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 2022, 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.
- 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 143 words used.
Built by hoteliers exclusively for hoteliersTM, M3 is a robust cloud-based financial platform and services company serving over 8,000 properties across North America's hospitality industry helping drive cost savings, revenue enhancement, and business insight. After almost 25 years in business, M3 touts a 95 percent customer retention rate. Used by over 1,000 management groups, owner-operators, and hotels of all sizes, the platform works seamlessly with other key systems and tools in the hospitality industry. It offers robust accounting and financial analysis across entire portfolios with optional operations and time management features. M3's Professional Services team provides on-demand accounting and bookkeeping support for hotels and portfolios of any size by offering a full range of customized accounting solutions that can scale with a hotelier’s needs. Privately held and employee-owned, M3 continues to constantly enhance products and services with regular releases and updates.
- 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 2022 that you wish to bring to the judges' attention (up to 250 words):
Total 232 words used.
2022
- January 2022: M3 Named Best Reporting & Accounting Software in 2022 HotelTechAwards
- 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 Wins Globee® in the 14th Annual 2022 Golden Bridge Business and Innovation Awards
- September 2022: M3 Release New Features Within Budget and Forecast Tool
- September 2022: M3 Releases Geofencing and Beacon Features Within Labor Management Mobile App
- September 2022: M3’s Director of Development, Named a Timmy Award Best Tech Manager Finalist
- December 2022: M3 Propelling Into 2023 As It Surpasses 7,500th Hotel Milestone
2023
- January 2023: M3 Named Best Finance & Accounting Software for 3rd Consecutive Year in the 2023 HotelTechAwards
- February 2023: M3 Recognized as 2022 Best of Gwinnett Winner
- February 2023: M3 Named 2022 Best Cloud-Based Financial Platform by Innovation in Business
- May 2023: M3 Honored as Gold Stevie® Award Winner in 2023 American Business Awards®
- May 2023: M3 Achieves Remarkable Q1 Sales Results as the Leading Provider of Back-Office Solutions for the Hospitality Industry
- August 2023: M3 Announces Promotion of Two Senior Executives
- September 2023: M3 and Trintech Release New Enhancements to Streamline Financial Processes
- November 2023: M3 Unleashes Cutting-Edge, Next-Generation Accounting Platform
- 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 249 words used.
Throughout the past year, hotel operators have recognized significant advantages in adopting and utilizing back-office technology. M3 technology has proven instrumental in reducing operational expenses while enhancing overall efficiency and precision. M3 software empowers hoteliers by consolidating various data points onto a single platform, allowing them to obtain a precise financial and operational overview spanning multiple hotels.
M3 has undergone remarkable exponential growth, affording the company the opportunity to dedicate attention to enhancing its product portfolio. A testament to this commitment is the unveiling of M3 CoreSelect™, the latest software launch from M3. This cutting-edge offering heralds a new era in hospitality tech advancement and innovation, meticulously crafted by seasoned hoteliers for their industry counterparts.
M3's CoreSelect™ software not only introduces a state-of-the-art accounting solution but also signifies a comprehensive improvement across its product suite. The company has extended mobile capabilities, forged strategic partnerships, and demonstrated a commitment to employee development through impactful educational and growth initiatives. M3 is not just adapting to change; it is driving transformative progress within the realm of hospitality technology.
For three consecutive years, M3 has earned the prestigious title of Best Reporting and Accounting Software in the HotelTechAwards. This award, determined through customer feedback and critical proprietary data signals such as integration compatibility, organizational health, market share, partner network strength, and customer support quality, underscores M3's leadership in fulfilling back-office requirements within the hospitality sector. Winning the HotelTechAwards reaffirms M3's position as the foremost accounting and reporting software provider in the hospitality industry.
- 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 192 words used.
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