First-of-its-kind functionality standardizes expense management across clientele without disrupting existing card programs
PALO ALTO, CA, November 12, 2024 — Navan, the all-in-one global travel and expense management solution on a mission to make every trip easy, today announced the launch of the Navan Accountant Console, a centralized dashboard that streamlines spend management for accounting firms supporting multiple clients, users, and products. Leveraging the innovative card-link technology of Navan Connect, the console enables accounting firms to standardize client spend processes — regardless of clients’ existing bank and credit card partners.
Prior to the development of the Navan Accountant Console, accountants faced a forced tradeoff between becoming resellers of others’ cards or manually reconciling transactions of any number of clients’ card providers. Now, patent-pending Navan Connect technology consolidates multiple card feeds into a single dashboard. Combined with Navan’s multi-award-winning travel and expense management platform, the automated experience enables accountants to advise clients on T&E spend and focus on work that provides the most value to their clients.
"Navan works side-by-side with accounting and finance teams across our customer base and has for years listened to their frustrations with the options available to them,” says Navan Expense CEO Michael Sindicich. “Most expenses come from travel, and with the breakthrough tech of Navan Connect, CPAs and accounting firms can now automate expense reconciliation across their clients’ various banking and corporate card programs using a single dashboard, saving days of work.”
The United States has more than 86,000 CPA and accounting firms that provide outsourced accounting services to millions of clients, helping them manage their expense processes. The Navan Accountant Console empowers these firms to standardize spend management with dynamic spend policies, real-time transaction feeds, and direct GL integrations, including NetSuite, QuickBooks, and Xero. This speeds up month-end close and ensures accurate, compliant financial records.
“Navan fills the holes for our firms and clients with the controls and flexibility that no other expense management platform currently provides,” says Christine Triantos, President at Infinite Advisors, Inc. “Navan is revolutionizing expense management with user-centric design, credit card flexibility, and seamless travel spend control. It’s a total game changer.”
In addition to the benefits of Navan Expense, the Navan Accountant Console also delivers:
A Personalized Client and Staff Management Dashboard: A centralized view of all clients, including onboarding status and the ability to invite, assign, and manage accountants and their access to specific clients
Seamless Switching Between Client Accounts and Role-Based Access Control: Distinct roles for Console Admins and Console Users with appropriate permissions and the ability to log in as clients with role-specific permissions
Billing Consolidation: Aggregated monthly billing for all clients, with options for customizable payment responsibilities as well as the ability to view Individual client pages showing account information, assigned team, and monthly platform fees
The Navan Accountant Console is one of the many use cases for Navan Connect, which enables companies to automate and streamline expenses while keeping their existing banking and corporate card relationships. Currently available in 140 countries across North America, Europe, Asia-Pacific, and Latin America, the technology supports 100 different currencies and more than 250 global banks, including Citi, regional banks like Citizens, and fintechs such as Brex and Rho.
“Navan’s card-agnostic approach, coupled with its robust travel capabilities, incentivizes employees to save the company money on travel expenses,” says Deborah Defer, CEO and founder of Deborah Defer Consulting, LLC. “Additionally, Navan highlights policies in real time, allowing companies to manage with policies and use budgets to truly track spend.”
About Navan
Navan is the all-in-one solution that makes travel and expense easy so you can focus on being there, not getting there. Say goodbye to spending hours on the phone trying to change your flight or saving stacks of receipts to manually input expenses. From EAs and finance teams to travel managers and employees, Navan empowers people to concentrate on the things that matter most to them — all while providing companies with real-time visibility, savings, and control. Learn more at navan.com