Glownet, the global leader in event technology solutions, is proud to introduce its latest capabilities, marketdesigned to empower event sponsors and their suppliers by providing unparalleled control over sales and revenue management. This innovative feature simplifies the complex processes involved in supplier management, allowing sponsors and suppliers to manage their finances more efficiently and transparently.
With this revolutionary update, Glownet continues to deliver on its mission to deliver industry-leading solutions that enable seamless event operations, giving promoters more time to focus on creating memorable experiences.
The main functions of the market include:
Automatic revenue sharing
The days of spending countless hours manually reconciling sales and splits are over. Glownet’s automated revenue sharing feature ensures revenue is distributed accurately and efficiently, freeing up valuable time for event creators.
Increase transparency and accelerate access to funds
Suppliers benefit from complete financial transparency and faster access to revenue before the event ends. By increasing visibility and control over their funds, suppliers can manage cash flow more effectively and with greater confidence.
“This new feature is a breakthrough for both promoters and suppliers,” said James Turner, senior vice president of business development at Glownet. “We provide a solution that gives both parties complete control over their revenue streams while streamlining operations. Promoters Same-day revenue sharing and settlement can be automated, and suppliers can easily track and access their funds, streamlining the entire process. ”
About Glownet
Glownet is a global leader in experience management platforms, transforming the events, travel and leisure industry with innovative solutions such as the newly launched Digital Wallet 2.0, designed to simplify digital payment and ticketing processes. With a proven track record of delivering over 7,500 large-scale projects and activating 11 million digital wallets globally, Glownet is a trusted provider of cutting-edge event technology solutions.
To learn more about the new Marketplace capabilities and other solutions, visit Glovenet.com or contact our sales team at hello@glownet.com.
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