M3 Unveils Insight, a Business Intelligence Platform for the Hospitality Industry
M3, the leading provider of accounting, business intelligence, and payroll solutions, has launched a new business intelligence platform, Insight. The platform is an end-to-end solution for the hospitality industry that will deliver powerful user-driven interactive dashboards, mobile compatibility, ad hoc reporting, and robust analytics.
Insight is designed as a fully integrated, self-service platform that will replace M3’s existing operations management product. The platform can integrate data from some of the industry’s most recognized data providers, operating statistics, brand data, and M3 financial and labor data into a single environment. An analysis of this integrated data will offer actionable insights into the services and processes of the hotel, allowing the hotel management to make informed decisions. The Insight platform will eliminate the manual process of exporting data and creating reports. The automated process will ensure zero errors with clear and accurate information that used to be missed because of the manual processes.
The M3’s Insight platform offers a pulse alert feature that allows users to set thresholds for particular key performance indicators (KPIs). The pulse alert feature can raise the alarm if a user crosses the threshold for the KPI. In addition to this, the platform also provides at-a-glance centralized data through dashboards, which can be used by the big data analytics platforms in real-time. Insight allows the hotel management to automate, schedule and share customized reports to improve operational efficiencies and boost growth. The user-driven dashboard of the platform will enable users to interpret data through interactive graphs, burst charts, and animated diagrams. The data analysis with Insight’s data will also enable hoteliers to make accurate forecasts about various aspects of hotel management and operations.
M3 offers a cloud-based financial platform that delivers accounting, business intelligence, and payroll solutions across all brands and independent hotels in the U.S. and Canada. M3’s platform provides a platform level solution that allows its customers to access their financial and operating information in real-time with user-friendly reports.