What would you do if your board asked you to cut your meetings expense by 40%? Could you be certain that you understand the extent of the total spend and know where to cut without hurting your bottom line?

In a recent CFO.com article ”The Key to Meeting-Cost Savings,” Xerox demonstrated that it was able to save 40% on these costs without having to sacrifice the benefits associated with meetings.

After all, meetings aren't all expense and waste. Meetings drive revenue, build customer relationships, and keep important constituents trained and up to date on your product offerings.

But the meetings expense can indeed represent significant cost. Recent studies indicate that for many companies the total cost of meetings-related expenses can exceed 1% of their total revenue. And for most of these companies, meetings represent a hidden expense category dominated by guesswork and innuendo.

Strategically managing this area of spend represents a significant opportunity.

This interactive webcast addresses specific methods and processes your company can implement to control and optimize the costs associated with meetings.

You will learn how to:

• Develop a Strategic Meetings Management Strategy with Centralized Control
• Leverage Pre-Existing Travel Policies, Preferred Vendors, and Negotiated Rates
• Extend Visibility to ALL Meetings Within Your Organization

Our experts will share their insights on the benefits and best practices of adopting a strategic approach toward the management of meetings that will help you to precisely target what you don’t need and protect what you do. They’ll share the secrets of extending finance oversight to meetings without diminishing event quality.

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