Digitising Governance, Risk & Compliance – A Guide for the Retail Sector

Running a multichannel retail business across multiple locations comes with a unique set of governance risk, and compliance related challenges. Retailers must contend with theft, health & safety risks, supply chain failures, cyber threats, payment system outages, regulatory compliance issues, bribery & corruption, and operational downtime & disruptions. Without a structured approach to managing these risks and incidents, a single issue can quickly escalate and impact multiple locations, damaging the brand, financial performance, and customer trust.

In this whitepaper we’ll explain how retailers can digitise and automate multiple GRC processes to effectively manage risk, ensure compliance, and resolve incidents quickly.  By adopting a centralised Governance, Risk, and Compliance (GRC) platform, we’ll demonstrate how retailers can proactively identify and manage risks and incidents consistently across all their sites and automate key processes like regulatory compliance, business continuity, strategic planning, audit management, and ESG.

Running a multichannel retail business across multiple locations comes with a unique set of governance risk, and compliance related challenges. Retailers must contend with theft, health & safety risks, supply chain failures, cyber threats, payment system outages, regulatory compliance issues, bribery & corruption, and operational downtime & disruptions. Without a structured approach to managing these risks and incidents, a single issue can quickly escalate and impact multiple locations, damaging the brand, financial performance, and customer trust.

In this whitepaper we’ll explain how retailers can digitise and automate multiple GRC processes to effectively manage risk, ensure compliance, and resolve incidents quickly.  By adopting a centralised Governance, Risk, and Compliance (GRC) platform, we’ll demonstrate how retailers can proactively identify and manage risks and incidents consistently across all their sites and automate key processes like regulatory compliance, business continuity, strategic planning, audit management, and ESG.