Navan

Navan: The All-in-One Corporate Travel and Expense Management Platform

What is Navan? Navan is a comprehensive platform designed to streamline corporate travel and expense management, offering businesses an efficient way to manage travel programs, company cards, and team offsites. This powerful tool aims to save time, enhance efficiency, and reduce costs associated with business travel and expenses.

Key Features and Benefits

• One-Stop Shop for Travel: Navan Travel allows employees to easily book travel from an extensive inventory while adhering to company spending limits. It simplifies the process of building, managing, and scaling a company's travel program.
• Centralized Spend Management: Navan Expense automates expense categorization, reporting, and reimbursements. By streamlining expense management from the initial swipe to reconciliation, it boosts productivity and optimizes savings with AI-powered insights.
• Flexible Payment Options: Navan Payments offers control and efficiency in managing travel and expense (T&E) programs. It supports Navan corporate cards, Navan Connect (compatible with Visa, Mastercard, and American Express), and reimbursements for personal card spending.

How does Navan work?

Navan integrates various components to provide a seamless experience for both travelers and administrators:

1. Booking and Management: Employees can book and manage travel in one place, earning points from loyalty programs and Navan Rewards for personal trips.
2. Policy Enforcement: Travel managers can set spending guardrails, ensuring employees stay within company policies. The platform enhances duty of care by providing real-time location information of travelers.
3. Expense Automation: Finance teams benefit from automated expense categorization and reconciliation, with full visibility into expenses in real-time. Key expense data integrates with ERP systems, and out-of-policy transactions are automatically flagged.
4. Executive Assistance: Executive assistants can easily book trips tailored to executives’ preferences, automate itinerary emails and calendar syncing, and access 24/7 expert support.

Why choose Navan?

Navan offers several advantages that make it a preferred choice for corporate travel and expense management:

• Increased Savings: Companies can achieve significant cost savings through Navan’s extensive travel inventory, rewards program, and compliance features. One customer estimated savings of around 15%.
• Enhanced Visibility and Control: The platform provides unparalleled visibility into travel and expense spending, allowing for better control over budgets and compliance.
• Improved Efficiency: By automating various tasks such as expense reporting and reconciliation, Navan reduces administrative burdens and increases overall efficiency.

Who is Navan for?

Navan is designed to cater to various roles within an organization:

• Road Warriors: Employees who travel frequently can book and manage their trips, earn rewards, and eliminate the hassle of expense reports.
• Travel Managers: Those responsible for managing company travel programs can invite employees, set spending policies, and ensure traveler safety.
• Finance & Accounting Teams: Finance professionals gain real-time visibility into expenses, automate reconciliation, and integrate data with ERP systems.
• Executive Assistants: Assistants can streamline travel arrangements for executives, automating itineraries and leveraging expert support.

Navan Pricing

Navan offers customized pricing plans based on the specific needs of the organization. Contact Navan directly to discuss pricing options tailored to your business requirements.

Real-World Applications

From small businesses to global enterprises, companies across various industries have realized substantial benefits using Navan. Industries such as energy, financial services, technology, and more have leveraged Navan to optimize their travel and expense management processes.

Conclusion

Navan stands out as a leading corporate travel management platform by offering an all-encompassing solution that simplifies travel booking, automates expense reporting, and provides detailed insights into company spending. Its user-friendly interface and robust features make it an excellent choice for businesses looking to streamline their travel and expense processes, improve compliance, and reduce overall costs. By adopting Navan, companies can empower their employees, enhance financial oversight, and drive greater efficiency in their operations. The comprehensive suite of tools and services that Navan provides positions it as a key player in the corporate travel and expense management landscape, offering a scalable and effective solution for organizations of all sizes.