ISOPLUS selects Navan to consolidate global travel operations

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Riya DScanX News Team
Key Highlights

ISOPLUS selects Navan to consolidate global travel and expense operations, targeting a 10% cost reduction and improved policy control. The shift addresses previous issues with unmanaged travel and manual processing of 6,000 annual expense reports.

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ISOPLUS, a leading manufacturer of pre-insulated pipe systems, has selected Navan to consolidate its global travel and expense operations. The partnership aims to establish policy control, eliminate manual accounting, and drive measurable cost savings. ISOPLUS anticipates a 10% cost reduction in travel spend by deploying Navan’s AI-powered platform.

The decision follows the success of Navan’s partnership with the wider Viessmann Generations Group. ISOPLUS is moving away from significant unmanaged travel and expense, addressing a lack of proactive policy control that previously resulted in an estimated 25% of travel booked outside its system.

Dirk Seibert, Head of Group Legal & HR, and Chief Compliance Officer at ISOPLUS, highlighted the operational benefits. "Navan automates that tedious work and gives us the real-time financial control we need to run a tighter, more efficient business," said Seibert. He added that the technology would provide employees with an easier experience and a more compliant process for booking travel and managing expenses.

Prior to this implementation, the finance team at ISOPLUS processed approximately 6,000 expense reports per year with high manual effort and limited control. By deploying Navan, the company expects to establish smarter automated workflows to mitigate these challenges.

Zahir Abdelouhab, SVP, Enterprise Sales at Navan, emphasized the strategic value of the solution. "When a business is pushing for serious, long-term growth, they need to be out in the world meeting clients and building new business relationships," said Abdelouhab. "The last thing it needs is a slow and fragmented travel and expense solution."

Key Operational Metrics

Metric Previous State Anticipated Outcome
Travel booked outside system 25% Reduced via policy control
Expense reports processed annually 6,000 Automated workflows
Travel spend cost reduction N/A 10%

How will ISOPLUS measure the success of the 10% cost reduction target over the next fiscal year?

Could the successful implementation at ISOPLUS trigger wider adoption of Navan across other subsidiaries within the Viessmann Generations Group?

What specific AI features within Navan's platform will be most critical in shifting employee behavior away from out-of-policy bookings?

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Navan launches unified events platform for corporate meetings

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Reviewed by
Riya DScanX News Team
Key Highlights

Navan has introduced Navan Events, a unified platform integrating venue sourcing, travel booking, and financial reporting to simplify corporate event management. The solution features AI-powered planning, end-to-end management tools, and premium support services. It is currently available in the U.S., UK, and European markets.

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Navan (NASDAQ: NAVN) has launched Navan Events, a unified platform designed to streamline venue sourcing, attendee travel, and financial reporting for corporate meetings and events. The platform aims to address the administrative friction and compliance challenges created by manual processes and patchwork tools in legacy event management. By centralizing the entire event lifecycle, Navan Events provides a seamless experience for users ranging from small team offsites to large customer conferences.

Platform Capabilities

The new solution delivers comprehensive capabilities designed to modernize event planning:

Feature Description
End-to-End Management Integrates venue sourcing, hotel RFPs, attendee registration, and travel management. Admins can track approval flows for budget forecasting and individual attendee travel spend.
AI-Powered Planning Features an intelligent event assistant to guide planners through sourcing and negotiations.
Premium Service and Support Provides direct access to Navan’s specialized corporate meetings and events team for support with event sourcing, contract negotiations, or full service on-site management.

Strategic Expansion

Navan Events represents the next step in the evolution of Navan's advanced venue sourcing and planning capabilities, which were announced earlier this year. The platform is available in the U.S., UK, and European markets this week, with plans to launch in other markets soon. Navan Events will exhibit at The Business Travel Show 2026 on June 24-25 at Excel London.

"Navan makes life easier for our users so they can focus on being there versus getting there," said Galen Grady, SVP and GM of Navan Events. "Nothing replaces real, in-person connections, but planning and coordinating events can be a major time suck. Our customers want the same seamless experience for managing meetings as they do for all of their other needs. Enter Navan Events, which brings all those scattered pieces together in one place."

How will Navan Events differentiate its AI-powered planning capabilities from existing AI tools in the competitive event management market?

What is the expected timeline for the platform's expansion into markets outside the U.S., UK, and Europe?

How will the integration of Navan Events impact Navan's overall revenue growth and customer retention rates in the fiscal year?

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