Name: M3 Labor Management Software
Author: M3 Inc

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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.

M3’s Labor Management enables hoteliers to monitor daily labor costs with features, including attendance tracking and labor management reporting, which enables hoteliers to design custom reports to manage hours and overtime. Hoteliers can also access and manage labor data on-the-go with the M3 mobile app, M3 Labor.

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ADP Workforce Now is a cloud-based HR platform for mid-sized businesses. It features customizable modules of various HR services that businesses can tailor to their specific needs, as well as regulatory monitoring and alerts to help businesses remain compliant.

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M3 Labor Management Software

Workforce Management is concerned with scheduling and tracking the workforce. This is particularly important for organizations with shift workers and includes applications to track time and attendance, monitor compliance with labor laws, and sometimes includes payroll functionality.

M3 Inc

Workforce Management Software Features

Workforce Managment software features aid in helping business manage employees and their welfare.

Time and Attendance Tracking

Tracks employees' work hours, breaks, and attendance to ensure accurate payroll processing and compliance with labor regulations.

Scheduling and Shift Management

Allows managers to create, assign, and modify employee schedules, taking into account factors like availability, skillsets, and workload.

Payroll and Attendance Integration

Integrates with payroll systems to streamline the transfer of attendance data for efficient and error-free payroll processing.

Leave Management

Enables employees to request time off, sick leave, or other types of leave, and allows managers to approve or deny these requests.

Workforce Reporting and Analytics

Generates reports on employee attendance, overtime, labor costs, and other workforce data to inform decision-making and optimize operations.

Workforce Compliance Monitoring

Monitors and ensures compliance with labor laws, union agreements, and company policies regarding work hours, breaks, and overtime.

Mobile Accessibility

Provides employees and managers with mobile apps or web portals to access workforce management functions remotely and on-the-go.

Task Assignment and Tracking

Assigns tasks to employees, tracks task progress, and monitors task completion to streamline workflow and improve productivity.

Forecasting and Resource Planning

Utilizes historical data and trends to forecast workforce needs, allocate resources efficiently, and adjust staffing levels as needed

Staffing Forecasting and Resource Planning

Utilizes historical data and trends to forecast workforce needs, allocate resources efficiently, and adjust staffing levels as needed.

Shift Swapping and Time-Off Requests

Allows employees to request shift swaps with colleagues or submit time-off requests, with managers approving changes as necessary to accommodate schedule flexibility.

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M3 Labor Management Software

Overview

What is M3 Labor Management Software?