Of massive overvaluation masks what can only be described as the wholesale destruction of the bubbles already right before our eyes. In fact, today was the first day in ages that the beaten down bubbles didnt get stomped on. Dow climbing 112 points and the nasdaq, the home of the deflated bubble, skyrocketing 1. 77 . After a prolonged period of underperformance when the bubbles were being popped. We got to wade into this bubble debate. Lets first talk about the prevailing. Hardly a day goes by where we dont hear criticism about the inflating bubbles of technology and biotech. Were told that companies are being valued at outrageous levels not unlike the year 2000. And it all has to end in tiers for every stock as it did back then. Theres only one tiny problem. The bubble has been popping for months maybe the critics havent noticed. Today was a reprieve from the relentless deflation and even though it will hasten another round of bubble talk the stocks went up the facts dont fit the bubb
As renowned author Maya Angelou once said, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” This sentiment is at the core of what most hoteliers strive to achieve for guests during their stays, with a keen focus on guest satisfaction remaining an essential element of any successful property’s operations. However, with technology’s growing role in hospitality optimization, the companies providing systems and solutions to hotel organizations may not always share the same mindset. Although artificial intelligence (AI) and automation are continuing to enhance the speed and efficiency of many hotel processes, customer service has often suffered, and personal interactions are increasingly hard to come by. Especially in an industry grounded in hospitality and personalization, this approach seems counterintuitive.
To give hotel AP managers, approvers, controllers and CFOs better tools to work through the invoice lifecycle, Aptech has entered into an integration partnership with Ottimate (formerly PlateIQ), a company providing AP automation via AI. Together, Aptech and Ottimate are giving time back to accounting teams by enabling them to upload paper and electronic invoices in bulk and eliminate 90% of vendor invoice processing. Houston-based American Liberty Hospitality is one of the first hotel management and development companies to leverage the joint technology.
American Liberty Hospitality Leveraging AI for Enhanced End-to-End Hotel AP Automation hotelnewsresource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelnewsresource.com Daily Mail and Mail on Sunday newspapers.
Aptech, provider of a leading suite of enterprise accounting, business intelligence, financial planning and management solutions for the hospitality industry, has announced the appointment of Jill Wilder as president of the company. Wilder has served as Aptech’s vice president for 22 years and has been with the company since 1986. Aptech’s outgoing president and founder, Jay Troutman, while stepping down from his day-to-day responsibilities, will continue in his role as Chairman of the Board and owner of the company. Troutman incorporated Aptech in 1970 and has led the company for more than 50 years. In addition to Wilder’s appointment, Sam Costa has been named vice president, and will serve alongside current vice president Cam Troutman. Costa previously held the title of Director of Customer Support for Aptech, where he has served for nearly 30 years. These leadership changes were necessitated by the rapid growth of the company and are effective immediately.