Tata Steel Europe Transforms the Audit Process with SAP Audit Management Running in SAP HANA® Enterprise Cloud Company Tata Steel Europe Headquarters.

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Presentation transcript:

Tata Steel Europe Transforms the Audit Process with SAP Audit Management Running in SAP HANA® Enterprise Cloud Company Tata Steel Europe Headquarters IJmuiden, The Netherlands Industry Mill products – steel production Products and Services Steel Employees 30,000 Web Site www.tatasteel.com Objectives Support the audit process of the multilingual audit department operating in multiple locations end to end Improve audit efficiency, effectiveness, and timeliness Reduce the overall cost of the audit Why SAP Analytics solutions based on the SAP HANA® platform and cloud enabled through the SAP HANA Enterprise Cloud service Risk-based, mobile functionality that alleviates paper-based workloads and audit planning and increases productivity SAP HANA Enterprise Cloud as an innovation accelerator with a focus on enterprise-wide issues and tomorrow’s opportunities Resolution Integrated the SAP® Audit Management application into the SAP software landscape Established a basis for easy, fast access to the latest technology and related up-to-date knowledge Benefits Improved transparency Reduced total staff time and manual effort per engagement Increased audit coverage by using embedded analytics Gained new opportunities through better understanding of the business based on Big Data analytics Reduced Administrative effort in the audit process Lower Up-front investment to set up the audit process Increased Productive audit time More Consistency between documentation, auditing, reporting, and QA processes “SAP Audit Management allows us to focus more on auditing and less on administration. Big Data analytics opens up a number of new opportunities for us to look at information in different ways, thereby helping transform our business and unlock value.” Willem Ypma, IT Audit Manager, Tata Steel Europe 41807 (15/12) This content is approved by the customer and may not be altered under any circumstances.