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Navan vs TripActions
September 27, 2023 | Author: Adam Levine
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Navan (formerly TripActions) is the only integrated Business Travel & Expense solution. Save time and money with discounted rates, policy controls, and productivity features. Eliminate out-of-policy spend with controls built right into corporate cards. Empower your employees to book and manage travel with ease and give your company unprecedented control over their travel program
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TripActions takes the pain out of corporate travel management with a complete solution that helps businesses control costs and keep employees happy
See also:
Top 10 Business Travel services
Top 10 Business Travel services
Navan and TripActions are two distinct software solutions serving different aspects of business operations. Navan is an enterprise resource planning (ERP) software designed to streamline and integrate various aspects of a company's operations, including financials, manufacturing, inventory, and more. It caters to medium to large enterprises looking for an all-in-one solution to manage and optimize their business processes comprehensively. In contrast, TripActions is a travel and expense management platform that specializes in simplifying corporate travel booking, expense tracking, and reporting. It is particularly suited for organizations that require efficient management of employee travel and related expenses.
See also: Top 10 Business Travel services
See also: Top 10 Business Travel services
Navan vs TripActions in our news:
2020. TripActions secures $500M credit facility for its new corporate travel product
TripActions, a unicorn startup based in Palo Alto and focused on corporate travel, has secured a significant credit facility of half a billion dollars. This funding will play a crucial role in supporting the launch of TripActions' second product line, known as TripActions Liquid. This new service addresses the needs of companies that do not provide corporate cards to their employees, offering an alternative to using personal cards for covering expenses related to corporate travel. By utilizing TripActions Liquid, employees can avoid shouldering the financial burden of business expenses. With TripActions Liquid easing the financial aspect and the TripActions platform streamlining the travel booking process, this development has the potential to improve the experience of working professionals in the corporate world.
2019. Corporate travel platform TripActions raised $250M
TripActions, a travel booking service designed specifically for large enterprises, has secured $250 million in Series D funding. Established in 2015, TripActions aims to replace outdated travel booking systems by offering a platform that seamlessly integrates with company HR and expense systems. With TripActions, business travelers can easily arrange flights, hotels, and transportation, while benefiting from round-the-clock global support provided by the startup's team. The funding will be utilized to accelerate the company's international expansion. Presently, TripActions boasts a workforce of 700 employees and maintains offices in cities like London, Sydney, and Amsterdam, among others.
2018. Corporate travel startup TripActions raises $154M
TripActions, a prominent travel startup based in Silicon Valley, has successfully raised $154 million in another round of venture capital funding, resulting in a valuation of over $1 billion for the corporate travel management company. TripActions offers a comprehensive corporate travel platform that seamlessly integrates with company HR and expense systems. Through TripActions, business travelers can easily arrange flights, hotels, and transportation, with around-the-clock global support provided by the startup's dedicated staff. Notable companies such as Dropbox, Lyft, Twilio, Allbirds, and Tuft & Needle have chosen TripActions as their travel management solution. The company has expanded its platform by introducing additional features such as TripActions Luxe, a VIP program catering to executive travelers, and TripActions' in-house Meetings & Event solution for group travel. Moreover, TripActions has developed the Guest Invite Portal, specifically designed for HR and recruiting teams. Recently, TripActions established its European headquarters in Amsterdam, which serves as an engineering and data science hub. With the recent investment, the company plans to further invest in research and development (R&D), artificial intelligence (AI), and machine learning to enhance its services.
