How American Honda went from manual assembly to automation
Published: Sep 2026
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American Honda
Photo of Daniel Chamoun, Kyriba and Kim Kelly-Lippert, American Honda.
Kim Kelly-Lippert
Treasury Management
United States
The American Honda Motor Company, Inc. is the North American subsidiary of Honda Motor Company in Japan.
in partnership with
The challenge
Prior to their recent treasury transformation, American Honda’s corporate headquarters controlled all strategic cash activities – including cash investments, all inter‑company funding flows to subsidiaries and all other corporate cash activities.
The manufacturing subsidiary, meanwhile, performed its own day-to-day cash management, relying on manual workflows and spreadsheets for its internal operating cash. Operations were spread across eight entities – supported by 32 operating accounts and eight payroll accounts – and tracked through an independent set of spreadsheets for each entity.
For Corporate HQ, short-term investment activities had been centralised within the Tradeweb ICD Portal investment solution, but the treasury team still required tighter integration between the portal and their TMS to fully support straight through processing. Cash and fixed income portfolio reporting was based primarily on month-end data, which constrained the granularity and timeliness of insights.
As a result, when leadership requested exposure analyses – such as counterparty concentration risk – the treasury team had to manually assemble and evaluate the information from monthly reports.
The solution
Between 2022-2025, American Honda executed a four-part transformation strategy, along with their implementation and advisory partner, Clearsulting, that consisted of the following steps:
Entity consolidation and bank account rationalisation: to begin, American Honda consolidated eight separate operational entities into one manufacturing subsidiary and consolidated all cash management responsibilities to Corporate HQ. This shift enabled treasury to retire 40 legacy bank accounts and streamline operations under a unified cash management model.
TMS expansion and full cash visibility: next, American Honda significantly expanded their usage of Kyriba across the newly restructured manufacturing subsidiary to support daily cash positioning, automated journal entries, payment workflows, intercompany netting and audit-ready reporting.
Cash forecasting and investment integration/automation: after these stages, Honda leveraged pre‑built API integrations between Kyriba and ICD Portal to synchronise core investment and cash workflows.
Comprehensive portfolio analytics and AI-enabled reporting: to complement their broader cash management transformation, American Honda deployed an AI-enabled portfolio analytics solution that resides within their investment portal and enables their team to monitor risk, compliance and performance across their entire fixed-income portfolio.
Best practice and innovation
The transformation unifies what was a heavily disparate and disjointed process across numerous subsidiaries and entities into one single, integrated liquidity framework. By consolidating eight entities into a single manufacturing subsidiary, retiring 40 bank accounts, and eliminating numerous local spreadsheets, American Honda reduced structural complexity and mitigated operational risk.
Enhancements to the TMS and investment portal now support cash operations across both Corporate HQ and the manufacturing subsidiary, enabling consistent processes, 100% daily cash visibility, and end-to-end automation across all operating accounts and related activities.
Through automation, the team eliminated roughly 50 hours of manual effort each week, enabling treasury professionals to redirect their time from transactional processing to strategic analysis and the rapid onboarding of new projects and initiatives.
Through bidirectional API connectivity between their TMS and investment portal, excess cash identified in forecasts can be dynamically invested within approved parameters without any manual intervention. And with the addition of AI-enabled portfolio analysis, investment oversight has shifted from monthly review cycles to continuous monitoring that occurs in real-time, with just a few button clicks. This architecture transforms cash management from a static reporting function into a dynamic liquidity engine – balancing visibility, control and yield within a centralised and scalable ecosystem.
Key benefits
Cost savings.
Headcount savings.
Process efficiencies.
Return on investment (ROI).
Risk mitigation.
Number of banking partners/bank accounts reduced.
Future-proof solution.
Improved key performance indicators (KPIs) or metrics.
Improved visibility.
Increased automation.
Increased system connectivity.
Manual intervention reduced.
Reduction in errors.
Treasury now operates within a single system of record for core cash and investment operations across all subsidiaries and entities. The enhanced integration and connectivity between their banks, TMS and investment portal ensures that surplus liquidity can be deployed efficiently and is supported by AI-enabled portfolio analysis capabilities.
This approach provides a unified, end-to-end workflow that enables maximum automation, control and efficiency at every juncture of American Honda’s cash management process.
Daniel Chamoun
VP Sales, EMEA North, Kyriba
American Honda’s Adam Smith Award recognition reflects a landmark liquidity modernisation initiative and a clear commitment to operational excellence. By centralising cash management, rationalising bank accounts and expanding Kyriba as a single system of record, American Honda has built a more automated, connected and resilient liquidity framework. Kyriba is proud to support the team in achieving 100% daily visibility across core operating accounts, reducing manual effort and strengthening the links between cash, forecasting, payments and investment workflows. This project demonstrates the strategic value of modern treasury technology at scale.
in partnership with
Bill Hoppe
VP Business Development, Tradeweb ICD Portal
Tradeweb is proud to support Kim Kelly-Lippert and the American Honda treasury team as they continue maximising efficiency across their treasury technology architecture. Over the past decade, Kim and her team have undertaken a series of critical projects to modernise the workflows through which cash, liquidity, and investments are managed. Their receipt of a 2026 Adam Smith Award is testament to the substantial improvements they’ve achieved and we look forward to helping them continue to push the boundaries on what’s possible within the treasury and investment technology ecosystem.
in partnership with
The Adam Smith Awards are the industry benchmark for best practice and innovation in corporate treasury. The 2026 awards attracted 635 nominations. To find out more please visit treasurytoday.com/adam-smith-awards
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