M3 (Accounting)
4.4 (443 REVIEWS)
Anna, Justin, Kathey + 16 more experts recommend M3
Read RecommendationsRanked 1 (out of 39) in Hotel Accounting Software
Hoteliers voted M3 as the #1 Hotel Accounting Software provider in the 2024 HotelTechAwards
Learn about the HotelTechAwards rigorous 3-month process to rank the best hotel software in the worldAccounting software and service to power hospitality company performance
88% recommended by 443 hotels
Davidson Hospitality, Hotel Equities, Sage Hospitality & 440 others
Capabilities
Scalable for growth
Cost & time savings
Tax & Reporting
Tax & Reporting
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
Planning & Management
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
Data Processing
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
Features
Accounting
Forecasting & Budgeting
Reporting
Compliance & Tax
Data Management & Integration
Available Add-ons & Modules
CoreSelect
Tax & Reporting
Planning & Management
Data Processing
Finance
M3 Insight
Business IntelligenceM3 Labor Management
Scheduling & Labor ManagementRecommended by
Achievements
This vendor's trending score is rising, M3 (Accounting) is the #2 most trending product in the Hotel Accounting Software category (out of 39) and the #40 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum
Learn moreM3 has opened its internal systems to Hotel Tech Report and earned the Verified Support Certification.
Learn more about this achievement in the official press releaseHoteliers voted M3 as the #1 Hotel Accounting Software provider in the 2024 HotelTechAwards
Learn about the HotelTechAwards rigorous 3-month process to rank the best hotel software in the worldThis vendor has earned the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.
Learn about the criteria required to achieve HotelTechReport's Certificate of ExcellenceHotel 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 how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the worldRecommended for
Average
This product is priced in line with the average product in the category which is usually an indicator that it is a standard product with standard functionality designed for typical operations and use cases and properties.
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M3 Case Studies
References
"We have been able to hand our hotel General Managers a tool to see their labor costs versus their budget on a daily, weekly, bi-weekly, bi-monthly, and monthly basis"
"It is no doubt that M3 is more streamlined, more efficient, and is positively driving our bottom line"
"Insight's ability to integrate with third-party data, such as Smith Travel and brand Guest Satisfaction Scores (GSS), is important because owners want to see more than just the revenue from the day."
"Being able to consolidate information very efficiently has saved countless amounts of work hours."
"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."
"If you are in the hotel business, you use M3!"
Featured Customers
Popularity by Segment
Size
26 | X-Small (1-9 room)
13 | Small (10-24 room)
58 | Medium (25-74 room)
264 | Large (75-199 room)
150 | X-Large (200+ room)
Country
462 | United States of America
20 | Canada
6 | Bahamas
4 | United Kingdom
3 | Mexico
3 | Singapore
2 | Cayman Islands
2 | India
1 | New Zealand
1 | Italy
1 | United Arab Emirates
1 | Kenya
1 | Malaysia
1 | Denmark
Type
371 | Branded Hotels
209 | Bed & Breakfast & Inns
164 | Limited Service & Budget Hotels
153 | Boutiques
143 | Airport/Conference Hotels
120 | Luxury Hotels
112 | Resorts
92 | City Center Hotels
67 | Extended Stay & Serviced Apartments
23 | Hostels
23 | Motels
13 | RV Parks & Campgrounds
12 | Casinos
6 | Vacation Rentals & Villas
Region
485 | North America
8 | Central America
6 | Europe
6 | Asia Pacific
1 | Oceania
1 | Middle East
1 | Africa
Category
443 | Hotel Accounting Software
159 | Business Intelligence
158 | Scheduling & Labor Management
More Products by M3
Hotelier Rating
Hoteliers like M3 for its ability to streamline daily and monthly financial operations, integrate seamlessly with various PMS systems, and store invoice images directly in the accounting system, thereby improving the overall efficiency in managing accounts payable. Users particularly appreciate its ease of use for new staff, customizable reporting features, and the significant reduction in manual data entry. However, frequent software slowdowns, image scanning issues, and outdated interfaces are common concerns. Addressing these glitches could further enhance its potential to elevate profitability and reduce operational costs for hotels.
AI-generated from the text of customer reviews
Looking for specific info?
Good product but needs improvement
from 100 to 199 room Branded Hotel in Santa Cruz (United States of America)
The M3 Experience
Admin and Sales Coordinator from 75-99 room Boutique in Dallas (United States of America)
Best Hospitality Accounting Software
from 50-74 room Luxury Hotel in Desert Hot Springs (United States of America)
M3 is an excellent accounting system for hospitality.
President from 75-99 room Bed & Breakfast & Inn in Englewood (United States of America)
Specialized for Hotel Accounting!
VP Corporate Accounting from 100 to 199 room City Center Hotel in Walla Walla (United States of America)
Simple & Efficient
Assistant General Manager from 100 to 199 room Bed & Breakfast & Inn in Kennesaw (United States of America)
Best Hospitality Software
accountant from 100 to 199 room Bed & Breakfast & Inn in Bristol (United States of America)
Quick and Easy
General Manager from 100 to 199 room Branded Hotel in Morrisville (United States of America)
M3 software makes my work life easier!
Controller from 50-74 room Bed & Breakfast & Inn in Nairobi (Kenya)
Accounting Core
from 100 to 199 room Branded Hotel in Sanbornton (United States of America)
Expert Q&A and Partner Recommendations
Submit RecommendationWhat does this product or service do well?
M3 provides a state of the art software solution for the hoteliers of today. Focusing on cloud-based innovations, M3 is able to offer an entire analysis with integrations, showcasing their strengths in the accounting sphere of hospitality.
Showing all answers to: "What does this product or service do well?"
What differentiates this product or service from the competition?
M3 stands out in their strengths of optimization toward enhancing hoteliers accounting software. M3’s dedication to the hospitality industry showcases an unwavering commitment to both vendors and partners.
Showing all answers to: "What differentiates this product or service from the competition?"
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?
Our partnership with M3 is based on our co-primary objective of providing hoteliers with a one stop solution for their property management and accounting needs. M3 has worked with us and our team to create an integration for hoteliers as a one-stop solution. I would recommend their team and system.
Showing all answers to: "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?"
Posts
M3
3 weeks ago
Blackstone Acquires Majority Stake in Leading Hotel Accounting Software and Services Provider M3
M3
3 months ago
M3 and Paymerang Expand Partnership to Accelerate Payment Automation for Hotel Finance Teams
M3
4 months ago
M3 and AvidXchange Expand Partnership
M3
4 months ago
M3 Honored as Gold Stevie Award Winner In 2024 American Business Awards
M3
5 months ago
Energage Named M3 A Winner of the 2024 Top Workplaces USA
M3
6 months ago
M3 Announces Two New Executive Team Members
M3
6 months ago
M3 Named 2023 Most Innovative Cloud-Based Financial Platform 2023 - North America by Innovation in Business
M3
8 months ago
M3 Named Best Finance & Accounting Software for the 4th Consecutive Year in the 2024 HotelTechAwards
M3
10 months ago
M3 Unleashes Cutting-Edge, Next-Generation Accounting Platform
M3
11 months ago
M3 and Trintech Release New Enhancements to Streamline Financial Processes
M3
1 year ago
M3 Announces Promotion of Two Senior Executives
M3
1 year ago
A Blueprint for Success: Unraveling the Complexities of Budgeting and Forecasting
M3
1 year ago
M3 Achieves Remarkable Q1 Sales Results as the Leading Provider of Back-Office Solutions for the Hospitality Industry
M3
1 year ago
M3 Honored as Gold Stevie® Award Winner in 2023 American Business Awards®
M3
1 year ago
M3 Announces Upcoming 2023 Conference Season Attendance
M3
1 year ago
M3 Named 2022 Best Cloud-Based Financial Platform by Innovation in Business
M3
1 year ago
M3 Named Best Finance & Accounting Software for 3rd Consecutive Year in the 2023 HotelTechAwards
M3
1 year ago
M3 Propelling Into 2023 As It Surpasses 7,500th Hotel Milestone
M3
1 year ago
GF Hotels & Resorts Leverages M3's Back-Office Systems to Achieve Scale, Visibility, & Reliability for It's Portfolio
M3
1 year ago
M3's Boutique Accounting Services Assist North Star Lodging Management in Back-Office Procedures
M3
1 year ago
M3’s Director of Development, Named a Timmy Award Best Tech Manager Finalist
M3
1 year ago
M3 Releases Geofencing and Beacon Features Within Labor Management Mobile App
M3
1 year ago
M3 Eases Back-Office Processes For Summit Hospitality
M3
2 years ago
M3 Releases New Features Within Budget and Forecast Tool
M3
2 years ago
M3 Aids GF Hotels & Resorts in Exponential Growth
M3
2 years ago
M3 Adds 7,000th Hotel as Record Growth Continues
M3
2 years ago
M3 Wins Globee® in the 14th Annual 2022 Golden Bridge Business and Innovation Award
M3
2 years ago
M3 Releases New Features Within Labor Management Mobile App
M3
2 years ago
M3 Recognized as Top Employer in Greater Atlanta Area
M3
2 years ago
M3 Recognized as Company of the Year - Hospitality & Leisure in 2022 American Business Awards®
M3
2 years ago
M3 Benefits Luminous Hotel Management Through the Power of It's Top Rated Hotel Accounting Solution
M3
2 years ago
M3 and Trintech Announce Strategic Partnership to Help the Hospitality Industry Streamline and Automate the Financial Close Process
M3
2 years ago
M3 Helps Launch $350k Ukraine Relief Initiative by Becoming a Founding Partner of HospitalityforPeace.org
M3
2 years ago
M3 Announces Keynote Speaker for 2022 Partners’ Meeting
M3
2 years ago
M3’s New Mobile App Takes the Work out of Labor Management
M3
2 years ago
M3 Named Best Reporting & Accounting Software in 2022 HotelTechAwards
M3
2 years ago
M3 Launches M3 Expense Management, Powered by SIB, Offering Cost Reductions and Spend Analyses to Customers
M3
2 years ago
M3 to Showcase Latest Offerings and Developments at 2021 HITEC Dallas
M3
3 years ago
How To Choose a Hotel Accounting Package
M3
3 years ago
M3 Receives National Recognition as Top 2021 Employer
M3
3 years ago
M3 Looks Ahead to 2021 AAHOA Convention
M3
3 years ago
M3 Named Gold Globee® Winner in the 13th Annual 2021 Golden Bridge Business and Innovation Awards
M3
3 years ago
M3 Welcomes Over 25 New Accounting Core Customers
M3
3 years ago
M3 Launches Labor Management Mobile App
M3
3 years ago
M3 Donates $100,000 to Support India COVID-19 Relief
M3
3 years ago
M3 Welcomes Sage Hotel Management to Growing Customer Base
M3
3 years ago
How Hoteliers Should React to New Forecasting Challenges in 2021
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M3 has opened their internal support tools and processes to Hotel Tech Report and has achieved the GCSC Support Certification which verifies the tools and processes they have in place to support customers.
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