The Peabody Memphis Updates Its Hotel Accounting Software

Aptech Computer Systems announced that The Peabody Memphis upgraded its back office financial system to cloud-based PVNG Enterprise Accounting to simplify accounting operations and safeguard data in the cloud. The landmark 464-room Memphis luxury hotel was named the 2018 ‘Best Historic Hotel’ in USA TODAY’s 10 Best Readers’ Choice Awards. Aptech is a provider of hospitality business intelligence, budgeting and forecasting, and enterprise hotel accounting software systems. 

“Aptech’s PVNG Enterprise Accounting is easy to learn and use for our staff. One of our growth initiatives is to put as much data in the cloud as possible, PVNG hotel accounting software does this for us,” said Kristen Barnett, The Peabody Memphis’ Director of Financial Reporting. “Our conversion process to PVNG was simple, and the system’s navigation is intuitive.”

The Peabody Memphis accounting team uses Chrome and Internet Explorer browsers to access PVNG. The system is compatible with all major internet browsers. Aptech hosts the PVNG system at its secure network data center in Pittsburgh.

“Aptech support is excellent. Their experienced professional staff ensured every detail of our conversion was addressed and completed,” Barnett said. “PVNG’s response time is very fast. This makes it easier for our accounting team to move between accounts payable and G/L modules to get the work done faster. It does what it is supposed to do quickly.”

PVNG provides an easy to navigate architecture. Its robust functionality emerged from Aptech’s legacy application, Profitvue, used by thousands of hotel accounting professionals. PVNG supports one property or a large multi-brand, multi-property portfolio. It uses the most current technology platform and incorporates AP, GL, AR, Statistics, Financials, and a Bank Reconciliation, all with familiar browser navigation.  PVNG also makes it simple to become 11th Edition compliant by implementing its packaged chart of accounts and financial statements.