What does "Budget Management" in Cvent Sourcing help users with?

"Budget Management" within Cvent Sourcing is a critical feature that assists users in maintaining an accurate budget throughout the sourcing process. This entails tracking various expenses related to events, ensuring that all projected costs align with the actual expenditures incurred. Users can input different budget items, monitor changes, and adjust forecasts as necessary, which allows for informed decision-making and helps prevent overspending.

The other options, while essential elements of event planning, do not specifically pertain to the financial aspects that Budget Management addresses. Creating event invitations focuses on the outreach aspect of events, tracking venue responsiveness deals with communication efficiency, and arranging venue tours is about logistical planning. Each of these areas is important for the successful execution of events, but none encompasses the financial oversight provided by Budget Management.