November 05, 2012 | Palo Alto, California: Leading enterprise Governance, Risk, and Compliance (GRC) solutions provider, MetricStream, will be participating in the Retail Law Conference on November 7-9, 2012 at Dallas, Texas. The conference will be conducted by the Retail Industry Leader’s Association (RILA). This year’s conference will have some of the leading legal practitioners in the retail industry who will provide in-depth insights on the latest legal developments and share strategies to navigate through various legal challenges.
During the three-day event, MetricStream Vice President of ComplianceOnline Advisory Services, Keri Dawson will join Kelly Barrett, Vice President, Internal Audit and Corporate Compliance at The Home Depot, Inc. and Wilma Wallace, Vice President, Deputy General Counsel at GAP, to lead a panel discussion on “Corporate Compliance Programs: Cutting Edge Approaches.” The discussion will be held on November 8, from 01:45pm to 02:45pm.
Today’s retail global market offers valuable opportunities but not without compliance challenges. With retail organizations expanding its operations into newer markets, there are host of various legal and compliance mandates that they need to consider that are set by the Consumer Product Safety Commission (CPSC), Fair Packaging and Labeling Act (FPLA), Foreign Corrupt and Practices Act (FCPA), Fair Labor Standards Act (FLSA), and Environmental Protection Agency (EPA). This is where an effective corporate compliance program counts, especially in today’s business and regulatory landscape. The cost of failing to establish a robust corporate compliance program can be substantial, leading to personal liability for boards and management, fines and government monitors, and reputational harm. During the one hour panel discussion, the speakers will bring out the challenges that retail organizations face in structuring a corporate compliance program, the risks that they are exposed to in the current business scenario, and best practices that will help them build a flexible and robust corporate compliance program.
MetricStream provides a flexible framework to streamline governance programs, ensure corporate compliance, and improve accountability and communication. The solution streamlines various CCO-level oversight programs, policies, procedure management, surveys, certification processes, and training mandates. It also facilitates compliance with regulations such as SOX, Anti Money Laundering, the Foreign Corrupt Practices Act, Company Ethics, Stock Options Grants, Consumer Privacy, and the Patriot Act, Fair Packaging and Labeling Act (FPLA), Fair Labor Standards Act (FLSA), and Environmental Protection Agency (EPA). Built on a centralized Governance, Risk, and Compliance (GRC) platform, the solution helps retail organizations integrate governance and compliance programs with core retail operations like finance, vendor risk management, environmental management, merchandising, store operations, supply chain and distribution,HR and marketing. The solution also delivers powerful tools to streamline policy communication, systematize internal and external audits, identify, assess, and mitigate compliance risks, and thus protect corporate reputation and brand value.
MetricStream is the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions. MetricStream solutions are used by leading global corporations in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing to manage their risk management programs, quality management processes, regulatory and industry-mandated compliance and other corporate governance initiatives. MetricStream’s customers include UBS, Société Générale, Pﬁzer, Philips, Cummins, Kellogg’s, Mondelez International, SanDisk, and NetApp. MetricStream also owns and operates the www.ComplianceOnline.com portal - the largest GRC advisory network and one of the largest GRC communities. MetricStream is headquartered in Palo Alto, California, USA (www.metricstream.com).