Navan
Unrivaled visibility, control, and savings for corporate travel and expenses.
Executive Summary
Navan (formerly TripActions) is an all-in-one cloud-based platform that streamlines corporate travel booking, expense management, and financial reporting. It is designed for businesses of all sizes, from small businesses to large enterprises, empowering employees and finance teams. The platform centralizes travel and expense processes, automates categorization, ensures policy compliance, and provides real-time analytics to drive cost savings and efficiency.
Use Cases
- Streamlining corporate travel booking and management for employees and administrators.
- Automating expense reporting, receipt capture, and reconciliation processes.
- Ensuring real-time compliance with company travel and expense policies.
- Gaining comprehensive visibility and control over all business travel and expense spend.
- Managing corporate cards, personal card reimbursements, and integrating with ERP systems.
- Optimizing travel costs and identifying savings opportunities through advanced analytics.
Features
Visibility
- Comprehensive Analytics Dashboard: Offers detailed insights into travel and expense data, helping identify trends and optimize spending with interactive visualizations.
- Real-time Spend Tracking: Provides instant visibility into all corporate spending, allowing finance teams to monitor and control budgets as transactions occur.
- Customizable Reporting: Enables users to slice and dice data using various filters and categories to generate tailored reports for specific business needs.
Intelligence
- Automated Expense Reporting: Automatically captures, categorizes, and reconciles expenses using AI, reducing manual effort and potential errors.
- AI-powered Savings Identification: Utilizes AI to identify cost-saving opportunities and spending patterns within travel and expense data.
- Integrated Policy Compliance: Ensures all travel bookings and expenses adhere to predefined company policies through automated checks and flagging of out-of-policy transactions.
- Personalized Travel Recommendations: Offers tailored flight, hotel, and rental car suggestions based on traveler preferences, past bookings, and loyalty programs.
Support
- 24/7/365 Customer Support: Provides around-the-clock assistance via phone and chat for travel disruptions, changes, and expense-related queries.
- Mobile App Accessibility: A user-friendly mobile application for iOS and Android allows for on-the-go booking, expense reporting, and management.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- NLP
- Machine Learning
- LLM
Integrations
- NetSuite
- SAP
- Workday
- Oracle
- QuickBooks
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001, PCI DSS, GDPR
Encryption: AES-256 at rest, TLS 1.3 in transit
Pricing
- Model
- Per user/month, Custom enterprise
- Starting Price
- Contact sales (reports suggest $10-$25/active user/month for enterprise plans).
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual, Monthly available
- Free Trial
- Yes, Free trial period available (duration not specified). (credit card required)
About Navan
Navan, Inc., founded in May 2015 by Ariel Cohen and Ilan Twig (originally TripActions), is a global, AI-powered platform headquartered in Palo Alto, California. It offers an integrated solution for corporate travel, corporate cards, and expense management, serving over 10,000 companies worldwide.