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September 24, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) and Quality Management solutions, will participate at the Regulatory Affairs Professionals Society (RAPS) Regulatory Convergence 2013 conference in Boston, from September 28th - October 2nd, 2013. The conference will bring together distinguished professionals from the medical devices, pharmaceuticals, and biotechnology sectors to discuss challenges and strategies to better manage regulatory compliance and reporting. MetricStream will participate in the event and showcase its industry leading regulatory and corporate compliance, risk, and quality solutions for the life sciences industry.

The life sciences industry at large faces stringent and complex regulations, introduced by federal and governmental bodies. Life sciences organizations need to comply with regulatory requirements such as FDA GXPs and international quality and safety standards, which is proving to be a challenging and resource-intensive task.

Given the possible litigations, heavy fines, and reputational damage that can result from non-compliance, organizations can no longer rely on legacy and homegrown compliance systems. While these systems manage product and process quality, they fail to track regulatory changes, implement associated policies and procedures, define and assess controls, identify and assess the risk of non-compliance, and perform effective internal audits.

MetricStream’s solutions are built on a centralized platform, allowing life sciences organizations to streamline compliance activities across the enterprise. Utilizing these solutions, organizations can assess and monitor non-compliance risks, define controls, manage audits, and remediate issues from a single point of reference. Powerful dashboards with drill-down capabilities further improve process transparency, and enable managers to proactively identify, track, and resolve compliance and quality issues. Embedded best practices, control frameworks, and automated alerts also enable organizations to effectively tackle safety issues and accelerate approval cycles through powerful risk assessment methodologies, data analytics, risk calculators, and trending capabilities.

At this event, distinguished industry experts will lead engaging discussions and interactive case studies that will provide attendees with valuable insights and information about the tools needed to develop a successful regulatory compliance program.

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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