Navan has shared an update.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Navan highlighted results from enterprise customer Solina, which operates in 20 countries with nearly 1,000 business travelers. According to the post, Solina implemented Navan as a single global platform for booking and managing travel and tracking spend, achieving 80% mobile app adoption, a 4.4/5 customer satisfaction score, and €321,000 in cost savings over 10 months. The rollout reportedly included coordinated implementation with Solina and technical integrations tailored to the client’s needs.
For investors, this case study underscores Navan’s ability to generate measurable cost efficiencies for large, multinational clients, which is a key value proposition in the corporate travel and expense management market. Demonstrated savings and high adoption rates can support Navan’s customer retention, pricing power, and sales pipeline, particularly among enterprises seeking global standardization of travel tools. If replicated at scale, such outcomes may enhance recurring revenue growth and strengthen Navan’s competitive position versus incumbent travel management and expense platforms, though the post does not provide information on contract size, margins, or the sustainability of these savings over time.

