Australia’s largest retailers are turning to iPRO to manage third party risks. Having a vast distribution of sites across Australia and New Zealand, retailers need greater transparency into the business practices and relationships of their contractors and suppliers. As retailers reliance on third parties for business success increases, so does the complexity of their risks.
Workers
Stores
Contractors
Checks automated
Partnering with iPRO has helped retailers identify gaps in their current contractor compliance management methodologies and provided a pathway to achieve best practice. To achieve best practice and mitigate risk, the team looked to expert partners and technology as a way to overcome challenges, including:
Absence of a contractor management process that can scale with the business.
Unforeseen exposure from contractors working on site without current insurances or licences.
The retailers partnered with iPRO to implement an enterprise technology platform and provide an independent contractor compliance verification service. The benefits of the solution include:
Cut administration costs by 80% with independent contractor verification and automated alert on contractor compliance status.
Reduce risks by using a standardised risk analytics approach that is consistently applied against all contractors.
Schedule a free, no obligation demo to discover the benefits of automating the compliance verification process for your business.