American Express Teams with StarCite To Enhance Corporate Meeting Planning Process.Business Editors/Hi-Tech Writers PHILADELPHIA--(BUSINESS WIRE)--Aug. 16, 2000 StarCite, Inc., innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. of the Internet's leading global business-to-business You can assist by [ editing it] now. E-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. meetings and events marketplace (http://www.starcite.com), today announced a strategic alliance with American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. to provide customized Web-based meeting sourcing and management tools to American Express customers. StarCite's services will be provided through American Express One, a business unit of American Express Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. dedicated to serving the travel needs of small and mid-sized companies. Under the agreement StarCite and American Express One will create a co-branded version of StarCite.com and offer customized sites for individual corporate customers. Using the co-branded StarCite Web site, American Express customers will be able to initiate and manage much of the meeting planning process online, in conjunction with American Express One's Meetings & Incentives group's traditional meeting planning services. These Web-based tools will allow customers to find destinations, choose properties, issue electronic RFPs and participate in online reverse auctions for meeting space and other related services. The agreement with StarCite complements American Express One's existing suite of corporate group travel and incentive services, which cover corporate business meetings, incentive programs and special event planning Event planning is the process of planning a festival, ceremony, competition, party, or convention. Event planning includes budgeting, establishing date and alternate date (rain date), selecting and reserving the event site, acquiring permits, and coordinating transportation , with services including consolidation of meeting expenditures, registration services, site searches and destination analysis. American Express One Meetings & Incentives employees will also utilize a co-branded version of StarCite.com to support their worldwide corporate meeting planning activities. American Express is the latest addition to StarCite's strategic partners program. "By using the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the to manage many stages of a corporate meeting, for everything from searching for and seeking bids from hotels to registration services, companies can cut the cost of meetings and improve the administrative processes they employ to manage events," said Jay Roseman, Vice President of American Express One Meetings & Incentives. "Working together, StarCite and American Express will deliver customized, powerful solutions to help our customers transform meetings management." "Both StarCite and American Express have earned reputations for providing comprehensive services that enable customers to achieve process efficiencies and cost savings," said John Pino, chairman and chief executive officer of StarCite. "By joining forces, we have created a powerful offering that builds on the achievements of both companies." About American Express American Express One, created in 1999, is a division of American Express Corporate Services specializing in travel management services for small to mid-sized companies. American Express Corporate Services is the leading provider of commercial cards and the largest travel agency in the U.S. The company counts more than 70 percent of the Fortune 500, along with tens of thousands of mid-sized companies, as customers of its Business Travel, Corporate Card, Corporate Purchasing Card A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which and Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" group. American Express Company is a diversified diversified (di·verˑ·s worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , business services, insurance and international banking. About StarCite, Inc. StarCite is using its proprietary web-based technologies and services to re-shape the supply chain purchasing and management processes for the $300 billion global meetings and events industry. Custom versions of StarCite.com enable more effective buying and vendor management on a company-wide and global basis. StarCite was formed in January 1999 by a highly experienced senior management team that includes veterans of the Internet, meeting planning, hospitality, technology, and travel management sectors. StarCite is a partner company of Internet Capital Group (Nasdaq: ICGE), and is based in Philadelphia, PA. |
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