Meetings & Events
The global business events industry contributes $1.6 trillion to GDP. Yet for most enterprises, M&E spend sits outside traditional financial oversight.
Global M&E industry GDP
One of the largest controllable spend categories in the enterprise
Maverick or off-program spend
30-40% of enterprise event spend bypasses established programs
Savings through centralized visibility
Companies with mature SMM programs capture 7-20% savings
Of vendors already in Eved
Most vendors are pre-onboarded when a new event program starts
Traditional ERP systems (SAP, Oracle, Workday) were designed for recurring vendors and standardized processes, not the hundreds of short-term vendors, accelerated timelines, and project-based budgets that define meetings and events.
Event Management Workflow
How Cvent, Eved, and virtual cards work across the event management lifecycle, from registration through payment.
Registration
Budgeting
Invoicing
Payment
Reports
Event Registration
Full attendee registration, session management, and event logistics
Budget Planning
Event budget creation, forecasting, and cost tracking
Event Reports
Event performance analytics, attendance, and engagement metrics

Budget Management
Real-time drawdown visibility as POs and invoices are issued. Budget locks prevent overspend. Multi-level approval workflows built in.
Exclusive
Invoice Processing
Sole invoicing platform with approval-before-pay workflows. Duplicate invoice detection. Configurable approval routing. Direct ERP integration.
Payment Execution
Global payment via EvedPay. Settlement options: EvedPay, Vcard, check, ACH. 200+ countries, 140+ currencies. Full vendor onboarding and preferred vendor network.
Financial Reports
Custom report builder with drag-and-drop fields. Budget vs. actual, spend by category/region/vendor. Direct ERP integration for automated reconciliation.
Card Payment
Corporate card payments for vendors who accept card
Expense Reports
Transaction reporting, spend categorization
Platform Capability Matrix
| Stage | Cvent | Eved | Vcard | Summary |
|---|---|---|---|---|
| Registration | ✓ | — | — | Cvent handles all event registration |
| Budgeting | ✓ | ✓ | — | Cvent tracks event-level budgets. Eved provides financial-grade controls: real-time drawdown, budget locks, and multi-level approvals across programs. |
| Invoicing | — | ✓ | — | Eved is the sole invoicing platform. Includes approval-before-pay, duplicate detection, and configurable routing. No invoice gets paid without authorization. |
| Payment | — | ✓ | ✓ | Vcard is limited to vendors who accept card. Eved settles via EvedPay, Vcard, check, or ACH in 140+ currencies. Includes vendor onboarding and preferred vendor network. |
| Reports | ✓ | ✓ | ✓ | Cvent reports on event performance. Vcard provides transaction categorization. Eved offers a full report builder with custom fields, budget vs. actual, and direct ERP integration. |
Budget → PO → Invoice → Payment → Reconciliation → Report. The entire workflow in one platform. Not fragments across five systems.
Track spend by region, event type, and business unit in real time. Identify cost overruns before they happen. Strengthen vendor negotiations.
Create preferred vendor lists with negotiated rates. Onboard vendors once, reuse across regions and programs. Track performance globally.
Closed-loop payments eliminate fraud risk. Automated AP controls deliver up to 80% reduction in duplicate payments. SOC 1 and SOC 2 certified.
Direct integrations with SAP, Workday, NetSuite, Oracle, and Cvent keep budgets, event data, and corporate accounting aligned.
Finance gets control. Marketing gets speed. Procurement gets leverage. Planners get simplicity. SMM gets the data foundation they need.
AI requires clean, centralized, global data. Eved's unified platform gives AI something to work with: auto-coding invoices, flagging budget overruns, and turning hours of manual reconciliation into minutes of review.
Savings Calculator
See how much your event program could save with Eved.
Frequently Asked Questions
Eved integrates directly with Cvent to create a complete event management-to-payment workflow. Cvent handles event registration and logistics while Eved manages the entire financial lifecycle: budgets, approvals, invoice processing, vendor payments, and reconciliation. Together they eliminate the gap between event planning and financial execution.
Yes. While vCards only handle card-based payments for vendors who accept cards, Eved manages the complete AP lifecycle: budgets, purchase orders, invoice approvals, vendor onboarding, compliance, and multiple payment methods including EvedPay and EvedPay Card with global currency payments in 140+ currencies. Eved is a broader platform that provides a single workflow for payments.
Eved tracks spend by region, event type, business unit, vendor, and category in real time. Finance teams see budget vs. actual at every level, from individual events to global programs. Eved identifies cost overruns before they happen and provides the data foundation for vendor negotiations and strategic meetings management (SMM) programs.
Eved supports multi-matrix configurable approval workflows that route by amount, department, vendor type, event, or any custom criteria. 100% of spend requires approval before payment. Eved adapts to your organizational structure, whether that means one approver or ten levels of authorization.
30-40% of enterprise event spend typically bypasses established programs. Eved creates a closed-loop system where all vendor payments flow through approved workflows with preferred vendor lists, negotiated rates, and budget controls. This captures maverick spend and routes it through proper channels, delivering 7-20% savings through centralized visibility.
Yes. Eved can make payments in 200+ countries and supports 140+ currencies. Whether you're paying a venue in Singapore, a caterer in London, or an AV company in São Paulo, payments are executed accurately and on time with full compliance, tax documentation, and audit trails.
EvedAP is purpose-built for the unique demands of the meetings and events industry, offering features like project-based budgeting, multi-currency support for global events, and robust approval workflows tailored for event-specific expenses. It streamlines invoice processing and vendor payments, ensuring financial control and compliance for all event-related expenditures.
Unlike general AP tools, EvedAP provides specialized functionalities critical for event management, such as granular budget tracking against specific events, integration with event management platforms like Cvent for seamless data flow, and comprehensive global payment capabilities for diverse vendors and suppliers. It also offers advanced fraud prevention and compliance tailored to the high-volume, project-based nature of events.
Yes, EvedAP is designed to manage complex payment scenarios common in large-scale events. It supports payments to vendors in over 200 countries and 140 currencies through EvedPay, and its per diem solution facilitates direct payments to bank accounts for event staff, simplifying global financial operations and ensuring timely disbursements.
See how the biggest event companies consolidate vendor payments, gain real-time visibility, and capture millions in savings.