Cvent

Most companies are planning for 2009 right now. In a tough economy, it's important for meeting planners to have an accurate forecast for projected costs on meeting and events.

Cvent offers a budget management module that helps planners measure budgeted costs against actual costs. We also help planners figure out if they have collected enough event fees to cover their event costs, if they charge for attendance.

Consider a few benefits of having a good budget tool integrated to your event management system:

1. Tracking everything in one place means less tedious data entry and chance for errors.

2. Such tools help you calculate taxes and gratuities to make your meeting budget more accurate.

3. Tracking vendor activity over time helps you negotiate better deals with vendors. If you give a company repeat business over time, you'll likely be rewarded for your volume and loyalty.

4. The ability to generate reports quickly for actual spend vs. budgeted spend can save you a substantial amount of time.

5. Looking at spend by categories and sub-categories can help planners identify where they are spending too much money.

6. Reviewing cross-event reports with the click of a button allows you to track trends over a month, quarter or year to see important trends and make critical business decisions.

At Cvent, we "eat our own dog food," so to speak, and use our event budget module to plan all of our events. We know from first-hand experience that it helps forecast our expense and return on investment down to the dollar. So it's no surprise that We recommend all of our clients use the event budgeting capabilities integrated with their event management software to save time and money.

View more information on how our event budget module works