![]() The company has also been focused on acquisitions. This allows employees to get reimbursed within 24 to 48 hours. For example, the company rolled out its global rapid reimbursements program. Navan has since made a strong comeback and continues to innovate its platform. But it was able to secure financing – which helped keep the business afloat. When the COVID-19 pandemic emerged, Navan suffered a steep decline in business and the company had to lay off hundreds of employees. It also added ChatGPT technologies that can assist with things like creating personalized itineraries. ![]() The company, which recently changed its name from TripActions, leverages next-generation technologies like machine learning and artificial intelligence to lower costs and improve the user experience.
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