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Stock impact report

Frasers Group Selects Navan to Elevate Global Travel and Expense Management

Navan, Inc. - Class A (NAVN) 
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Navan (NASDAQ: NAVN), the all-in-one travel, payments, and expense management platform, today announced it has been selected by Frasers Group, the retailer behind Sports Direct, FLANNELS, and FRASERS, as the company’s global partner for travel and expense management.In recent years, Frasers Group has gone from strength-to-strength, executing on its Elevation Strategy to rethink retail and build the planet’s most admired and compelling brand ecosystem. To support this bold ambition from an operational perspective, Frasers Group sought a partner that could centralise travel and expense globally, improve its employee experience, and unlock company savings.Navan’s unified platform will enable Frasers Group’s team members to book travel and submit expenses in one place, allowing for automatic travel payment and expense reconciliation. This provides their finance team with real-time visibility, automated policy compliance, and embedded cost-saving controls.“Nava Show less Read more
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