October 16, 2012 | Palo Alto, California: MetricStream GRC Solution has signed PepsiCo Mexico Foods, a division of PepsiCo Inc., as a new client.

“We are thrilled to add PepsiCo Mexico Foods as a client,” says Gaurav Kapoor, Chief Operating Officer at MetricStream.

Kapoor continued: “Strong governance across internal operations, supply chains, and distribution networks is critical for brand-led companies to inspire trust among consumers.  An integrated GRC approach helps our clients focus on their areas of increased risk, and bridge silos to effectively manage compliance across organizational boundaries. Moreover, it helps organizations not only mitigate risks, but also pursue risk intelligence as a means to create value.”

To stay competitive and cater to fast-changing consumer demands, consumer product companies worldwide are rapidly creating new brands and products, and expanding their distribution networks. It is critical that they continue to develop their risk and compliance management frameworks to keep pace with business expansion, and ensure compliance with local and global laws, financial reporting regulations, and internal quality, brand, and operational policies.

MetricStream GRC Solution is designed to enable clients to efficiently track and manage all compliance and operational controls across suppliers, distributions centers, and plants. It also provides a systematic and harmonized approach to complying with SOX requirements.

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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