Case Study: Honeywell achieves global AP automation and real-time invoice visibility with Serrala FS² AccountsPayable

Honeywell boosts AP auto-posting 40% with Serrala

Honeywell International, a Fortune 100 manufacturing leader, sought to improve efficiency by implementing a single automated accounts payable process across its six global business groups. The company needed a solution that provided a centralized view of invoices while remaining flexible enough to accommodate local regulations. To meet this challenge, Honeywell turned to vendor Serrala and its FS² AccountsPayable solution.

Serrala's solution provided a centralized platform for invoice capture and processing, which was gradually expanded to include capabilities like electronic invoice capture and automated processing for non-PO invoices. The implementation by Serrala delivered significant results, including a 40% auto-posting rate for invoices, faster processing times, and a real-time view of invoices across all business units. This allowed Honeywell to increase its volume without adding staff while remaining compliant with international regulations.

Honeywell International