July 04, 2014 | Palo Alto, California: MetricStream, a market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, will participate at the IIA International Conference, to be held in London from 6-9 July, 2014. MetricStream will exhibit its advanced Audit Solution at this event.

The complex scenario of today’s business landscape, in addition to intensified scrutiny from regulators and various federal bodies have urged internal auditors to take on new responsibilities to help their organizations tackle new risks and mounting challenges. Internal auditing has come a long way; from being an entity that focusses on mere inspections, to playing a more proactive role in gauging the strength of the firm’s risk management strategies, and providing independent assurance to the organization. The work of internal audit teams is more closer aligned with the business objectives of an organization, and the various compliance mandates governing a particular industry. Internal audit is also helping address challenges in terms of training the right personnel to assist them in their expanded role. In order to function effectively, internal audits team have to enhance communication between the board and auditing team, provide more frequent updates on key risks and trends, ensure staffing of qualified people, and maintain consistent reporting on the efficiency of existing controls and strategies.

The four-day IIA International Conference will feature notable speakers who will discuss various issues, current trends in the auditing sector, primary challenges faced by internal auditors, and best practices in overcoming them. Participants at this event will also have the opportunity to meet their industry peers and exchange ideas. At the event, MetricStream will showcase its Internal Audit Management Software Solution that is used by leading organizations around the world to enhance the value of their Audit Function and ensure more efficient and effective Audit programs and processes.

MetricStream’s Internal Audit Management Solution offers customers a flexible framework to streamline the complex process of auditing and related activities. MetricStream’s solution, which won accolades as the ‘Top ranked GRC offering - 2014,’ enables a closer integration of internal audit with the organization’s business objectives, along with industry-specific compliance mandates to ensure a successful audit program.

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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