CONFIDENCE IN CONTROL FOR RETAIL
ICE delivers a GRC compliance tool to enable retail organisations to have an integrated control environment right across the organisation that devolves ownership of control processes, whilst maintaining a clear view for risk managers and internal and external auditors.
GRC for Retail Organisations
Retail organisations need a control framework which enables them to guard against a host of complex business risks. These could include financial irregularities, breaches in local regulatory compliance, e-commerce fraud, impacts on the supply chain from ‘black swan’ events and the risks arising from holding an extensive property portfolio.
Retailers that work across country borders in particular are seeing greater complexity in governance and risk management, leading to a desire to automate and streamline control environments to make excellent governance a less onerous and labour-intensive task.
ICE is a modular system that can slash the cost of audits by reducing the complexity of your control environment. It’s a Control Environment solution for every business that operates in a highly regulated environment and for any organisation that wants to improve governance by driving positive behaviour to more effective internal control.
ICE offers a complete, easy-to-implement solution for retailers that need to maintain and demonstrate good financial and business compliance. Our web-based Integrated Control Environment, ICE, will:
- Solve the problem of how to stay on top of control environments in fast-paced retail environments
- Help drive down cost through effective monitoring of control environments in complex, geographically diverse organisations
- Give an at-a-glance insight into business processes
- Enable policies, manuals and instructions to be stored in a managed way for complex, diverse organisations.