Company: M3, Lawrenceville, GA
Company Description: Built by hoteliers, exclusively for hoteliers, M3 is a powerful cloud-based financial platform and services company serving over 6,900 hotel properties across North America’s hospitality industry by driving cost savings, revenue enhancement and business insight.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Hospitality & Leisure - Medium
 Nomination Title: M3
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
Written answers.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 114 words used.
Built by hoteliers, exclusively for hoteliers, M3 is a powerful cloud-based financial platform and services company serving over 7,500 properties across North America’s hospitality industry by driving cost savings, revenue enhancement, and business insight. After 24 years in business without increasing prices, M3 touts a 95 percent customer retention rate. Used by over 1,000 management groups and owner-operators and hotels of all sizes, the platform works seamlessly with other key systems and tools in the hospitality industry and offers robust accounting and financial analysis across entire portfolios with optional operations and time management features. Privately held and employee-owned, M3 continues to enhance products and services at no additional charge to its customers.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):
Total 249 words used.
2021
- January 2021: M3 Named Best Reporting and Accounting Software in 2021 HotelTechAwards
- February 2021: M3 Named to Top 2020 Best Employers by Gwinnett Magazine
- March 2021: M3 Receives Atlanta Journal-Constitution 2021 Top Workplaces Award
- June 2021: M3 Donates $100,000 to Support India COVID-19 Relief
- June 2021: M3 Launches Labor Management Mobile App
- July 2021: M3 Named Gold Globee Winner in the Golden Bridge Business and Innovation Awards
- August 2021: M3 Receives National Recognition as Top 2021 Employer
- October 2021: M3 Launches M3 Expense Management, Powered by SIB, Offering Cost Reductions and Spend Analyses to the Hospitality Industry
- October 2021: M3 Achieves Level I Global Support Certification
2022
- January 2022: M3 Named Best Reporting & Accounting Software in 2022 HotelTechAwards
- March 2022: M3 Helps Launch $350k Ukraine Relief Initiative by Becoming a Founding Partner of HospitalityforPeace.org
- March 2022: M3 and Trintech Announce Strategic Partnership to Help the Hospitality Industry Streamline and Automate the Financial Close Process
- May 2022: M3 Recognized as Top Employer in Greater Atlanta Area
- May 2022: M3 Recognized as Company of the Year – Hospitality & Leisure in 2022 American Business Awards®
- June 2022: M3 Releases New Features Within Labor Management Mobile App
- June 2022: M3 Wins Globee® in the 14th Annual 2022 Golden Bridge Business and Innovation Awards
- June 2022: M3 Adds 7,000th Hotel as Record Growth Continues
- September 2022: M3 Releases New Features Within Budget and Forecast Tool
- September 2022: M3 Releases Geofencing and Beacon Features Within Labor Management Mobile App
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 245 words used.
The pandemic was the great reset of the hospitality industry and now the industry is changing more than ever before. Technology is being used at a record high rate for not only guest facing facets, but also for back-office processes to streamline operational and financial processes.
Over the past year, hoteliers have seen tremendous value in implementing back-office technology, as they help to lower operational costs, and increase overall efficiency and accuracy. M3 has onboarded nearly 600 hotels onto its platform since January 2022, providing hoteliers with the ability to bring multiple data points into one platform, enabling them to have an accurate financial and operational snapshot across multiple hotels.
Within the last year, M3 has enhanced products, implemented further mobile capability with product offerings, expanded partnerships to further streamline back-office processes for hoteliers, fostered employee growth through educational and growth programs, and helped the local community and the world at large by helping launch HospitalityforPeace.org.
M3 has been named the Best Reporting and Accounting Software for three consecutive years in the HotelTechAwards. The HotelTechAwards determine the best hotel software products based on customer feedback and key proprietary data signals such as integration compatibility, organizational health, market share, partner network strength, and customer support quality. Winning the HotelTechAwards is a testament to how M3 is the leading provider of back-office needs in the hospitality industry.
M3 believes that focusing on customers, employees, and community involvement will foster success for a company that will not waiver.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 124 words used.
M3's recent case studies and video testimonials are linked below in order to highlight all of the organization's achievements mentioned in question 4.
Recent Case Studies
Recent Video Testimonials
M3 Overview Video
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