March 19, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the Institute of Internal Auditors' (IIA) General Audit Management (GAM) 2012 Conference. Held on March 19-21, 2012 in Orlando, Florida, the conference will focus on how internal auditors can scale up their skills and enhance their value proposition in the organization.

With the changing economic scenario and rigid regulatory norms, the role of internal auditors is becoming increasingly crucial in an organization. As the scope of responsibilities increases, internal auditors are looking at a strong but transparent audit management process to assess, monitor and manage risks that will not only help them gain visibility in to their risk and compliance status but also enable them to provide critical advice to the management to mitigate organizational risks.

During the three-day conference, MetricStream will showcase its Audit Management Solution that has helped leading organizations, worldwide, to streamline, integrate and automate their internal auditing processes and improve business by minimizing exposure to potential losses and risks. The solution provides a systematic management of the entire internal audit lifecycle including risk assessment, audit planning and scheduling and, development of audit reports. Apart from internal audit, the solution supports a variety of audits such as operational audits, financial audits, IT audits, supplier audits and quality audits.

Through the powerful dashboards and reports that provide real-time visibility into risk and audit metrics, internal auditors will be able to make informed decisions, and provide valuable risk-based advice to the Board and other key stakeholders. The solution also possesses advanced capabilities such as an audit advisor, auditor profile management tool, offline audit briefcase, automated alerts and centralized risk-control libraries that help internal auditors implement best practices for internal auditing, and integrate the audit process with the risk and compliance management systems. This closed-loop approach to internal audit eliminates redundancies, enhances collaboration, and promotes efficiency.

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.(

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