LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Corporate Meeting Cards Market - Procurement Intelligence Report.
Most of the MNCs are observing a significant rise in trade fairs and corporate meetings and events that are aimed at launching new products. With a gradual increase in the frequency of these events, these MNCs are facing major difficulties in tracking and controlling their expenses on attendees’ travel, accommodation, venue, and food and beverage. This is increasing their management complexities and resulting in cost overruns. To curb such cost overruns and to gain more visibility on their spend, buyers from the MNCs are utilizing corporate meeting cards. These cards enable the top management to have a better grip on the purchasing decisions while limiting malpractices within M&E spend in their organizations. This is driving the demand growth of the corporate meeting cards market to a significant extent. Get access to the free sample copy of this corporate meeting cards market procurement intelligence report here!
Buyers from the IT, FMCG, automotive, and pharmaceutical sectors in North America are exhibiting a large-scale procurement of customized corporate meeting cards which feature payment platforms that can be integrated with the buyer’s organization’s ERP systems to get real-time spend information. In Europe, buyers from large organizations are procuring corporate meeting cards to support the payment for various meetings and events, including association meetings, executive meetings, sales meetings, training seminars, anniversaries, and receptions. This will drive the demand growth of the corporate meeting cards market in the region.
This corporate meeting cards market procurement intelligence report answers some of the key questions related to procurement challenges and the best category pricing strategies befitting the specifics of this market. Predictive analysis of the key cost drivers, supply market forecasts, and key category management insights will help buyers reduce spend. To know how this sourcing and procurement report can address your business needs, request for free personalized version.
“Buyers must audit the bills to look for any errors that may increase costs,” says SpendEdge procurement expert Tridib Bora.
This corporate meeting cards market procurement intelligence report has identified the following factors to influence the category growth:
- Rising need to reduce P2P cycle will favor category growth
- Service provider’s value addition capability is a key selection criterion
- Access the complete procurement intelligence report on corporate meeting cards here to explore its complete scope of coverage.
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SpendEdge’s procurement market intelligence reports for the professional services category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Corporate meeting cards
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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- Category hierarchy
- Category scope
- Category map
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