1. 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
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.