Retail is a complex operation. Compliance Management, thankfully, is not.

The retail industry is complex – from sourcing to manufacturing, from shipping to sales right up to top-notch customer service – and filled with regulations, legislation, and standards that must be met on time and consistently through your entire internal and external operations and supply chain.

Why compliance in retail matters

1

With so many hubs and spokes connecting your vast retail operations and with each of them requiring you to stay on top of compliances, we know that it can become stressful.

2

Now you can collaborate through the line with your entire partner and supplier network, manage data, ensure data security, gain a real-time view, digitize and automate processes, manage and update regulations, prepare for audit trails, third-party onboarding and compliance management and much more.

3

Compliance Cart with its collaborative and automated compliances, and an ability to add new compliances and stay up to date with new requirements, managing it all becomes fairly simple and stress-free.

A few important compliances

Retail Compliance

Manage and Monitor Vendor and Store Compliance through a single platform - across global supply chain and geographically distributed store locations. Pave the way for collaboration and improved business efficiency.

Supply Chain Compliance

Onboard qualified Vendors, Suppliers, Distributors and Business Partners across your supply chain. Establish automated controls for continued adherence, fostering compliance and ethical practices through the operations.

Transparency and Traceability Compliance

Achieve compliance visibility across your network of suppliers and vendors. Ensure ethical sourcing, so that materials and manufacturing practices align with compliance standards.

Regulatory Compliance

Meet compliance goals across your organization. Adhere to regulatory requirements for different departments at regional and international levels.

Vendor Compliance

Enforce the standards and specifications set for vendors, also ensure that products meet the set quality, safety, and ethical guidelines as mandated.

Data Privacy Compliance

Ensure that all operations adhere to set data privacy guidelines and regulations encompassing everything from Credit Card Information to Customers’ personal information across in-store or online retail.

Cross Border Trade Compliance

As an Omni-channel and E-commerce Retailer, tackle complex Foreign Trade Policy, Customs and Taxation and EXIM Regulations. Maintain compliance across all platforms, trade boundaries and product classifications.

Customs and Taxation Compliance

Ensure clear product value and category classifications, correct taxation liabilities. Ensures you and your vendors are compliant at all times.

Advantages in retail operations

Compliance Cart integrates with SAP and ERP software. So now you can achieve collaboration and real-time visibility across distributed geographies, a spread out customer base and far-flung divisions within the country or internationally. All manageable easily on a single platform.

In addition, you can easily scale it up as per your requirements, add users and new compliance sets, gain centralized compliance data, get notifications about any new changes in regulations and share them with individuals or in bulk with groups across functions, internally or externally. You can set up a compliance calendar and all concerned people will get notified automatically.

SAVE TIME

Reduce the time taken for third-party onboarding and compliance management across supply chain by up to 80%.

ENHANCE EFFICIENCY

Increase resource efficiency by up to 70% through automation and digitization in compliance management activities.

MONITOR REAL-TIME

Streamline risk management processes and use intuitive dashboard for real-time monitoring. Increase compliance visibility by up to 85%.

SAVE TIME

Reduce the time taken for third-party onboarding and compliance management across supply chain by up to 80%

ENHANCE EFFICIENCY

Increase resource efficiency by up to 70% through automation and digitization in compliance management activities.

MONITOR REAL-TIME

Streamline risk management processes and use intuitive dashboard for real-time monitoring. Increase compliance visibility by up to 85%

Comprehensive features

Data Management

• Secure Centralized Data Storage
• Automated Sorting of Data
• Folders for Structured Data
• Archive Historical Data

Third-Party and Risk Management

• Third-Party Compliance & Risk Management
• Third-Party Onboarding & Management
• Integrated Proactive Risk Management
• Proactive Cyber Risk Mitigation

Regulation Management

• Unified Compliance Platform
• Dynamic Regulatory Updates
• Compliance Calendar
• Standard and Customizable Compliance Templates

Data Security

• AWS Level Security Protocols
• Encryption for Data Security
• Disaster Recovery and Backup
• Policy and Procedure Management

Compliance Monitoring and Reporting

• Bird’s Eye View for all CxOs
• Micro to Macro level Status Visibility across Organizational Functions and external Business Ecosystem
• Real-Time Compliance Monitoring
• Supplier and Vendor Compliance
• Audit Trails and Record Keeping
• Audit Preparedness

Operational Efficiency and User Accessibility

• Single Real-Time View to all Internal & External Users/Partners
• Digitize and Automate Processes • Task Automation and Scheduling
• Centralized Data Access to all Departments & compliances
• Establish Access controls and roles
• Alert and Notification System

Standard Compliance Templates Available

Compliance is a critical aspect in the retail sector, impacting your brand image, consumer trust, and potentially up to 40% impact on your bottom line. Compliance Cart simplifies this complex and often strenuous process, making it transparent, collaborative, and process friendly. With our system, you can set up a retail-specific compliance calendar, ensuring that all critical dates and actions are met timely and relevant stakeholders are promptly notified about potential compliance gaps and risks.

Please note that this list is not exhaustive and can be customized according to your retail business's unique requirements.

Please note that this list is not exhaustive and can be customized according to your retail business's unique requirements.