Hotel Online  Special Report

M3 Hotel Accounting Now Offers Flex Budgeting
Management Listened Carefully
Gainesville, GA, MAY 17, 2006 – Launched in 1998, M3 became the first to offer hosted accounting applications, specifically for the hotel industry.  Since that time, the program has been updated numerous times as a direct result of client needs.

M3 software now offers Flex Budgeting as part of AccKnowledge, which is M3s proprietary application comprised of hotel-specific and traditional accounting modules.

“Our clients expressed interest in having this tool.  We created it for them and added it at no additional cost for AccKnowledge users,” said Rick Frommer, Director of Sales for M3.

An AccKnowledge Flex Budget report can show management exactly how much money is in select income and expense accounts in relation to the hotel’s budget.  There are three critical aspects of this report: 

  1. The budget has automatically been adjusted (or flexed) to accommodate actual sales and expenses.
  2. The data is accurate to the minute the report is run.
  3. Management pre-determines the criteria for the adjustment of each line item they select for inclusion in their reports.
For more information, contact Rick Frommer at 770.329.9704, or log on to the website:


Karen McKinney
Corporate Communications

Also See: M3 Hotel Accounting to Add 1000th Hotel in 2006 / March 2006
M3 Hotel Accounting Reaches Milestone - 100 Hotel Management Companies / April 2005
M3 Hotel Accounting Completes Cash Management Enhancement / February 2005
GEO Hospitality Management Selects M3 Hotel Accounting and Payroll to Provide Accounting and Management Software / September 2004
M3 Hotel Accounting & Payroll Tops 500 / May 2004
M3 Hotel Accounting & Payroll Celebrates 5 Year Anniversary / April 2004
Centurion Management selects M3 Hotel Accounting and Payroll / November 2003
M3 Accounting & Payroll Assists with Birth of Twins / August 2003
American Hospitality Management Company Selects M3 Hotel Accounting / April 2003
M3 Accounting & Payroll Gains 16 New Clients in 2003 / April 2003
M3 Accounting Grows to 50 Clients within 40 Months / Aug 2002
Hotel Executives Now Mining Data from their Hotels’ Prior Daily Report Information Using M3’s InnQuire Software / Oct 2000
M3 Hotel Accounting Provides Internet based Accounting System; Connecting Accounting Functions from Multiple Locations to the Corporate Office / April 2000

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