Meetings & Events with PredictX
Bring Meetings and Events in from
the cold by linking all data sources
with your transient T&E analytics.
Meetings and Events has long been the most challenging area for data and analytics. Being totally siloed from transient T&E and with its own fragmentation between planning systems, meetings cards and ad hoc meetings has made getting a real handle on meetings & events almost impossible. However, PredictX has focused its AI-powered data fusion capabilities on the area - meaning that, finally, achieving a full view of meetings & events activity is not just possible, it’s easy.
Key Features:
Key Benefits:
Supplier Management: view of meetings and transient spend together to get more leverage
Identify off-channel activity
Improved Safety & Security by identifying and managing ghost meetings
Get an end-to-end view from budget to reconciliation, including time to reconcile
How it works:
Data ingestion:
Methodology:
Reliable data:
Actionable insights:
FAQs
Frequently Asked Questions About AI-Powered Analytics Meetings & Events Management
AI-powered meetings and events management integrates traditionally siloed data with transient travel and expense analytics. This unified approach provides a complete view of meetings and events activity, helping organizations optimize spend, improve supplier management, and enhance attendee experiences.
- Supplier Management: Consolidated view of meetings and transient spend for better negotiation leverage.
- Off-Channel Activity Detection: Identify and manage spend outside approved channels.
- Safety & Security: Identify and manage "ghost meetings" for enhanced compliance.
- End-to-End View: Comprehensive tracking from budget to reconciliation to understand and enhance meetings & events ROI
AI-powered solutions ingest data from various sources, including meetings management tools, planning systems, meeting cards, and expense reports. This ensures all meetings and events spend is captured and analyzed for better decision-making.
AI helps capture non-core venue costs such as AV, internet, and catering. This provides a more accurate picture of total meetings and events spend, enabling better cost control and budgeting.
By providing a unified view of both meetings and transient spend, AI enables better negotiation leverage with suppliers. This allows organizations to consolidate spend, negotiate better rates, and improve overall supplier performance.
AI helps identify and manage "ghost meetings" (unapproved or off-channel meetings) by tracking spend outside approved channels. This enhances safety, security, and compliance with corporate policies.
An AI-powered solution provides a complete view from budget to reconciliation, including time to reconcile. This enables better financial control, improved budgeting accuracy, and faster reconciliation processes.
AI uses machine learning models to validate, cleanse, and consolidate data from all travel and expense sources. This ensures high-quality, reliable data for accurate reporting and decision-making.
To get started, contact a provider specializing in AI-driven meetings and events management solutions. Schedule a demo or consultation to explore how the technology can meet your specific needs and improve your meetings management.
Centralizing all meetings and events data in one platform creates a single source of truth, simplifying the process of comparing contracts, analyzing performance, and identifying opportunities for cost savings across all suppliers.