Manual processes, lags in reporting, inefficient customer service: If this sounds like your company, you’re not alone. Due to outdated systems — or no systems at all — the pain of running a travel and expense program can be palpable.
Worse than that, your company could be wasting money and time.
There is a remedy. Innovative, technology-driven solutions are changing the way T&E gets done. And implementing them can result in dramatic changes — and savings..
Download our guide now: 7 Key Technologies Driving T&E Today.
Generative AI has been at the forefront of the technology conversation for almost two years now — and with good reason. While the full capabilities of GenAI are still being explored, it’s already playing an integral role in T&E. Finance teams can get deeper insights into spend in seconds, travel managers can better understand patterns in travel, and travelers can get more personalized recommendations than ever before. Navan’s chatbot, Ava, is bringing those benefits to companies today. And we’re just getting started.
For travel teams, New Distribution Capability (NDC) is becoming a necessity, as more airlines migrate more of their content to this platform. More flight options at various fare levels could mean more potential savings for your travel program — if, like Navan, your TMC has NDC-enabled airlines in its system. (See our in-depth analysis on NDC savings.)
For finance teams, many want to switch to a new expense management solution but also want to keep their current corporate or business card. Until last year, that was simply not an option. But Navan cracked the code with Navan Connect, which enables companies to keep their card and switch their system to get the best of both worlds.
And those aren’t the only benefits that technology can bring. See all of the innovations in our guide, 7 Key Technologies Driving T&E Today.