Organizations could reap the benefits of better visibility, consolidation of data across both MICE and corporate travel, resulting in better compliance and overall cost of program reduction.
In the MICE sector, requests for proposals (RFPs) can be time consuming and difficult to negotiate. However, as is common in an industry with so many moving parts, there's a real chance to consolidate things to save time, effort, money and so much more. By conducting a meetings RFP at the same time as a travel RFP, procurement, marketing and in-house event managers have a value-added prospect - one that allows them to work more tightly to their budgets and improve service efficiency for stakeholders.
Historically the management of meetings, incentives, conferences and exhibitions (MICE) and traditional corporate travel has been fairly disconnected. This is despite the fact that often when employees travel, they do so in order to attend a meeting or event. However there are a great deal of benefits for a combined approach and for travel and events to be managed as a joint venture.
Download our free FCM Insight white paper to learn about the benefits of consolidating travel and events