M3 Update for Summer 2024
Accounting Core: As the entry point to the M3 suite of offerings for enterprise accounts, the Accounting Core™ solution provides a set of easy-to-use modules that streamline accounting functions. M3 allows hotel owners, management teams and general managers to access data, metrics and key indicators across multiple properties. M3’s software solutions improve the efficiencies and visibility that drive hotel financial performance through industry-specific accounting software. The Accounting Core™ solution offers automated bank and balance sheet reconciliations, electronic payments, comprehensive financial reporting and more. M3’s Accounting Core is the industry standard-bearer, with more than 8,000 hotel entities logging in daily.
CoreSelect: M3’s CoreSelectTM solution is an accounting, financial data management, and reporting solution targeting select/limited service and economy portfolio hotel owners, operators and management companies. M3’s CoreSelect application aims to deliver greater value, generate tremendous efficiencies, and create a simplistic software ecosystem for hoteliers with smaller portfolios and less complex properties. CoreSelect is the perfect alternative for smaller portfolios currently relying on manual solutions or off-the-shelf products that aren't geared specifically to hospitality, or don't need a full ERP platform.
Insight: M3’s dedicated business intelligence offering, known as its Insight™ solution, customizes labor and financial reports by centralizing large amounts of data from M3 solutions along with other industry data integrations. These integrations provide real-time access to hoteliers’ financial and operational health, helping managers make smarter financial decisions faster while using actionable data intelligence. With Insight’s powerful data centralization and analytics capabilities, forecasting ever-changing revenues and tackling expenses – including labor, 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. Features include 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 their properties' labor needs. Not only do employees get up-to-date visibility of their schedules and work history, property managers also have access to labor variances and can manage employee time details in the palm of their hand. The app now features the ability to request time off, punch-in and -out and the option to render in Spanish.
Award Winning Products: For more than 25 years, M3’s forward-thinking software products have been highly regarded as the leading back-office technology for the hospitality industry. M3’s Accounting Core™ solution was named 2024’s No. 1 Hotel Accounting Software by Hotel Tech Report, while M3’s Labor Management™ solution was named 2024’s No. 2 Scheduling and Labor Management Software. 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.
Partnerships: In addition to offering best-in-class products, M3 partners with other industry-leading solutions. Through its vast network of partnerships, M3 can help identify hundreds of thousands of dollars in savings, new revenue and efficiencies for its customers. These partnerships are available to all M3 customers. Whether it be payroll, e-Pay, benchmarking, fixed asset management or streamlining the month-end process, M3 has its customers covered.
For more information on M3, visit www.M3as.com.
