Aptech announces the launch of PVNG FAM, which will enhance Enterprise Asset Management for hotels with real-time tracking, reporting, and multi-property asset optimization.

Aptech, a leading provider of integrated enterprise financial solutions for the hospitality sector, has recently launched PVNG Fixed Asset Management (FAM), the latest generation of accounting solutions aimed at prevailing in Enterprise Asset Management for the hotel organization.

With PVNG FAM, hotels can track assets throughout their entire life cycle from acquisition until disposal. During this period, the system facilitates real-time updates, cost logging, and analysis of asset performance; this ultimately assists the hotel in optimizing financial forecasting and operational efficiency.

The key attributes of the solution include detailed reports, QR code scanning, mobile applications, user access control, and category management. The operating tools developed assist in augmenting Enterprise Asset Management with real-time solutions and seamless updates across many locations.

Web-accessible and allowing customized reporting to compare asset performance and better resource allocation, PVNG FAM is built in support of multi-property management.

"We listened to our clients and identified the need for a sturdy solution to track and manage fixed assets across multiple properties," Jill Wilder, president of Aptech, said. "PVNG FAM enhances our PVNG suite for existing customers as well as new, providing strong benefits."

Aptech's PYNG, Execuvue, and Targetvue solutions are now trusted by more than 3,500 North America hotels. Working in the direction of Enterprise Asset Management, this new requirement brings even stronger financial and operational oversight into the arena for greater efficiency in running the hospitality sector.