Navan, a major provider of travel and expense management reporting, has launched the Navan Accountant Console, a centralized dashboard that streamlines spend management for accounting firms supporting multiple clients, users, and products. The console allows accounting firms to standardize client spend processes, regardless of clients’ existing bank and credit card brands.
Accounting firms have traditionally been faced with manually reconciling transactions across multiple client card providers, or being a reseller of a branded spend management system. With Navan Connect, firms can now consolidate client spending on multiple card feeds using a single dashboard. Combined with Navan’s award-winning travel and expense management platform, the automated experience enables accountants to advise clients on T&E spend and focus on work that provides the most value to their clients.
“Navan works side-by-side with accounting and finance teams across our customer base and has for years listened to their frustrations with the options available to them,” says Navan Expense CEO Michael Sindicich. “Most expenses come from travel, and with the breakthrough tech of Navan Connect, CPAs and accounting firms can now automate expense reconciliation across their clients’ various banking and corporate card programs using a single dashboard, saving days of work.”
There are more than 86,000 CPA and accounting firms in the U.S. that provide outsourced accounting services to millions of clients, helping them manage their expense processes. The Navan Accountant Console empowers these firms to standardize spend management with dynamic spend policies, real-time transaction feeds, and direct GL integrations, including NetSuite, QuickBooks, and Xero. This speeds up month-end close and ensures accurate, compliant financial records.
“Navan fills the holes for our firms and clients with the controls and flexibility that no other expense management platform currently provides,” says Christine Triantos, President at Infinite Advisors, Inc. “Navan is revolutionizing expense management with user-centric design, credit card flexibility, and seamless travel spend control. It’s a total game changer.”
In addition to the benefits of Navan Expense, the Navan Accountant Console also delivers:
- A Personalized Client and Staff Management Dashboard: A centralized view of all clients, including onboarding status and the ability to invite, assign, and manage accountants and their access to specific clients
- Seamless Switching Between Client Accounts and Role-Based Access Control: Distinct roles for Console Admins and Console Users with appropriate permissions and the ability to log in as clients with role-specific permissions
- Billing Consolidation: Aggregated monthly billing for all clients, with options for customizable payment responsibilities as well as the ability to view Individual client pages showing account information, assigned team, and monthly platform fees
The Navan Accountant Console is one of the many use cases for Navan Connect, which enables companies to automate and streamline expenses while keeping their existing banking and corporate card relationships. Currently available in 140 countries across North America, Europe, Asia-Pacific, and Latin America, the technology supports 100 different currencies and more than 250 global banks, including Citi, regional banks like Citizens, and fintechs such as Brex and Rho.
“Navan’s card-agnostic approach, coupled with its robust travel capabilities, incentivizes employees to save the company money on travel expenses,” says Deborah Defer, CEO and founder of Deborah Defer Consulting, LLC. “Additionally, Navan highlights policies in real time, allowing companies to manage with policies and use budgets to truly track spend.”
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Tags: Accounting, Advisory, Firm Management
