March 26, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) management solutions, today announced that it is participating in the 2010 General Audit Management (GAM) Conference being hosted by The Institute of Internal Auditors (IIA).
Recognized for its best-in-class solution for Internal Audit Management, MetricStream is a IIA Industry Leader Partner and will demonstrate its Audit Management solution that has been widely adopted by large global corporations for effective risk-based auditing, work paper management and workflow-based automation of the entire audit process. The conference is being held on March 29-21, 2010 at the Gaylord Palms Resort and Convention Center in Kissimmee near Orlando in Florida.
The GAM conference is IIA's signature event and is designed to be the essential educational and networking experience for chief audit executives, audit directors, and senior management. The conference this year includes new tracks on optimizing stakeholder relationships, high performance solutions, leveraging leading practices, embracing a climate of dynamic change and internal audit's role in risk management.
At the conference, MetricStream will showcase several new capabilities and features of Audit Management solutions as well as its Enterprise GRC Platform and solution suite that comprise products for Regulatory Compliance, Policy Management, Enterprise Risk Management (ERM), Operational Risk Management (ORM), Issue and Incident Management IT-GRC and Supplier & Vendor Governance.
"MetricStream has established market leadership in Audit Management Software with several successful large-scale installations in a range of industries including Energy & Utilities, Banking and Financial Services, Insurance, Health Insurance, Healthcare, Life Sciences, Food Services, Retail, Hi-Tech and Manufacturing," said Gaurav Kapoor, CFO and General Manager at MetricStream. "We have achieved this by developing thorough understanding of the needs of the internal audit function - especially for auditing on a global scale in large and complex organizations. The association with the IIA as an Industry Leader Partner and close working relationships with audit executives of our clients' has been crucial and we are looking forward to the IIA GAM conference as a forum for interaction and learning as well as sharing our experience and expertise."
MetricStream delivers rich and comprehensive functionality for risk-based auditing by providing powerful and easy-to-use features to address common auditing challenges. The product's capabilities for organizational modeling, risk assessment, time and resource management, auditor collaboration, offline auditing, auditee communications, work paper management, remediation and action planning workflows and audit report generation greatly simplify auditors' day-to-day functions. The solution also helps in meeting the rising expectations that senior management and audit committees have from audit groups - especially for enabling better risk management and improving business performance.
The conference attendees will be able to view a live demonstration of MetricStream's Audit Management solutions as well as its Enterprise GRC platform and solution suite at booth # 226 at the conference.
MetricStream is a 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 Procter & Gamble, UBS, Societe Generale, 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).