A national retail apparel chain with over 1100 stores required the review of its refuse brokerage expenses for all the stores for a period of 3 years. The apparel chain required an independent firm to review the expenses so as to develop a comprehensive risk management plan for the future.

Relevante’s professionals examined the current process for payments of brokerage to various vendors across the country and identified large control weaknesses in the existing processes that were being followed. This was done on a store by store basis, where individual invoices and payments of the vendors were verified with the existing company policies.

Relevante’s professionals developed a comprehensive risk management structure so as to mitigate future risk of excess payments made in this area.