May 10, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the Super Strategies Conference and Expo 2011. Organized by MIS Training Institute, the conference will be held from 11th - 13th May, 2011 in Chicago, Illinois. GRC professionals from across the nation will converge at the event to network with peers, and glean insights on effective audit management.

Today, businesses are grappling with a new and volatile risk and compliance landscape. Consequently, their reliance on internal auditors is increasing. Auditors are being called upon to monitor enterprise-wide compliance with industry regulations, track the efficacy of risk management strategies, prevent and detect fraud, and provide advisory services to Boards and Management - all this, while managing their regular responsibilities.

The Super Strategies Conference and Expo will help auditors rise to the demands of their new roles through insights and best practices from industry experts. The conference will cover a range of key audit concerns such as maximizing internal audit performance, detecting control weaknesses, preventing fraud, and adopting a top-down and bottom-up strategic approach to ERM.

MetricStream will be showcasing its market-leading solutions at the conference. In addition, Senior Director of GRC Services, Keri Dawson will share insights on how risk-based auditing can help businesses develop a more focused audit process, save costs and resources, and increase operational efficiency. Risk-based audits are increasingly being preferred to traditional audits because they provide a systematic method for audit identification, prioritization and scheduling, while enabling audit resources to be focused on the areas of highest risk in the audit universe.

MetricStream Audit Management Solution is equipped with powerful risk heat maps, score cards and calculators to help businesses perform by risk-based audits by closely assessing risks and quickly determining areas of high vulnerability. The solution links risks with controls, internal policies and compliance regulations, enabling seamless coordination and ease of management. Information surrounding all these entities - including control and risk assessment, internal policies and control regulations - is maintained in a centralized data repository with easy search and access features.

The audit management solution is built on an integrated wed-based platform that can be extended across business departments, units, vendors and operational locations. The platform integrates the full range of audit management activities, transcending restrictive functional silos, and enhancing collaboration. It streamlines audit lifecycles, automates end-to-end workflows, and enables cost-effective and efficient resource utilization.

Powerful capabilities such as role-based dashboards, automated issue remediation, embedded best practices and risk monitoring tools helps businesses adopt a proactive approach to audit management.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

Press contacts

Molly Palm : pr@metricstream.com | (925) 451-1468

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