Netafim

Best in Class Audit Management – Medium Enterprise

In today’s dynamic business environment, organizations must adopt an integrated approach to effectively manage the complexities of assurance. The internal audit department plays a crucial role in gaining a comprehensive understanding of the ongoing changes. To achieve contextual awareness, the internal audit organization must establish a central nervous system capable of capturing signals from various sources, including business systems, user accounts, processes, data, and transactions. This comprehensive approach ensures that the organization possesses critical insights and can swiftly address risks to enhance performance. Furthermore, capturing evolving business dynamics and risks enables interpretation, analysis, and holistic awareness of controls within the context of risk and compliance.

Netafim, the world’s leading irrigation company, provides innovative solutions that enable farmers to achieve optimal crop growth in any climate efficiently. As a multinational organization operating in 110 countries, Netafim was acquired by Orbia, a community of companies united by a common goal of ensuring food security, enhancing data infrastructure, addressing water scarcity, revolutionizing cities, and homes, and expanding access to health and wellness through advanced materials and solutions.

GRC 20/20 has evaluated and verified the implementation of Datricks at Netafim. It confirms that this implementation has achieved a remarkable case study in how to address audit management and analytics with clear benefits achieved. 

This approach is best in class. In that context, GRC 20/20 recognizes Netafim and Datricks with a 2023 Best in Class GRC Award in the Category of Audit Management & Analytics – Medium Enterprise (1,000 to 10,000 employees).

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