Case Study: ICL achieves real-time audit visibility with Datricks

How ICL Group revolutionized their business efficiency and streamlined audit processes in a complex IT landscape, all while harnessing the power of AI-driven data insights

ICL, a multinational corporation, faced significant audit and compliance challenges due to its complex IT landscape, which was comprised of multiple overlapping financial systems from numerous mergers. This complexity made data extraction difficult and prevented a full-scope audit, forcing them to rely on sampled data. ICL reached out to vendor Datricks, which utilizes Process Mining technology and AI, for an end-to-end solution.

Datricks implemented a solution that automatically mapped ICL's business processes to provide real-time visibility and AI-driven insights. The results turned ICL's complex systems into a single source of truth, enabling a majority of internal audits to be performed with Datricks. This eliminated heavy IT lifting, allowed for continuous audit practices, and increased business efficiency by shifting the team's focus from data collection to analyzing material issues.

ICL Group