Back To News/PR Index
|

|
M3 Unleashes Budget & Forecasting for Hoteliers
|
Powerful web-based tool seamlessly integrates data from accounting and analytics platforms
|

M3�s web-based Budget & Forecasting tool made a sneak preview in June at the Hospitality Industry Technology Exposition & Conference (HITEC), sparking intrigue among long-time customers and those new to M3. The Budget & Forecasting tool will allow M3 customers to take advantage of the integration of real-time data pulled directly from M3�s proprietary accounting platform, AccKnowledge®, and business analytics dashboard and reporting tool, M3 Link®. Customers will be able to make changes in one place and have it populate across the platforms, ensuring ease of use, minimizing manual input and data management, and reducing, if not eliminating, errors that can occur when using multiple platforms to accomplish these tasks.

�The real beauty of the Budget & Forecasting tool lies in its seamless integration of financial data that is inherent to the AccKnowledge® environment,� explained Casi Johnson, Chief Operations Officer for M3. �We can leverage reports already built into the accounting platform without having to recreate them, allowing for improved accuracy and efficiency in developing budget and forecasting models.�

Through forecasting, the M3 platform expands its success from a proven, powerful accounting software into a steadfast daily operations tool. Hotel operators and general managers have precise access to historical financial and reporting data, which provides an environment to develop more accurate forecasts to improve hotel performance. �If the data is mission-critical for our customers, our goal is to put it all at their fingertips through M3 technology�, shared Scott Watson, M3�s Executive Vice President of Sales & Marketing. Watson also indicates, �While there are products that back-door data points and manipulate data streams, M3�s best-of-suite infrastructure eliminates misapplication of data and manual data entry which inherently reduces mistakes and improves efficiencies.�

As M3 remains committed to continuously enhancing and evolving its products, additional enhancement phases have already been slated for Budget & Forecasting, including workflow, enterprise level features and an advanced revenue room builder. Customers will experience many of these new product features in coming months, prior to year-end.

If your organization would benefit from the integration of Budget & Forecasting into your hotel accounting and analytics platform, contact M3 sales for a personalized demonstration of this powerful new tool. Call 770-531-3745 or email sales@m3as.com for more information.

About M3 Accounting + Analytics
M3 is the national leader in hotel-specific accounting software, operations reporting, business intelligence and analytics, processing more than $21 billion in financial transactions for more than 4,500 properties. M3�s integrated suite of hospitality accounting products includes: AccKnowledge®, M3 Link®, M3 RightTime® payroll and labor management services, and document imaging and retrieval � all designed to help provide hotel operators, owners and managers unsurpassed access to the information they need in the most integrated and cost-effective manner. M3 also offers outsourced hotel accounting solutions via M3 Professional Services. More information is available at www.M3AS.com.

Media Contact:
Paula MacDonald
for M3 Accounting + Analytics
813-419-2494