September 19, 2008 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced the next version of its Fast and Light Briefcase Technology geared towards offline accessibility by users. As companies scale up their technology investments related to GRC initiatives, their most important challenge is to ensure continuous organizational monitoring while providing uninterrupted, instantaneous access to all users. In order to mitigate this key challenge, companies need to ensure that they have the right technology in place.
MetricStream’s patented Enterprise Compliance Platform (ECP) provides a unique Offline Briefcase capability that allows users to perform their tasks at remote field sites/plants/locations without access to the corporate network. Key functionalities such as conducting audits and reviewing CAPA’s can be made available on notebook computers and handheld devices, even when they are offline and cannot access the network. The data can be recorded in exactly the same manner as when the application is online and synchronized with the central repository when the network is accessible. Before adopting the Briefcase, users recorded offsite activity using Word or Excel and then manually uploaded the information into the online system. Using the Briefcase, users can synch up the offline information seamlessly which improves productivity, saves time and eliminates errors resulting from data re-entry.
Version 5.1 of the briefcase technology offers some key upgrades that further enhance the usability of the solution.
“It is important for business users to have seamless online and offline access to the system in order to enable them to be productive in any situation,” said Vidya Phalke, Vice President of Products and Engineering at MetricStream. “The new version of the MetricStream Offline Briefcase has been built with the road warrior in mind. While at remote locations and site visits where network access is poor or non-existent, the advanced functionality of the briefcase coupled with enhanced encryption and cross-industry applicability make it a must-have for all companies seeking to optimize their operational productivity and transparency.”
MetricStream is the 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 UBS, Société Générale, 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).