2018 Benchmark Assessment:
Meetings and Events
2018 Benchmark Assessment – Meetings and Events:
A New Playbook for Transformation
How do you know if you lead or if you follow? This industry-first benchmark survey of top Fortune 500 organizations shows the Meetings and Events (M&E) category is a key enabler to productivity and potential revenue growth. Based on the findings, there is significant opportunity for companies to mature their programs. Report highlights include:
- Nearly half of respondents (47%) are less than 80% confident in the integrity of their spend data.
- 57% of respondents have no visibility into their data for at least 30 days or more after the event takes place.
- 50% percent of respondents said the financial process takes up 25% or more of the planner’s time.
- …plus many more statistics, charts and graphs detailing results across the following areas: Preferred Supplier Management; Data; Reporting; Analytics and Insights; Budget Management; Procure-to-Pay Process; and Savings.
Read about the long and winding path from early Strategic Meetings Management (SMM) programs to some of the most transformational approaches to rein in event spend today. Download the benchmark assessment to see how you compare to your peers, and learn how the promise of millions in savings and countless hours can be returned to your business.
