What is Strategic Meetings Management?
Strategic Meetings Management is the management of enterprise-wide meetings processes, spend, volume, standards, suppliers and data to achieve measurable business objectives that align with an organization’s strategic goals. It’s just like travel management for meetings.
What is the value of Strategic Meetings Management?
Do you want greater visibility into meetings and events spend? Are you concerned about risk mitigation and increasing ROI? Are your meetings and events driving business decisions? These are just a few of the areas where the use of Strategic Meetings Management (SMM) elevates program performance to new levels.
Companies without a SMM program have a variety of roles organizing meetings, uncoordinated tasks and incomplete data scattered throughout their organization. Existing processes are manual, supplier contracting, and payment practices are not well managed. Everyday tasks such as planning meetings, sourcing venues, managing suppliers, and signing contracts need to be streamlined. Through the use of SMM, you’ll get better visibility and control of your process, spend and data while reducing costs and strategically approaching how your meetings are managed.
