Folio and M3 Partner on Automated Procure-to-Pay Integration

Hospitality financial operations platform Folio announced an upgraded partnership and native bi-directional integration with hotel accounting software provider M3, joining M3's Associate Partner network. The integration automatically pulls general ledger (GL) codes, vendor catalogs, and multi-entity business structures from M3 into Folio, while pushing approved invoices and asset balances directly into M3 journal entries. Properties can go live within 24 hours of M3 granting access, eliminating manual chart-of-accounts mapping and batch CSV file transfers. It combines Folio's AI invoice processing (Folio Bills) and stock counting (Folio Inventory) with M3's central ledger to automate accoun…