M3 Accounting is an exclusive accounting and financial solution for hotels of all sizes. With its rich legacy in the hospitality industry spanning over two decades, the software has become a seamless choice for management groups and owner-operators. Revolutionize your hotel management and optimize customer satisfaction with M3 Accounting today.

M3 Accounting Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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What Is M3 Accounting? 

Overview

M3 Accounting is a robust cloud-based financial platform, and its services are designed exclusively for hoteliers. It seamlessly integrates with other industry systems and tools, catering to the needs of hotels of all sizes. Besides features like labor management, modeling, and data analytics, M3 offers powerful accounting and financial analysis capabilities across entire portfolios.

M3 Accounting Pricing

M3 Accounting pricing varies for each business, depending on their needs and requirements. You can get a customized price estimate of M3 Accounting for your business.

M3 Accounting Integrations

It integrates with several third-party applications, such as:

  • Actabl
  • HotelKey
  • Mews
  • Sabre
  • Omniboost
  • RMS
  • BirchStreet
Schedule a free M3 Accounting demo to learn more about its integrations.

Who Is M3 Accounting For?

M3 Accounting is designed under the supervision of hoteliers to streamline hotel management needs. It is mainly used in the hospitality industry to save costs, drive revenues, and provide business insights.

Is M3 Accounting Right For You?

M3 Accounting is an easy-to-use software and a reliable option for hotel businesses looking to outsource accounting, ensuring compliance with revenue recognition requirements.

Besides that, M3 provides robust accounting and financial analysis across entire portfolios by seamlessly integrating with various third-party tools. Given its continuous updates and improvements, businesses like GF Hotels and Resorts, LBA Hospitality, and Encore Enterprises are a few to name among many of its customers.

Still unsure about M3 Accounting whether it is a suitable choice for you? Contact us at (661) 384-7070, and our experts will guide you to make the right decision.

M3 Accounting Features

By utilizing M3 Accounting, businesses can streamline the accounts payable process from start to finish. So, it helps reduce manual effort, minimize errors, and enhance overall efficiency in managing invoices, vendors, payments, and expenses.

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This feature enables the tracking of customer invoices, automates payment reminders, and provides efficient tools for recording and reconciling customer payments. It results in improved cash flow management, reduced payment delays, and enhanced visibility into the financial health of the business.

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M3 Accounting allows users to create and send accurate and professional invoices to customers. Its users can set up recurring billing and manage billing cycles to ensure timely payment collection through its range of billing and invoicing tools.

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It helps simplify tax compliance by automating tax calculations, generating tax reports, and staying updated with tax laws and regulations for accurate tax filing. Users also get customized reporting options for tax recording and tracking.

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M3 Accounting software allows users to track and manage project-related finances, including budgeting, cost tracking, and revenue recognition. This feature is particularly beneficial for businesses undergoing construction or renovation projects.

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Pros and Cons of M3 Accounting

Pros

  • Easy to use
  • Smooth integration services
  • Customization of financial reports
  • Simple to set up budgets or audit sheets

Cons

  • UI could be improved, as per M3 Accounting reviews
  • Fitful glitches

M3 Accounting Reviews

Overall Rating

4.7

10 Review(s)

Rating Distribution

5

star

(7)

4

star

(3)

3

star

2

star

1

star

October 2022

Solid Accounting Software

Bojan

Hospitality

Ease of use

8

Value for money

10

Customer Support

8

Functionality

10

Pros

The API integration with Cloudbeds and the user friendly reports are noteworthy.

Cons

It would be beneficial to optimize the software for OS X users as there are frequent bugs that affect its functionality.

August 2022

Great for accounts payable/receivable

Nadia

Hospitality

Ease of use

8

Value for money

10

Customer Support

10

Functionality

8

Pros

I like the fact that this software encompasses all the necessary functionalities for reporting, accounts payable, receivable and general reporting. Its great that these features are logically grouped within each menu option. The reports are user-friendly and I particularly enjoy the available templates. Another aspect I like is how the system eliminates the need for paper invoices by scanning and storing all receipts and paperwork as PDF file images.

Cons

Every time I want to print checks manually, I have to manually change the paper in the printer. It would be great if there was an automatic way to do this or if there were multiple trays available. Additionally, the system tends to be a bit slow when loading images.

May 2020

Great accounting program.

Laurie

Hospitality

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I find it fantastic that there are numerous reports available to keep track of budgets and invoices excellently.

Cons

Honestly, there is not anything about M3 accounting software that I dislike. It is really easy to use...

April 2020

M3 review

Iris

Hospitality

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I am impressed by how easy the program is to use. The data sheets align nicely with the paperwork I work with and there are no glitches. It works seamlessly.

Cons

I have no negative feedback to provide about this software.

February 2020

Best Accounting Software for Hospitality Industry

Kerry

Hospitality

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The greatest feature of this software is its ease of use. Its very much user-friendly and it is also easy to train employees on how to use it. The customer support is excellent and always accessible.

Cons

There is nothing about this software that I dislike.

February 2020

M3

zantrail

Marketing and Advertising

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

This software is amazing as all you need to do is input the numbers from your audit print and it automatically files everything for you.

Cons

Currently, there is nothing to dislike about it. It makes my job 100% easier.

August 2019

Always Enjoy This Prodruct

Bethany

Hospitality

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

We have been using M3 for night audit purposes at our hotel for over 5 years. Its very user-friendly for all our reporting needs and their customer service is highly responsive.

Cons

I have no complaints about this software. Any issues we have encountered have been addressed and improved over the years.

June 2019

M3 System

Maureen

Hospitality

Ease of use

7

Value for money

7

Customer Support

7

Functionality

7

Pros

The softwares ability to handle a large amount of financial information and generate detailed reports in Excel or PDF format is excellent! Uploading budgets with a single spreadsheet is effortless. As a first-time user I found the training videos to be helpful.

Cons

The GUI looks outdated and there are occasional system crashes. While running reports is easy, it requires multiple clicks and questions to generate the report. If I realize I selected the wrong property or period after clicking "Finish," I have to redo the steps. Generating the report itself takes a considerable amount of time approximately 15 to 20 minutes per property. Uploading budgets is not an issue anymore but when there is an error, the displayed error message is not very helpful which requires me to troubleshoot and determine the cause of the upload failure.

January 2019

Basic and user friendly!

Anonymous

Not Specified

Ease of use

10

Value for money

8

Customer Support

8

Functionality

7

Pros

It is easy for new users to learn, navigate and use.

Cons

The software has a dated appearance and seems better suited for smaller groups rather than large ones.

December 2018

Hotel accounting made easy

Wesley

Hospitality

Ease of use

8

Value for money

8

Customer Support

8

Functionality

8

Pros

Its an accounting program that is easy to use. Reconciling check registers is not a hassle anymore and managing accounts payable vendors and general ledger entries is pretty easy now.

Cons

Unfortunately, the integration with our PMS is not available and the software lacks accounts receivable functions.

Frequently Asked Questions

Its cost estimate depends on the specific requirements of a business. You can get a personalized M3 Accounting price quote for your business.