Folio and M3 Partner on Automated Procure-to-Pay Integration
先了解这件事
M3 is an established accounting standard across North American hotel management companies, but legacy back-office stacks often rely on batch CSV uploads or custom middleware to ingest invoice data from front-end procurement tools. Connecting AI-native procure-to-pay (P2P) engines directly into M3 via open APIs resolve…
AI 根据报道生成
报道时间线
沿着报道，了解事件的不同侧面。
- Hospitality TechnologyFolio 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…