Enterprising Hospitality
Date PublishedSep 19, 2013

A partnership between CSI Enterprises and M3 Accounting + Analytics is now offering an Accounts Payable solution that can provide significant operational savings for hotel properties nationwide. And in a new podcast by PYMNTS.com, leaders from each company explain how.

M3 is the nation’s leading provider of hotel-specific accounting solutions, while CSI has provided innovative payment solutions to some of the world’s most iconic brands. As a result of the partnership, CSI’s globalVCard paysystems, an electronic payment solution, was incorporated into M3’s hosted, back-office accounting platform. The integration is designed to help customers reduce both the hours and the materials required for typical accounts payable processes.

After strong reception from a limited initial offering, the two companies decided to offer this solution to M3’s entire 3,000-plus roster of hotels. In the podcast, leaders of each company talk about the product’s benefits to different sized organizations – with large hospitality operations benefiting more from streamlining, and smaller ones benefitting from having access to capabilities they wouldn’t otherwise have.

Allen Read, president and COO with M3, noted in the interview, "The industry is trending toward electronic payments and efficiencies,” adding that, “we’re always looking for best-in-class solutions, which we found with CSI."

During the interview with PYMNTS.com, David Disque, SVP/Director Operations with CSI, emphasized the “seamless integration” that occurs “when two best-in-class partners work together.” He said clients “literally turn the switch” to start seeing the benefits.

Further detail and the full 20-minute podcast are both available at: http://bit.ly/15Dis5I or at PYMNTS.com.