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September 11th & 12th , 2013 | London, United Kingdom: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, will participate in the IIA Annual Conference 2013 in London on September 11th and 12th, 2013. Piyush Pant, Vice President Strategic Markets, MetricStream will be speaking on the topic "Measuring the Value of Internal Audit" on day two of the event. Top audit professionals and industry experts will convene at the event to discuss the impact of emerging risks, and the need to expand the role and success of internal audit management. They will also throw light on how internal audit can be leveraged to provide business value to an organization.

Real-time and reliable business intelligence has never been more critical for organizations. Organizations need to identify areas of potential risk, and address them before they escalate into serious issues. Emerging business models, growing alliances, and new revenue areas also give rise to risks that cannot be identified through traditional internal audit functions. Further, with companies expanding base across geographies, the scope of internal audit has to be broadened to deal with multiple regulatory requirements, and heighten the focus on risk management. 

Internal auditors today need to provide new insights and relevant findings to reduce an organization's exposure to risks. They also need to work on improving quality, reducing costs, and increasing the profit margin. The internal audit team must adopt sophisticated technology solutions to transform the internal audit practice, and to engage better with the decision-makers and the leadership teams. However, point solutions and spreadsheet-based systems are no longer viable given the expanded role of internal audit. An integrated Internal Audit Management Solution that enables companies to manage a wide array of audit-related activities, data, and processes in a unified and centralized framework is the need of the hour.

This two-day conference will offer valuable insights on tackling internal audit challenges, and better aligning internal audit and risk management efforts with an organization's overall business goals. Key topics for discussion include:

  • Predicting the potential impact of business strategies, including business change and projects
  • Providing internal audit a more strategic role in organizations
  • Enhancing risk management processes and procedures to strengthen the internal audit practice
  • Broadening the scope of internal audit to proactively manage risks

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 contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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