April 15, 2013 | Palo Alto, California: One of the world’s most reputable technology manufacturers has chosen MetricStream to provide a comprehensive solution for global policy management in order to strengthen their corporate compliance program. The solution will enable the organization to standardize and streamline the complete policy management lifecycle. It will also help centralize all policies, enabling more than 100,000 employees across the world to easily access and review the policies as they need.

With hundreds of manufacturing, testing, and assembly sites across the world, the multi-billion dollar organization recognizes the importance of good corporate governance and policy management. Comprehensive policies on IT, security, corporate compliance, code of conduct, anti-corruption, anti-competitive practices, harassment, human rights, environment, quality, health, and safety, and other such areas clearly outline the regulatory, security and ethical standards expected from employees, directors, suppliers, partners, and other third-parties in their day-to-day operations. These policies also demonstrate to customers, regulators, and auditors that the organization is committed to ensuring integrity, trust, and quality in everything that it does.

The MetricStream Policy Management Solution will help the organization replace multiple, localized policy management systems with a single, common framework that will help standardize policy related processes, and simplify policy search and discovery.

The solution will also facilitate more systematic and efficient processes for policy development, policy implementation, policy communication, and policy maintenance and tie the policies to risks, controls, regulations, standards for greater efficiency and better reporting. In addition, the system’s easy-to-use and intuitive user interface will facilitate increased user adoption, and enable employees across the globe to access the appropriate policies based on their roles.

Today, global organizations with employees scattered across different geographies are finding it increasingly difficult to develop, manage, and implement policies that are aligned with their corporate compliance and IT and Security programs. Many organizations end up with hundreds of conflicting, redundant, and out-of-date policies, and they struggle to strike a balance between centralizing policies at the corporate level, and decentralizing policies at the local level, while still providing sufficient top-level oversight into these processes.

MetricStream is enabling leading global organizations to overcome these challenges by providing a flexible framework that supports global, regional, local, and functional policies and procedures that are federated. The solution also helps in streamlining end-to-end policy processes, and simplifying policy updates and change management - all while simultaneously rolling up data on policy compliance levels across the global organization to provide a consolidated view at the enterprise level.

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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