Industries
AI-led continuous controls monitoring for steel and metals
IRA, IRAME's AI auditor, checks raw material, freight and sales transactions every day as they post, at plant volume.
IRAME tests each of these on every transaction. Here is what a failure looks like.
Weighbridge and receipt quantities
Freight bills
Quality deductions
Imports and duty
Scrap and by-product sales
Power and fuel use
Dealer discounts and credit limits
Stores and spares
What each failure looks like
- Weighbridge and receipt quantities
- Coal is billed for more tons than the weighbridge recorded.
- Freight bills
- A carrier bills the same trip twice, or above the contract rate.
- Quality deductions
- A supplier is paid in full though the lab report called for a deduction.
- Imports and duty
- The duty paid on imported coal does not match the import entry.
- Scrap and by-product sales
- Slag is sold below the approved rate or to an unapproved buyer.
- Power and fuel use
- Power used per ton jumps with no change in output.
- Dealer discounts and credit limits
- A dealer ships above its credit limit.
- Stores and spares
- Spares are issued to a cost center with no open work order.
Each one runs on the same control library. Each exception goes to an owner in Action Hub.
One published result. Read the story for how the work was done.
Customer story · Steel maker
100,000
transactions checked every day against automated key controls
Customer names are withheld in every story.
Each line is a plain summary. It is not legal advice.
| Region | Rule | What it asks |
|---|---|---|
| US | SOX 404 | US-listed companies assess internal control over financial reporting (ICFR) every year. |
| COSO 2013 | The framework most US companies use to design and assess internal control. | |
| GCC | UAE and KSA VAT | An input VAT claim needs a valid tax invoice. |
| India | CARO 2020 | The statutory auditor reports on set matters, including physical verification of inventory. |
| GST input tax credit | The credit depends on the supplier's filed returns. |
More on each region: IRAME in the United States and IRAME in the GCC.
Can IRAME check steel plant transactions every day?
Yes. IRA runs controls on a schedule at transaction volume. One of India's largest steel makers runs its key controls on IRAME and checks 100,000 transactions every day.
Which data does IRAME need from a steel plant?
The data your plant already keeps: SAP or Oracle records, Excel and CSV exports, and scanned documents.
Who follows up on a plant exception?
IRA routes each exception to its owner in Action Hub. Physical checks such as stock counts stay with your team, and the result is uploaded against the exception.
Stop sampling. Let IRA test everything.
Bring one process. In 30 minutes we show you the exceptions IRA finds and the evidence behind each one.