Companies are now looking for effective ways to manage their meeting and event spend, just as they would with any other category. There has never been a spend management platform for meetings and events that delivers granular spend data.
CHICAGO, IL (PRWEB) May 18, 2016
Eved, an event commerce company built by event experts, is proud to announce that Spend Matters, a leading global B2B network focused on procurement and supply chain news and innovation, has included them in their third annual 50 list of procurement providers to watch. Eved is recognized for their strategic spend management platform built specifically for the event spend category. Eved enables true event category management and brings efficiencies, cost savings and control to the source-to-settle process.
The Spend Matters list shines a light on the new technologies driving innovation and changing the way business is conducted and highlighting firms that are leading the charge. “It’s difficult - and getting even more so - to make Spend Matters' 50/50 lists, and we’re thrilled Eved made it onto the 2016 Spend Matters 50 to Watch list," said Jason Busch, Founder and Head of Strategy at Spend Matters. "This list is the product of intense, debate, discussion and refinement each year by our analysts. Eved earned a deserved spot as one of the procurement providers worth getting to know in 2016.”
“In the past, meetings and events hasn’t been deemed meaningful enough in the eyes of company CFOs and CPOs, when really it's a top 10 spend category.” Said Talia Mashiach, CEO, Founder and Product Architect at Eved. “Companies are now looking for effective ways to manage their meeting and event spend, just as they would with any other category. There has never been a spend management platform for meetings and events that delivers granular spend data through automating the source-to-settle process. The fact that Spend Matters has recognized Eved for catapulting this industry forward sends an impactful message. We're honored to receive the 50 to Watch award, as it speaks to the innovation behind our technology.”
Eved is an event commerce company built by event experts, for event experts. Large enterprises are missing out on an opportunity to impact millions of dollars in spend for a critical and highly visible marketing channel - their live events. With a focus on strategic spend management, Eved helps companies request, order and pay for event services. The company’s technology enables existing systems and software to work better for the event category. By reducing the back-end finance and procurement workload, event creators can focus on the customer and improve the quality and impact of their events. Founded in 2010 by Talia Mashiach, Eved bridges the gap between procurement, event planners, finance and suppliers to improve event quality, drive 70% efficiencies, 20% cost savings and a 50% improvement in compliance. For more information, visit http://www.eved.com.