What developments lie ahead in the world of travel and expense?
To get a sense of what the industry might expect in 2025, we analysed data from the Navan booking platform and the results of a large-scale survey we conducted with Skift. The findings outlined in our guide, 7 T&E trends that will define 2025, can help you get out in front of these developments and take your T&E programme to new heights.
Here are the trends.
The excitement around New Distribution Capability (NDC) is heating up. More airlines are realising the benefits of having more control over their content. And more companies are seeing firsthand how a travel solution offering NDC-enabled connections can help lower programme costs; 87% of managers in our survey said these connections are helping them save money.
NDC adoption could also help boost compliance levels. It’s an important point, as compliance has been in decline since 2022, according to the Navan and Skift survey. And this year saw a particularly sharp increase in the number of managers who said less than half of their travellers comply with company policies.
In addition, more than one in five travellers in our survey — 22% — reported booking off-platform more than half the time. A couple of the reasons, according to both travellers and managers, are a lack of inventory and lower prices. NDC could help with both, by offering more choices and more price points.
Another key finding from our survey: both travellers and managers are frustrated by the amount of time it takes to submit and process expense reports. A full 40% of travellers said it takes an hour or more to file an expense report. And 63% of managers said they’re still using at least some manual processes to process those reports.
Such companies are quickly falling behind peers that have adopted fully automated solutions, and more businesses are waking up to this problem. There’s simply too much competition for employees to be wasting time on manual expense reports when they could be focusing on tasks that drive value.
Here’s a preview of the five other trends we expect to be pivotal this year:
For the full lowdown on each of the trends, and tips for how to make sure you’re set up for success,
This content is for informational purposes only. It doesn't necessarily reflect the views of Navan and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.