Hospitality software company Actabl has forged a strategic alliance with M3, a financial and operational management solutions provider for the hospitality industry.
This partnership is aimed at optimising hotel operations by offering application programming interface (API) connectivity.
It will deliver seamless data integration and analysis for hoteliers as well as deliver accurate data and analysis through an advanced interface.
Actabl CRO Jason Luo said: “This strategic alliance empowers mutual customers with access to industry-leading financial and operational functionality across both Actabl and M3 platforms. Together, we provide a comprehensive and streamlined approach to hotel management.”
“By accessing robust data sources and leveraging modern technology, hoteliers can confidently make informed business decisions about their properties and portfolio.”
The collaboration will also look to address the current labour shortage in the hospitality industry.
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By GlobalDataIt intends to reduce the need for manual data entry and system exports, catering to the evolving needs of hospitality businesses.
By automating these processes, hotel staff are expected to redirect their focus towards revenue-generating tasks and decision-making.
M3 president Casi Johnson said: “We are thrilled to embark on this strategic alliance with Actabl, a step that signifies our joint dedication to empowering hoteliers.
“The combined M3 + Actabl solutions, driven by new API connectivity, deliver precise data and analysis through the best interface and revolutionise the industry by drastically reducing manual processes. M3 and Actabl are dedicated to meeting the evolving needs of leading hospitality businesses.”
Earlier this year, Actabl partnered with Avalara to deliver automated tax reporting and data management solutions to the hotel sector.
The partnership between the two companies is expected to consolidate revenue and tax data from various business systems, streamlining tax compliance processes via automation.