Shop Talk: StarCite’s web-based event planning software is all about SaaS

The Chief Financial Officer of purchasing at any large company can easily pull up a budget and see how much money is being spent on telephones, computers and office furniture.

But meetings and conferences are a hidden expense category: their budgets are often hidden away within departments and divisions with no way to see spending at an executive level.

That’s foolish. At least, it seems so after a chat with Center City-based StarCite Inc. Vice President Kevin Young.

“Instead of spending $10 million at different hotels, corporate event planners could go to Marriot directly and say ‘Let’s talk about better rates. What can you do for us?,’” he says.

If planners had a way to see spending, that is.

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