Case Study: United Technologies Corporation achieves independent treasury operations during corporate split with Serrala

United Technologies Corporation separates treasury operations in 11 months with Serrala

United Technologies Corporation, a global aerospace and defense conglomerate, faced the immense challenge of separating its treasury operations to support a corporate split into three independent entities while concurrently merging with Raytheon. They partnered with vendor Serrala to leverage its automation solutions for SAP Treasury, aiming to cleanse data, streamline processes, and ensure a secure and independent financial structure for each new company.

Serrala implemented a "clone and clean" approach, automating processes within UTC's SAP systems to enable a rapid and efficient logical and physical separation. This solution, delivered by Serrala, successfully completed the entire treasury separation project in just 11 months, radically expediting the concurrent merger and providing each new entity with streamlined operations and full transparency for accurate planning and forecasting from the outset.

United Technologies Corporation