In the fast-paced world of robotics automation, Path Robotics has emerged as a trailblazer. As the company expanded globally — and doubled in size in 2020 and again in 2021 — so did the challenges in managing travel and expenses. But then, Path Robotics found a consolidated, one-stop shop that provided a streamlined solution and achieved 100% adoption in less than three months.
Facing the complexities of a rapidly growing enterprise, the company’s patchwork of Concur, Forrester Travel, a national bank, and Teampay needed to become more efficient with expenses pouring in from various corners of the world.
Path Robotics found its answer in Navan’s comprehensive suite of products, which integrated travel management, expense management, physical cards, and virtual cards into one accessible platform. The onboarding process was seamless, and the company achieved nearly 100% adoption within three months.
Navan’s impact was immediate and transformative. Cumbersome processes around payments and expense management were overhauled, and controls embedded in physical and virtual cards eliminated out-of-policy spending. The result? A remarkable 15% savings in travel expenses within the first few months.
Navan’s integrated dashboard also provided real-time analytics that gave Path Robotics insights into operational efficiency, expenditure trends, and profit margins. The finance team no longer needed to spend hours manually managing currency conversions, as Navan’s automated features took care of the task.
As Path Robotics grew, the company leveraged Navan to keep non-revenue-generating units agile. Tasks that once consumed 20-plus hours a week were reduced to just one to two hours, which allowed the finance team to focus on more strategic initiatives.
Path Robotics’ journey — from struggling with fragmented travel and expense management to achieving streamlined global growth with Navan — is a testament to the power of innovative solutions in propelling companies forward.