Case Study: Dr. Reddy’s Laboratories Ltd. achieves expanded audit scope and reduced manual sampling with CaseWare Analytics’ IDEA

Global Pharmaceutical Company Uses Idea To Increase Scope Of Audits And Reduce Manual Sampling

Dr. Reddys Laboratories Ltd., a global pharmaceutical company with operations in more than 20 countries, needed a robust, easy-to-use data analysis tool to increase audit frequency beyond their biennial cycle and reduce reliance on manual sampling across payables, receivables, payroll, inventory, travel expenses and IT security logs. They selected CaseWare Analytics' IDEA® Data Analysis software to give multiple audit team members the ability to perform data-driven reviews without a single dedicated expert.

CaseWare Analytics’ IDEA was deployed to form a dedicated internal audit review team and run periodic, risk‑based analytics across high‑volume areas. The solution expanded audit scope without limiting sample sizes, produced monthly exception reports, and enabled early identification of incorrect tax conditions, compliance breaches, short input‑credit availment and other fraud/cost‑saving opportunities. Using CaseWare Analytics’ IDEA also improved ERP controls and supported deeper root‑cause analysis, allowing faster corrective actions and higher levels of assurance to management and the audit committee.

Dr. Reddys Laboratories Ltd.

Phani Kiran

Group Leader, Continous Auditing & Anti-Fraud Reviews