Navan, the corporate travel agency previously called TripActions, rolled out a feature that enables companies to retain the benefits of their Visa and Mastercard corporate cards and still gain access to Navan’s automated expense management features.
Source: Navan
The new patent-pending feature, Navan Connect, saves enterprise clients and smaller companies, if applicable, from having to transition away from their corporate cards and their benefits to access Navan’s expense management features, the company said. “With the swipe of an enrolled card, expenses are automatically checked against company policy, categorized, and reconciled,” Navan states.
Previously, clients had to use a Navan Card to gain access to these features, launched three years ago, and this may have been a roadblock to Navan signing up more enterprise accounts.
“With Navan Connect, we’re expanding this convenience and efficiency to the corporate cardsthat our customers prefer, harmonizing personal choice with corporate needs,” said Navan co-founder and CEO Ariel Cohen in a statement. “It’s not just a product; it’s our pledge to simplify expense management while enhancing flexibility and control for businesses.”
Navan stated it intends to add other corporate cards to Navan Connect.