M3
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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Allen Read
Privately held, employee owned and growing consistently for 23 years, M3 touts a 95% customer retention rate without contracts and offers free upgrades and enhancements regularly.
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A Blueprint For Success:Unraveling The complexities Of Budgeting and Forecasting
Budgeting stands as a pivotal process for hoteliers, allowing them to strategically structure their operations, personnel, and resources to meet their forthcoming financial objectives. P&L benchmarking offers a valuable framework to facilitate accurate financial strategies by providing insights into financial performance relative to industry peers and empowering them to make data-driven decisions during the budgeting process. During the budget and forecast season, it is essential to consider various factors and follow best practices to ensure precise and realistic budgets.
