Managing Matters Inc. sets new standard for Association Management Companies by signing with Meeting Escrow

Managing Matters Inc., the Toronto - based Events and Association Management Company (AMC) has signed on with Meeting Escrow Inc., setting a new standard in stewardship and fiduciary responsibility for the Association Management sector. Established within the Meetings Industry to provide protection for client advance deposits while ensuring timely payment to supplier-partners, Meeting Escrow’s expansion to the AMC sector is a logical application of its services.

"At Managing Matters, we hold each of our association client’s funds in separate bank accounts to ensure the highest standards of transparency, audit and accountability. But once advance deposits are paid to supplier-partners such as hotels, DMCs, production companies and other providers, the segregation of funds has typically ended. To provide 100% security to our clients and to the supplier-partners with whom we work, we will be offering Meeting Escrow’s service going forward. We welcome this important new initiative from Grant Snider and see Meeting Escrow as a game changer for the Meetings Industry at large,” said Jenny Faucher, President of Managing Matters Inc.  

Grant Snider, Founder and President of Meeting Escrow commented: “Managing Matters Inc. has an impeccable reputation in the AMC sector and, for this reason, it’s a source of great pride that they have decided to sign on with Meeting Escrow. In an unregulated marketplace companies with strong vision, mission and values will set new standards by self-regulating and operating in accordance with global best practices regarding deposits and payments.. Managing Matters is this type of company and Meeting Escrow looks forward to a long and fruitful collaboration with Jenny, her team and their list of prestigious association clients”.  

Meeting Escrow was founded by Grant Snider in early 2015 to bridge the “trust gap” in an unregulated marketplace between buyers and sellers of Meetings Industry services. Both parties sign an escrow contract with Meeting Escrow for the total amount to be protected. Funds are wire transferred by the buyer directly to a distinct, uniquely identified Meeting Escrow bank account to the benefit of the supplier-partner and then the individual deposit payments are wire transferred out per the deposit payment schedule in the contract. Client funds are secure and fully protected and supplier-partners are paid on time.  

Grant Snider brings lifelong Meetings Industry experience and an indisputable reputation as a person of integrity and trust to Meeting Escrow. Following an early career in the hotel industry, Snider moved to the destination services sector eventually becoming co-owner of JPdL, Canada’s largest DMC. He sold his stake in the company in 2014. Over the years he has served in a variety of leadership positions in meetings industry associations such as ADMEI, SITE and FICP.

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