April 19, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the Food Safety Summit. The event will be held from 19th-21st April, 2011 in Washington DC, and is expected to be one of the largest gatherings of food safety professionals.

Today, the average food company’s manufacturers, distributors and suppliers are scattered across the globe. Ensuring the quality and safety of food across this enormous network is a constant challenge. Companies have to monitor suppliers for conformance with sanitation procedures, eliminate discrepancies,conduct regular training programs and provide constant reports to stakeholders and Management. Add to that growing regulations from FDA authorities and other regulatory bodies, and it is evident why audits are a top priority in the food and beverages industry. However, conducting audits and ensuring the safety of food is never easy, as supply chains expand, and compliance regulations grow more complex and intertwined.

The Food Safety Summit will help companies learn how to overcome these challenges through a comprehensive range of resources and insights. Participants will gain hands-on knowledge of effective strategies and solutions to safeguard their food and beverages business.

MetricStream will be participating in the event along with a leading provider of third-party food safety audit, inspection, certification and education services. The provider has chosen MetricStream to streamline, automate and improve the efficiency of thousands of its audit and inspection services.

MetricStream solutions are widely recognized for their rich capabilities, and their ability to streamline and integrate GRC management across the enterprise. One of the world’s leading cereal producers has selected MetricStream to streamline food quality audits across its supply chain in the US. MetricStream solutions will enable the company to efficiently monitor food quality and safety, resolving issues as soon as they occur.

MetricStream Audit Management solution has also been chosen by one of the world’s largest nutrition and food companies.The solution provides a centralized platform for risk assessments, audit planning and scheduling, remediation tracking and reporting for all departments, product lines and businesses worldwide.

MetricStream solutions are web-based, flexible, easy-to-use and secure. They enable companies to ensure the highest quality and safety of products, limit food-borne illnesses, enhance collaboration with suppliers and distributors, ensure compliance with the complete spectrum of regulations, and reduce costs.

MetricStream Audit Management Solution enables companies to manage the complete audit lifecycle from a single point of reference. The solution covers a wide variety of audits including operational and quality audits. Executive dashboards provide in-depth visibility into quality audit data at every step of the way, while a robust issue management system ensures closed loop compliance.

All quality and compliance data are unified in a single repository, enabling easy identification of trends, issues and performance metrics. Workflows are automated for increased efficiency, simplification and reduced errors.

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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