Autogrill Chooses MetricStream for Internal Audit Management
MetricStream to enable an integrated, risk-based approach to internal audits across Autogrill Group and its Business Divisions
MILAN, April 9, 2013 /PRNewswire/ -- Autogrill, one of the world's leading providers of food, beverage, and retail services for travelers, has chosen MetricStream for its Internal Audit Department. The MetricStream solution will enable Autogrill's internal audit teams across the globe to transcend geographical and functional barriers and collaborate more effectively on various initiatives. The solution will also provide greater top-level visibility and enhanced risk and control intelligence.
An industry leader, Autogrill has a presence in 38 countries, employs roughly 63,000 people, and had sales totaling roughly €6 billion in 2012. With its US subsidiary HMSHost, Autogrill is the world's largest provider of airport food and beverage services and manages a portfolio of over 350 internationally renowned brands, including Acafe, Ciao Ristorante, Puro Gusto, Starbucks Coffee, Burger King, Bagel Street, Foodissimo, Spizzico, World Duty Free Group, Biza, Alpha Airport Shopping, Glorious Britain, and Fashion & Fun.
Autogrill is recognized for its commitment to building scalable corporate governance, compliance, and internal audit functions. Over the years, these programs have been strengthened through new initiatives such as implementing direct reporting for the internal audit function to the CEO and to the Control Bodies, developing a year audit plan based on risk analysis.
The MetricStream solution will act as a single point of reference, integrating and streamlining all internal audit processes including risk assessments, control testing, audit planning, work-paper management, resource management, reporting, and issue management. MetricStream's multi-language capabilities will facilitate adoption of the solution across Autogrill's operations in Italy, Spain, UK and the United States.
Claudio Cecchini, the Head of MetricStream's Italian operations says, "What makes MetricStream the partner of choice is the flexibility of our solution, to seamlessly adapt to each market's unique footprint. In Italy and across Europe we are forging new relationships with customers and partners to continually strengthening the quality of our services, technology and support."
To accelerate the solution's deployment, Autogrill will adopt MetricStream's Cloud-based offering. Built on cutting-edge virtualization technologies, MetricStream's Cloud offering provides exceptional flexibility and reliability, while ensuring data security.
"We are very pleased to work with Autogrill," said Shankar Bhaskaran, GM and VP of International Business Operations at MetricStream. "Visionary organizations across Europe and around the world – both large and small – are looking to MetricStream's advanced, integrated, and extensible GRC solutions."
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management programs, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.
Mr. Vinay Bapna
This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.
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