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Strategic Management Software
for
Corporate Governance
Integrated Risk Management
Regulatory Compliance
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..
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. FastTrack.net provides a comprehensive set of integrated GRC functionality that can be progressively built up to deliver that vision-outcome-transformation closed loop.
Corporate Governance
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
Using its 30 years working in GRC with Dept of Defence, Motorola, and Serco, FastTrack understands that to deliver due diligence & ROI all business must be linked to strategic objectives and be aggregated both horizontally and vertically. Further this Context must be communicated, available, & monitored at all Operational levels i.e. a single living 2way network connected throughout the organisation. This is what FastTrack.net GRC software delivers.
Enterprise Risk Management
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.
A truly proactive tool, FastTrack moves ERM from a liability register to a decision making tool for optimising ROI and exploiting opportunities. FastTrack ERM links context to objectives to risks to KRIs offering a complete framework for ISO 31000 compliance from identification to assessment, through controls to mitigation and review.
FastTrack ERM’s unique neural network architecture provides executives with visibility of threats and opportunities, aggregation of risks across the enterprise, to presenting their effect on your core capabilities that allows you to realise your corporate objectives.
Incident Management
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.
In addition to best-practice workflows, FastTrack delivers analytical and predictive capabilities empowering users to identify systemic root causes, conduct threat analyses and monitor leading Key Risk Indicators in real time. In short, FastTrack Incident Management empowers organisations to predict and prevent future incidents, as well as providing a best-of-breed system to manage the incidents that do occur.
Regulatory Compliance
FastTrack provides processes and systems for tracking and responding to regulatory compliance activities across multiple locations, eliminating individually customized processes that risk being lost with staff turnover.
Many executives don't think they get much for the money they spend on compliance. They're right, if they have been focused on short-term goals such as passing annual audits. The key is to think in the long term by taking the knowledge, skills and technologies acquired through compliance efforts to create a foundation for improvement in other areas. Automating compliance management activity frees up your compliance and risk management specialists.
Knowledge Management
Preserving and ensuring the integrity of corporate memory, although an essential part of strict regulatory environments, is also a key factor in driving productivity, efficiency, and customer satisfaction. With today’s shortage of expert staff, cash strapped and outsource dominated business models, it’s more about time savings; because of staffing pressures, organizations need to make better use of the staff they have.
And the predominant cause of inefficiency and waste is information not being where needed and archaic document control requiring tremendous man-hours in reviewing documents, obtaining approval and signatures, face-to-face meetings to discuss changes, distributing revisions and follow-up staff training.
Dashboards & Reporting
FastTrack delivers real-time monitoring & consolidating corporate performance, compliance and surveillance data and activities in client definable management dashboards and Excel based reporting.
FastTrack relates all their affects back to your Corporate Objectives and capabilities to whether they’re underperforming or over-stressed. Directors and C-Level executive can now make better and faster decisions.
Excel Reporting provides a well known reporting tool, including graphing and pivot tables, that allows management to extract information when and how they want without the delay or impost on your IT staff.
Contract Management
A truly proactive tool, FastTrack moves Enterprise Contract Management (ECM) from a reactionary register to an effective value adding tool for risk mitigation, performance management and continuous improvement. FastTrack links Contracts to processes to risks to capabilities all built around a complete framework for ISO 31000 compliance from identification to assessment, controls, mitigation and review.
Ensuring awareness of regulatory compliance obligations, tracking renewal of staff licences and qualification with automatic reminders, highlighting proficiency gaps (both in competency and distribution) are just some of the benefits of a FastTrack Induction to continuing training solution for staff, contractors, and visitors alike.
