms for forced door openings or doors held open, and remotely lock down  individual doors. 

    • Improved Maintenance Capabilities: Features such as remote time setting adjustments for  daylight savings, lower staff costs, remote audits, and elimination of lock re-programming after  battery replacement. 

    • Outstanding Guest Experience: Enables seamless room moves or extended stays, enhancing  the overall guest experience. 

    New connected capabilities redefine property management and guest interaction:

    • CloudConnect™: A cloud-based property management software (PMS) interface that eliminates  the need for on-premise hardware and wiring. It provides a single endpoint for PMS collaborators,  allowing seamless creation of key cards or digital keys. 

    • Serene™ Wall Reader: A complete and connected solution offering flexible access to elevators,  parking garages, and common areas. 

    • IoT Gateway: A scalable IoT mesh network infrastructure for properties with online locks,  facilitating remote access control for Onity connected locks. 

    • Integrations: Collaborations with Wi-Fi access points and room management systems (RMS),  such as Inncom by Honeywell, enabling 2-way communication with Onity locks. 

    "Providing connected capabilities for our customers highlights our dedication to enhancing experiences  for both hotel staff and guests," said Fayyad Sbaihat, President of Onity. "The future is promising as Onity  will soon launch a comprehensive dashboard for property owners and operators, offering valuable  analytics and insights into the operation and performance of their mobile credentialing and electronic  locking systems." 

    For more information, visit Onity booth #3040 on June 25-27 at HITEC or visit www.onity.com. 

  • 6/19/2024

    Lighthouse Acquires Berlin-based HQ Revenue to Accelerate Commercial Strategy for the Travel & Hospitality Industry

    Lighthouse Logo teaser

    Lighthouse (formerly OTA Insight), a commercial platform for the travel & hospitality industry, announced the acquisition of Berlin-based HQ revenue. This acquisition brings together two hospitality technology providers and will accelerate investment and innovation for existing HQ revenue and Lighthouse customers.

    “We're really excited to team up with HQ revenue as we’ve a shared commitment and passion to deliver innovative data, products and services to our customers and partners," said Sean Fitzpatrick, CEO of Lighthouse. "Our teams share the same mission and we’re highly motivated to empower hospitality businesses to make great commercial decisions to generate more revenue."

    "Our focus on delivering great products, great data and an excellent customer experience has been the cornerstone of our success, " said Roland Hehn, CEO of HQ revenue. “Joining forces with Lighthouse enables us to scale this commitment, bringing even more value to our customers and expanding our global reach."

    Lighthouse's acquisition of HQ revenue is part of a broader strategy to bring together the most advanced technology and teams in the industry, to deliver the next generation commercial platform. Lighthouse and HQ revenue are excited to embark on this journey together.

    The acquisition of HQ revenue reinforces Lighthouse's continued commitment to reducing data complexity by delivering actionable insights and data-driven solutions to over 65,000 hoteliers globally.

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