the past, present, and future of spend management

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Tech Talk: The Past, Present & Future of Spend Management Linsey Giant | Anthem Cindy Heston | Anthem Jeannie Griffin | Cvent

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Page 1: The Past, Present, and Future of Spend Management

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

Page 2: The Past, Present, and Future of Spend Management
Page 3: The Past, Present, and Future of Spend Management

What is P2P?

Page 4: The Past, Present, and Future of Spend Management

Supported by CVENT platform Partially or Not Supported by CVENT

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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

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What is working today?

Page 7: The Past, Present, and Future of Spend Management

What doesn’t?

Page 8: The Past, Present, and Future of Spend Management

Case Study: AnthemSetting a new standard

Page 9: The Past, Present, and Future of Spend Management

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

Page 10: The Past, Present, and Future of Spend Management

New Meeting Card Amex Feed

Page 11: The Past, Present, and Future of Spend Management
Page 12: The Past, Present, and Future of Spend Management
Page 13: The Past, Present, and Future of Spend Management

Selection of Expense Types (meeting card workflow added)

Page 14: The Past, Present, and Future of Spend Management

Selection of expense types (meeting card workflow added)

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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

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Determines Approval Routing

Determines Owners for who should see Event

15+ fields arepre-populated from the Cvent Meeting

Request Form

Page 17: The Past, Present, and Future of Spend Management

Welcome Page – Access to Budget

Page 18: The Past, Present, and Future of Spend Management

Event

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Analytics Budget Report

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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

Page 21: The Past, Present, and Future of Spend Management

Anthem Advantage – Planner Benefits

Streamline of data entry

Accuracy and visibility into budget

Redundancy eliminated for budget management

Ownership and consultative client work flow

Page 22: The Past, Present, and Future of Spend Management

Reporting and Data

Page 23: The Past, Present, and Future of Spend Management

Reporting and Data

Page 24: The Past, Present, and Future of Spend Management

Cvent Solutions

Page 25: The Past, Present, and Future of Spend Management

APIBenefit:Create dynamic workflows that provide efficiency and data accuracy

Page 26: The Past, Present, and Future of Spend Management

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

Page 27: The Past, Present, and Future of Spend Management

CONCUR EXPENSE

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

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

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TRAVELCOST IMPORT

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

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BEFORE YOU GO!Take thesession survey!

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Thank YouLinsey Giant | AnthemCindy Heston | AnthemJeannie Griffin | Cvent