Navan : Simplifying Travel and Expense Management for SMBs
Navan: in summary
Navan is an all-in-one business travel and expense management solution designed for small to medium-sized businesses, specifically for organizations counting up to 250 employees.
Tailored to streamline the complexities of corporate travel, Navan enables employees to book travel that aligns with company policies, while administrators maintain full visibility and control over expenses. This platform is perfect for businesses across various industries that require efficient travel management and expense tracking.
With user-friendly features and access to discounted rates, Navan ensures both cost savings and productivity enhancements, making it an ideal choice.
Its benefits
No booking fees or hidden costs
Access to exclusive travel discounts
Easy creation of travel policies across the organization
Its disadvantages
Navan is not suited for companies with less than 250 employees
Appvizer's opinion
After a thorough review and hands-on testing, we found Navan to be an exceptional tool for managing business travel and expenses.
The platform’s seamless integration of travel booking and expense tracking simplifies the entire process, from initial booking to final expense reporting. We appreciated the user-friendly interface that allows employees to easily book travel within company policy while still benefiting from their personal loyalty programs. On the other hand, the automatic expense categorization and real-time visibility into spending are standout features, enabling administrators to manage budgets effectively and reduce the risk of overspending.
The ability to set and enforce travel policies across the organization ensures compliance and prevents unnecessary expenditures. Additionally, the access to exclusive travel discounts is a significant advantage, providing substantial cost savings for businesses.
Moreover, the platform’s customer support is commendable, offering prompt and helpful assistance whenever needed. The comprehensive reporting and analytics tools provide valuable insights into travel spending patterns, aiding in better decision-making and budget management.
Overall, Navan offers a comprehensive, cost-effective solution that addresses the core challenges faced by businesses in managing travel and expenses.
Navan: its rates
Navan is primarily free, without hidden fees.
For large-scale organisations, a premium plan is available upon quotation, having features such as:
- The full suite of Navan Travel and Navan Expense,
- Unlimited travellers and expensing users,
- Global program coverage,
- Designated Account Executive and CSM,
- Custom implementation.
Standard
Rate
On demand
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Navan: the complete test
Our test of Navan highlighted 3 features that set it apart from its competitors, as Navan’s business travel management capabilities extend beyond booking and expense tracking.
Streamlined Booking Process
When we, as employees, need to travel, we can easily access the Navan app to book flights and hotels that comply with company policies, avoiding booking non-allowed expensive services, for instance. The app ensures that bookings are within policy guidelines, and we can benefit from our personal loyalty programs.
During our test, we also noticed the convenience of the booking process, which allows us to choose from a wide range of options while adhering to company policies. If a booking requires managerial approval, it can be swiftly processed within the app. Otherwise, the booking proceeds without delay, making the entire process efficient and user-friendly.
Automated Expense Management
Navan’s expense management feature is particularly impressive. During our test, we found that expenses incurred during a trip were automatically categorized and attributed to the relevant trip, eliminating the need for manual entry and reducing the risk of errors. This automation ensures that all expenses are accurately tracked, providing a clear picture of travel-related spending.
The platform also integrates personal loyalty programs, allowing us to accumulate points while travelling for business, which is a notable benefit for us.
Comprehensive Business Travel Solutions
During our testing, we explored the business travel management module, which offers a holistic view of the company’s travel activities. This module enables administrators to monitor:
- who booked what,
- where,
- and when,
providing granular details that are essential for effective travel management.
The ability to enforce travel policies and automate approvals streamlines the entire travel booking process, reducing administrative burden and enhancing overall efficiency.
The platform offers detailed reporting and analytics, giving administrators insight into travel spending patterns. This visibility helps in optimizing travel policies and identifying areas for cost savings. Additionally, the centralised system simplifies the reconciliation process, ensuring that all expenses are accounted for accurately and promptly.
By integrating travel booking and expense management into a single platform, Navan provides a unique and valuable solution for SMBs, like Appvizer.
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