MetricStream today said microbogging site Twitter has selected its GRC Governance,Risk,Compliance platform to establish and maintain a robust financial compliance programme and internal controls environment.
Twitter will implement MetricStream8217;s compliance management solution to automate and streamline its account reconciliation and financial close processes,the Bangalore-based company said in a statement.
MetricStream solution will enable workflow-driven automation of key financial control activities for Twitter,as well as improve efficiencies in managing the end-to-end processes associated with account reconciliation and financial close,it said.
It will also help Twitter align financial compliance with its broader compliance and risk management strategy at a global scale,it added.
8220;A robust application to monitor performance of control activities is critical for ensuring the integrity of financial and accounting information,8221; Nilesh Patel,Corporate Controller at Twitter,said.
8220;By using MetricStream GRC Platform,we aim to drive efficiency and strengthen productivity of our staff,so that they can focus on other high value activities for the business.8221;
8220;MetricStream GRC Platform will streamline,automate and manage key aspects of Twitter8217;s financial operations which are fundamental to the company8217;s long-term growth and success,8221; MetricStream CEO Gaurav Kapoor said.