US-based hospitality accounting software provider M3 has expanded its collaboration with Paymerang, which offers accounts payable automation solutions.
This collaboration aims to jointly market Paymerang’s payment automation technology to customers of M3 Accounting Core through M3’s new strategic alliance programme.
Go deeper with GlobalData
Paymerang CEO Nasser Chanda said: “We’re thrilled to build on our relationship with M3, under their new strategic alliance programme, a valued partner since 2019. 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.”
The integration of Paymerang’s solution with M3 Accounting Core allows for swift and secure electronic payments to vendors, eliminating the need for manual checks and reducing the risk of fraud.
The combination of Paymerang’s software and its dedicated payment operations team offers hoteliers a tool to automate their payment processes.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThis technology frees up finance staff to focus on strategic initiatives, improving guest experiences and increasing hotel profitability, M3 stated.
M3 president Casi Johnson said: “Through our collaboration and long-term partnership with Paymerang, we empower each hotel operator to leverage payment automation, thus optimising their accounting processes and granting immediate insight into their financial status.”
Earlier this month, hospitality software company Actabl struck a partnership with M3 to optimise hotel operations by offering application programming interface API connectivity.
