News for the Hospitality Executive
Analytics, and Reporting Processes
The leader in hotel accounting software, M3 continues adding to its wide and diverse client base
PALM BEACH, Fla. & GAINESVILLE, Ga. (November 7, 2012) -- M3 Accounting Services, the national leader in hotel accounting software, is pleased to announce a new partnership with national hotel management company Island Hospitality Management that will put M3’s business intelligence and analytics software in over 80 additional hotels across the United States.
Overall, M3’s client portfolio includes more than 3,000 hotels, making it the top company in the country for hotel-specific accounting, operational reporting, and analytics software. Owners, operators, and third-party managers use M3’s web-based products to streamline processes, reduce expenses, and improve data-based decision-making.
Island president Tim Walker is already seeing obvious improvements since M3 launched last month, “M3’s customizable, automatic, and transferable reporting is already making a difference in how we look at financial and managerial decisions – from the data to the interface, you can really tell that a lot of experienced thought has gone into creating these tools.” Among the features, M3 clients can seamlessly and immediately view guest satisfaction data alongside financial reports and comp set data for each property.
“And as we look to double the size of our company in the next three to four years, M3 will certainly play an integral role to help ensure we’re making the best use of our time and money.”
Scott Watson, vice president of sales for M3 Accounting Services, said, “Island Hospitality is definitely one of the major players in the industry and respected by their peers. We’re pleased to be working with them and to assist them in their current and future growth.”
About Island Hospitality Management
Headquartered in Palm Beach, Florida, Island Hospitality Management, LLC, is an independent, third party management company. Island operates more than 80 hotels under six different brands – primarily premium select-service hotels, upscale, extended-stay properties, and upscale hotels – in 22 states and the District of Columbia. More at www.IslandHospitality.com.
About M3 Accounting Services
M3 is the national leader in hotel-specific accounting software, processing more than $8 billion in financial transactions for more than 3,000 properties. M3’s integrated suite of hospitality accounting products includes: AccKnowledge, M3 Link, payroll and labor management services, and document imaging – all designed to help provide hotel operators, owners and managers unsurpassed access to the information they need. The company was founded in Gainesville, Georgia in 1998. More at www.M3AS.com.
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