diff --git a/addons/web/static/src/views/form/form_renderer.js b/addons/web/static/src/views/form/form_renderer.js
index b1f58ce66f3..bcb68d6564a 100644
--- a/addons/web/static/src/views/form/form_renderer.js
+++ b/addons/web/static/src/views/form/form_renderer.js
@@ -34,12 +34,7 @@ export class FormRenderer extends Component {
         const { arch, xmlDoc } = archInfo;
         const templates = { FormRenderer: xmlDoc };
         this.state = useState({}); // Used by Form Compiler
-        this.templates = useViewCompiler(
-            Compiler || FormCompiler,
-            arch,
-            templates,
-            this.compileParams
-        );
+        this.templates = useViewCompiler(Compiler || FormCompiler, arch, templates);
         useSubEnv({ model: record.model });
         useBounceButton(useRef("compiled_view_root"), (target) => {
             return !record.isInEdition && !!target.closest(".oe_title, .o_inner_group");
@@ -88,10 +83,6 @@ export class FormRenderer extends Component {
     evalDomainFromRecord(record, expr) {
         return evalDomain(expr, record.evalContext);
     }
-
-    get compileParams() {
-        return {};
-    }
 }
 
 FormRenderer.template = xml`<t t-call="{{ templates.FormRenderer }}" t-call-context="{ __comp__: Object.assign(Object.create(this), { this: this }) }" />`;
diff --git a/addons/web/static/src/webclient/settings_form_view/highlight_text/highlight_text.xml b/addons/web/static/src/webclient/settings_form_view/highlight_text/highlight_text.xml
index cd2e16ad107..c609e6a9f6a 100644
--- a/addons/web/static/src/webclient/settings_form_view/highlight_text/highlight_text.xml
+++ b/addons/web/static/src/webclient/settings_form_view/highlight_text/highlight_text.xml
@@ -1,9 +1,11 @@
 <?xml version="1.0" encoding="UTF-8"?>
 <templates xml:space="preserve">
     <t t-name="web.HighlightText" owl="1">
-        <t t-foreach="splitText" t-as="name" t-key="name_index">
-            <b t-if="name_index % 2" t-out="name" t-att-class="constructor.highlightClass"/>
-            <t t-else="" t-out="name"/>
-        </t>
+        <span t-att-searchableText="props.originalText">
+            <t t-foreach="splitText" t-as="name" t-key="name_index">
+                <b t-if="name_index % 2" t-out="name" t-att-class="constructor.highlightClass"/>
+                <t t-else="" t-out="name"/>
+            </t>
+        </span>
     </t>
 </templates>
diff --git a/addons/web/static/src/webclient/settings_form_view/highlight_text/settings_radio_field.js b/addons/web/static/src/webclient/settings_form_view/highlight_text/settings_radio_field.js
index 17aaf665d52..e59f9ee4fc4 100644
--- a/addons/web/static/src/webclient/settings_form_view/highlight_text/settings_radio_field.js
+++ b/addons/web/static/src/webclient/settings_form_view/highlight_text/settings_radio_field.js
@@ -12,10 +12,6 @@ export class SettingsRadioField extends RadioField {
 export const settingsRadioField = {
     ...radioField,
     component: SettingsRadioField,
-    extractStringExpr(fieldName, record) {
-        const radioItems = SettingsRadioField.getItems(fieldName, record);
-        return radioItems.map((r) => r[1]);
-    },
 };
 
 registry.category("fields").add("base_settings.radio", settingsRadioField);
diff --git a/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.js b/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.js
index 5cfc48589ae..1db2c809f71 100644
--- a/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.js
+++ b/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.js
@@ -2,19 +2,28 @@
 
 import { escapeRegExp } from "@web/core/utils/strings";
 import { Setting } from "@web/views/form/setting/setting";
-import { useState } from "@odoo/owl";
+import { onMounted, useRef, useState } from "@odoo/owl";
 import { FormLabelHighlightText } from "../highlight_text/form_label_highlight_text";
 import { HighlightText } from "../highlight_text/highlight_text";
 
 export class SearchableSetting extends Setting {
     setup() {
+        this.settingRef = useRef("setting");
         this.state = useState({
             search: this.env.searchState,
             showAllContainer: this.env.showAllContainer,
         });
-        this.labels = this.props.labels || [];
+        this.labels = [];
         this.labels.push(this.labelString, this.props.help);
         super.setup();
+        onMounted(() => {
+            if (this.settingRef.el) {
+                const searchableTexts = this.settingRef.el.querySelectorAll("span[searchableText]");
+                searchableTexts.forEach((st) => {
+                    this.labels.push(st.getAttribute("searchableText"));
+                });
+            }
+        });
     }
 
     get classNames() {
@@ -43,7 +52,3 @@ SearchableSetting.components = {
     FormLabel: FormLabelHighlightText,
     HighlightText,
 };
-SearchableSetting.props = {
-    ...Setting.props,
-    labels: { type: Array, optional: 1 },
-};
diff --git a/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.xml b/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.xml
index 741079baa2e..611b48449c8 100644
--- a/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.xml
+++ b/addons/web/static/src/webclient/settings_form_view/settings/searchable_setting.xml
@@ -2,6 +2,7 @@
 <templates xml:space="preserve">
     <t t-name="web.SearchableSetting" t-inherit="web.Setting" t-inherit-mode="primary" owl="1">
         <div t-att-class="classNames" position="attributes">
+            <attribute name="t-ref">setting</attribute>
             <attribute name="t-if">visible()</attribute>
         </div>
         <span class="o_form_label" position="replace">
diff --git a/addons/web/static/src/webclient/settings_form_view/settings_form_compiler.js b/addons/web/static/src/webclient/settings_form_view/settings_form_compiler.js
index f1bda03a608..1ac1a1acb9c 100644
--- a/addons/web/static/src/webclient/settings_form_view/settings_form_compiler.js
+++ b/addons/web/static/src/webclient/settings_form_view/settings_form_compiler.js
@@ -89,30 +89,13 @@ export class SettingsFormCompiler extends FormCompiler {
     compileSetting(el, params) {
         params.componentName =
             el.getAttribute("type") === "header" ? "SettingHeader" : "SearchableSetting";
-        params.labels = [];
         const res = super.compileSetting(el, params);
-        if (params.componentName === "SearchableSetting") {
-            res.setAttribute("labels", JSON.stringify(params.labels));
-        }
-        delete params.labels;
-        return res;
-    }
-
-    compileField(el, params) {
-        const res = super.compileField(el, params);
-        if (params.labels && el.hasAttribute("widget")) {
-            const label = params.getFieldExpr(el.getAttribute("name"), el.getAttribute("widget"));
-            if (label) {
-                params.labels.push(label);
-            }
-        }
         return res;
     }
 
     compileNode(node, params, evalInvisible) {
         if (isTextNode(node)) {
-            if (params.labels && node.textContent.trim()) {
-                params.labels.push(node.textContent.trim());
+            if (node.textContent.trim()) {
                 return createElement("HighlightText", {
                     originalText: toStringExpression(node.textContent),
                 });
@@ -121,18 +104,9 @@ export class SettingsFormCompiler extends FormCompiler {
         return super.compileNode(node, params, evalInvisible);
     }
 
-    createLabelFromField(fieldId, fieldName, fieldString, label, params) {
-        const res = super.createLabelFromField(fieldId, fieldName, fieldString, label, params);
-        if (res.hasAttribute("string") && params.labels) {
-            params.labels.push(res.getAttribute("string"));
-        }
-        return res;
-    }
-
     compileButton(el, params) {
         const res = super.compileButton(el, params);
-        if (res.hasAttribute("string") && params.labels && res.children.length === 0) {
-            params.labels.push(res.getAttribute("string"));
+        if (res.hasAttribute("string") && res.children.length === 0) {
             const contentSlot = createElement("t");
             contentSlot.setAttribute("t-set-slot", "contents");
             const content = createElement("HighlightText", {
diff --git a/addons/web/static/src/webclient/settings_form_view/settings_form_renderer.js b/addons/web/static/src/webclient/settings_form_view/settings_form_renderer.js
index 267c57d8a81..bc3fb8a3afb 100644
--- a/addons/web/static/src/webclient/settings_form_view/settings_form_renderer.js
+++ b/addons/web/static/src/webclient/settings_form_view/settings_form_renderer.js
@@ -1,6 +1,5 @@
 /** @odoo-module **/
 
-import { registry } from "@web/core/registry";
 import { FormRenderer } from "@web/views/form/form_renderer";
 import { FormLabelHighlightText } from "./highlight_text/form_label_highlight_text";
 import { HighlightText } from "./highlight_text/highlight_text";
@@ -12,15 +11,8 @@ import { SettingsPage } from "./settings/settings_page";
 
 import { useState } from "@odoo/owl";
 
-const fieldRegistry = registry.category("fields");
-
-const labels = Object.create(null);
-
 export class SettingsFormRenderer extends FormRenderer {
     setup() {
-        if (!labels[this.props.archInfo.arch]) {
-            labels[this.props.archInfo.arch] = [];
-        }
         super.setup();
         this.searchState = useState(this.env.searchState);
     }
@@ -28,28 +20,6 @@ export class SettingsFormRenderer extends FormRenderer {
     get shouldAutoFocus() {
         return false;
     }
-
-    get compileParams() {
-        return {
-            ...super.compileParams,
-            labels: labels[this.props.archInfo.arch],
-            getFieldExpr: this.getFieldExpr,
-            record: this.props.record,
-        };
-    }
-
-    getFieldExpr(fieldName, fieldWidget) {
-        const name = `base_settings.${fieldWidget}`;
-        let fieldClass;
-        if (fieldRegistry.contains(name)) {
-            fieldClass = fieldRegistry.get(name);
-        }
-        if (fieldClass && fieldClass.extractStringExpr) {
-            return fieldClass.extractStringExpr(fieldName, this.record);
-        } else {
-            return "";
-        }
-    }
 }
 SettingsFormRenderer.components = {
     ...FormRenderer.components,
diff --git a/addons/web/static/tests/webclient/settings_form_view/settings_form_view_tests.js b/addons/web/static/tests/webclient/settings_form_view/settings_form_view_tests.js
index 2b968b2951a..d450afb4faa 100644
--- a/addons/web/static/tests/webclient/settings_form_view/settings_form_view_tests.js
+++ b/addons/web/static/tests/webclient/settings_form_view/settings_form_view_tests.js
@@ -1528,7 +1528,7 @@ QUnit.module("SettingsFormView", (hooks) => {
         const expectedCompiled = `
             <SettingsPage slots="{NoContentHelper:__comp__.props.slots.NoContentHelper}" initialTab="__comp__.props.initialApp" t-slot-scope="settings" modules="[{&quot;key&quot;:&quot;crm&quot;,&quot;string&quot;:&quot;CRM&quot;,&quot;imgurl&quot;:&quot;/crm/static/description/icon.png&quot;}]">
                 <SettingsApp key="\`crm\`" string="\`CRM\`" imgurl="\`/crm/static/description/icon.png\`" selectedTab="settings.selectedTab">
-                    <SearchableSetting title="\`\`"  help="\`\`" companyDependent="false" documentation="\`\`" record="__comp__.props.record" string="\`\`" addLabel="true" labels="[&quot;\`My\\&quot; little '  Label\`&quot;]">
+                    <SearchableSetting title="\`\`"  help="\`\`" companyDependent="false" documentation="\`\`" record="__comp__.props.record" string="\`\`" addLabel="true">
                         <FormLabel id="'display_name_0'" fieldName="'display_name'" record="__comp__.props.record" fieldInfo="__comp__.props.archInfo.fieldNodes['display_name_0']" className="&quot;highhopes&quot;" string="\`My&quot; little '  Label\`"/>
                         <Field id="'display_name_0'" name="'display_name'" record="__comp__.props.record" fieldInfo="__comp__.props.archInfo.fieldNodes['display_name_0']" readonly="__comp__.props.archInfo.activeActions?.edit === false and !__comp__.props.record.isNew"/>
                     </SearchableSetting>