The ever-shifting world of business comes with no shortage of challenges, and every year presents its own unique obstacles. This year has teed up its own slate of issues, which can affect teams company-wide — from travel and finance to HR, ops, and admins.
Here’s the good news: Changing how your company approaches T&E management can have an outsized effect in overcoming these challenges. After all, since business travel comes with many nuances, navigating them effectively requires sophisticated solutions. And on the finance side, the continued preponderance of manual processes hinders many teams from moving as quickly as they need.
That’s why we put together this guide:
Here are two of these challenges.
With many global factors contributing to today’s macroeconomic concerns, it’s no surprise that this was the No. 1 concern for 30% of respondents in one survey.
Some companies react to uncertainty by cutting costs, including the volume of work trips their employees take. However, that can be counterproductive to a company’s growth. After all, face-to-face meetings help build relationships and close deals, while travel to conferences and off-sites can be key to hybrid teams working more effectively and coming up with big ideas.
Navan has always focused on cost-saving features so companies can maximize the volume of trips they can take. We offer 21 (and counting) NDC connections, which have been proven to save companies money and provide their travelers with more flight options. And our robust spend controls help manage costs effectively by implementing policy controls and allowing managers to see what’s being spent in real time.
Fraud is one of the top regulatory challenges of 2025, per KPMG. And it doesn’t have to involve AI-created deep-fakes or cyberattacks. Fraud can occur with corporate cards, employee expense reports, and employee reimbursements — and it may not even be intentional. But when it happens, it can be damaging to a company’s bottom line, as well as its reputation.
That’s why Navan was built with robust controls around expense policies and spending limits, which can be set at a granular level. Navan Expense also allows for issuing virtual cards and comes with the ability to monitor spend in real time — both of which are features that can help stop fraud before it happens.
These are just two challenges companies can combat with innovative T&E tools and strategies. Get all seven in our guide,
This content is for informational purposes only. It doesn't necessarily reflect the views of Navan and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.