“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.”
"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."
"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."
"In terms of benefits of implementation, we've achieved everything we set out to. We have a single source of the truth. The GRC platform is seen by the CRO as the place where all of the risk and control data and loss event data in Nationwide is mastered. It is the central record, the only record that we use to report to the regulator."
"We were looking for a scalable solution because risk can be looked at from various perspectives - vendor, cyber, regulatory, etc - and the MetricStream platform addressed our requirements. Technology is truly an enabler, and has helped us eliminate errors due to manual processes, identify risks in a timely manner, and devise remediation plans."
“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.”
"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."
"At INC Research, we hold ourselves to the highest standards of quality, MetricStream’s solutions will be an important part of sustaining those standards of quality as we grow and expand. We selected MetricStream based on the company’s rich domain knowledge of the Life Sciences industry which enabled them to support a large, growing organization such as ours."
"We have started to aggregate risk data across the various risk taxonomies and risk types i.e. if an individual of our company or a client is showing up in more than 1 risk silo, it probably warrants an in depth review. This is obviously a much more complex system but the first results we are seeing of this holistic monitoring are quite promising. We have completely revised the controls framework for our key risk areas such as AML, Know Your Customer."
"The MetricStream GRC Solution has helped us automate our entire audit process from planning, implementation, follow-ups and production of reports."
“We are happy to say our compliance to incident reporting and tracking in the new software is now at 96%, previously in the first edition, it was 4%. Our action tracking today is at 89% and previously it was I think 17%.”
“MetricStream solutions provide out-of-the-box capabilities for the ISO 9000 standards. We are using these effectively for an accelerated implementation to meet our aggressive timetable leading to the ISO certification.”
"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."
"With a deluge of threats targeting internet infrastructures, achieving regulatory compliance was critical to us. We were looking for a solution that could serve as the basis of our SOX compliance initiatives and provide a comprehensive platform to manage financial and nonfinancial controls."