sponsored by StarCite
Posted:  10 Mar 2009
Published:  09 Mar 2009
Format:  PDF
Length:  12  Page(s)
Type:  White Paper
Language:  English
ABSTRACT:
As the economy threatens corporate revenues, travel budgets are being scrutinized - and travel managers are being pressed - for further cost savings and tighter management controls. While many have proposed managing meetings activities more tightly in the past, such efforts have often been passed over by executives who either did not realize the magnitude of meetings spend within their organizations or simply could not see the path forward.

Meetings spend is one of the least transparent spend categories in an organization. When corporations delve into the issue, they are likely to find that as much as 35 percent of travel spend is dedicated to meetings. With the progress travel management has made over the past 10 years - incorporating procurement strategies, sophisticated booking and tracking tools, and strict supplier management - the knowledge that organizations may leave more than a third of their leveraging power on the table should be an impetus for action. But the path toward integrating meetings and corporate travel is challenging.






BROWSE RELATED RESOURCES
Cost Benefit Analysis | Enterprise Resource Management | Procurement | Strategic Planning | Teleconferencing Services | Travel and Expense Management Software | Videoconferencing Services | Web Conferencing Services

View All Resources sponsored by StarCite

About TechTarget:

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

All Rights Reserved, Copyright 2000 - 2014, TechTarget | Read our Privacy Statement