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March 30, 2010 | Palo Alto, California: AIB International one of North America's largest providers of third-party food safety audits, recently selected MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, for implementing an Audit Management system to automate and streamline its food safety audits and inspections services.

AIB's services are used by many of the world's largest food manufacturers, distributors and food service operators, including 83 of the top 100 North American food processors. Their primary objective is reducing risk and ensuring compliance with food safety and quality regulations and standards including FDA GMPs, HACCP, ISO 22000, OSHA, BRC and SQF. AIB's Gold Standard Certification Program is widely recognized as an industry benchmark for food quality and safety.

In a comprehensive evaluation, AIB reviewed several audit management products in the market on a variety of functional and technical criteria as well as the vendors understanding of risk and compliance issues related to food safety and health. MetricStream, an industry-leader in GRC Platform technology known for its superior audit management solution, emerged as the preferred choice based on its domain expertise and the strength of its technology and solution.

According to Maureen Olewnik, Vice President of the Audit and Technical Services at AIB, "We chose MetricStream because their solutions are designed for a truly integrated approach for managing audits, risks, compliance and safety programs across our organization's operation. MetricStream provides a holistic view for critical decision making - and we believe the solution will greatly strengthen our food safety initiatives while improving our overall goal of seeking operational efficiencies that will secure customer confidence and satisfaction."

MetricStream will enable AIB to apply industry best practices in food safety audits, inspections and compliance with an easy-to-use audit management application deployed on its Enterprise GRC Platform. The system will be used by AIB auditors who conduct audits and inspections at over 10,000 manufacturing and distribution facilities in the US and worldwide. The solution will provide workflow, collaboration and reporting capabilities to allow auditors, management and support staff to efficiently plan and schedule audits, establish inspection criteria, submit and collect audit results, track findings and issues, create audit reports and streamline inter-departmental coordination.

Carl McCauley, Vice President of Sales at MetricStream welcomed the new engagement with AIB and said, "Food safety is a major concern the world over and we are extremely delighted to be partnering with one of the leading companies in this industry. For food and beverage companies, the risks from not meeting safety and compliance can be severe financially and through loss of brand equity in the market place. By unifying quality, safety, risk, audit and compliance programs on MetricStream Enterprise GRC Platform, customers can define and execute consistent and systematic processes to achieve significant performance improvements."

MetricStream provides web-based, end-to-end solutions to support compliance and quality programs for food safety. MetricStream solutions give food manufacturers and distributors the ability to collaborate internally and with their trading partners, providing real-time view into safety, compliance and quality. By unifying all quality and compliance data into one central repository, food and beverage companies can leverage robust reporting, dashboards and alert capabilities to easily identify trends, overdue actions and other performance metrics while maintaining detailed scorecards against key performance indicators (KPIs). This increases overall efficiency in their food quality and safety management program.

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).

Press contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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