Aptech now integrates with Plaid, a data network powering the digital financial ecosystem. By connecting Aptech’s PVNG enterprise-accounting solution to the Plaid platform, properties can achieve secure access to thousands of financial accounts for financial reconciliation, according to the company.
“Plaid’s powerful data network is powering the fintech tools that millions of people rely on to live a healthier financial life,” Aptech VP Cam Troutman said in a statement. “We are leveraging that expertise to create a secure connection between a hotel’s desired financial institution and Plaid—the same engine driving Chime, SoFi and many others. PVNG will import and match transactions via Plaid and its 8,000+ apps and services across the digital banking ecosystem for simplified, automated bank reconciliation. We believe that we are one of the first—if not the first—hospitality company with this connective relationship.”
Plaid’s network covers 12,000 financial institutions across the U.S., Canada, the U.K. and continental Europe. It prioritizes the security of users' financial data and employs encryption protocols for the highest levels of data protection. By integrating with Plaid, hotels running on PVNG can leverage their security measures and minimize the risk associated with handling sensitive financial information.