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Home > Library > Solution Briefs    Solution Briefs Featured Solution Briefs: Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. Auditing In The Retail Industry Understanding the challenges unique to the retail industry, MetricStream brings a comprehensive auditing solution for retail operations that streamlines the auditing processes and provides true business value from the audit function. The solution brings out unmanaged but potential risks and discrepancies supporting sustained compliance with policies and standards for improving the bottom line. Its web-based access enables multiple audits to be conducted simultaneously across multiple geographies.   Products Issue Management IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge.  Top Change Management Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance.  Top Equipment Management Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities.  Top Document Management IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Document And Case Review in the Life Sciences Indutsry Stringent regulations have made compliance managers take a serious look at their document review practices. Most pharmaceutical companies constantly face the pressure of delayed and inaccurate submissions. MetricStream provides a comprehensive solution that makes the process of reviewing critical document simple and efficient. The solution leverages the role of authors, editors, reviewer, compliers, etc. by ensuring that documents and records submitted to the regulatory authorities, like the FDA, are complete and accurate.  Top CAPA/Remediation Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Integrated Quality and Compliance Management The growing mix of complex products, a global supply base and stringent customer requirements has created a need for organizations to have real-time visibility into their quality processes and to implement systems that ensure closed loop quality processes and support easy access to and efficient routing of information. Many organizations are deploying industry standard quality management methodologies such as ISO 9000, cGMPs and Six Sigma or implementing other quality practices to reduce costs, shorten cycle times and improve overall product and process quality. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics.  Top Risk Management Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Business Continuity Management: Planning for Cost-effective Recovery and Resiliency In today?s fast-paced, volatile business climate, organizations cannot risk having outdated, incomplete, or inefficient plans. They need to automate the plan building and maintenance processes. For this reason, many organizations are searching for a planning tool developed to meet specific needs and regulatory requirements. This paper outlines and discusses how MetricStream's continuity planning and risk management solution can help organizations meet disaster recovery requirements. Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Risk Management in Life Sciences The life sciences industry has always been under close scrutiny, leading to rising audit burdens, quality inspections, and fines. Pressure to track consumer usage, continuously monitor the history and life cycle of a drug increases risks in conducting business operations. To overcome these risks, life sciences industry need to adopt a more proactive and structured enterprise risk management (ERM) system. Risk Managers in life sciences industry, today, are assigned the critical role of recognizing and eliminating the inherent risks (endangering the safety or performance), minimizing their effects, evaluating the controls and remedies, documenting the procedures, and so on. Unified GRC Framework: Blueprint for Delivering Business Performance The evolution of capital markets, globalization and macroeconomic changes are not just increasing the challenges but also creating unprecedented opportunities for companies. Most enterprises today understand the importance of linking and managing risk alongside compliance initiatives and corporate governance issues. Better preparedness around Governance, Risk and Compliance (GRC) allows them to respond to and leverage domestic and global events and trends much faster. By putting a unified structure in place to manage GRC, enterprises can make decisions faster and feel more certain and informed, creating significant competitive leverage and unexpected benefits.  Top Compliance Management Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Automated Testing Of Internal Controls MetricStream solutions for Governance, Risk and Compliance (GRC) support Automated Testing for Internal Controls and provide dependable automation and protection from a regulatory standpoint. Automated testing of internal controls ensures effective compliance, creates opportunities for cost savings, increases profitability, improves fraud detection and operational efficiencies and above all, gives the true status of a company?s compliance health through a transparent view of its internal controls. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Integrated Quality and Compliance Management The growing mix of complex products, a global supply base and stringent customer requirements has created a need for organizations to have real-time visibility into their quality processes and to implement systems that ensure closed loop quality processes and support easy access to and efficient routing of information. Many organizations are deploying industry standard quality management methodologies such as ISO 9000, cGMPs and Six Sigma or implementing other quality practices to reduce costs, shorten cycle times and improve overall product and process quality. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities. Unified GRC Framework: Blueprint for Delivering Business Performance The evolution of capital markets, globalization and macroeconomic changes are not just increasing the challenges but also creating unprecedented opportunities for companies. Most enterprises today understand the importance of linking and managing risk alongside compliance initiatives and corporate governance issues. Better preparedness around Governance, Risk and Compliance (GRC) allows them to respond to and leverage domestic and global events and trends much faster. By putting a unified structure in place to manage GRC, enterprises can make decisions faster and feel more certain and informed, creating significant competitive leverage and unexpected benefits.  Top Audit Management Auditing In The Retail Industry Understanding the challenges unique to the retail industry, MetricStream brings a comprehensive auditing solution for retail operations that streamlines the auditing processes and provides true business value from the audit function. The solution brings out unmanaged but potential risks and discrepancies supporting sustained compliance with policies and standards for improving the bottom line. Its web-based access enables multiple audits to be conducted simultaneously across multiple geographies. IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Automated Testing Of Internal Controls MetricStream solutions for Governance, Risk and Compliance (GRC) support Automated Testing for Internal Controls and provide dependable automation and protection from a regulatory standpoint. Automated testing of internal controls ensures effective compliance, creates opportunities for cost savings, increases profitability, improves fraud detection and operational efficiencies and above all, gives the true status of a company?s compliance health through a transparent view of its internal controls. Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities.  Top   Solutions OMB A-123 Compliance Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Top Financial Controls Management Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Automated Testing Of Internal Controls MetricStream solutions for Governance, Risk and Compliance (GRC) support Automated Testing for Internal Controls and provide dependable automation and protection from a regulatory standpoint. Automated testing of internal controls ensures effective compliance, creates opportunities for cost savings, increases profitability, improves fraud detection and operational efficiencies and above all, gives the true status of a company?s compliance health through a transparent view of its internal controls. Top BSA and Patriot Act Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Top ISO 9000 Compliance ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities. Top Complaints Management Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Top Quality Management Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Integrated Quality and Compliance Management The growing mix of complex products, a global supply base and stringent customer requirements has created a need for organizations to have real-time visibility into their quality processes and to implement systems that ensure closed loop quality processes and support easy access to and efficient routing of information. Many organizations are deploying industry standard quality management methodologies such as ISO 9000, cGMPs and Six Sigma or implementing other quality practices to reduce costs, shorten cycle times and improve overall product and process quality. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics. Top Internal Audits Auditing In The Retail Industry Understanding the challenges unique to the retail industry, MetricStream brings a comprehensive auditing solution for retail operations that streamlines the auditing processes and provides true business value from the audit function. The solution brings out unmanaged but potential risks and discrepancies supporting sustained compliance with policies and standards for improving the bottom line. Its web-based access enables multiple audits to be conducted simultaneously across multiple geographies. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Top Enterprise Risk Management Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Risk Management in Life Sciences The life sciences industry has always been under close scrutiny, leading to rising audit burdens, quality inspections, and fines. Pressure to track consumer usage, continuously monitor the history and life cycle of a drug increases risks in conducting business operations. To overcome these risks, life sciences industry need to adopt a more proactive and structured enterprise risk management (ERM) system. Risk Managers in life sciences industry, today, are assigned the critical role of recognizing and eliminating the inherent risks (endangering the safety or performance), minimizing their effects, evaluating the controls and remedies, documenting the procedures, and so on. Top Environmental Health and Safety Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Top FERC Compliance Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Top Operational Risk Management Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Business Continuity Management: Planning for Cost-effective Recovery and Resiliency In today?s fast-paced, volatile business climate, organizations cannot risk having outdated, incomplete, or inefficient plans. They need to automate the plan building and maintenance processes. For this reason, many organizations are searching for a planning tool developed to meet specific needs and regulatory requirements. This paper outlines and discusses how MetricStream's continuity planning and risk management solution can help organizations meet disaster recovery requirements. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Top Corporate Policy Compliance Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Top HACCP and ISO 22000 Compliance Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Top Consumer Privacy Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Top Variance and OOS Management Document And Case Review in the Life Sciences Indutsry Stringent regulations have made compliance managers take a serious look at their document review practices. Most pharmaceutical companies constantly face the pressure of delayed and inaccurate submissions. MetricStream provides a comprehensive solution that makes the process of reviewing critical document simple and efficient. The solution leverages the role of authors, editors, reviewer, compliers, etc. by ensuring that documents and records submitted to the regulatory authorities, like the FDA, are complete and accurate. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. Top SOX Compliance Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Top Customer Quality Management Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Top Supplier Quality Management Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics. Top IT GRC IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Automated Testing Of Internal Controls MetricStream solutions for Governance, Risk and Compliance (GRC) support Automated Testing for Internal Controls and provide dependable automation and protection from a regulatory standpoint. Automated testing of internal controls ensures effective compliance, creates opportunities for cost savings, increases profitability, improves fraud detection and operational efficiencies and above all, gives the true status of a company?s compliance health through a transparent view of its internal controls. Unified GRC Framework: Blueprint for Delivering Business Performance The evolution of capital markets, globalization and macroeconomic changes are not just increasing the challenges but also creating unprecedented opportunities for companies. Most enterprises today understand the importance of linking and managing risk alongside compliance initiatives and corporate governance issues. Better preparedness around Governance, Risk and Compliance (GRC) allows them to respond to and leverage domestic and global events and trends much faster. By putting a unified structure in place to manage GRC, enterprises can make decisions faster and feel more certain and informed, creating significant competitive leverage and unexpected benefits. Top FDA Compliance Document And Case Review in the Life Sciences Indutsry Stringent regulations have made compliance managers take a serious look at their document review practices. Most pharmaceutical companies constantly face the pressure of delayed and inaccurate submissions. MetricStream provides a comprehensive solution that makes the process of reviewing critical document simple and efficient. The solution leverages the role of authors, editors, reviewer, compliers, etc. by ensuring that documents and records submitted to the regulatory authorities, like the FDA, are complete and accurate. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. Risk Management in Life Sciences The life sciences industry has always been under close scrutiny, leading to rising audit burdens, quality inspections, and fines. Pressure to track consumer usage, continuously monitor the history and life cycle of a drug increases risks in conducting business operations. To overcome these risks, life sciences industry need to adopt a more proactive and structured enterprise risk management (ERM) system. Risk Managers in life sciences industry, today, are assigned the critical role of recognizing and eliminating the inherent risks (endangering the safety or performance), minimizing their effects, evaluating the controls and remedies, documenting the procedures, and so on. Top Company Ethics Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. Top   Industry Automotive IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Integrated Quality and Compliance Management The growing mix of complex products, a global supply base and stringent customer requirements has created a need for organizations to have real-time visibility into their quality processes and to implement systems that ensure closed loop quality processes and support easy access to and efficient routing of information. Many organizations are deploying industry standard quality management methodologies such as ISO 9000, cGMPs and Six Sigma or implementing other quality practices to reduce costs, shorten cycle times and improve overall product and process quality. ISO 16949 Compliance: Solution Brief Leading automotive manufacturers and suppliers use MetricStream Solutions to automate their internal quality control processes, ensure compliance with ISO 16949 standards and regulations, improve supplier quality performance, reduce warranty and recall liabilities. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics. Top Government IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Top Pharmaceuticals IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Document And Case Review in the Life Sciences Indutsry Stringent regulations have made compliance managers take a serious look at their document review practices. Most pharmaceutical companies constantly face the pressure of delayed and inaccurate submissions. MetricStream provides a comprehensive solution that makes the process of reviewing critical document simple and efficient. The solution leverages the role of authors, editors, reviewer, compliers, etc. by ensuring that documents and records submitted to the regulatory authorities, like the FDA, are complete and accurate. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. Risk Management in Life Sciences The life sciences industry has always been under close scrutiny, leading to rising audit burdens, quality inspections, and fines. Pressure to track consumer usage, continuously monitor the history and life cycle of a drug increases risks in conducting business operations. To overcome these risks, life sciences industry need to adopt a more proactive and structured enterprise risk management (ERM) system. Risk Managers in life sciences industry, today, are assigned the critical role of recognizing and eliminating the inherent risks (endangering the safety or performance), minimizing their effects, evaluating the controls and remedies, documenting the procedures, and so on. Top Manufacturing IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Integrated Quality and Compliance Management The growing mix of complex products, a global supply base and stringent customer requirements has created a need for organizations to have real-time visibility into their quality processes and to implement systems that ensure closed loop quality processes and support easy access to and efficient routing of information. Many organizations are deploying industry standard quality management methodologies such as ISO 9000, cGMPs and Six Sigma or implementing other quality practices to reduce costs, shorten cycle times and improve overall product and process quality. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics. Top HighTech IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Top Healthcare IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Top Airlines IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Top Food and Beverage Auditing In The Retail Industry Understanding the challenges unique to the retail industry, MetricStream brings a comprehensive auditing solution for retail operations that streamlines the auditing processes and provides true business value from the audit function. The solution brings out unmanaged but potential risks and discrepancies supporting sustained compliance with policies and standards for improving the bottom line. Its web-based access enables multiple audits to be conducted simultaneously across multiple geographies. IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Automated Testing Of Internal Controls MetricStream solutions for Governance, Risk and Compliance (GRC) support Automated Testing for Internal Controls and provide dependable automation and protection from a regulatory standpoint. Automated testing of internal controls ensures effective compliance, creates opportunities for cost savings, increases profitability, improves fraud detection and operational efficiencies and above all, gives the true status of a company?s compliance health through a transparent view of its internal controls. Complaints and Audit Management in the Food and Beverage Industry To stay as a preferred brand, companies need a solution which integrates their food safety initiatives through adequate audits and triggers corrective action in case of any customer complaints - a process of automatic mapping of deviations and violations back to a specific list of food safety issues. MetricStream provides a comprehensive Complaints and Audit Management solution for the Food and Beverage industry, giving you a head start by providing dependable automation and regulatory compliance. Top Banking and Financial Services Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Integrated GRC in Financial Services: Improving visibility and increasing effectiveness Recognizing the virtues of centralized GRC models, several forward-thinking institutions have already launched convergence efforts - integrating risk, compliance and control processes. The transition from traditional silo-focused systems to a holistic approach has plentiful benefits. Business Continuity Management: Planning for Cost-effective Recovery and Resiliency In today?s fast-paced, volatile business climate, organizations cannot risk having outdated, incomplete, or inefficient plans. They need to automate the plan building and maintenance processes. For this reason, many organizations are searching for a planning tool developed to meet specific needs and regulatory requirements. This paper outlines and discusses how MetricStream's continuity planning and risk management solution can help organizations meet disaster recovery requirements. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Operational Risk Management (ORM): A Roadmap to Better Business Performance in Banks and Financial Institutions The regulators of financial companies and banks are demanding a far greater level of insight and awareness by directors about the risks they manage, and the effectiveness of the controls they have in place to reduce or mitigate these risks. Further, compliance regulations, like Basel II and SOX, mandate a focus on operational risks, forcing financial organizations to identify, measure, evaluate, control and manage this ubiquitous risk. This has led to an increased emphasis on the importance of having a sound operational risk management (ORM) practice in place, especially when dealing with internal capital assessment and allocation process. This makes ORM one of the most complex and fastest growing risk disciplines in financial institutions. Unified GRC Framework: Blueprint for Delivering Business Performance The evolution of capital markets, globalization and macroeconomic changes are not just increasing the challenges but also creating unprecedented opportunities for companies. Most enterprises today understand the importance of linking and managing risk alongside compliance initiatives and corporate governance issues. Better preparedness around Governance, Risk and Compliance (GRC) allows them to respond to and leverage domestic and global events and trends much faster. By putting a unified structure in place to manage GRC, enterprises can make decisions faster and feel more certain and informed, creating significant competitive leverage and unexpected benefits. Top Energy and Utilities Leveraging AS5 to Streamline SOX Compliance Most enterprises today continue to feel that substantial resources are being drained on Sarbanes-Oxley (SOX) compliance. Despite three years of experience with SOX, auditors and enterprises still struggle to achieve a balance between effective compliance, and the high cost to sustaining the SOX initiative. AS5 has added new dimensions to SOX 404 compliance ? focusing audits on core matters, eliminating unnecessary procedures, scaling audits for smaller companies, and simplifying compliance requirements. As a result, many finance experts expect AS5 to trim down the costs for SOX 404 compliance. IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Effective Internal Audit Management The pressure to maintain performance and meet expectations during the economic downturn has necessitated corresponding increase in the knowledge, skills, and expertise of internal audit professionals. The MetricStream solution for Internal Audits provides dependable automation and protection from risk management perspective and regulatory standpoint. Business Continuity Management: Planning for Cost-effective Recovery and Resiliency In today?s fast-paced, volatile business climate, organizations cannot risk having outdated, incomplete, or inefficient plans. They need to automate the plan building and maintenance processes. For this reason, many organizations are searching for a planning tool developed to meet specific needs and regulatory requirements. This paper outlines and discusses how MetricStream's continuity planning and risk management solution can help organizations meet disaster recovery requirements. Corporate Social Responsibility: Solution Brief With appointments of Chief Sustainability Officers, practical measurements for energy efficiency, establishment of waste reduction targets, ?pay for plastic bags? programs at checkout counters and preference for local suppliers ? the Green DNA is manifesting in many ways. MetricStream is committed to developing and supporting best practices in CSR and sustainable development and helping to shape how global organizations can create an eco-friendly footprint and compliant growth. CSR through Environmental Health and Safety With changing regulatory requirements, organizations need solution which can support traditional EHnS requirements and emerging needs such as global warming, greenhouse gas reporting and carbon trading. Enterprises today are putting themselves at risk by not managing their EHnS portfolio and their EHnS data. They need to integrate their EHnS compliance and risk management activities in a single platform. Energy Risk Management (ERM): A Front End Process for Compliance Management Activities in Energy and Utility Companies While risk managers in all industries are grappling with the problems of performing real-time risk measurement and mitigation, risk managers in the energy and utilities sector have to tackle additional complexities due to the inherent nature of the business. Optimizing risk and returns in generation plant usage, delivery schedules, natural gas and electricity selling prices, deliveries, oil pipeline usage and cash flows is a formidable task. As a result, companies in this sector are looking to systematically identify, measure, prioritize and respond to all types of risk in the business. Enterprise Risk Management (ERM): A GRC Based Approach to Risk and Reward Management At MetricStream we challenge ourselves and our customers to adopt an approach to risk management that enables us to utilize ERM in the broader context of Governance, Risk and Compliance (GRC) Management: to mitigate risks and also revisit their business processes to capture value generating business opportunities. Concepts and viewpoints herein build upon our experiences with our customers across industry in helping them reengineer their business processes to bring about a change in how they view, mitigate and profit from business risks. Unified GRC Framework: Blueprint for Delivering Business Performance The evolution of capital markets, globalization and macroeconomic changes are not just increasing the challenges but also creating unprecedented opportunities for companies. Most enterprises today understand the importance of linking and managing risk alongside compliance initiatives and corporate governance issues. Better preparedness around Governance, Risk and Compliance (GRC) allows them to respond to and leverage domestic and global events and trends much faster. By putting a unified structure in place to manage GRC, enterprises can make decisions faster and feel more certain and informed, creating significant competitive leverage and unexpected benefits. Top Medical Devices IT GRC - Enhancing Technology Capabilities Information technology is increasingly becoming the backbone for business operations of companies. However, IT is getting impacted due to growing concerns such as malicious code, system intrusion, data threats, IP violations and internal IT operational risks. Supply Chain Governance Solution Business models around the world are changing dramatically. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Thus, facing challenges and struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. Document And Case Review in the Life Sciences Indutsry Stringent regulations have made compliance managers take a serious look at their document review practices. Most pharmaceutical companies constantly face the pressure of delayed and inaccurate submissions. MetricStream provides a comprehensive solution that makes the process of reviewing critical document simple and efficient. The solution leverages the role of authors, editors, reviewer, compliers, etc. by ensuring that documents and records submitted to the regulatory authorities, like the FDA, are complete and accurate. Integrated Quality And Compliance Management in the Life Sciences Industry Companies in pharmaceutical, biotechnology and medical devices industries are constantly pushing the boundary of innovation to develop new products. In addition, the industry is regularly being challenged to meet the rising standards of quality and to comply with rigorous regulatory requirements. For Life Sciences companies, regulatory requirements such as FDA GXPs, reporting mandates, international quality and safety standards and other compliance issues are evolving from isolated departmental initiatives to an enterprise level challenge. Risk Management in Life Sciences The life sciences industry has always been under close scrutiny, leading to rising audit burdens, quality inspections, and fines. Pressure to track consumer usage, continuously monitor the history and life cycle of a drug increases risks in conducting business operations. To overcome these risks, life sciences industry need to adopt a more proactive and structured enterprise risk management (ERM) system. Risk Managers in life sciences industry, today, are assigned the critical role of recognizing and eliminating the inherent risks (endangering the safety or performance), minimizing their effects, evaluating the controls and remedies, documenting the procedures, and so on. Supplier Quality Management: Solution Brief The global manufacturing industry has become a web of suppliers and customers linked together in a complex supply and demand chain. A critical aspect of a manufacturer?s business strategy is collaborating with suppliers across the globe in real-time to meet its product delivery schedules and design and quality commitments to its own customers. Ensuring conformance to product and process quality specifications and standards becomes is challenging task when the interacting manufacturers have disparate IT systems, different production schedules and dissimilar process metrics. Top

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