Navan

About

Navan is an end-to-end corporate travel and expense (T&E) management platform designed to streamline business travel for companies of all sizes. It offers a centralized system for booking flights, hotels, trains, and rental cars, utilizing an extensive inventory that includes corporate-negotiated rates. This consolidation allows businesses to manage their travel programs easily, ensuring compliance with company policies through set spend guardrails and providing 24/7 travel support for changes or emergencies. A key benefit for business users is the integration of Navan Travel and Navan Expense, which centralizes spend management from booking to reconciliation. The platform automates payment reconciliation through unique virtual cards for bookings and allows for centralized spend using Navan corporate cards or existing corporate cards through Navan Connect. This visibility and control lead to operational efficiency and cost savings, which Navan estimates can be around 15% due to its inventory, compliance features, and incentive programs. Furthermore, Navan supports work-life balance through features like "bleisure travel," allowing employees to easily add personal time to business trips while retaining access to corporate benefits and negotiated rates. The Navan Rewards program incentivizes employees to make cost-effective hotel bookings by offering rewards toward personal travel, which is fully funded by Navan, encouraging cost-conscious behavior without additional expense to the company.