Case Study: Stanley Black & Decker achieves $3.4 million in savings with Automation Anywhere

Stanley Black & Decker saves $3.4 million with Automation Anywhere

Stanley Black & Decker, a global corporation with over 52,000 employees, needed to scale its operations to meet a corporate goal of $22 billion in revenue. To achieve this growth efficiently, the company required an intelligent automation solution that was easy to implement without needing specialized computer science expertise. They partnered with vendor Automation Anywhere to address this challenge.

Automation Anywhere provided a platform that enabled Stanley Black & Decker to quickly establish a Center of Excellence and deploy 26 intelligent automations, primarily within its Finance Department. The solution automated processes like accounts payable and data processing, resulting in $3.4 million in savings in 2018 and the automation of over 1,500 journal entries at monthly close. This implementation greatly improved efficiency and employee job satisfaction, providing significant year-over-year savings.

Stanley Black & Decker