M3, a provider of accounting and financial solutions for the hospitality industry, has entered into a strategic alliance with Reeco, an AI-driven procure-to-pay platform in the hospitality industry. The companies celebrated the alliance at an event at the Hunter Conference.
The collaboration streamlines hotel procurement by improving communication, increasing visibility and helping control costs, according to the companies. By partnering M3’s accounting solution, Accounting Core, with Reeco’s re-imagined procurement management platform, hoteliers can now automate purchasing, financial tracking and vendor management. Together, these two partners offer a scalable solution designed to optimize profitability for hoteliers of all sizes by enabling better purchasing decisions.
“At M3, we are committed to providing hoteliers with the right tools to empower the right decisions for their business,” said Casi Johnson, president, M3.
Henrik Shimony, cofounder/CEO, Reeco, said, “We’re proud of the impact Reeco has made for some of the most respected names in the hospitality industry. Our partnership with M3 marks a major milestone, allowing us to bring our solution to every M3 customer in the American market. Growing up in a family of hoteliers, I can say with confidence—this is a game-changing partnership.”
Reeco has become a Preferred Partner of M3’s one-of-a-kind Strategic Alliance program. This alliance provides integrated services, integrated support and preferred pricing benefits to enhance the entire customer journey.
