"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 selected the MetricStream solution for its ability to provide powerful workflows and key metrics around the audits function.More importantly, it will help us automate CBO's risk-based audits and providerisk assessment methodologies which,in turn, will enable us to enhance the effectiveness and efficiency of CBO's existing risk-based audit infrastructure. The solution will also help build a comprehensive compliance framework for the Central Bank of Oman by providing the capability to integrate several regulatory requirements and risk management initiatives."
"One of the challenges that we face is to understand, communicate, and take action on the many regulatory changes that occur across programs and product lines. The MetricStream GRC tool will help us standardize and streamline processes to manage regulatory change effectively. It will also help ensure that regulatory change is consistently executed and delivered throughout the organization.”
“We have engaged [on the MetricStream Community] throughout the implementation and found the interactions and materials quite useful. [Through the interactions on the MetricStream Community] we have also made sure that what we are working through, other companies are also working through, and what we are seeing, other companies are seeing; so it's reassuring from that perspective.”
"Our approvals are consistently done within the system, we have issue management beyond the audit cycle, our quarterly and annual reporting execution time has been reduced significantly. QA efforts have been redirected to higher value work due to workflow and system checks."
“GRC initiative requires building a roadmap for audit, risk and compliance to increase business performance.”
“MetricStream has implemented a rich solution to support our specific audit and compliance needs. With clear visibility into audit status and complete automation in these areas, we have achieved stronger compliance and secure audits across the organization. With MetricStream Solution, we feel well-equipped to meet newer challenges in the healthcare space and serve our patients better than ever.”
“MetricStream provided us a proven, scalable and cost effective solution to help our subsidiaries streamline SOX compliance initiatives. The configurability of the solution combined with the logically structured, intuitive interface accelerated the speed at which we were able to achieve unified risk and compliance framework. We are pleased to partner with such a world class organization, and look forward to working with them.”
"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."
“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.”
“I’ve gotten really good feedback from the business units and teams that are using the system. They like having something that they know is going to work. They like knowing that they’re not going to get 20 different emails. It’s really easy from my standpoint too. When I log onto the system, I can see what projects people are working on, where we’re at, what’s overdue it just makes life easier.”
"Today, we have a centralized GRC system across SLC sharing common information and a common language through a Single Version of the Truth with over 3,000 users of the system."
"Our partnership with MetricStream has been critical to the success of our sustainability and supply chain management programs.With MetricStream, we have established a common point of reference to assess, score, and track sustainability initiatives across over 900 suppliers worldwide. Increased visibility into sustainability initiatives, coupled with workflow automation and improved collaboration with suppliers is critical to meeting our sustainability goals, and supporting our long-term success as an organization."
"[GRC] is truly a strategic implementation. [By using a GRC tool], you can save a lot of time, streamline your processes, and get people across the organization to use the same tool, thus increasing transparency and accountability.”
"MetricStream's platform provides a strategic foundation with specific solutions that enable Fairchild to achieve our near-term quality improvement objectives."