M3 (Accounting)
4.4 (430 REVIEWS)
Justin, Kathey, Laura + 15 more experts recommend M3
Read RecommendationsM3 (Accounting)
Ranked 1 (out of 35) in Finance & Accounting Software
Hoteliers voted M3 as the #1 Finance & Accounting Software provider in the 2023 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 431 hotels
Davidson Hospitality, Hotel Equities, Sage Hospitality & 428 others
Ratings Summary
Recommended by
Achievements
This vendor's trending score is rising, M3 (Accounting) is the #1 most trending product in the Finance & Accounting Software category (out of 35) and the #26 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 Finance & Accounting Software provider in the 2023 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
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
Pricing
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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Success Stories
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
10 | X-Small (1-9 room)
5 | Small (10-24 room)
30 | Medium (25-74 room)
234 | Large (75-199 room)
188 | X-Large (200+ room)
Country
473 | United States of America
18 | Canada
2 | Cayman Islands
2 | United Kingdom
2 | Philippines
1 | Bahamas
1 | India
1 | Denmark
Type
315 | Branded Hotels
101 | Limited Service & Budget Hotels
100 | Bed & Breakfast & Inns
66 | Luxury Hotels
58 | Resorts
50 | Boutiques
42 | Airport/Conference Hotels
30 | Extended Stay & Serviced Apartments
18 | Hostels
14 | Motels
11 | City Center Hotels
10 | RV Parks & Campgrounds
5 | Vacation Rentals & Villas
2 | Casinos
Region
491 | North America
3 | Europe
3 | Asia Pacific
3 | Central America
Category
430 | Finance & Accounting Software
159 | Business Intelligence
154 | Scheduling & Labor Management
More Products by M3
Hotelier Rating
Used for Invoices and Budget Management
Assistant General Manager from 75-99 room Branded Hotel in Lincoln (United States of America)
Great tool for accounting and forecast
General Manager from 100 to 199 room Branded Hotel in Maple Grove (United States of America)
A review from someone who picked up 2 different Accounting suits in one year
Staff Accountant from 100 to 199 room Boutique in New York (United States of America)
Servicable but slow and cumbersome.
from 75-99 room Bed & Breakfast & Inn in Jackson (United States of America)
Fast and Efficient
General Manager from 50-74 room Bed & Breakfast & Inn in Portsmouth (United States of America)
Excellant software easy to learn and teach!
Area Operations Manager from 500+ room Branded Hotel in Ocean City (United States of America)
Night Auditor POV
Hotel Night Auditor from 75-99 room Bed & Breakfast & Inn in Kihei (United States of America)
WHAT ELSE CAN YOU ASK FOR
staff accountant from 100 to 199 room Boutique in Cebu City (Philippines)
M3 has been easy to work with
General Manager from 75-99 room Bed & Breakfast & Inn in Janesville (United States of America)
Finance
General Manager from 100 to 199 room Boutique in Tampa (United States of America)
Expert Q&A and Partner Recommendations
Submit RecommendationWhat does this product or service do well?
M3's accounting core is the industry standard in accounting because it is designed specifically by and for hoteliers. All other accounting systems needed to be shoe-horned to fit the management company and how hotel operates.
Showing all answers to: "What does this product or service do well?"
What differentiates this product or service from the competition?
As noted above, the key differentiator is M3's sole focus on the hospitality industry and on the features and functionalities that hoteliers need. For example, M3 has invested heavily in integrations with Actabl to make sure that hoteliers avoid manual data entry and other labor-intensive tasks.
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?
M3 not only has an amazing product and intense focus on delivering for their customers - but they also understand that the needs of the customer extend to other products and services (which in turn enhances the experience for the customer). That ecosystem is very powerful.
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
1 month ago
M3 Unleashes Cutting-Edge, Next-Generation Accounting Platform
M3
2 months ago
M3 and Trintech Release New Enhancements to Streamline Financial Processes
M3
3 months ago
M3 Announces Promotion of Two Senior Executives
M3
3 months ago
A Blueprint for Success: Unraveling the Complexities of Budgeting and Forecasting
M3
6 months ago
M3 Achieves Remarkable Q1 Sales Results as the Leading Provider of Back-Office Solutions for the Hospitality Industry
M3
7 months ago
M3 Honored as Gold Stevie® Award Winner in 2023 American Business Awards®
M3
8 months ago
M3 Announces Upcoming 2023 Conference Season Attendance
M3
9 months ago
M3 Named 2022 Best Cloud-Based Financial Platform by Innovation in Business
M3
10 months ago
M3 Named Best Finance & Accounting Software for 3rd Consecutive Year in the 2023 HotelTechAwards
M3
11 months 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
1 year ago
M3 Releases New Features Within Budget and Forecast Tool
M3
1 year ago
M3 Aids GF Hotels & Resorts in Exponential Growth
M3
1 year ago
3 Strategies to Reduce Mail Related Check Fraud at Your Hotel
M3
1 year ago
M3 Adds 7,000th Hotel as Record Growth Continues
M3
1 year ago
M3 Wins Globee® in the 14th Annual 2022 Golden Bridge Business and Innovation Award
M3
1 year ago
M3 Releases New Features Within Labor Management Mobile App
M3
1 year ago
M3 Recognized as Top Employer in Greater Atlanta Area
M3
1 year ago
M3 Recognized as Company of the Year - Hospitality & Leisure in 2022 American Business Awards®
M3
1 year ago
M3 Benefits Luminous Hotel Management Through the Power of It's Top Rated Hotel Accounting Solution
M3
1 year ago
M3 and Trintech Announce Strategic Partnership to Help the Hospitality Industry Streamline and Automate the Financial Close Process
M3
1 year ago
M3 Helps Launch $350k Ukraine Relief Initiative by Becoming a Founding Partner of HospitalityforPeace.org
M3
1 year ago
M3 Announces Keynote Speaker for 2022 Partners’ Meeting
M3
1 year ago
M3’s New Mobile App Takes the Work out of Labor Management
M3
1 year 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
2 years ago
How To Choose a Hotel Accounting Package
M3
2 years ago
M3 Receives National Recognition as Top 2021 Employer
M3
2 years ago
M3 Looks Ahead to 2021 AAHOA Convention
M3
2 years ago
M3 Named Gold Globee® Winner in the 13th Annual 2021 Golden Bridge Business and Innovation Awards
M3
2 years ago
M3 Welcomes Over 25 New Accounting Core Customers
M3
2 years ago
M3 Launches Labor Management Mobile App
M3
2 years ago
M3 Donates $100,000 to Support India COVID-19 Relief
M3
2 years ago
M3 Welcomes Sage Hotel Management to Growing Customer Base
M3
2 years ago
How Hoteliers Should React to New Forecasting Challenges in 2021
Integrations
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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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