Navan announced it has been selected by Darktrace to upgrade its global travel program. As the UK-based cybersecurity company grows, Darktrace sought a partner to consolidate its travel operations, minimize administrative burden, and improve the booking experience for its workforce. Previously hampered by friction processes, Darktrace required a solution that would increase platform adoption and empower its employees to travel more regularly while also cutting travel costs.
Key anticipated benefits from the partnership include: Cost savings: Targeting total annual savings of more than PS1 million through the removal of offline fees and access to more competitive prices. Higher adoption: Targeting 95%+ user adoption, from historic adoption rates as low as 35%, by providing access to rail content and unrivaled inventory. Operational efficiency: Automating reconciliation through virtual payment cards to close books faster, while providing Darktrace's finance teams with accurate visibility into spending trends and forecasting.
Navan's unified, AI-powered platform provides Darktrace with a single global solution for travel and payments. The integration of Navan's travel payment solutions will automate flight and hotel payments through built-in virtual cards, streamlining reconciliation. The partnership reinforces Navan's position in the enterprise market, demonstrating that a user-centric approach to travel remains the solution of choice for multinational organizations such as Axel Springer, Frasers Group, and Yahoo.
