"The biggest benefit we have achieved is visibility. Earlier when we were using Excel and other mediums, we didn't have central visibility of our frameworks and at one landscape we weren't able to see at any point of time how we are fairing in our controls execution."
“Enterprise Risk Office at PSCU leverages technology to ‘connect the dots’ across the organization and stay abreast of regulatory changes.”
"By using the MetricStream system, it’s very easy for us to flag where these smelters are from and what the risks are. We are actually able to close out most of our supplier risk within 30 days."
"Second and third line of defense are finally speaking with each other, exchanging information. We have broken the silos that we had grown into. We have extended the program to the local banks and they have received it quite happily."
"After a thorough evaluation of multiple vendors, we selected MetricStream. We were very impressed with the comprehensive capabilities of their solution and the deep domain knowledge about pharmaceutical manufacturing environments within their organization."
"Technology is an enabler, it helps in establishing consistent practices and standards amongst all our risk disciplines."
"The benefits that organizations can gain from implementing a GRC tool are streamlined operations, elimination of duplication of work and information, and contextual intelligence that allow you to make better decisions faster."
“By October 2011, we had a complete, consolidated picture of risk across the group. Therefore, during our meetings with organizational executives, we could point out which auditable entity was more risky than others. Providing this kind of feedback was new. It enabled us to add value to the management team, and act as partners to the business.”
"Earlier people used to work with risk, and did not know about it. But now people are more aware that they are working with risk and they focus on the right thing and the main thing."
"The subject of GRC is very new, but all industries are discussing it. GRC will become one of the most important subjects in the next decade."
"Manal Al Sarraf, Head of Internal Audit, Batelco, describes the Governance, Risk and Compliance (GRC) challenges that the telecom industry currently faces and what they need to do as a company in order to overcome them. She also talks about the benefits she’s getting by being a part of the GRC Summit."
"With MetricStream's all-inclusive solution which is stable and robust, our food safety audit, inspection, and certification services will become even more dependable. MetricStream's extensive support for automation scheduling, data repository formation, comprehensive reporting, and enterprise-wide training has enhanced the assured quality of our services."
“Today we have a centralized GRC system, shared information, and a common language providing a single version of the truth with all 3,000 users on the system. We’ve finished the initial implementation program and we continue to onboard further use cases and mature the current implementation as we understand it further.”
"After implementing MetricStream, Danske Bank is expecting to build increased trust with regulators and leadership with a consolidated platform for real time risk visibility, and compliance status and analytics, with end-end accountability."
"We continue to be impressed with the richness of MetricStream's SOX solution and their ability to help deploy the solution in such a short timeframe."