October 15, 2014 | Palo Alto, California: MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Management solutions, will participate at the IIA Philippines National Conference to be held in Cagayan De Oro, Philippines from October 15-17, 2014. MetricStream Vice President, Durgadutt Nedungadi, will share his views on the key challenges, trends and the evolving role of Internal Audit.

Change has become inevitable in today’s dynamic and distributed business environment. Organizations have to continuously evolve alongside the evolving requirements of customers, stakeholders, lawmakers and federal bodies in order to remain competitive in an increasingly competitive market. Growing complexities and complications in business operations, and the increased focus on risk, has transformed the role and expectations around the Internal Auditors function. Top management relies on the Internal Audit team to assist them with enhancing risk management as well as new focus areas, such as Business Continuity Management (BCM). In order for Internal Auditors to perform and succeed in their expanded role, it is important to get unwavering support from key stakeholders, including the external audit team. In addition, implementing a consistent Internal Audit program, assisted by advanced technology, can further help Internal Auditors drive value, improve the efficacy of existing risk mitigation practices, and contribute to an enhanced governance structure.

During the three-day event, Mr. Nedungadi will share his thoughts on the new role of Internal Auditors, the challenges that lay ahead, and best practices to overcome them. The event will also feature various insightful sessions on improving the efficiency and effectiveness of Internal Audit processes through emerging tools and technologies.

MetricStream’s Internal Audit Management Solution is designed to assist enterprises manage a broad spectrum of audit-related activities in a single framework.  MetricStream solutions, which won accolades as ‘Top Ranked GRC Offering – 2014,’ provide an organization with end-to-end functionality for effectively managing the complete audit life-cycle. The solution helps global enterprises incorporate best-in-class practices for successful and efficient audit execution.

To know more about the event, please  click here.

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).

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