Navan

Navan Negotiation Insights

In our Vendr platform, you can find resourceful intel on discount levers & commercial items for Navan. To help you get started, we'll share one example of each:

Discount Lever: Volume Discounts

When purchasing Navan, consider the possibility of volume discounts. Many vendors, like Navan, often provide discounts when businesses buy their product in bulk. Businesses can thus take advantage of economies of scale to buy more for less.

Commercial Item: Length of Agreement

With Navan, increasing the length of your agreement can also result in substantial savings. Vendors often offer more favorable terms to companies that are willing to commit to longer-term agreements. Although the total contract cost may seem higher, the cost per unit time over the life of the contract is typically lower.

To explore additional discount levers and commercial strategies for negotiating your Navan contracts, sign up for a free forever Vendr account. There are multiple negotiation insights available for Navan, and a Vendr account can provide you full access to them.

Community Insights for Navan

Here are some recent insights shared by our community members on their experiences with Navan:

1. "This was a new purchase for the team, and upon reviewing the initial offer, we decided to target the platform fee (1,000 EUR per month) and implementation fees (17,500 EUR annually) as we anticipated they could be waived up to 50-100%. That said, we were able to reduce the offer completely, going from 29,500 EUR in first-year annual fees to 0 upfront costs." - Community Insight was posted 1 month ago.
2. "We were able to retain our ~35% first year discount at our first renewal by citing budget constraints, the impact of the economic environment, and a great relationship in year 1 after they planned to remove the entire discount." - Community Insight was posted 4 months ago.

Learn more about how to navigate your SaaS procurement journey with Navan by signing up for a free forever Vendr account. When you join, you'll unlock additional insights such as the estimated time to implement Navan, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. Currently, there are a total of 2 community insights available for Navan.

Navan Overview

Navan is a well-established solution that focuses on providing travel, expense, and corporate card management services to global customers. Committed to streamline financial operations, Navan offers automated processes that significantly improve the visibility of business expenses.

The utilization of Navan spans across different key areas of business operations. Primarily the tool is acknowledged for its prowess in Business Travel sector. The tool is designed to cater to businesses of various scales, with an average customer size of 450.

Moreover, Navan has also made its mark in the Finance sector, offering dedicated expense management services. This facet of Navan caters to larger organizations with an average size of around 900.

In the eyes of market experts, Navan falls under the category of a leader for its services in the Business Travel segment while being an up and comer in the Expense Management area. The testament to its performance and reliability can be seen by the impressive retention rates, which are 100% for both its services.

Compliance and Security

Navan ensures strong compliance and robust security for its users. It eagerly adheres to the General Data Protection Regulation (GDPR), ensuring the data privacy and protection of its customers across the globe.

Navan implements SOC2 controls to maintain high standards in executing and managing customer data. This audit provides a comprehensive assessment of Navan's controls and their effectiveness when it comes to security, availability, processing integrity, confidentiality, and privacy.

To further enhance security, Navan supports Multi-Factor Authentication (MFA) and Single Sign-On (SSO), promoting secure access to its platform. Coupled with adherence to Personally Identifiable Information (PII) and Data Protection Act (DPA) regulations, Navan provides an industry-grade secure solution for its customers.