Citizens bank and Navan, the travel management platform, announced an agreement that combines Navan’s travel and expense solution and Citizens’ commercial banking services. The partnership, according to the announcement, leverages the card-link technology of Navan Connect to create a seamless digital experience for Citizens customers. The new, co-branded travel and expense system was designed exclusively for Citizens corporate card customers and features a custom design and interface that aligns with Citizens branding, according to the announcement.
Michael Sindicich, CEO of Navan Expense, said, “The new co-branded travel and expense platform is designed specifically for Citizens, offering its commercial card customers a T&E solution with the modern experience they have come to expect.”
According to the announcement, Citizens commercial cardholders will now benefit from:
- Streamlined processes: This integration allows for “effortless” management of travel bookings, expenses and payments, all in one unified platform. Transactions are automatically reconciled, reducing administrative burdens and ensuring compliance with company policies.
- Better financial control: Finance teams will benefit from enhanced spend controls tailored to their specific needs. Whether managing expenses at the employee level or overseeing departmental budgets, the integrated platform offers granular control and real-time visibility, empowering decision-makers with actionable insights.
- A single, user-friendly T&E Tool: Travel booking and expense management iare ombined into a single, user-friendly tool, reducing administrative burden and optimizing processes.
Rodrigo Sanchez, head of commercial card solutions at Citizens, said business travel continues to evolve, adding to the complexities facing mid-size businesses that aim to manage travel strategically and efficiently. By pairing the use of corporate cards with the latest travel management technology, he said, “companies have more control over their expenses and can get the maximum benefit from their travel spend.”