PALO ALTO, Calif.--(BUSINESS WIRE)--Jun 23, 2026--
Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced its collaboration with Viessmann Generations Group, a global family company with 109 years of entrepreneurial heritage, guided by the purpose of co-creating living spheres for generations to come.
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Since implementing Navan in 2023, Viessmann Generations Group has increased transparency, reduced manual effort and improved the employee experience across travel and expense.
Before partnering with Navan, Viessmann Generations Group managed travel and expense processes across several tools and workflows. Employees faced long support wait times, while the finance team handled manual expense processing at the end of each month.
“With Navan, we’ve digitized the entire travel and expense management process and consolidated it into an intuitive platform,” said Alexander Pöllmann, CIO, Viessmann. “The best proof of its success: We receive virtually no internal support requests for it because the tool is so reliable.”
To further simplify the employee experience and support finance teams with greater automation and transparency, the company sought a more integrated and scalable solution.
Viessmann Generations Group employees manage bookings and expenses through Navan’s user-friendly mobile experience, reducing friction and support effort throughout the travel booking and management process.
"To build a global purpose-driven organization like the Viessmann Generations Group, employees need the freedom to travel and connect with partners effortlessly,” said Zahir Abdelouhab, SVP, Enterprise Sales, Navan. "Our partnership is taking the hassle out of travel and expenses, so their team can get out there, meet people face-to-face, and focus on the connections that matter.”
About Navan
Navan (NASDAQ: NAVN) is the global AI-powered business travel and expense platform that makes travel easy for travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at navan.com.
About Viessmann Generations Group
Founded in 1917, Viessmann has been a leading industrial company in climate technologies for more than a century. In 2024, the family company combined its climate solutions business area with Carrier Global to build a new transatlantic partnership with unprecedented industrial scale and global reach. Ever since, Viessmann Generations Group represents the evolution into a global ecosystem with a shared purpose: co-creating living spheres for generations to come. Through strategic investments, partnerships and philanthropic engagement, Viessmann Generations Group supports entrepreneurs and initiatives addressing some of the world’s most pressing challenges: Avoiding, reducing and storing greenhouse gases; improving air and water quality; securing food availability; promoting health & well-being; fostering education & sciences; and defending democratic values.
More information at viessmann.group.
Global purpose-driven family company improves transparency, cost control and employee experience with Navan
PALO ALTO, Calif.--(BUSINESS WIRE)--Jun 23, 2026--
Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced it has been selected by ISOPLUS, a leading manufacturer of pre-insulated pipe systems for district heating and cooling, to consolidate its global travel and expense program.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260623669736/en/
Following the success of Navan’s partnership with the wider Viessmann Generations Group, ISOPLUS has chosen to consolidate its travel and expense operations with Navan – moving away from significant unmanaged travel and expense.
“Navan automates that tedious work and gives us the real-time financial control we need to run a tighter, more efficient business,” said Dirk Seibert, Head of Group Legal & HR, and Chief Compliance Officer, ISOPLUS. “We’re looking forward to introducing the technology at ISOPLUS, and giving more employees an easier experience and more compliant process for booking travel and managing expenses.”
Previously, a lack of proactive policy control meant that ISOPLUS had an estimated 25% of travel booked outside of its system, leading to uncontrolled overspend. Additionally, the finance team was processing approximately 6,000 expense reports per year, with a lack of control and high manual effort. By deploying Navan, ISOPLUS anticipates a 10% cost reduction in travel spend by establishing smarter automated workflows.
“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 Zahir Abdelouhab, SVP, Enterprise Sales, Navan. “The last thing it needs is a slow and fragmented travel and expense solution. We’re thrilled to help bring the Navan experience to ISOPLUS employees.”
About Navan
Navan (NASDAQ: NAVN) is the global AI-powered business travel and expense platform that makes travel easy for travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at navan.com.
About ISOPLUS
The ISOPLUS Group, headquartered in Rosenheim, Bavaria, is the leading European manufacturer of pre-insulated pipe systems, primarily for local and district heating supply and has been supplying numerous customers with innovative and sustainable energy solutions for over 35 years. With around 1,600 employees and 10 certified production sites, the group of companies is represented in over 30 countries. ISOPLUS serves its broadly diversified customer base, consisting of local utilities, municipalities and contractors, through a direct sales model with a broad portfolio of products and services. For more information, please visit www.isoplus.group.
Forward-Looking Statements
All statements in this press release other than statements of historical fact could be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” or similar expressions. Such statements are subject to risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. These risks and other factors include the risks described under the caption “Risk Factors” in Navan’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on June 11, 2026, as they may be updated by Navan’s subsequent filings with the SEC. Except as required by law, Navan undertakes no obligation, and does not intend, to update these forward-looking statements.
Leading manufacturer of pipe systems deploys AI-powered platform to establish policy control, eliminate manual accounting, and drive measurable cost savings
