the past, present, and future of spend management

Tech Talk: The Past, Present & Future of Spend ManagementLinsey Giant | AnthemCindy Heston | AnthemJeannie Griffin | Cvent

What is P2P?

Supported by CVENT platform Partially or Not Supported by CVENT

P2P Maturation

How much am I spending on meetings?

How much do meetings really cost me? 

How much control do I have around the process?

PHASE 1

PHASE 1

PHASE 2

What is working today?

What doesn’t?

Case Study: AnthemSetting a new standard

Solution Overview• Integration of Cvent Meeting Request Form

• API of identifiable expense criteria

• Open bi-directional feed of data that ensures proper analytical event management

• Provides integrated work flow for efficient planner reconciliation

• 25% improvement in time management

New Meeting Card Amex Feed

Selection of Expense Types (meeting card workflow added)

Selection of expense types (meeting card workflow added)

Event Selectionvia AllocationSelect new Event via the allocation

These can be filtered by Event Planner via Allocation filtering

We can setup so only Event Planners can use the “event” expense types

*not viewable by individual corporate card users

Determines Approval Routing

Determines Owners for who should see Event

15+ fields arepre-populated from the Cvent Meeting

Request Form

Welcome Page – Access to Budget

Event

Analytics Budget Report

Anthem Advantage- Stakeholder Benefits

TODAY

Total transparency of event budgetAllocation and warnings if close to budget

TOMORROW

View of travel expense Input of other ERP data related to event

Anthem Advantage – Planner Benefits

Streamline of data entry

Accuracy and visibility into budget

Redundancy eliminated for budget management

Ownership and consultative client work flow

Reporting and Data

Reporting and Data

Cvent Solutions

APIBenefit:Create dynamic workflows that provide efficiency and data accuracy

MRFBenefit:Standardized form that collects meaningful data and metrics for your company

CONCUR EXPENSE

Benefit:Find out how much meetings really cost by pulling ancillary traveler spend in addition to meeting spend

CITICARDBenefit:Centralize form of payment while maintaining stringent controls, but provide reconciliation efficiency

TRAVELCOST IMPORT

Benefit:Leverage data already housed in Cvent to populate budget actuals for maximum efficiency and accuracy of data

BEFORE YOU GO!Take thesession survey!

Thank YouLinsey Giant | AnthemCindy Heston | AnthemJeannie Griffin | Cvent