Datricks
2 Case Studies
A Datricks Case Study
Element Solutions, a global diversified specialty chemicals company, faced the challenge of modernizing its internal audit processes. Pressured by new industry standards and limited internal resources, the company sought to move away from its in-house tools to improve efficiency, gain better data insights, and achieve global process optimization. They partnered with vendor Datricks to leverage its AI and process mining solution.
Datricks implemented its solution, which included data analytics and process mining, with a streamlined process that demanded minimal internal resources from Element Solutions. The vendor quickly extracted and analyzed two years of data from multiple SAP systems, providing the customer's team with an initial understanding of transaction flows and risks in just four days. While concrete quantitative impacts are still early, Datricks helped identify opportunities for standardization and laid the groundwork for enhanced audit efficiency and future automation.
Colm McKenna
VP of Internal Audit & Compliance