For years, event organizers with shows in foreign countries have struggled with paying unwieldy conversion fees and taxes on show revenue. To make matters worse, fluctuating conversion rates have traditionally presented challenges with paying local vendors, refunding attendees and exhibitors, and executing accurate accounting practices.
Now with Experient’s foreign currency processing capabilities, organizers of international shows can provide a much better customer service experience for attendees and exhibitors. Fundamentally, an individual registers through an online and/or onsite system that offers his/her own native currency option. Operationally, vendors and partners are paid in their native currencies more quickly and easily. And strategically, foreign currency processing enables visible assimilation for the host organization into world markets.
First launched at the recent PMI Global Conference in Marseille, France, foreign currency processing is being deployed for all of Experient’s international shows. “The ability to process transactions in euros has opened new opportunities for PMI,” says Brian Strickland, CASE, director of strategic accounts at Experient. “It plays into a greater global strategy for most of our clients as they expand to include countries and markets that previously were financially and operationally inaccessible.”
Experient, a Maritz Travel Company, leads the industry as one of the best-known and most respected brands in the event management world. Its core services include providing registration, housing, event planning and management, site sourcing/contract negotiation, and lead retrieval services for association, tradeshow and government clients. Experient employs professionals dedicated to fulfilling its vision of perfecting the event experience to deliver leading-edge thinking, experience and technology solutions for meetings, conventions and exhibitions around the world. Visit www.experient-