Streamline hotel accounting, labor management, and financial reporting for efficient operations.
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47 reviews trackedThe Bottom Line
Entry price
Paid plans only
Biggest pro
Specifically designed for the hospitality industry, addressing unique hotel operational needs.
Biggest con
No free trial or free tier is mentioned.
TL;DR - M3
- Automates hotel accounting and financial reporting.
- Manages labor costs with demand-based scheduling.
- Provides actionable business intelligence through visual dashboards.
Pricing: Paid only
Best for: Enterprises & pros
4.0/5 across review platforms
What is M3?
M3 provides comprehensive, hotel-specific software solutions designed to automate financial reporting, reduce manual labor, and simplify operations for hoteliers. With over 25 years of experience, M3 offers a suite of tools including enterprise-level accounting (Accounting Core™) and a streamlined version for growing portfolios (CoreSelect™), alongside labor management and business intelligence platforms.
The platform is built to provide real-time financial visibility, enabling owners, operators, and corporate teams to boost efficiency, control costs, and make confident decisions. M3 also offers professional accounting services with on-demand experts and integrates with a wide range of third-party systems, including PMS, to centralize hotel operations and data.
Available on: Web
Pros & Cons
Pros
- Specifically designed for the hospitality industry, addressing unique hotel operational needs.
- Offers both enterprise and streamlined accounting solutions to fit different portfolio sizes.
- Provides real-time financial visibility and actionable business intelligence for informed decision-making.
- Helps control labor costs through demand-based scheduling and visual analytics.
- Ensures compliance with GAAP and USALI standards for financial reporting.
Cons
- No free trial or free tier is mentioned.
- Pricing details are not publicly available, requiring direct contact for quotes.
Ratings Across the Web
4(47 reviews)
Ratings aggregated from independent review platforms. Learn more
Preview
Key Features
Enterprise hotel accounting software (Accounting Core™)Streamlined accounting for growing portfolios (CoreSelect™)Demand-based labor schedulingVisual dashboards for labor cost comparison against budget/forecastAggregated business intelligence from multiple systems (Insight™)Real-time financial visibility across entire hotel portfoliosProfessional accounting services (full-cycle or a la carte)Integration with leading property management systems (PMS)
Pricing
Paid
M3 offers paid plans. Visit their website for current pricing details.
Reviews
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4.0/5
Across 47 verified user reviews on Capterra, G2
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Best M3 Alternatives
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Sage IntacctFreemium
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AptechPaid
Specialized financial management and business intelligence solutions for the hospitality industry.
AgilysysFreemium
Comprehensive hospitality software solutions for hotels, resorts, casinos, and food & beverage operations.
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M3 FAQ
How does M3 help hotels manage their financial reporting?
M3 provides hotel-specific software solutions that automate financial reporting, helping hoteliers simplify operations and gain real-time financial visibility. It ensures compliance with GAAP and USALI standards, offering tools like Accounting Core™ and CoreSelect™ for different portfolio sizes.
Which teams within a hotel organization would benefit most from M3?
M3 is designed to benefit owners, operators, and corporate teams by providing tools for efficient operations, cost control, and informed decision-making. It supports accounting, labor management, and business intelligence functions across the organization.
How does M3 compare to Aptech for hotel accounting solutions?
M3 is specifically designed for the hospitality industry, offering solutions like Accounting Core™ and CoreSelect™ to address unique hotel operational needs. It focuses on real-time financial visibility and compliance with industry-specific standards such as USALI.
What kind of integrations does M3 support with existing hotel systems?
M3 integrates with a wide range of third-party systems, including Property Management Systems (PMS), to centralize hotel operations and data. This connectivity helps streamline workflows and enhance data accuracy across different platforms.
How is M3 priced for hotel businesses?
M3 is a paid product, and pricing details are not publicly available. Prospective customers need to contact M3 directly to obtain a quote tailored to their specific needs and the size of their hotel portfolio.
What are the main limitations a hotel should consider when evaluating M3?
A key limitation is that M3 does not offer a free trial or a permanently free tier for evaluation. Additionally, specific pricing details are not publicly disclosed, requiring direct engagement with the company for a quote.
Can M3 help hotels manage labor costs and scheduling?
Yes, M3 includes labor management capabilities designed to help hotels control costs through features like demand-based scheduling and visual analytics. This allows for more efficient workforce planning and operational adjustments.
Source: m3as.com