M3, a cloud-based financial and data management platform for the hospitality industry, partnered with Paymerang, an accounts payable e-payment and payment fraud solution. The partnership was finalized on Dec. 4, and Paymerang’s services are expected to become available to M3 clients beginning on Jan. 1, 2020.
With a payment network spanning more than 100,000 suppliers nationwide, Richmond, Virginia-based Paymerang provides its clients and partners across the U.S. with a simple, secure and profitable way to automate their accounts payable disbursements.
Paymerang’s integration with M3’s forward-thinking solutions is designed to reduce both the hours and the materials required for M3’s typical accounts payable processes through electronic payments and financial rewards, saving clients time, resources and money.
“The partnership between M3 and Paymerang will further streamline our clients’ financial processes and will go the extra mile to protect their data,” said Scott Watson, M3’s Chief Sales & Marketing Officer. “As M3’s customer base grows and becomes more diverse, we will continue investing in and partnering with solutions like Paymerang to ensure our proprietary and partner-delivered solutions consistently deliver to the highest of standards.”
The solution will be made available to all customers within M3’s customer base, which consists of almost 6,000 hotels, of which, more than half are among the top hotel management companies in the U.S. as ranked by as ranked by Hotel Business.