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Finance & Accounting Software Vendor Shortlist
We’ve surveyed 377 hoteliers across more than 22 countries to understand which are the best Finance & Accounting Software vendors, along with everything you need to know in order to buy the right Finance & Accounting Software for your hotel (including our 2022 Finance & Accounting Software Guide). We also aggregate key decision criteria data including integration availability, partner ecosystem, expert recommendations and more (learn more about HTR’s ranking methodology).
Each property has different characteristics, needs, preferences and budgets. Use the filters below to instantly analyze thousands of reviews to find the perfect fit for your hotel.

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  • Featured: Vendors can subscribe to become Premium Members on HTR. This option sorts the directory first by Premium Members and then by HT Score.
  • Ht Score: The Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, customer support, user reviews, expert recommendations, integrations availability and geographic reach to help buyers better understand their products.
  • Popularity: Sorts listings by number of user reviews and reported installs, most to least.
M3
4.3 (170 reviews)
Ht score logo 100 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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winner logo badge 2022 WINNER
Hoteliers voted M3 as the #1 Finance & Accounting Software provider in the 2022 HotelTechAwards
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Accounting software and service to power hospitality company performance
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Aptech Computer Systems Inc
4.8 (35 reviews)
Ht score logo 88 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Next generation cloud based hospitality accounting software.
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Omniboost
4.7 (26 reviews)
Ht score logo 81 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Hospitality Tech Made Easy
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IDeaS
4.4 (20 reviews)
Ht score logo 81 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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IDeaS RevPlan takes the pain out of budgeting and forecasting total revenue
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Inn-Flow
One Solution. Built for Hotels.
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myDigitalOffice
4.5 (104 reviews)
Ht score logo 93 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Hotel Information Management and Back-Office Automation Solutions
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Nimble Accounting LLC
4.6 (14 reviews)
Ht score logo 77 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Cloud-based Hotel Accounting Software & Bookkeeping Service Provider
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Xero
Accounting, SaaS, Banking, Invoicing, Design, Business, and Billing
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CrystalStat
Your way to comprehensive data
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Data Plus Inc
Hospitality Accounting and Budgeting & Forecasting
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PRODUCT BUNDLES
These Product Suites Also Contain Finance & Accounting Software
Other solutions that offer an integrated finance & accounting software add-on module with their core product offering
Aptech Computer Systems Inc
4.8 (36 reviews)
Ht score logo 88 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
Learn more

or read reviews

Aptech Computer Systems Inc’s Finance & Accounting Software product suite also includes:

Omniboost
4.7 (26 reviews)
Ht score logo 81 Ht Score
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
Learn more

or read reviews

Omniboost’s Finance & Accounting Software product suite also includes:

Inn-Flow’s Finance & Accounting Software product suite also includes:

or read reviews

Docyt’s Finance & Accounting Software product suite also includes:

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ICG FrontHotel’s Finance & Accounting Software product suite also includes:

Birchstreet’s Finance & Accounting Software product suite also includes:

Omniboost’s Finance & Accounting Software product suite also includes:

Busy Rooms’s Finance & Accounting Software product suite also includes:

OVERVIEW
What is Finance & Accounting Software
Finding the right Finance & Accounting Software solution for your hotel depends on several variables ranging from user experience and pricing to functionality and support. This guide is designed to help you identify the best Finance & Accounting Software vendors, questions to ask on demos, read unbiased reviews from similar hoteliers and so much more. (including our 2022 Finance & Accounting Software Guide)
BENEFITS
What are the Benefits of Hotel Accounting Software?

Accounting software will pull information from multiple sources via strong integration networks and put that information on an easy to consume dashboard where a user can process and act on information gleaned in seconds instead of hours. Back-office daily tasks like payroll and property management can be sped up through automation in line with standard accounting procedures – and more importantly those daily tasks can be streamlined among multiple users in a consistent and manageable process. Dashboards with powerful reporting capabilities can give valuable insight into trends and desired baselines, and the user can then use those reports to develop actionable insights on expenses such as labor bloat or overpriced operating items, but can also provide clarity on what increases profits and allows for a higher Per Occupied Room. Overhead can essentially be reduced and bottom-lines increased.

Hospitality companies must oversee and manage a bevy of departments, revenue streams, and expenses. Reservations, room service, food and beverage and banquets, sundries and any number of guest amenities have to be managed as well as operational costs itemized to the line. A strong accounting platform will help hoteliers track and analyze these data points as well as allow for more transparency within their operations including where costs can be slashed, and profit maximized.

Accounting software can help hoteliers identify trouble spots which can be eliminated or mitigated, as well as efficiencies which can be mimicked and replicated. This allows for common-sense revenue increases. 2Increase Revenue By having your data protected and accumulated in a software system, reporting functionality is easier to consume and yet the capabilities of the system are more complex than ever before. With powerful technology, you can more easily study trends and take action based on the trends your data shows.

FEATURES
What are some of the key features to look for when choosing a reporting & accounting software solution for your hotel?
  1. Automatic Daily Report: An automatic daily report, one that maps to the PMS and pulls data directly into your accounting platform is one of the most beneficial components to any accounting solution. By automating this process you can save up to half an hour a day, per hotel. Not to mention, you are more likely to avoid human input errors which can cause countless delays and costly errors to your final analysis.
  2. Customized Reporting: Allows customers to report data in a way that makes sense for their organization. Consolidated reporting at the enterprise level, department specific reporting, and line item reporting all matter to different people at various levels of the organziational chart.

  3. Intercompany functionality: When management companies can enter expenses at the enterprise levels and those inputs funnel down to the property level. Shared expenses can divided out between properties at the appropriate level and don’t require property level input.

  4. Intelligent Imaging: OCR technology that reads the invoices, and then the module learns the customized workflow for invoice entry which saves time, money, and ensures accurate invoices for payment. The invoice can then be emailed to a specific email which automatically uploads it into the accounting core application.

  5. Permissions based access and reporting: This gives organizations the ability to see accounts that influence and matter to their day-to-day needs versus those that need limited access to protect confidential information.

PRICING
What are the typical pricing models and ranges that I should budget for?
  1. Implementation Expense. There shouldn’t be any implementation costs at all unless you require custom integrations.

  2. Monthly Subscription. Hoteliers should expect prices to vary based on integrations and other complex functionality requirements. Some hoteliers choose to purchase hardware but it is becoming more popular to rent.
IMPLEMENTATION
What does the typical implementation timeline and process look like to go live?

Implementation can vary by property.  Make sure you understand the time, pain points and costs associated with an implementation. It is often during this process where you will quickly understand if you have a true partnership, or catch and release program.

FAQs
Hoteliers Also Ask
M3 is the best hotel accounting software as rated by hoteliers on Hotel Tech Report. Having said that, different users prefer different software. For example, small businesses that just need basic balance sheets, chart of accounts, receivables, general ledger and financial data in an intuitive layout may be totally fine going with a simpler solution like Xero or Freshbooks. Having said that large enterprise multi-property portfolios have complex specialized business needs and can save tons of time and resources going with a vendor like M3.
Hoteliers should not have to tell a software vendor how to configure their software specific to the hotel management industry, nor should they have to write their own formulas for calculations as basic as ADR, PAR, etc… Systems should be inherently “intelligent” enough to provide data entry and export in ways in which hoteliers understand it. It is no longer realistic to adopt platforms that are marketed to dozens of industries and think it will “work for hospitality”. Hotel accounting software helps hotel industry businesses better understand cash flow, forecasting and accounts payable in real time where generalist account software can't since these accounting systems don't integrate with key hotel software like POS, PMS, etc. which means all reconciliation happens on a delay. Clean real time accounting data will streamline decision making which is a result of using a dedicated industry specific accounting solution. Financial reporting metrics like profitability and cost per occupied room must be adjusted in ways that are specific to the hotel industry where general platforms like Quickbooks or Xero may take lots of customization and work. Business owners are wise to demand any software solution has case studies in the hotel industry and purpose built workflows for hotel owners.
- Millennial Workforce: For an industry jam-packed with technology-based trends, millennial employees play a critical role in helping to identify valuable trends as well as negative trends in need of adjustment. The next few years will prove to be critical for hospitality industry employers to harness the potential of employees in this age range or risk getting left behind or over investing in archaic solutions. - Software Consolidation: Now, more than ever, hoteliers need their software all under one roof. Gone are the days of selecting the best accounting, finance, business intelligence, labor management and analytics software vendors and trying to “integrate” them. Hoteliers will search for companies that provide it all, removing the need for them to maintain IT staffs and large infrastructure budgets to keep them all tied together. - Shift to Outsourcing: As hoteliers strive to deliver positive results to ownership, they will consider outsourcing non-customer facing functions, this includes the day to day accounting and bookkeeping functions. Software will be delivered as part of an overall accounting and finance solution, generating efficiencies and economies of scale.
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Mission
Help hoteliers maximize the use of technologies they already use, discover new ones they’ve never heard of and more effectively navigate the complex software buying journey.
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To make the hotel industry the most technologically advanced industry on the planet.

We sell different types of products and services to technology companies to help them educate buyers, build their brand and grow their install base. These services are usually sold through bundled membership packages but are also sold a la carte and include: sponsored content, advertising, lead generation and marketing campaigns. While members do receieve many benefits to help improve their presence ranging from enhanced premium profiles to review collection services—membership status and sponsorship do not influence the HT Score ranking methodology in any way.

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We rank products based on our proprietary ranking algorithm, the HT Score. The HT Score is an aggregated score out of 100 that is relative within each category that is intended to encapsulate key variables in the buying process including: customer ratings & reviews, partner ecosystem, integration availability, customer support, geographic reach and more.

Similar to REVPAR for hotels, the HT Score is intended to be a normalizing metric to be able to better compare different vendors. Instead of rate and occupancy, the two prinmary drivers are a blend of review quantity and average ratings. Also similar to REVPAR, the HT Score is a metric to aid in decision making but is not intended to be used as a sole factor when selecting vendors.

To learn more about the HT Score ranking methodology, visit our HT Score documentation and changelog

Maintaining independence and editorial freedom is essential to our mission of empowering hoteliers.

Core Hotel Tech Report content is never influenced by vendors and sponsored content is always clearly designated as such. Our team will only write sponsored content about products that we have either (1) demoed (2) gathered extensive user research on or (3) used ourselves.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

HTR crowd sources tens of thousands of verified reviews every year and aggregates hundreds of thousands of other data points ranging from expert recommendations to product integrations data which are instantly analyzed and made available to millions of hoteliers around the globe to discover, vet and research digital products for free on the platform to make technology decisions faster, easier and less risky-thus speeding up the pace of global innovation and adoption of technology.

Choosing the right software for your hotel depends on dozens of variables many of which can be quantified based on the characteristics of your property but many of which also come down to personal preference. Is your hotel a small property with limited budget? Or is your property a luxury resort with lots of outlets and high ADR? HTR is designed to offer dynamic filters to quickly be able to personalize the data set to your characteristics. We also break down hotels into key segments/personas based on common property characteristics that typically service as indicators that drive similar product decisions which are intended to help you save time and quickly identify the best match for your hotel or portfolio.

While HTR’s data set is constantly growing making its recommendations more representative and accurate over time, our programatic recommendations based on the HT Score, data and segment popularity are intended to serve as a tool for you to leverage in the buying journey but do not replace thorough due dilligence and research. No two hotels are alike and most purchasing decisions also include personal preferences which is why we highly recommend that buyers consider a minimum of 3-5 vendors during the research processthat you get live demos and price quotes from to be able to make an informed decision.