Case Study: Jumbo achieves streamlined internal control with 3rdRisk

3rdRisk makes internal control for Jumbo simpler, more efficient, and fun

Jumbo, a major retailer, was struggling with an inefficient and frustrating internal control process. Their previous methods, which relied heavily on clunky tools like Excel, were manual, time-consuming, and prone to errors. This created a significant administrative burden, poor oversight, and difficulty tracking the status of controls and self-assessments. This challenge led them to partner with 3rdRisk to implement its internal control module.

3rdRisk developed a user-friendly internal control solution for Jumbo, built through collaborative workshops. The platform streamlined the entire process, automating reminders, centralizing justifications and evidence, and providing clear visibility into risks and control status. This solution from 3rdRisk resulted in a more than 35% reduction in time spent on the process, significantly increased risk awareness and engagement across the organization, and enabled faster, more informed decision-making.

Jumbo

Janneke Coopmans

Manager of Internal Audit & Risk and Internal Auditor