Clients told Cvent its transient sourcing products were “adequate,” but the company is shooting higher. As business travel pros begin thinking about 2023 rate negotiations, the company on Tuesday told buyers and suppliers it would update components of its request for proposals technology for this summer. Reducing custom questions and back-and-forth on standard ones are key parts of the RFP system revamp.

Whether gearing up for the traditional, annual negotiating season or using a continuous sourcing approach, buyers and suppliers sound like they're done with the rate roll-overs that characterized the past two . . .

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