Case Study: Stanley Black & Decker achieves $3.4M in savings and faster month-end closes with Automation Anywhere

Stanley Black & Decker Using RPA to Achieve $22 Billion in Revenue by 2022

Stanley Black & Decker, a global manufacturing leader with 52,000 employees and $14 billion in 2018 revenue, set a "22 by 22" goal to reach $22 billion by 2022. To scale sustainably, the company identified inefficient finance and back‑office processes as a barrier and launched an investigation into robotics and automation.

Starting with a 2017 proof of concept alongside partners and Automation Anywhere, Stanley Black & Decker established a Finance-based Center of Excellence and deployed RPA by mid‑2018 to automate accounts payable and data processing. The program now runs 26 bots in production, handles 1,500+ monthly journal entries, delivered $3.4M in savings in 2018, shortened month‑end close times and improved employee satisfaction, with plans to expand using cognitive tools and broader CoE-led adoption.

Stanley Black & Decker

Cynthia Holmecki

Global Leader Intelligent Automation Solutions