July 14, 2016 | Palo Alto, California: MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Apps, has announced today that it will participate at the IIA International Conference taking place at the Javits Convention Center in New York from July 17-20, 2016.

The IIA International Conference is the premier training and networking event for internal audit professionals worldwide. The theme for this year’s 2016 IIA International Conference is “Internal Audit Rising…75 Years of Progress Through Sharing.” The event will convene over 2,000 delegates from around the world for networking with like-minded colleagues; participating in sessions on topics such as emerging trends, public sector issues, technology, ethics and governance, fraud prevention, financial services, risk, and CAE insights; and engaging with leading edge product and service providers.

On the afternoon of July 19th, 2016, MetricStream will host a presentation titled, “The Role of Internal Audit in Developing a Robust Vendor Risk Management Program” which will feature MetricStream Senior Vice President, Susan Palm and Tony Bailey, Senior Vice President at Umpqua Bank.

Other notable speakers at the event include:

  • Richard F. Chambers, President and Chief Executive Officer of The Institute of Internal Auditors
  • Julia Gillard, Former Prime Minister of Australia
  • Rudolph W. Giuliani, Former Mayor of New York City
  • Olivia F. Kirtley President International Federation of Accountants
  • Richard Quest, International Business Correspondent and Host of “Quest Means Business” at CNN
  • Paul Sobel, Vice President and Chief Audit Executive at Georgia-Pacific LLC

Effective risk management and compliance with government regulations are driving the need for ongoing auditing. For companies that are regulated by the FDA or are following quality standards such as ISO 9000/14000, regular audits are essential to reduce the risk of non-compliance. However, audit management is becoming increasingly challenging, given the growing complexity of businesses and the number and types of audits that need to be conducted. Companies are fast realizing that point solutions and spreadsheet-based systems are no more suitable for managing internal audit programs.

During the event, MetricStream will showcase its Audit Management Solution, which is designed to help companies manage a wide range of audit-related activities, data, and processes in a single, comprehensive framework. MetricStream’s Audit Management Solution provides the flexibility to support all types of audits, including internal audits, operational audits, IT audits, supplier audits, and quality audits. It also provides end-to-end functionalities for managing the complete audit lifecycle - from audit planning and scheduling, to the development of standard audit plans and checklists, to field data collection, to the development of audit reports and recommendations, to the review of audit recommendations by auditees and the Management, to the implementation of audit recommendations. Advanced capabilities such as built-in remediation workflows, time tracking, email-based notifications and alerts, risk assessment methodologies, and offline audit functionalities allow organizations to implement industry best practices for efficient audit execution, and ensure integration of the audit process with the risk and compliance management system.

Visit booth number 420-422 at the IIA International Conference in New York to meet MetricStream executives and learn more about MetricStream’s Audit Management Solution.

To learn more about this event, please Click here.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

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