October 16, 2012 | Palo Alto, California: MetricStream GRC Solution has signed PepsiCo Mexico Foods, a division of PepsiCo Inc., as a new client.

“We are thrilled to add PepsiCo Mexico Foods as a client,” says Gaurav Kapoor, Chief Operating Officer at MetricStream.

Kapoor continued: “Strong governance across internal operations, supply chains, and distribution networks is critical for brand-led companies to inspire trust among consumers.  An integrated GRC approach helps our clients focus on their areas of increased risk, and bridge silos to effectively manage compliance across organizational boundaries. Moreover, it helps organizations not only mitigate risks, but also pursue risk intelligence as a means to create value.”

To stay competitive and cater to fast-changing consumer demands, consumer product companies worldwide are rapidly creating new brands and products, and expanding their distribution networks. It is critical that they continue to develop their risk and compliance management frameworks to keep pace with business expansion, and ensure compliance with local and global laws, financial reporting regulations, and internal quality, brand, and operational policies.

MetricStream GRC Solution is designed to enable clients to efficiently track and manage all compliance and operational controls across suppliers, distributions centers, and plants. It also provides a systematic and harmonized approach to complying with SOX requirements.

About MetricStream

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).

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