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Corporate Card Software · Rank #5 of 10

Navan Liquid review and pricing

T&E corporate card built around travel booking.

By Navan, Inc. (formerly TripActions) · Founded 2015 · Palo Alto, CA · private

Navan Liquid (formerly TripActions Liquid) is the corporate card component of the Navan travel-and-expense platform, founded 2015, last priced at $9.2B in 2022 (subsequent valuation reset signals have been reported in 2023-2024 but not publicly confirmed by Navan). The card is built around travel: when travel booking happens inside Navan, the resulting card swipes are auto-matched to the trip, GL-coded by destination and category, and policy-enforced against the travel rules. The strengths sit precisely in the travel-heavy use case: deepest travel-booking integration of any card product, multi-currency native, mature global operations across US/EU/UK/AU, and the only credible cloud-native replacement for SAP Concur Travel + Expense at the mid-market end. The trade-offs follow from the positioning: outside the travel-heavy use case the card-only proposition is less competitive than Ramp/Brex; pricing is opaque and per-traveller; the February 2023 TripActions-to-Navan rebrand created multi-year user confusion that has only partially decayed in reviews.

Visit Navan Liquid Vendor pricing Compare to Stripe Issuing
Best for

Travel-heavy organisations (50-5,000 employees) replacing SAP Concur Travel + Expense or wanting a unified travel + card workflow as the primary use case.

Worst for

Low-travel organisations (Ramp/Brex are better and free), buyers wanting transparent per-user pricing, or sub-50-employee firms.

Vendor Trust Score

Is Navan Liquid a trustworthy vendor?

7.3/10
Mixed
Pricing transparency
Published rates; no hidden fees
5.5
Contract fairness
Reasonable terms; no auto-renew traps
7.5
Incident response
How they handle outages and breaches
7.5
Post-acquisition behavior
Customer treatment after M&A or PE
8.0
Executive stability
Leadership churn over 24 months
8.0
Roadmap honesty
Public commitments held
7.5
Trust signal log
  • 2023-02-08
    Rebranded from TripActions to Navan; user confusion persisted into 2024-2025
  • 2024-09-22
    Navan Connect global card issuance expanded
  • 2025-06-12
    Concur migration tooling shipped for mid-market replacement deals
Vendor Trust is scored independently of product quality. A great product from an unfair vendor still earns a low trust score.
Review Intelligence

What 5,840 reviews actually say

Synthesized from G2, Capterra, Reddit, Trustpilot. Patterns >15% prevalence shown.

Last synthesized
2026-05-15

Praise patterns

  • Deepest travel-booking integration in card category
    84% →
  • Card swipes auto-matched to trips
    71% →
  • Credible Concur Travel + Expense replacement
    51% ↑

Complaint patterns

  • Outside travel-heavy use case less competitive
    47% →
  • Pricing opaque and per-traveller
    41% →
  • 2023 rebrand confusion still cited
    28% →
Sentiment trend (6 months)
87/100 +2 pts
12
01
02
03
04
05
Patterns are extracted from review corpus and human-verified. We surface trends, not anecdotes.
Verified Pricing

What buyers actually pay

187 anonymized deal disclosures · last updated 2026-05-15

Contribute your deal price
Company size Median annual
50-200 employees $9,000
200-1,000 employees $36,000
1,000+ employees $132,000
Verified pricing is crowdsourced from buyers under anonymity guarantees. Vendor-listed prices are validated against actual deals quarterly.
Compliance & Security

Auto-verified certifications

Verified 2026-05-15
SOC 2 Type II
ISO 27001
HIPAA
GDPR
CCPA
PCI DSS
FedRAMP

Editorial: Strengths

  • Deepest travel-booking integration of any corporate card product
  • Card swipes auto-matched to trips with destination-based GL coding
  • Multi-currency native; mature global operations (US, EU, UK, AU)
  • Credible cloud-native replacement for SAP Concur Travel + Expense at mid-market
  • Navan Connect for global card issuance
  • Travel policy enforcement at booking time, not after the fact

Editorial: Weaknesses

  • Outside travel-heavy use case less competitive than Ramp/Brex on cards-only
  • Pricing opaque and per-traveller; sales engagement required
  • February 2023 TripActions-to-Navan rebrand created multi-year user confusion still cited in 2024-2025 reviews
  • Product velocity on the card module specifically slower than Ramp
  • Support quality varies by contract tier

Key features & integrations

  • +Navan Liquid corporate card
  • +Travel booking (deepest integration in card category)
  • +Card swipes auto-matched to trips
  • +Multi-currency settlement
  • +Navan Connect (global card issuance)
  • +Real-time policy enforcement
  • +Mobile apps
  • +Native ERP sync
120+ integrations
NetSuiteQuickBooks OnlineSage IntacctWorkdaySAP S/4HANAConcur (migration tooling)
Geography supported
Global; strongest in US, EU, UK, AU
Best fit
50–5,000 employees · Travel-heavy organisations
Editorial deep-dive

Read our full ranking of Corporate Card Software

Navan Liquid ranks #5 in our editorial review of 10 corporate card software platforms. The deep-dive covers methodology, comparison tables, decision matrix, migration scoring, and FAQs.

Read the full ranking

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