M3 Announces Two New Executive Team Members
M3 Announces Two New Executive Team Members
M3, LLC (formerly known as M3 Accounting Services, Inc.) the nation’s #1 hotel accounting software and services provider, announced significant additions to the M3 leadership team. Rich Wilhelm has been appointed the new Chief Financial Officer (CFO), and Parag Doshi has been appointed as the Chief Technology Officer (CTO) at M3.
Rich Wilhelm: CFO of M3
Rich Wilhelm brings over 29 years of invaluable experience to his role, overseeing the finance and accounting strategy of the company. With an extensive background in the fintech and software industries, Rich has held leadership positions in finance and accounting teams, as well as roles in operations and investor relations. Rich’s previous collaborations with business leaders will provide the necessary financial acumen and strategic insights to drive the success of M3’s business initiatives. Rich’s wealth of expertise positions him as a key asset in steering M3’s financial success and strategic growth.
In his new capacity, Rich will oversee all aspects of M3’s financial planning and reporting while focusing on developing strategies. With his expertise in financial analysis, Rich will play a critical role in driving the financial strategy within M3.
Parag Doshi: CTO of M3
Parag Doshi is renowned for propelling unprecedented technological growth. A visionary and entrepreneurial leader, Parag seamlessly merges academic prowess with an unwavering passion for innovation—embodied by his personal mantra “innovate at the speed of imagination.” Known for building teams from the ground up, Parag fosters a culture of innovation through trust and openness. Parag brings a unique blend of academic excellence and engineering rigor, with a growth mindset, poised to scale M3 to ensure the company’s long-term success and drive innovations in hospitality-specific technology.
Parag will oversee the technological direction of the company, developing and implementing strategies to align technology with M3’s business objectives and long-term goals. Parag will play a critical role in ensuring the organization remains competitive in a rapidly evolving digital landscape.
M3 boasts the distinction of being the premier provider of hotel-specific accounting software in North America. Presently, M3 offers a wide array of solutions, including accounting software, labor management and modeling, business intelligence, and full-service outsourced accounting services. M3’s cutting-edge technology seamlessly integrates with most Property Management Systems (PMS), Point-of-Sale (POS), and other hospitality technology solutions.
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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