What’s one downside of an acquisition?
While acquisitions come with plenty of upsides, they may also result in inherited software solutions, which can add undue complexity to a company’s tech stack.
That’s what happened with Quickbase, as reported in a recent case study. The Boston-based software company was using CWT and Concur for travel and expense management, plus Amex for p-cards. Then, in 2019, an acquisition brought three more expense management platforms for three different countries. Suddenly, Quickbase was swimming in T&E software.
That web of solutions slowed the overall process; in fact, a full 40% of the expenses processed through Concur had to be manually approved. As a growing company with more than 750 employees, that was a problem. “We were struggling to keep us,” said Diana Ciccolini, Quickbase’s Sr. Manager of Accounting.
That wasn’t the only obstacle. Employees were booking travel off-platform — where they found better prices — and reimbursements for their out-of-pocket expenses were slow.
Quickbase needed a change.
After achieving only satisfactory results with Ramp, Quickbase discovered Navan. And it’s been a sea change.
Thanks to policy controls, a robust inventory, dynamic pricing, and a high adoption rate, the travel program has realized some serious savings: 20% on both flights and hotels.
Group travel, which Quickbase found difficult to manage with Concur, is a breeze with Navan. Ciccolini has also appreciated how credits from canceled flights on Navan are automatically applied to the next booking — a feature they didn’t have with Concur.
And the finance team has seen a couple of dramatic increases with Navan: in productivity, as manual expense approvals have dropped by a whopping 70%; and with visibility into spend. Now, Seth Yaniv, Quickbase’s Sr. FP&A Analyst has the ability to head off budgeting issues before they become problems.
Increased efficiency plus lower costs, all with a unified T&E solution: It’s why we built Navan in the first place. Navan changed the game for Quickbase, and we can be a game-changer for your company as well.
Read the full Quickbase case study.