M3 and Paymerang Expand Partnership to Accelerate Payment Automation for Hotel Finance Teams
M3 and Paymerang Expand Partnership to Accelerate Payment Automation for Hotel Finance Teams
M3, LLC (“M3” and formerly known as M3 Accounting Services, Inc.), North America’s #1 provider of accounting software and services, and Paymerang, a leading provider of accounts payable (AP) automation solutions for modern enterprises across America, today announced M3 and Paymerang will jointly market Paymerang’s award-winning payment automation technology to M3 Accounting CoreTM customers under M3’s newly restructured strategic alliance program.
The seamless API integration of Paymerang’s solution with the M3 Accounting Core™ solution enables users to swiftly and securely pay vendors electronically, bypassing the manual and fraud-laden check issuance process. With Paymerang’s industry-leading software and dedicated payment operations team, hoteliers gain a turnkey solution that can unleash automation to liberate finance staff for strategic endeavors, ultimately enhancing guest experiences and boosting hotel profitability.
Casi Johnson, President of M3, comments: "Through our collaboration and long-term partnership with Paymerang, we empower each hotel operator to leverage payment automation, thus optimizing their accounting processes and granting immediate insight into their financial status. We're excited to deliver this robust enhancement to our customers.”
“We’re thrilled to build on our relationship with M3, under their new strategic alliance program, a valued partner since 2019,” said Nasser Chanda, CEO of Paymerang. “As a Preferred Partner, Paymerang looks forward to building on the amazing work we’ve been doing to automate AP processes, reduce fraud, and support hotel finance teams during times of unprecedented growth and change. We believe that our solution is a lifesaver for today’s over-worked accounting teams, enabling high employee satisfaction, streamlined hotel operations, and growth through acquisitions. We’re excited to talk more about our solution at the upcoming M3 2024 Partners’ Meeting.”
To learn more about M3 Accounting Core, visit: https://www.m3as.com/software/accounting-core/
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. M3's professional services team provides on-demand support for hotels of any size by offering a full range of customized accounting solutions to scale with a hotel's needs. Privately held and employee-owned, M3 continues to enhance products and services at no additional charge to its customers. For more information, visit www.m3as.com.
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