American Express Meetings & Events, a division of American Express Global Business Travel, launched an enhanced solution in China to help protect meetings organizers against risks relating to operating meetings and events.
Meetings organizers globally are under increasing pressure to ensure that all meetings activity remains compliant with local laws and regulations. To support this need, the new solution has been fast-tracked for countries with surging demand for meetings & events activity such as China.
The new solution is designed to maximize controls throughout the end-to-end meetings process. It will help mitigate key compliance risks associated with global meetings activity such as bribery, fraudulent activities and receipts, and third-party money funneling.
Milton Rivera, Vice President, Global Business Development, American Express Meetings & Events, said: “As one of the fastest growing economies in the world, business in China is a necessity for almost all global companies. This enhanced solution provides companies peace-of-mind that their meetings activity is compliant both within China, and throughout the world wherever they have a need.”
American Express Meetings & Events enhanced solution provides an integrated technology solution that has a unique workflow for meetings, supporting a 360-degree compliance process and capturing comprehensive documentation throughout the process. Itemized invoices and receipts, as well as supporting paperwork on client requests, approvals, and supplier engagements are captured, and enable cross-departmental communications to identify and address any perceived risks as soon as possible.
American Express Global Business Travel (GBT) is the world’s leading business partner for managed travel. We help companies and their employees prosper by making sure travelers are present where and when it matters. We keep global business moving with the powerful backing of 16,000 travel professionals in more than 140 countries. Companies of all sizes, and in all places, rely on GBT to provide travel management services, organize meetings and events, and deliver business travel consulting.
Learn more at amexglobalbusinesstravel.com
