iPhone app keeps tabs on cost of meetings

CFO Innovation Asia editors
05 Feb 2013

A new iPhone application gives companies and employees an engaging, accurate and easy way to keep tabs on productivity while calculating the real cost of meetings.

Developed by two Sarasota, Florida-based entrepreneurs, Programmer Patrick Denney and designer Miguel E. Elasmar, the iPhone Meetr app helps companies and employees calculate the cost of time spent by groups or individuals in meetings, conference calls or other events – all in real time.

Available for download on the iTunes store, Meetr version 1.1.0 helps answer the age-old question of “cost versus benefit,” with a humorous and entertaining twist.

Meetr works by allowing the user to quickly input meeting attendees and their estimated salary, providing a running total of the cost of time spent during a particular event. Meetr automatically organizes all completed meetings under “history”, as it runs a grand total for all meetings completed within an organisation’s life.

The user can also save a specific group of people for reoccurring meetings. Meetr costs are displayed both in time and US Dollars, and results can be shared in several different formats, including CSV files (compatible with most spreadsheets), graphs and even anonymously via Twitter.

The developers says using Meetr is simple - drop in the salaries of your employees, fire up the app and you'll see in real-time just how much that meeting is costing your company in terms of wages.

Many first-time Meetr users are shocked to see just how expensive a 'quick 15 minute meeting' is, says a statement released by the developers.

Designed not just as a tracking tool, Meetr also aims to spur productivity and provide an active motivator to keep meetings on-task and on-point.

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