Minneapolis, MN - September 23, 2004 - CSM Lodging,
a division of Minneapolis-based CSM Corporation, a diversified real estate
development company, has implemented the Hotel-Specific® accounting
software of M3 Hotel Accounting of Gainesville, Georgia. CSM now
owns and operates 34 hotels across the United States.
The
decision to move to M3 Accounting was two-fold: CSM Lodging will save thousands
of dollars a year by allowing M3 to host their back office accounting system.
Additionally, they will gain vital hotel-specific functionality that their
previous accounting system did not provide.
�CSM Lodging needed enhanced accounts payable features to lower their
total cost of processing invoices,� said Allan Duarte, VP of Information
Technologies at M3. Under the direction of CSM Lodging Controller Terry
Steffen and his staff, M3 software developers quickly created the software
to accomplish Enterprise Check Writing. �Thanks to CSM, not only
do they have a more robust accounts payable module, but all 88 Hotel Management
Company clients of M3 can now take full advantage of this new features
too,� said Duarte.
For nearly six years, M3 has thrived by creating win-win relationships
with its clients by bringing them the current technology they need to lower
expenses and increase productivity. In this specific case, CSM-as
well as other M3 clients-will save thousands of dollars annually by using
the enhanced check writing features of AccKnowledge. AccKnowledge
has become the standard for Hotel-Specific accounting.
�The addition of M3 to our accounting process keeps us on the cutting
edge of technology,� says Robin Kirk, President of CSM Lodging, �and allows
us to glance into our hotels� financial performance with up-to-the-minute
data. With accurate real-time information, we can move quickly and
make better management decisions.� �It also allows us to streamline
our accounting procedures, thus providing increased efficiency.�
CSM Lodging operates Marriott, Hilton, Holiday Inn and Country Inn hotels
in a portfolio of 34 hotels for CSM Corporation. Founded in 1976,
CSM Corporation engages in acquisition, development, leasing, management
and ownership of quality real estate assets across the United States.
M3
provides 88 Hotel Management Companies with the software they need to meet
the daily challenge of working most efficiently. M3�s industry leading
application called AccKnowledge replaces your 45-day-old reports of �what
happened� with real-time, useful Decision Support Data, accessible at the
click of a mouse. |