M3 (Accounting)

Ranked 1 (out of 42) in Finance & Accounting Software

Finance & Accounting Software

Accounting software and service to power hospitality company performance

Ratings Snapshot

Certificate of Excellence
Read 239 reviews
87%
Recommend
HTR Score icon
HT SCORE
100 out of 100
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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Reviews Summary

Ranked #1 out of 42 in Finance & Accounting Software

Ease of Use
4.3/5
ROI
4.3/5
Implementation
4.2/5
Customer Support
4.5/5
Verified Customer Support

M3 has opened its internal systems to Hotel Tech Report and earned the Verified Support Certification.

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Most popular for
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M3 (Accounting) Overview

M3 (Accounting) Overview

The best back-office hosted software solution provider for the Hospitality Industry. We provide accounting, business intelligence, and payroll solutions across all brands and independent hotels in the U.S. and Canada. Our enterprise level solution allows franchisees access to their financial and operating information in real-time with user friendly reports. Our clients are able to reduce overhead ...

About M3 View website

Founded in 1998 | Headquarters in Lawrenceville United States | 554 employees

The best back-office hosted software solution provider for the Hospitality Industry. We provide accounting, business intelligence, and payroll solutions across ...

Product Modules
Tax & Reporting
INCLUDED
Report Writer customizes financial reports and how you want to see your data. Easily Set Tax by inputting predetermined tax rates for vendor invoices for use, sales, VAT, GST/PST/HST, and vendor withholding. Automatic 1099 & 1096 forms print data on US 1099/1096 IRS tax forms. Customizable Import / Export transfers data for JE’s, checks, invoices, vendors, budgets, historical data, and much more.
Planning & Management
INCLUDED
Quickly Setup Budgets with key metrics and a feature to lock metrics, ensuring they stay consistent across properties. Accurately Forecast and create multiple forecasts with key metrics for comparison across periods. Track Construction Project costs, set up as many as 3 budgets, associate JE’s, and vendor invoices to each project. Increase User Security with customized user access groups and roles for specific modules, functions, and properties.
Data Processing
INCLUDED
Customize Daily Report with automatic PMS Importing and Daily Report rollover. Robust, Multi-Company, Accounts Payable module with partial payment schedules. Prepay Invoices in our Accounts Payable module limiting user error. MultiCurrency Exchange Rates and recurring invoices. Intelligent Document Imaging allows image and document attachments to vendor invoices and journal entries. Customizable General Ledger and chart of accounts.
Finance
INCLUDED
Customized Financial reports how you want to see them. Automate Check Writing, check layouts, vendor payments (multiple properties), ACH, checks, ePay, and virtual credit cards. Cash Management across properties with cleared transactions and import reconciliation.

Other Products by M3

Integrates with

  • Business Intelligence
  • Property Management Systems
  • Hotel Management Software
Browse integrations (25 verified)

What customers love about M3 (Accounting)

Like 87% recommend

CFO/ VP of Accounting

We manage 63 properties with close to 2,400 associates. Accounting Core and Time Management make payroll, payables, and general ledger functions easy. We are able to write and customize our own financial reports tail...

Area Vice President of Operations

The program is suitable for all levels of experience. The ease with which one can navigate and execute makes M3 a great solution for all levels of hoteliers.

Owner

Great accounting software.

Director of Operations

I've always received prompt service which is important to me. I like that the system is created for the hotel industry making it easy on our accounting team. I think the system is all-around user friendly.

Read Reviews

Expert Q&A and Partner Recommendations

Question:

What does this product or service do well?

Answer:

M3 is the only hospitality accounting resource I would be willing to recommend to our clients. Not only are their services best in class, but their team goes above and beyond for their clients for any given question or request. They truly care about their employees, partners, and their clients at a ...

by Alexis Werner (SIB Fixed Cost Reduction) on December 07, 2022

See more answers (10)
Question:

What differentiates this product or service from the competition?

Answer:

The quality of their service is unmatched. Products and services are on trend and current - as well as user-friendly. M3 partners with industry leaders (like SIB) to offer additional benefits to clients and provide a spotlight on services that can improve operations. Having a trusted partner to vet ...

by Alexis Werner (SIB Fixed Cost Reduction) on December 07, 2022

See more answers (10)
Question:

Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?

Answer:

If you are looking for a top-tier accounting solution that can improve operations and provide unmatched reporting, I would put M3 at the top of your list. Not only will you receive top-tier services and products, but you will have a trusted partner (with YEARS of combined first-hand hospitality expe...

by Alexis Werner (SIB Fixed Cost Reduction) on December 07, 2022

See more answers (10)
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+ 8 recommend
Recommended by Show More (6)

Features

Accounting

4/5 features

Forecasting & Budgeting

4/5 features

Reporting

4/5 features

Compliance & Tax

4/5 features

Data Management & Integration

4/5 features

Want to go behind the scenes and see how M3 (Accounting) works?

Clients & references

References & testimonials

Testimonial avatar
If you are in the hotel business, you use M3!
Shilpa Vaidya Controller at the Schahet Hotels, LLC.
Testimonial avatar
Accounting Core is so easy to use; being able to log on and get PnLs and bank reconciliations, setting up users, and having everything in one place is so beneficial.
Mardi Morris Chief Financial Officer at the

Featured partners

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Awards & Certifications

Active Markets

MARKETS SERVED
  • South America
  • Europe
  • Central America
  • Asia Pacific
  • Middle East
  • Africa
  • Antarctica
  • Oceania
  • North America
VERIFIED MARKETS
  • United States of America
  • Canada
  • Cayman Islands
  • Bahamas

239 Verified M3 Reviews

Likelihood to Recommend
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March 13, 2023

M3 (Accounting) Review: M3 team listens to the client needs and will work to fulfill it

VP of Accounting from Airport/Conference Hotels in Franklin (United States of America)

Recommend 10/10
Full blue star
Full blue star
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Full blue star

What do you like most?

We have been using the system for a number of years and have found the team will really listen to the operational needs and work to make it happen.

What do you dislike or think could be improved?

Sometimes the team gets tunnel vision on solving one item and misses the need to keep pushing forward on all modules they offer.

Customer Support
4.5
Ease of Use
5
Value for money
4.5
Implementation
4.5

March 13, 2023

M3 (Accounting) Review: I love M3 as it is very user friendly and simple

Manager from Hostels in El Paso (United States of America)

Recommend 10/10
Full blue star
Full blue star
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Full blue star
Full blue star

What do you like most?

Financial Statements and GL back up are very good tool to have everything in good shape Balance Sheets are very helpful to see what the company is worth.

What do you dislike or think could be improved?

My only concern and suggestion is that when there is a small fee for past due payments specially with the pandemic i would like for m3 to be more appreciative with its clientele and consider waiving those...

Customer Support
5
Ease of Use
5
Value for money
4
Implementation
5
arrow review On Sep 01, 2021 Nicholas D. from M3 replied:
 Thanks for the feedback! We did push over $1,000,000 of savings directly to reduce costs during this... 

March 13, 2023

M3 (Accounting) Review: Best Help Desk I have ever worked with in 40 years!

Finance Manager from Resorts in Union (United States of America)

Recommend 10/10
Full blue star
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Full blue star

What do you like most?

The software is pretty intuitive and was easy to use without any experience based on my general knowledge of various software programs and how the accounting system should work. The helpdesk folks are ...

What do you dislike or think could be improved?

The financial reporting can be cumbersome - it would be nice to be able to build a template of fixed rows so that when adding GL's you wouldn't have to add in each unique report. Similarly, it would ...

Customer Support
5
Ease of Use
5
Value for money
5
Implementation
3
arrow review On Sep 02, 2021 Nicholas D. from M3 replied:
 Thanks Cathy! We love working with you. Can you ask your fellow co-workers to leave us a review as w... 

March 13, 2023

M3 (Accounting) Review: SO unique as it always resolves issues quick and correct the first time!!!

Finance Manager from Branded Hotels in Birmingham (United States of America)

Recommend 9/10
Full blue star
Full blue star
Full blue star
Full blue star
Half blue star

What do you like most?

If you have an issue its resolved with in minutes. Every point of contact for M3 is friendly and professional. They not only understand the problem, they understand the person behind the problem. Whene...

What do you dislike or think could be improved?

Some of the training videos could be edited to be made more current. The functionality seems a little clunky at first until you understand the logic, then it makes sense.

Customer Support
5
Ease of Use
4
Value for money
5
Implementation
4

March 13, 2023

M3 (Accounting) Review: M3 software is industry specific and adds efficiency

VP Hotel Accounting from Luxury Hotels in Memphis (United States of America)

Recommend 10/10
Full blue star
Full blue star
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Full blue star

What do you like most?

M3 software is user-friendly and flexible. The support team and response time are excellent. The invoice imaging adds efficiency when researching expenses or reviewing a financial statement.

What do you dislike or think could be improved?

Enhancements to Cash Management to decrease data entry and make the reconciliation faster. The ability to attach the actual bank statement to each reconciliation.

Customer Support
5
Ease of Use
5
Value for money
3
Implementation
5

March 13, 2023

M3 (Accounting) Review: Lisa was very helpful .

Corporate Controller from Hostels in El Paso (United States of America)

Recommend 10/10
Full blue star
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What do you like most?

Lisa was very helpful assisting with the HOT STATS access to our interface, no issues whatsoever. She had a very thorough understanding of what needed to be done.

What do you dislike or think could be improved?

No complaints in general, however timing on tickets could be improved as timing is imperative in some tickets; having said that we totally understand everyone is short staffed due to the current pandemic....

Customer Support
5
Ease of Use
5
Value for money
5
Implementation
5

Pricing

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M3 hasn’t disclosed their pricing plans. It is advised that you ask for a reference to ensure competitive pricing

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Popular M3 (Accounting) Integrations

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