Case Study: Tata Steel achieves faster, more accurate internal auditing with KNIME

How Tata Steel gained savings switching from Excel to KNIME

Tata Steel, a global steel producer with operations across 26 countries, wanted to improve internal audit analytics and move away from labor-intensive, error-prone Excel reporting. The Internal Audit & Assurance team needed a better way to test controls, identify anomalies, and quantify risks and savings across areas such as contract management, sales pricing, and product master data.

KNIME provided a visual data analytics platform that Tata Steel used to build reusable workflows for extracting, reconciling, and analyzing data from existing and legacy systems. With KNIME, the team detected overcharging, pricing errors, and master data inconsistencies, while achieving time savings of up to 95% in some use cases and uncovering calculation errors in prior Excel reports.

Tata Steel