About Planned

Planned is a platform that streamlines event management by automating the sourcing, contracting, and payment processes for venues and vendors, enabling organizations to book events efficiently. By integrating compliance and approval workflows, Planned provides visibility into spending and generates an average savings of 12% on travel and event budgets.

```xml <problem> Organizations face challenges in efficiently managing event planning, including sourcing venues and vendors, contract negotiation, payment processing, and ensuring compliance with internal policies. This often leads to a lack of visibility into event spending and missed opportunities for cost savings. </problem> <solution> Planned offers a platform designed to streamline the entire event management lifecycle, from initial sourcing to final payment. The system automates the process of finding and contracting with venues and vendors, while also integrating compliance and approval workflows to ensure adherence to company policies. By providing a centralized platform for managing all aspects of event planning, Planned gives organizations greater visibility into their spending and helps them identify opportunities to reduce costs. The platform also offers white-glove service to users, assisting with sourcing, negotiation, and payment processes. </solution> <features> - Automated sourcing of venues and vendors based on event requirements - Integrated contract management with support for custom addenda - Streamlined payment processing with direct payment to vendors upon approval - Automated approval workflows to ensure compliance with company policies - Real-time visibility into event spending and budget tracking - Savings tracking and reporting to identify cost reduction opportunities - White-glove service with expert agents to assist with sourcing, negotiation, and payment - 24/7 support for travel and event-related inquiries </features> <target_audience> Planned primarily serves enterprise clients, including large corporations and organizations, that require a comprehensive solution for managing their travel and event planning processes. </target_audience> <revenue_model> Planned generates revenue through a subscription-based model, offering access to its platform and services for a recurring fee. The company also generates savings for its customers, averaging 12% on travel and event budgets. </revenue_model> ```

What does Planned do?

Where is Planned located?

Planned is based in Montréal, Canada.

When was Planned founded?

Planned was founded in 2017.

How much funding has Planned raised?

Planned has raised 54580000.

Location

Montréal, Canada

Founded

2017

Funding

54580000

Employees

71 employees

Major Investors

Drive Capital

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Planned

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Executive Summary

planned.com 7K+

Crunchbase

Founded 2017 – Montréal, Canada

Funding

Estimated Funding

$50M+

Major Investors

Drive Capital

Team (50+)

No team information available.

Company Description

Problem

Organizations face challenges in efficiently managing event planning, including sourcing venues and vendors, contract negotiation, payment processing, and ensuring compliance with internal policies. This often leads to a lack of visibility into event spending and missed opportunities for cost savings.

Solution

Planned offers a platform designed to streamline the entire event management lifecycle, from initial sourcing to final payment. The system automates the process of finding and contracting with venues and vendors, while also integrating compliance and approval workflows to ensure adherence to company policies. By providing a centralized platform for managing all aspects of event planning, Planned gives organizations greater visibility into their spending and helps them identify opportunities to reduce costs. The platform also offers white-glove service to users, assisting with sourcing, negotiation, and payment processes.

Features

Automated sourcing of venues and vendors based on event requirements

Integrated contract management with support for custom addenda

Streamlined payment processing with direct payment to vendors upon approval

Automated approval workflows to ensure compliance with company policies

Real-time visibility into event spending and budget tracking

Savings tracking and reporting to identify cost reduction opportunities

White-glove service with expert agents to assist with sourcing, negotiation, and payment

24/7 support for travel and event-related inquiries

Target Audience

Planned primarily serves enterprise clients, including large corporations and organizations, that require a comprehensive solution for managing their travel and event planning processes.

Revenue Model

Planned generates revenue through a subscription-based model, offering access to its platform and services for a recurring fee. The company also generates savings for its customers, averaging 12% on travel and event budgets.