M3 Labor Management Software

The M3 Labor Management Software is designed to assist hoteliers in effectively monitoring and managing labor costs. According to the vendor, this software is specifically tailored for hotel management companies in the hospitality industry. It is utilized by hoteliers, hospitality industry professionals, accounting professionals, and human resources professionals in the hospitality industry to streamline labor management and optimize workforce productivity.

Key Features

M3 Labor Management – Time Clock: According to the vendor, this feature allows users to monitor daily labor costs, track attendance, and generate exclusive labor management reports. Custom reports can be designed to effectively manage hours and overtime.

Labor Management Benefits: The vendor claims that this software provides accurate earnings calculations based on FLSA and customized policies. It offers a daily review of labor Key Performance Indicators (KPIs) with customized labor models for each employee role. The mobile-friendly interface is said to streamline audits and reduce administrative questions. It also utilizes key data points from M3 Accounting Core.

Streamline Labor Management: The vendor states that users can access an exclusive, cloud-based reporting system for seamless labor monitoring and management. Real-time management of associate earnings, including biometric capabilities, is claimed to be possible. The software is said to reduce payroll preparation time and manage complex transactions with pre-defined application rules. Integration with M3's BI tool, Insight, is claimed to enhance labor management and reporting.

Labor Management Dashboard: According to the vendor, this feature provides a concise view of immediate daily actionable audits. Users can compare labor modeling metrics across the M3 Business Intelligence platform. The software is said to allow tracking of individual employee productivity and measure performance. Secure platform access with tiered permissions based on employer specifications is also claimed.

Associate Earning Collection: The vendor claims that this feature offers labor management reporting to effectively manage labor costs and prevent ballooning expenses. Users can prepare payroll by uploading collected gross earnings to the payroll vendor. The software is said to be mobile accessible for employees to view work schedules and accumulated time. Custom rules can be set to accommodate unique properties and employees.