Compliance as a Growth Enabler: Lessons from Honeywell Aerospace

Discover how compliance can evolve from a regulatory roadblock into a powerful engine for business growth. In this episode of the Certa-fied Podcast, host Jag Lamba speaks with Victor Miller, Chief Compliance Officer at Honeywell Aerospace. Victor shares how automating due diligence, integrating multi-risk data, and utilizing human-in-the-loop AI helped save 50,000 sales hours annually while strengthening global risk management. Learn practical strategies to pitch compliance automation and deliver measurable value to the board.

Key Metrics and Outcomes

• Time Savings: Implementing Certa's workflow and screening saved the sales team an estimated 50,000 hours per year, freeing up significant bandwidth for added sales.
• Speed of Approvals: The median time to perform due diligence on a new relationship dropped to less than one day.
• Touchless Onboarding: The compliance program achieved over 90% "touchless" onboardings for low-risk third parties, allowing instant approvals without requiring human involvement.
• Comprehensive Risk Management: Certa allowed the company to scale from deep-diving into a small group of partners to gaining automated compliance insights on 100% of third-party relationships across the enterprise.