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BarnOwl

BarnOwl for the Retail Services Industry

The challenge

Retail organisations face an increasingly complex and challenging business environment with more and more pressure to remain competitive whilst ensuring long-term sustainability. Faced with consumer dynamics, pricing pressures, brand and marketing effectiveness, supply chain agility and resilience, innovation disrupters, retail organisations are re-organising and re-prioritising their organisation’s approach to Risk Management.

Typical risks facing retail organisations include:

The solution:

A flexible and integrated risk management framework is critical for meeting the needs of a complex and dynamic industry such as the retail industry. Retailers need an effective way of prioritising and managing risk across the organisation as well as complying with local and cross-border legislation, standards and mandates. Proactive risk management also involves the documenting and managing of key risk indicators, incidents and near misses. In addition, the identification and ongoing monitoring of risk mitigation plans is critical to effective risk management.

An organisation’s risk and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of the value creation process. (King IV™ Principle 4)

How BarnOwl facilitates the solution:

BarnOwl GRC software streamlines your GRC processes, integrates risk, compliance and assurance information on a centralised platform, standardises risk and control taxonomies and offers the flexibility and scalability required for your changing business environment. BarnOwl:

The Benefits of using BarnOwl

The benefits of using BarnOwl include:

Links to References, Case Studies and Resources

BarnOwl is a fully integrated governance, risk management, compliance and audit software solution used by over 200 organisations in Africa, Europe and the UK. Some of our Retail clients include Pick n Pay, Spar, Cashbuild and JD Group.

FEATURED CUSTOMERS:

JD Group

“BarnOwl staff are very professional”, Deon Janeke, Enterprise Risk Manager

Find a solution to suit your needs

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For every industry, no matter the size of the business, BarnOwl is the ultimate GRC and the audit software solution to assist you in the achievement of your strategic goals with a high degree of confidence.

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