⚠ We would appreciate if you would disable your ad blocker when visiting our site! ⚠

Vendor Updates

M3

2022 Spring
Lawrenceville, GA
https://www.m3as.com/

Accounting Core
As the entry point to the M3 platform, Accounting Core provides a set of easy-to-use modules that streamline accounting functions. M3 allows hotel owners, management teams, and general managers access to an accurate snapshot of data across multiple properties. M3 software improves efficiencies and visibility to drive hotel financial performance through industry-specific accounting software that offers automated bank reconciliations, electronic payments, and more. M3’s Accounting Core is the standard- bearer of the industry with over 6,900 hotels logging in daily.

Insight
M3’s dedicated BI platform, Insight, customizes labor and financial reports by central- izing large amounts of data from M3 solutions, along with other industry data integra- tions, providing real-time access to hoteliers’ financial and operational health, helping managers make smarter financial decisions faster using actionable data intelligence. With Insight’s powerful data centralization and analytics capabilities, tackling expenses, including labor, and forecasting ever-changing revenues has never been easier.

Labor Management
M3’s exclusive, cloud-based labor-reporting system offers seamless labor monitoring and management from time clock to paycheck with features like biometric attendance tracking and exclusive, customizable labor management reporting to manage hours and overtime.
 
Designed for hoteliers on the go, M3’s Labor Management app allows hospitality professionals to quickly access their labor information and adapt in real time to the labor needs of their properties. Not only do employees get up-to-date visibility of their schedules and work history, but property managers also have access to labor variances and managing employee time details, all available in the palm of their hand.

Award Winning Products
For over 23 years, M3’s forward-thinking software products have been highly regarded as the leading back-office technology for the hospitality industry. Most recently, M3 received the 2022 HotelTechAward for Best Reporting & Accounting Software by Hotel Tech Report. The HotelTechAwards determine the best hotel software products across every category based on customer feedback and key proprietary data signals such as integration compatibility, organizational health, market share, partner network strength, and customer support quality.

New Offerings in 2022
M3 Expense Management – Powered by SIB: Through M3 Expense Management, SIB performs a spend analysis on participating M3 customers’ GL spend reports and invoice copies to compare costs and indirect spending to benchmarked pricing data sourced from over 70,000 locations across the U.S. and Canada to ensure that service levels match actual needs and consumption levels as efficiently as possible.

Stand-Alone Budget and Forecasting Module – M3 is now offering a stand-alone Budget and Forecasting tool to their users. The new tool reduces budget and forecast reporting time by as much as 50%. The new budget and forecast tool also ensures the accuracy of real-time data, providing hotel owners and management groups access the data needed to make better and more informed business decisions.

For more information on M3, Visit M3as.com.




want to read more articles like this?

want to read more articles like this?

Sign up to receive our twice-a-month Watercooler and Siegel Sez Newsletters and never miss another article or news story.