Citi taps Navan to launch travel and expense system for commercial clients
Citi and Navan have jointly launched a new travel and expense system designed for Citi Commercial Bank cardholders.
Citi partners Navan for travel and expense system
Navan’s travel and expense management solution has been combined with the bank’s commercial card offerings by leveraging Navan Connect, its card link technology. This new system will initially be available only to US-based commercial clients.
“Citi and Navan are now well-positioned to deliver a more efficient way to manage travel and expense programs, with a platform that’s easy to use for both travelers and finance teams, while aiming to alleviate the challenges that sometimes come with expense reporting for cardholders,” comments Gonca Latif-Schmitt, global head of Citi’s commercial cards.
“This collaboration provides an opportunity for Citi to grow its commercial cards business by partnering with our Commercial Bank, while also offering travel booking and expense management technology.”
Citi claims to support more than 25,000 global commercial card programmes with seven million cardholders worldwide, with more than $42 billion in annual charge volume in the US alone.
