Core Insights - Navan's platform provides a 16% annual savings on business travel for customers, as per a study by Forrester Consulting [1][3] - The study indicates a 376% return on investment (ROI) over three years with a payback period of less than six months [1][6] - Total benefits from using Navan are estimated at $9.1 million over three years, combining cost savings and productivity gains [6] Cost Savings and Productivity - Navan's platform consolidates multiple travel management systems into one, leading to significant savings and improved compliance [2][3] - One customer reported a 17% savings on travel spend in 2023, with expectations of 20% savings for 2024 and 2025 [3] - The platform's AI capabilities allow employees to book travel in under five minutes, with 70% of bookings made from the first five options presented [3][6] Market Position and Growth - Navan is positioned as a leading all-in-one business travel, payments, and expense management platform [7] - The Navan Business Travel Index indicates a 20% year-over-year increase in business travel activity in Q3 2025, significantly outpacing TSA travel data growth [9]
Navan Saved Customers 16% on Business Travel According to Total Economic Impact Study