Case Study: Honeywell achieves streamlined procurement and $10M working capital improvement with TrackVia

Honeywell - Customer Case Study

Honeywell, a Fortune 100 multinational, was struggling with procurement bottlenecks caused by email-based processes, lost requests, blocked purchase orders, and delayed invoice resolution. Working with TrackVia, Honeywell needed a faster, more transparent way to manage support requests, invoices, and supply risk across a team handling more than $1B in annual spend.

TrackVia helped Honeywell build a centralized “Request for Support” app with no-code tools, giving the team one place to track requests, assign tasks, and monitor status end to end. The results included eliminating nearly 600 emails per week, reducing credit holds by 25%, improving on-time payments by 2-3% monthly, cutting blocked invoices from 300 to under 100 per week, and driving an estimated $8-10 million in working capital improvements.

Honeywell

Bill Mannaberg

Sr. Manager Of Procurement, Operations, And Functional Excellence