Navan Expense Streamlines Visibility and Efficiency This January

As the role of finance professionals evolves, visibility and efficiency are not just goals — they’re necessities for managing your company spend. This January, Navan Expense introduced new features to simplify approval and reporting processes, including a combined transaction list with more spend details and custom fields to save you time.

These exciting developments are part of Navan’s commitment to solving customers’ most challenging pain points in the expense management process. Whether you’re a traveling employee, program administrator, finance manager, or CFO, Navan is designed to streamline the entire T&E process.

Here’s what we’ve recently released.

Combined Transactions List

What’s New:

All expense transaction types are now integrated into a single, comprehensive list within the Activity tab. This update streamlines your expense management by merging manual transitions and reimbursements from your Navan card or any enrolled Visa or Mastercard corporate card program through Navan Connect.

Why It Matters:

Gone are the days of juggling multiple lists for different transaction types. This change is a significant development for efficient operations, as it reduces the administrative burden on approvers and administrators.

By offering this consolidated view, Navan Expense enhances visibility into total expenditure and streamlines reporting and reconciliation processes. 

Adding More Custom Fields

What’s New:

Responding to customers’ feedback, Navan Expense now features the ability to request additional custom fields tailored to your unique business needs. Custom fields allow for including essential details during travel booking or expense submission, which enhances the depth of information captured.

Why It Matters:

This flexibility ensures that expense tracking is thorough and customized to each business’s specific operational needs. Whether segmenting expenses for different user groups or enriching reporting data, these custom fields offer more intelligent insights and a more nuanced understanding of all company spend. 

For example, imagine a customer success team traveling for an event. Adding an “event” custom field lets team members tag expenses accordingly, which makes tracking and monitoring these expenses a breeze.

Need more custom fields? Contact your account manager.

These key updates are more than just features; they represent Navan Expense’s dedication to empowering finance leaders. And they’re just the tip of the iceberg for what’s to come. 

By enhancing visibility and streamlining processes, Navan Expense is setting new standards in expense management. 

Explore modern expense management with Navan Expense today.