Slide 1: Citi Commercial Cards Meeting Solutions
MEETING MEETING Citi®® Commercial Citi Meeting Solutions Cards th, 2010 A world ofNovember seamlessly17 integrated products, services and service.
Slide 2: Table of Contents
Table of Contents I. Meetings & Events 3 A. Industry Overview: Meetings Management 1. Why Manage Meetings? 4 2. How Much Can I Save on Meetings? 5 B. Citi’s SPARE(SM) Methodology 6 C. Benefits from a Meeting Payment Program 7 II. Meetings Best Practices 8 A. Understanding Your Organization 9 B. Iden
Slide 3: Citi Meeting Card: Meetings & Events
M MEEE ETT II N NGG Citi® Meeting Card MEETINGS & EVENTS
Slide 4: Why Manage Meetings?
Why Manage Meetings? Annual global Corporate Meeting & Event spend is estimated at a $650Bn* The Meeting & Event (M&E) industry is quickly rebounding with 2011-2014 growth estimates at 3-4% for stable economies and up to 18% for emerging economies. Although the largest expense continues to be transp
Slide 5: How Much Can You Save on Meetings?
How Much Can You Save on Meetings? An average company spends up to 1.5% of their revenues annually on M&E An average company spends up to 1.5% of their revenues annually on M&E – for Pharmaceutical, IT, banking and finance, and consulting industries, up to 4%.* A company can reduce this cost by 10-2
Slide 6: How Can Citi Help You Manage M&E Spend?
How Can Citi Help You Manage M&E Spend? Citi’s SPARE(SM) is an effective M&E management tool The purpose, size, and effort required to plan a meeting can vary drastically. Which is why it is essential to provide your employees with the necessary tools, resources, and processes for them to effectivel
Slide 7: What Can a Meeting Payment Solution Provide?
What Can a Meeting Payment Solution Provide? A meeting and event payment tool offers process and cost savings A robust Commercial Card program is essential when creating a best-practice Meeting Management solution. The control, convenience, and content-rich data provided by a card program helps orga
Slide 8: Citi Meeting Card: Meetings Best Practices
M MEEE ETT II N NGG Citi® Meeting Card MEETINGS BEST PRACTICES
Slide 9: Understanding Your Organization: How You Manage M&E
Understanding Your Organization: How You Manage M&E Although Centralized Meeting Planning is Best Practice, benefits can be gained with any type of Meeting & Event (M&E) management structure Decentralized Decentralized Combination Combination Centralized Centralized y No “Meetings Group” y “Meetings
Slide 10: Identifying Meetings & Events Spend: Know Where to Look
Identifying Meetings & Events Spend: Know Where to Look How much are you spending on Meetings & Events (M&E)? Most companies recognize spend placed on a Meeting Card or processed through a meeting software management tool as designated M&E spend, but that often only accounts for a fraction of true M
Slide 11: Meeting Card Set-Up: Who Receives a Card
Meeting Card Set-Up: Who Receives a Card Best practice is one card per Meeting / Meeting Planner, but organizational configuration, agreed permissions, and desired controls determine structure New Programs: Getting Started Optimizing Programs: Improved Control & Visibility Step 1: Card Per Departmen
Slide 12: Citi Meeting Card: Citi Meeting Solution
M MEEE ETT II N NGG Citi® Meeting Card CITI MEETING SOLUTION
Slide 13: Citi's Meeting Card Solution – Overview
Citi’s Meeting Card Solution – Overview A spectrum of solutions to meet your varying needs Citi ® Meeting Card Citi ® Virtual Card Account (VCA) Citi ® Declining Balance M E E T I N G M E E T I N G Meeting Card Citi ® Reporting & Data Linked to Meeting Dashboards Management Software 13
Slide 14: Citi's Meeting Card Solution – Meeting Card
Citi’s Meeting Card Solution – Meeting Card The Citi Meeting Card helps with payment, reconciliation, and budget adherence Note: Variations may exist by country. *Payment due date can differ by country within region. Average or range is shown above for each region. 14
Slide 15: Citi's Meeting Card Solution – Declining Balance
Citi’s Meeting Card Solution – Declining Balance In addition to all the traditional Card benefits, budgetary controls are provided When to Use How Budgetary Control is Maximized y Board Meetings Program Administrator (PA): y Conferences & Conventions PA sets Meeting Card with Declining Balance featu
Slide 16: Citi's Meeting Card Solution – Virtual Card Accounts (VCA)
Citi’s Meeting Card Solution – Virtual Card Accounts (VCA) The ideal solution when speed, security, and transactional controls are paramount When to Use How Security & Flexibility is Maximized y Distressed / Stranded Travelers Your Need: A cardless solution to pay for meetings where: • All payments
Slide 17: Citi's Meeting Card Solution – Reporting and Data Analytics
Citi’s Meeting Card Solution – Reporting and Data Analytics Robust reporting is critical for success for creating a cost-effective program Citi’s card management and reporting capabilities provide program level metrics, trends, and showcase anomalies for higher spend visibility and control. Vendor S
Slide 18: Citi's Meeting Card Solution – Meeting Software Integration
Citi’s Meeting Card Solution – Meeting Software Integration Integrating Citi Card data into Arcaneo’s Metron creates a best-in-class solution Metron helps organizations and 3rd party providers effectively plan, execute and measure meetings. The end-to-end web-based tool integrates with Citi Meeting
Slide 19: Citi Meeting Card: Next Steps
M MEEE ETT II N NGG Citi® Meeting Card NEXT STEPS
Slide 20: Building Your Meetings & Events Program
Building Your Meetings & Events Program 5 simple steps lead to a best practice Strategic Meetings Management Program y Determine what type of Meetings & Events structure exists within your Step Step 11 company y Find out if your company has a meeting policy in place Step Step 22 y Understand how you
Slide 21: Thank you.
citi Thank you.
Slide 22: Any terms set forth herein are for discussion purposes only
IRS Circular 230 Disclosure: Citigroup Inc. and its affiliates do not provide tax or legal advice. Any discussion of tax matters in these materials (i) is not intended or written to be used, and cannot be used or relied upon, by you for the purpose of avoiding any tax penalties and (ii) may have bee