MasterCard Worldwide has enhanced its corporate meeting solutions portfolio to provide companies with greater control, efficiency and transparency around meeting planning and management. The company has partnered with two providers of online meeting solutions—etouches and Worktopia—to address the needs of different stakeholders in the corporate meetings market.
An online attendee registration and management tool from etouches will help maximize attendance, enhance flow of information to attendees and sponsors, and reduce costs associated with time spent on event registration tasks, said MasterCard in a release. The tool can create registration websites quickly, provide automated emails, and generate reports to track registration status against goals and budgets. Companies that subscribe to etouches through MasterCard will also receive special offers.
Worktopia addresses the need for a web-based platform to search for, compare and book small meeting rooms online and in real-time. By using one channel for all bookings, meeting planners can increase efficiencies while procurement can have greater visibility. Through this alliance, the MasterCard Purchase Control application will be the exclusive purchase control feature on Worktopia's tool. During the booking phase, eligible MasterCard corporate customers can control an employee's use of card accounts to pay for meeting room reservations and services.
According to MasterCard, its Purchase Control application works with MasterCard Corporate Meeting Cards to help meeting planners and procurement managers reduce "maverick" and unmanaged spend, while improving compliance.