Wise, the London-listed money transfer company, has picked Navan to run its global business travel programme, adding another financial services name to the travel and expense platform’s client list.
Navan said Wise expects the switch to give employees a wider choice of fares on long-haul trips, cut costs through competitive fares, negotiated hotel rates and booking tools, and provide real-time cost-centre data, traveller tracking and carbon reporting.
“Our teams travel across the world to work together and support our customers, so it’s important that booking and managing travel is straightforward,” said Hanro Hennig, VP Global Real Estate, Workplace and Risk at Wise. “We’re working with Navan to make that experience simpler, while giving us better visibility and control over travel costs.”
Zahir Abdelouhab, SVP of Enterprise Sales for EMEA at Navan, said the platform would help Wise “cut down on manual reporting and give its teams a clearer view of where people are traveling, what it costs, and where there’s room to save”.
Wise, which is listed in London and on Nasdaq, joins nearly 1,500 financial institutions that use Navan, including Visa, Block and South Africa’s Investec, which selected Navan for its global travel programme last month. The Nasdaq-listed company has also recently signed manufacturer Ingersoll Rand as it extends its push into large corporate accounts.
