CFOs Are Going Crazy About This New Trend in 2023

CFOs are going to get a shock in 2023 when they look at the in-person conference budgets from 2022 and 2023 that many of their teams have been using after the pandemic.

When CFOs compare virtual conferences and in-person conferences the numbers don’t make sense. 

Here are five reasons why CFOs are considering virtual conferences instead of in-person conferences.

  1. Cost: Virtual conferences are 25% cheaper than in-person conferences.

  2. Convenience: People can  attend the conference from the convenience of their own homes.

  3. Lower expenses: It's less expensive to send more people from the company. The company doesn’t have to budget for airfare, lodging, or meals for every attendee.

  4. Accessibility for more people: Companies can include younger or new hires so they can be a part of a conference and the learning opportunities the conferences provide.

  5. Virtual experience: Online conferences allow people to get used to connecting with other colleagues virtually.

A strong production company will make sure you have a good engagement plan and strategy to ensure conference attendees will be able to explore and heighten their understanding of difficult subjects while networking and engaging with each other.

The best way to engage for an internal conference at your company is to use Zoom effectively and utilize breakout rooms as well.

Contact Jumpwire Media to schedule a free consultation on how to run an effective internal conference here.