FastTrack GRC is more than just ERM. Just as knowing the road rules doesn’t make a good driver, software doesn't drive business outcomes, people do. But by adding Governance modules that manage to pathway from vision to mission to strategic planning, and integrating with ERM and Compliance (audit and traceability), you can create a closed feedback loop that empowers your people to achieve aims not just prevent their failure.
FastTrack.net has been proven in managing governance, risk and compliance across mission-critical organisations like Dept of Defence, Australian Quarantine Inspection Service and Victorian Infectious Diseases control laboratories. As the map below highligths, FastTrack.net provides a comprehensive set of integrated GRC functionality that can be progressively built up to deliver that vision-outcome-transformation closed loop.
In today’s disrupted business environment the need for risk management is undisputable. The application of even any cheap cloud based risk register will provide some level of protection. But once you move past establishing an operational Enterprise Risk Management (ERM) system it is common that thoughts turn to utilizing that intelligence to drive business outcomes and growth. This is where GRC (Governance, Risk & Compliance) systems come to the fore.
Objectives aren't the “bulls eye”, just the dartboard. Linking ERM with objectives, obligation and initiatives, proactive KPI monitoring, corporate governance, and Board reporting, FastTrack.net moves Strategic Planning into noticeable results.
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FastTrack transforms ERM to a true ISO 31000 decision making tool integrating with strategic management of Objectives & Obligations as well as risk based auditing and compliance suite, FastTrack is a game changer for optimising ROI and exploiting opportunities.
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FastTrack.net offers comprehensive risk based audit management to drive continuous improvement from audit findings and corrective actions. Diary tracking, traffic lights, and compliance traceability provide senior management the confidence that your regulatory compliance is securely managed.
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When Document control is not just good practice but imperative to life & limb, Fast Track produces maximum value without the overhead. With automated compliance traceability, change & version control, and web publishing, FastTrack delivers a single point of truth integrated with Outlook, and SharePoint.
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FastTrack delivers the holy grail of GRC: real-time governance. Monitoring & consolidating corporate performance, risk and surveillance data and activities, Relates all effects back to corporate Objectives and capabilities whether underperforming or over-stressed.
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Built around ISO 31000 compliance, FastTrack.net links Incident Case Management to processes and risks to deliver analytical and predictive capabilities empowering organisations to predict and prevent future incidents, as well as best-of-breed management of incidents.
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FastTrack.net is the fully-integrated Governance, Risk & Compliance solution designed and developed specifically for Australian mission critical businesses. In the Cloud or On-Premise, FastTrack.net manages governance, risk and compliance across mission-critical organisations like Dept of Defence, Australian Quarantine Inspection Service and Victorian Infectious Diseases control laboratories. Assess and manage exposure with powerful tools built for medium-sized and large enterprises. Easily identify and assess all kinds of risk; track hazards, and mitigation. Manage risk more proactively with smart, real-time alerts.
FastTrack transforms Enterprise Risk Management (ERM) to a true ISO 31000 decision making tool integrating with strategic management of Objectives & Obligations. Along with risk based auditing and compliance suite, FastTrack is a game changer for optimising ROI and exploiting opportunities. With FastTrack GRC software, both potential and actual risks are tracked in real time through enforced reviews. There are automatic event notifications, assessment templates, and multiple risk calculators, all in a hierarchical structure. Both upward consolidation and drill-down facilities deliver a true ISO31000 ERM system.
When starting out on the Compliance Management journey, understanding the alphabet soup of acronyms can be confusing. Here we try to explain the terms, what needs to be done, and why people look at compliance software to help in the process. Read More... »
Duplicating manual (Excel) registers into computer systems is a waste of time and money. The purpose of moving to good compliance management software is to achieve a paradigm shift in your GRC systems from being an overhead to a driver of business outcomes. Here we look at key features compliance software needs to digitally transform your business. Read More... »
Faced with all of today's choices in enterprise compliance software, the task of picking out the best can be daunting. It's not enough for the software to work well. It must work well for your organisation. That's why a vendor can have a fine product that's still a bad fit.
In this guide, we'll go through each of those points and more. You'll have a better idea of how to compare software suppliers side by side. Our aim is to help you focus your search on the key points that show the biggest differences among products. Read More... »
The board has finally approved an upgrade to a state-of-the-art system. You, having been such a vocal advocate for change, have been appointed the sponsor for the project. You start considering what needs to be done, uncomfortable thoughts start creeping into the back of your mind. Which was the last successful computer implementation you can remember? It then hits you: This time, YOU are responsible!
Your fears are rational. Forty percent of IT projects are unsuccessful and 25% fail to produce any result at all. What in the world goes wrong? Let's take a look. Read More... »
For 30 years Fast Track has specialised in compliance and risk management software for medium to large organisations. Our FastTrack.net platform is deployed throughout global companies such as Motorola and Serco; government bodies the Australian Department of Defence and Australian Quarantine Inspection Service; and leading medical institutions such as Alfred Hospital and Victoria Infectious Diseases control laboratories.
Fast Track is a Microsoft Certified Partner and Cloud Service Provider utilizing Microsoft’s Azure platform to provide industry leading and secure GRC on the cloud. Headquarters are in Queensland with representives in the Mid-East and South America. Contact us at +61 7 5597 2077.
Neural networking is a method of artificial intelligence where relationships between different pieces of data are identified and linked based on relevance. It's the same type of technology used by Google and Facebook to recommend subjects or friends. Applying this technology to risk and compliance unleashes insights into your organisation and business environment that allows management to operate from an informed basis instead of just gut-feel.
Predictive analytics can uncover hidden gems as well as threats and provide real options moving forward. Fast Track brings a truely innovative platform to managing risk and compliance in a marketplace dominated by heatmaps and historical reporting.
(from Compliance Today blog)