"MDOS offers a lot of new exciting features. MDOS introduces changes to most screens, primarily for fields with Organization and or User picklist as well as changing the Security setup and report filtering, Having additional dimensions offers more flexibility in the design of an org hierarchy as well as enhanced reporting filtering capabilities."
“We are gradually transitioning our ERM program from a compliance-focused approach to a value-driven approach. Soon, we hope to achieve a uniform risk culture across the organization.”
"At Infigen Energy, we hold ourselves to the highest standards of corporate governance, risk management and compliance. In order to stay ahead of various changes in our risk and regulatory environment we require the support of an integrated and agile solution. Of the vendors we evaluated MetricStream offered the most comprehensive GRC solution. Through our partnership with MetricStream we plan to embark on a long and successful GRC journey marked by a strong culture of risk awareness, compliance and good governance."
"Before we had manual duplicated workflows but now it's automated and efficient. Before we had siloed GRC data- compliance has one set of data, risk has one, audit has one, BCP has one. Now it's a single GRC data repository with clear ownership of each data elements and strong data governance. Before risk was seen as the work of the risk function now risk is everyone's business."
"Embarking on a GRC program was really about delivering value and making sure we are not spending resources unnecessarily. We also wanted to enable the different lines of defense to deliver on their individual accountability."
“A lot of time may be spent on the design phase of a GRC program, but ultimately, it's about how the program is implemented. There needs to be a focus on engagement, communication, follow-up, and the sustainability of the GRC program.”
"We are moving away from multiple platforms and complex spreadsheets to a single instance of the MetricStream platform. This has enabled greater collaboration between our teams as well as standardization and simplification of our ways of working."
“We chose MetricStream primarily because of its track record in audit and compliance management. Having worked with leading global oil and gas companies, MetricStream is well-known for its feature-rich, user-friendly and flexible solutions. The company understood our requirements and mapped them to their solution to deliver an audit management system that was easy to roll out and has been quickly adopted in our organization.”
"MetricStream's platform provides a strategic foundation with specific solutions that enable Fairchild to achieve our near-term quality improvement objectives."
"When we have our process risk controls and taxonomies and organization all inside MetricStream, when audit goes to audit now, that data will be there. So immediately your auditor will be happier because they don't have to spend 20 30 40 hours building RCM and checking and all that stuff. It's all there. It's all in the common language - the first line built it, second life effectively challenged it. Audit is going to do their QC and it will be a 5 hour job o 10 hour job instead of 30 40 hours."
"Today we have implemented about 6 modules in production. We started off with Case, PDMS, we went with Issue Management enterprise wide. We have about 2000 users."
“GRC initiative requires building a roadmap for audit, risk and compliance to increase business performance.”
"We have now started to see commonality between different organization unit's risk assessment. We are starting to see maturities in how we are identifying issues in that process. We also have action plans for the next quarter and so forth."
"Our company has always followed a stringent and well-defined quality assurance program. But as we grow and expand, we need a robust audit management system to ensure that our quality processes are followed down to the last detail. MetricStream has provided us with an efficient and flexible system, equipped with rich dashboards and workflows that will help us enhance the company’s reputation as a trusted name in food quality."
“We tested MetricStream, and found that it addressed all our needs, in terms of unifying the audit universe, improving the effectiveness of internal audit function, and streamlining the internal control and governance processes.”