Carmen Software vs. Inn-Flow vs. M3: Which is a Better Fit?

Carmen Software

Accounting

Import/Export
Check Writer
Cash Management
Accounts Payable
General Ledger

Forecasting & Budgeting

Construction Cost Tracking
Forecasting
Budgeting

Reporting

1096
1099
Report Writer
Financial Reporting
Document Imaging
Daily Reporting

Compliance & Tax

Use Tax
User Security
Document Imaging

Data Management & Integration

Document Imaging
PMS Mapping

Inn-Flow BI

Budget Creation & Planning

Department-level budget templates
Multi-year budget planning
Centralized budget input workflows
Approval workflows & audit trails

Financial Forecasting

Rolling forecasts
Daily, monthly, and annual forecasting
Forecast scenarios (best/worst case)
PMS data integration for forward-looking projections

Variance & Scenario Analysis

Forecast vs. actual comparisons
Historical trend analysis
What-if scenario modeling
Real-time alerts for budget variances

Multi-Property Consolidation

Group-level budget aggregation
Brand vs property-level visibility
Standardized templates across properties

Performance Dashboards & Reporting

Custom financial dashboards
Real-time KPI tracking (GOP, NOI, TRevPAR)
Exportable and shareable reports
Scheduled automated reports

Collaboration & Workflow Tools

Role-based user permissions
Commenting & change history
Task assignments for budget contributors
Cross-departmental collaboration features

Key Integrations

PMS, POS, and accounting system data sync
BI platforms
Real-time revenue & expense feeds
Integration with Excel and Google Sheets

Audit & Compliance Tracking

Budget versioning and locking
Approval trail visibility
Compliance checklists

M3 (Accounting)

Accounting

Import/Export
Check Writer
Cash Management
Accounts Payable
General Ledger

Forecasting & Budgeting

Construction Cost Tracking
Forecasting
Budgeting

Reporting

1096
1099
Report Writer
Financial Reporting
Document Imaging
Daily Reporting

Compliance & Tax

Use Tax
User Security
Document Imaging

Data Management & Integration

Document Imaging
PMS Mapping

What Customers Are Saying

Most Recent Review

Carmen Software doesn’t have any clients that have vouched for the product

Inn-Flow doesn’t have any clients that have vouched for the product

very quick response when I reach out with questions

General Manager

Most Positive Review

TIMELY RESPONSE

Manager

Most Critical

Love the AP Module

Accounting Manager from Schaumburg (United States of America)

References

Inn-Flow doesn’t have any references available

Shilpa Vaidya
Controller Schahet Hotels, LLC.

Mardi Morris
Chief Financial Officer

James Fair
Co-Founder