How to keep track of spending in your event budget
As you can see, there are a lot of “moving pieces” to keep in mind when planning your event. Costs depend heavily on factors like event attendance—calculation mistakes or last-minute changes can quickly derail your budget.
Luckily, there are event technology solutions and event apps out there to help you easily keep track of spending. For general help with expense tracking, check out our list of the
10 best expense management software solutions
.
If you need help specifically with travel expense management and event management, have a look at
TravelPerk
—a business travel booking software that helps you manage your travel budgets all in one place.
With our sophisticated
reporting solutions
and our all-in-one event management platform,
TravelPerk Events
, you can easily gain access to key data on travel spending. When creating an event in the platform, you can tag the event with a specific label (for example, “HR Team Retreat.”) This will allow you to track all the costs related to that event in real time, in one single report.
Our sophisticated reporting dashboard provides visualisations of key data—such as the person booking, transport type, booking type, cancellations, recoverable VAT and more—so you can easily understand your actual costs and present them to stakeholders.
To learn more about how TravelPerk Events can help you manage your event budget, book a live, personalised demo today
.