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Overview
Targetvue provides hospitality budgeting and forecasting to help businesses with financial planning and performance tracking. While the initial configuration can require some effort, the ability to eliminate manual spreadsheets and provide accurate reporting makes it a reliable choice for hotel management.
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Starting Price
Custom
Targetvue Specifications
- Reporting And Analytics
- Multi-Property Management
- Financial And Accounting Management
- Reservations And Booking
What Is Targetvue?
Targetvue, now known as TVNG, is a financial planning platform built for hotel owners and management companies who want to simplify how they create budgets and forecasts. The software includes tools for consolidating property data, generating daily reports, and managing labor costs.
Its key features help the organization keep the sales and expense processes organized while automating routine calculation tasks. This makes it easier to focus on growing the hospitality business and improving overall profitability.
How Much Does Targetvue Cost?
The pricing of Targetvue falls between $350 and $800/property/month, according to industry benchmarks for similar hospitality budgeting and forecasting solutions. This range is intended for general budgeting purposes as actual costs can differ based on the number of properties, the total room count, and specific implementation needs.
In addition to the base subscription costs, organizations should account for the following expenses:
- Implementation: $3,000–$10,000 for standard hotels; $10,000–$25,000 for large management groups
- Data Migration And PMS Integration: $2,500–$8,000 based on historical record volume and connection complexity
- System Administrator And Departmental Training: $1,500–$6,000
- Custom API And Financial Tool Connectivity: $3,000–$15,000 depending on the technical scope
Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.
Targetvue Integrations
Who Is Targetvue For?
The software is designed for a variety of businesses in the accommodation sector, including:
- Hotels
- Resorts
- Casinos
- Hospitality
- Vacation rentals
Is Targetvue Right For You?
Targetvue is an ideal fit for those hospitality organizations looking to automate financial planning and enterprise budgeting. The software integrates performance monitoring with driver-based forecasting to help multi-property hotel groups manage complex data sets. Targetvue secures financial data by implementing access controls at the property and department levels to ensure only authorized personnel view specific information.
Still unsure about Targetvue software? Contact the support team at (661) 384-7070 for further guidance.
Targetvue Features
Hospitality Specific Drivers
The software utilizes drivers defined by the finance team to ensure consistent value usage across the entire organization. This method provides accurate cost analysis and allows the bottom line to adjust dynamically based on changing operational conditions.
Workflow Management
The application features a structured workflow that governs how personnel enter data into budgets and forecasts. Management maintains control over user input to ensure data integrity and organizational alignment during the planning cycle.
Self Service Reporting
The platform includes a standard reporting package along with tools for creating custom reports. These options allow the hospitality team to generate professional documents that meet the specific requirements of ownership and stakeholders.
Ad Hoc Data Analysis
Personnel can perform on the fly analysis to slice and dice financial data for immediate insights. This capability allows for quick investigation into performance trends without needing to wait for periodic reporting cycles.
Internal AI Assistance
An AI assistant resides within the application to provide deeper reporting and data analysis. This tool helps the team transform complex property data into actionable intelligence for better financial planning and tracking.
Pros And Cons of Targetvue
Pros
Dynamic driver modeling that adjusts plans based on occupancy changes
Actionable performance visualization through intuitive dashboards
Offers proactive variance monitoring to identify budget discrepancies
Cons
Interface might seem technical for beginners
Collaborative input coordination is necessary for timely consolidation
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Frequently Asked Questions
Who are the typical users of Targetvue?
Targetvue features are designed for businesses in the hospitality sector, including resorts, vacation rentals, hotels, and casinos.
What other apps does Targetvue integrate with?
Information about third-party software integrations has not been specified by the vendor.
What types of pricing plans does Targetvue offer?
The Targetvue cost falls between $350 and $800/property/month, according to industry benchmarks for similar hospitality budgeting and forecasting solutions. Request a customized Targetvue price plan for your business today!
Does Targetvue offer an API?
Information regarding the availability of an API of the vendor has not been provided.
What language does Targetvue support?
The platform currently supports the English language.
Does Targetvue have a mobile app?
Information regarding a dedicated mobile app has not been specified by the vendor.
What level of support does Targetvue offer?
The platform provides support through email, phone, and a contact form.