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Article Excerpt
New data from an exclusive Meetings Monitor survey show the use of technology to consolidate meeting spending information is growing quickly, offering further evidence of the continually maturing industry of meetings technology, its acceptance by corporate meeting buyers as a legitimate part of a comprehensive meetings strategy and the further indoctrination of procurement-based philosophies into meetings management.
Thirty-one percent of the 101 corporate meeting buyers polled said their companies use online meetings consolidation tools, with an additional 6 percent indicating that their companies plan to start doing so later this year. The Monitor is designed to be a snapshot of the industry, not a comprehensive, scientific study, and these numbers represent higher percentages of use than anecdotal evidence suggests. Nevertheless, it seems clear online consolidation is, at least, under consideration by many large companies and actually being performed at a healthy minority. This...
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