July 08, 2014 | Palo Alto, California: Focused on increasing auditor efficiency and effectiveness, MetricStream’s audit management application provides a seamless user experience, and drives business performance through risk-intelligent auditing. The application is now being showcased at the IIA International Conference, being held in London from 6-9 July, 2014.

Auditors find MetricStream Audit Management Application easy to use as it provides a simple and intuitive user interface, data navigation tools, and an interactive grid-based view of risk assessment and all related information. The application also includes advanced support for offline audits as well as a mobile app for tablets with unique capabilities for data management, synchronization, and communication. These tools make auditors more agile and efficient.

MetricStream is focused on simplifying the end-to-end audit management life-cycle, while taking user experience and overall audit program performance to the next level. At the IIA’s International Conference in London, MetricStream will showcase the following key capabilities of its audit management application:

Flexible and Simplified Risk Assessments
Business users can establish and manage different risk scoring perspectives. At the same time, the application rolls up risk scores from across the organization to provide a cohesive, enterprise view of risk at the top, enabling targeted audit planning. The application also displays all risk assessments in a spreadsheet-like format which makes it easy to read, track, and enter data.

Collaborative Audit Execution
The MetricStream application provides a series of rich audit work-paper functions, as well as enhanced audit checklists with improved cross-referencing capabilities. The application also enables auditors to share risk and control information with other business functions such as the SOX compliance team, or the control testing team, in order to minimize redundancies in data.

Offline Audits and Mobile Audit App
Many auditors use MetricStream’s Audit Briefcase to conduct fieldwork at remote sites without access to the corporate network. They can download their tasks, as well as reference data and related reports, and go out into remote areas without connectivity, enter their audit findings as usual, and then upload and synchronize this data at a later time. Automated pre-sync and post-sync notifications help ensure that the audit data has been successfully uploaded.

In addition, MetricStream mobile apps offer advanced data synchronization and communication capabilities for auditors to manage both online and offline field audits using tablets and handheld devices. The app seamlessly leverages native device capabilities such as camera, GPS, and voice recordings to enrich audit data -- for example, photos taken with tablets can be easily attached to audit findings reports and geo coordinates are automatically captured for field audits.

Visit booth number 304 at the IIA International Conference, London, to learn more about the MetricStream Audit Management Application’s features and capabilities.

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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