M3 and SIB Strengthen Strategic Partnership to Deliver Greater Cost Savings, Efficiency, and Financial Clarity for Hoteliers
Streamlining Financial Management and Unlocking Cost-Saving Opportunities for Hoteliers Through Advanced Technology and Expert Vendor Optimization
M3, the industry leader in cloud-based financial and data management solutions for the hospitality industry, is excited to announce the continuation of its strategic partnership with SIB, a trusted expert in expense reduction and operational optimization, to unlock exclusive access and opportunities to M3 customers. Together, M3 and SIB offer a seamless blend of technology and cost-saving strategies, ensuring hoteliers can achieve their financial goals without disrupting daily operations.
This partnership builds on a shared commitment to enhancing financial visibility and driving efficiency. By combining M3's comprehensive suite of back-office solutions with SIB's expertise in auditing vendor contracts, optimizing service levels, and negotiating savings with providers, the renewed collaboration aims to unlock unparalleled value for hospitality businesses.
Through this partnership, hoteliers can benefit from ongoing monitoring and recommendations that prevent price creep and ensure long-term savings. SIB works to optimize service levels by removing unnecessary or redundant expenses, while M3’s reporting and analytics tools make it easy for hoteliers to see these benefits reflected in real-time.
"Renewing our partnership with SIB reinforces M3’s mission to not only simplify hospitality accounting but also to enable our clients to thrive in an increasingly competitive industry,” said Casi Johnson, President at M3. "Through this collaboration, we can deliver transformative results that empower hoteliers to achieve long-term success."
“M3’s Strategic Alliance program provides a unique opportunity for industry-leading companies like SIB to connect with hoteliers in meaningful ways, delivering real value through cost-saving solutions tailored to their needs,” said Eric Steele, CRO at SIB. “By renewing this partnership, SIB continues to leverage the strength of M3's platform and customer network to help hospitality businesses optimize expenses, improve vendor contracts, and drive long-term financial success.”
As a Preferred Partner under M3’s newly reconstructed Strategic Alliance Program, SIB’s capabilities complement M3’s suite of tools, including Accounting Core and Labor Management, creating a comprehensive platform for managing and optimizing hotel finances. The partnership ensures that clients benefit from advanced tools, actionable insights, and ongoing support tailored specifically to the unique demands of the hospitality industry. By renewing this collaboration, SIB strengthens its position in the hospitality sector, gaining enhanced access to M3’s extensive customer network and leveraging integrated solutions that drive greater efficiency and financial performance for hoteliers.
About SIB
SIB is the nation’s leading cost reduction and contract compliance services firm on a mission to ensure businesses never overpay for their fixed costs. Our experts, leveraging centuries of combined insights and experience against SIB’s 4 billion benchmarking data points, help organizations identify, streamline, and lower their fixed costs while enhancing operational efficiencies. At SIB, we are on a mission to ensure that businesses across a myriad of industries never overpay for their fixed costs.
