Navan Helps Spikeball Upgrade Its Expense Game
Spikeball is a backyard game of volleyball meets foursquare with more than 10 million people playing worldwide. As an organization in rapid growth mode, it didn’t have time to waste on manual processes and piecemeal expense management.
“We doubled our sales in 2020,” said Jurie Victor, Director of Finance and Accounting at Spikeball. “There were a lot of late nights.” In the search for a new travel and expense (T&E) partner, Spikeball needed a solution that hinged on automated expense management to maximize efficiencies.
Challenges
- •Manual expense management
- •Expensive inefficiencies among teams
- •Separate systems for travel, expense and payments
- •Rigid framework for policy changes
Results with Navan
- •Saved 15-20 hours/month and $120k/year
- •Reached 100% adoption rate in just 2 weeks
- •Implemented flexible, progressive spend policies
- •Secured a centralized platform for travel+spend management
Growing Company Looks for Efficiency
Before Navan Expense, Spikeball was your typical Wild West organization with an Amex. But as the employee base and company grew, Amex became unwieldy and inefficient.
“As we rapidly scaled, Amex was becoming too much of a manual process to reconcile and track,” he said. With no automatic feed to their expense management system, the finance team was on the hook to manually review transactions and map them to the general ledger.
Choosing a Trusted Partner
Spikeball was already using the Navan travel management platform and loved the interface, functionality, and service. When it came time for a new expense partner, Jurie looked at Expensify but it was hard to beat the great track record Spikeball had with Navan. “Because we had such a good experience with Navan, it was a logical progression,” Jurie said.
Quick Launch Time
The quick launch time further cemented Navan Expense as the right choice for Spikeball. From signing the contract to rollout, the implementation time took weeks instead of months.
Spikeball is now using Navan Expense with 100% adoption rate, and couldn’t be happier. Jurie loves the virtual cards, which the company uses for recurring charges because of the ability to automatically map and categorize them.
"Since switching to Navan Expense, we are saving 15—20 hours per month on expense management."
Jurie Victor
Director of Finance & Accounting