M3, the premier cloud-based financial platform for the hospitality industry, is proud to announce a strategic partnership with Edenred, a leading services and payments platform. This collaboration is set to redefine financial operations for hoteliers, delivering seamless, secure, and efficient financial solutions tailored to the unique needs of the hospitality sector.
M3’s industry-leading financial management platform, combined with Edenred’s innovative payment automation solutions, offers hospitality businesses a comprehensive and integrated approach to financial operations.
A host of transformative benefits for hospitality businesses is delivered through this partnership. Automating manual back-office tasks significantly reduces administrative burdens and saves valuable time, allowing teams to focus on delivering exceptional guest experiences. Enhanced security measures, including robust fraud prevention and encrypted data management, ensure that financial transactions are conducted with the highest level of protection.
Hoteliers will gain real-time financial insights through intuitive dashboards and analytics, providing the transparency needed for confident decision-making. Supplier payments are streamlined with flexible options and industry-leading vendor enablement services, improving relationships and operational efficiency. Additionally, businesses can unlock new revenue growth opportunities through cash-back rebates on virtual cards and Edenred Pay Network payments, turning routine transactions into a strategic advantage.
This partnership with Edenred Pay aligns perfectly with our mission to empower hoteliers with cutting-edge tools that drive efficiency and profitability. Together, we’re offering an all-in-one solution that streamlines financial management and positions our customers for long-term success. Casi Johnson, President at M3
M3’s financial platform, trusted by over 1,000 management groups and owner-operators, integrates seamlessly with other essential systems in the hospitality industry. Edenred Pay’s expertise in payment automation complements this by providing secure, scalable, and innovative solutions that transform how hotels manage their financial operations.
Edenred Pay is committed to transforming financial operations by making supplier payments seamless, secure, and value driven. Our partnership with M3 brings this vision to the hospitality industry, empowering hoteliers with a smarter, more automated approach to financial management. Together, we’re not only streamlining payments but also unlocking new opportunities for efficiency, cost savings, and revenue generation. Edenred Pay, General Manager, Alex Hoffmann
ABOUT EDENRED PAY
Edenred Pay, an Edenred Company, is a leader in invoice-to-pay automation and has extensive experience in the property management industry. Our integrated platform automates, optimizes, and monetizes the entire invoice-to-pay cycle, from invoice receipt through payment reconciliation. And we connect buyers with suppliers, ERPs, banks, Fintechs, and payment rails to improve efficiency, enhance visibility, mitigate the risk of payment fraud, and deliver value to the enterprise. Visit www.edenredpay.com to learn more.
ABOUT EDENRED
Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting 60 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.
Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. In 2023, thanks to its global technology assets, the Group managed €41 billion in business volume, primarily carried out via mobile applications, online platforms and cards.
Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.
About M3
Built by hoteliers, exclusively for hoteliersTM, M3 is a robust cloud-based financial platform and services company serving over 9,000 entities across North America’s hospitality industry helping drive cost savings, revenue enhancement, and business insight. With over 25 years in business, 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. It offers robust accounting and financial analysis across entire portfolios with optional operations and time management features. M3’s Professional Services team provides on-demand accounting and bookkeeping support for hotels and portfolios of any size by offering a full range of customized accounting solutions that can scale with a hotelier’s needs. Privately held and employee-owned, M3 continues to constantly enhance products and services with regular releases and updates. “M3”, “CoreSelect”, “M3 Concierge”, “Built by hoteliers, for hoteliers,” and “Accounting Core” are all trademarks owned by M3; all other marks are owned by their respective owners.
For more information, visit www.m3as.com.
Danielle Abram
Content Marketing Specialist
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