Travel Leaders Corporate Offers Cost Reduction Solution for Small Meetings Clientele Through Its “Spend & Savings Analysis”

Easy online tool allows companies to evaluate their costs and potential savings on small meetings and events with Travel Leaders Corporate’s Strategic Meetings Management

Plymouth, MN (December 19, 2016) – Strategic Meetings Management (SMM) can be a valuable tool for businesses to manage and control costs for meetings and events. Many companies use SMM planners and consultants for large conferences and international sales meetings, but smaller meetings and events often don’t use SMM practices – missing out on potentially significant savings. To help companies better allocate their meetings budgets, Travel Leaders Corporate now offers a “Small Meetings Spend & Savings Analysis” tool. It’s easy to use, available online and calculates exactly how much businesses in various industries can save by using Travel Leaders Corporate’s Small Meetings Solutions offering. This tool seamlessly combines the top needs of businesses and meeting planners, reducing costs and making meeting planning a much simpler, streamlined process.

“Most companies understand the need for SMM best practices when, for example, negotiating large-scale events where they invite their top clients for a program in places like Hawaii,” said Gabe Rizzi, President of Travel Leaders Corporate. “When it comes to small to mid-sized meetings, however, money is being left on the table. We know we can help businesses reduce costs on meetings, and Travel Leaders Corporate’s Small Meetings Spend & Savings Analysis calculator can quickly identify potential savings that companies may not know exist.”

With just two pieces of information, companies can see how working with Travel Leaders Corporate can lead to reducing meetings costs – all that is needed is the company’s annual dollar amount spent on air travel and its industry category. Based on this, Travel Leaders Corporate calculates savings over three years, at 15% and 20%. “Air spend” is the primary data point, because it is the leading benchmark in order to also calculate additional costs for hotels, transportation, meeting space, etc. With the choice of different industries, the Small Meetings Spend & Save Analysis drills down so businesses can see savings targets for their business when using Travel Leaders Corporate.

“Using SMM on smaller meetings isn’t an apples-to-apples comparison – different industries have very unique, intrinsic needs – and our Small Meetings Spend & Savings Analysis accounts for that,” added Rizzi. “For example, pharmaceutical companies frequently have small meetings and events, while manufacturers have far less. With Travel Leaders Corporate’s expertise in the field of business travel, we understand that every business’ meetings needs are as different as the products they make and services they sell. Our tool provides busy meeting planners and procurement specialists with a valuable and simple way to see how they can drive more ‘return on investment’ or ROI on their meetings and events.”

To access Travel Leaders Corporate’s Small Meetings Spend & Savings Analysis, please visit www.tlcorporate.com/meetings-management. For more information on Travel Leaders Corporate or to take advantage of its personalized service and cutting-edge corporate business travel solutions that provide a complete travel enrichment experience, email partnerships@tlcorporate.com or call 877-404-4173.

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Travel Leaders Corporate is part of Travel Leaders Group, which is the highest ranking American travel management company in Business Travel News’ Business Travel Survey 2016, and has annual sales of $21 billion. Travel Leaders Corporate’s three service offerings – Travel Fulfillment, Travel Consulting and Meetings Management – which can be used independently or combined for maximum results. At Travel Leaders Corporate, each client is served by a team of U.S.-based agents assigned to each account. With a reputation built on reliability and a commitment to excellence, Travel Leaders Corporate offers its clients industry-leading products and services, and continuously seeks higher levels of performance. Headquartered in Plymouth, MN, and with employees in more than 120 cities across the United States, Travel Leaders Corporate is a forward-thinking, innovative company with a focus on continually improving the customer experience. www.tlcorporate.com