02 May 2025
2 mins read
Shrey K
Your Retail Launchpad Powered by Robust GRC
Are you entering the new financial year with an out-of-shape GRC plan? A new quarter isn’t just about budgets – this is the time to set the tone for the rest of the financial year. A well-structured Q1 checklist is your essential tool for navigating this critical period.
Why Q1 Matters for GRC
Q1 is often when budgets are finalized, strategic plans are rolled out, and regulatory changes come into effect. It's also the ideal time to review and update your GRC program based on lessons learned from the previous year. After all, businesses can lose an average of $14.82 million due to non-compliance, which is significantly more than the average cost of compliance, which is around $5.47 million. Neglecting this crucial period can lead to compliance gaps, increased risk exposure, and operational inefficiencies.
Laser's Role in Your Q1 Success:
At Laser, we provide comprehensive GRC services to help you navigate the complexities of regulatory compliance and risk management. Our team of experts can assist you in developing and implementing a tailored Q1 checklist, conducting risk assessments, and ensuring your organization maintains a strong GRC posture. By focusing on these essential elements, you can ensure a successful and compliant Q1, setting the stage for a prosperous year.
Your Rock-Solid Q1 GRC Checklist
Start the financial year strong with this guided checklist to help you identify gaps, prioritize risk, and align your governance, risk, and compliance (GRC) strategy.