Founded in 2013, Honda Logistics North America, Inc. provides special warehousing, storage services, freight, sub-assembly, transportation, logistics and parts for Honda in North America. When HLNA commenced its initial research of invoice automation, its Accounts Payable department was processing 115,000 invoices per year, with each of the company’s 7 locations in North America operating independently and inconsistently, with little to no invoice visibility.
In October 2015, HLNA successfully implemented the Tungsten Network Workflow solution for routing, approvals, and integration into its ERP system — and experienced positive results almost immediately.
“The platform gave us a clear picture of our cash flow so we could make better decisions. We now have increased flexibility with vendor payments. Additionally, with visibility into our cash flow, we can work with vendors on deep discounts.” – Brad Gerritsen, Accounts Payable Coordinator, Honda Logistics.