All your corporate meeting spend. All in one place.
Streamline your live or virtual meeting and event management expenses into one account.
The American Express Corporate Meeting Card lets you consolidate and track your company’s spend on meetings, events and conferences. With all your event expenses in one place, you can separate meeting spend from travel and entertainment costs and gain more control over your budget.
The Challenge: A large pharmaceutical company was spending too much on conferences, without having full insight into how much money was going where. Tough procurement and T&E policies made it difficult to streamline spend, while supplier relationships with varying payment types and terms made it confusing to reconcile budgets and see the big picture. They needed a solution that made it easier to manage their budget and stick with preferred suppliers.
The Solution: With an American Express Corporate Meeting Card in place, the company was able to set spending limits for each conference and see how much was being spent with each supplier, in turn aiding annual procurement negotiations with preferred suppliers. Additionally, they were able to strengthen supplier relationships because the American Express Corporate Meeting Card pays vendors almost instantly, reducing the need to allocate admin time to complex purchase order and invoice-payment processes.
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