Guide to FastTrack.net Enterprise Compliance Software Released

GOLD COAST, Australia, May 7, 2013 /PRNewswire-iReach/ -- Fast Track, an Australian compliance software company that has served medium and large organisations for 30 years, has released a new guide to its software. The free guide is available for instant download at http://fasttrackaust.com/guide.

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"With the new product guide, organisations can see at a glance what options are available from Fast Track, the technical specifications, pricing, and how the integrated package provides valuable performance and management tools," said Gregory Carroll, technical director for Fast Track.

The 23 page Guide details technical features and system requirements; explains Fast Track's pricing structure, which allows customers to choose as many modules as they need, without having to buy bundled extras; and outlines its approach to speedy implementation. 

CONTEXT

Many managers view compliance programs as a headache -- something they're required to invest time and money in, but which produces little. A benchmark report from the United States shows that the opposite is the case. Investing in strong compliance programs saves money in the long run.

The research report by Ponemon Institute LLC in Traverse City, Michigan, examines the real costs, both of setting up a proper compliance program and of cleaning up the damage when proper programs have not been put in place. The study looked at 46 multinational organisations and interviewed 160 leaders.

The cost of compliance worked out to only about $222 per employee, while noncompliance costs averaged about $820 per employee.

"We learned that while the average cost of compliance for the organizations in our study is $3.5 million, the cost of non-compliance is much greater," the report said. Cleaning up non-compliance problems averaged nearly $9.4 million.

The report also looked at the 10 attributes that lend the greatest support to a strong compliance structure. Many of them pertain to governance and oversight of the organization's security initiatives.

ABOUT FASTTRACK.NET SOFTWARE

FastTrack.net is software that provides a user-friendly, integrated approach to managing all areas of compliance. Its differentiators include:

• Single comprehensive product for compliance management
• Optimised for medium and large organisations (500+ users)
• Own screens, workflow, rules - increases manager productivity
• Leading edge technology - evolving neural data model
• No code change/ rapid deploy - many 90-100 day deployments
• Price competitive - compare to IBM, Oracle, Accenture solutions

"We needed a generic, agile, commercial off-the-shelf database that was capable of process flow management. We found more and more what the broad capability of the system truly was the more we got into it," said one government agency that has used FastTrack.net for over a decade.

Asked what led them to FastTack.net, a company in the construction industry said, "Flexibility – the ability to tailor the database to suit company needs e.g. we could select required modules but not have to purchase all, flexibility in field options for specific screens and workflow steps. Compatibility/ linkage – data from other corporate databases could be system downloaded to Fast Track. Capability & support – Fast Track's team, while small, was very accessible in the initial negotiations and start-up."

And a large corporate customer commented, "Fast track was purchased as a single quality management solution for the functions of document control and internal audit / corrective actions so that 5 legacy systems could be united into a single system that would comply with our external accreditation requirements."

ABOUT FAST TRACK (AUST) PTY LTD 

For 30 years Fast Track (Aust) Pty Ltd has specialised in regulatory compliance and enterprise risk management for medium and large organisations. The company deploys enterprise-wide solutions for Quality, Risk, Environmental, OHS, Supplier, and Innovation Management.

• 30 year history
• 400+ installations globally
• Specialists in mission critical environments
• Defence Security Clearance

Product enquiries: Greg Carroll, Technical Director, +61 7 5591 8977

ADDTIONAL RESOURCES

Media Contact:

• Request a Demo Get a look at the compliance management software trusted by top brands for 30 years.
• 10 Essentials of Enterprise Compliance Software Faced with dozens of choices in enterprise compliance software, the task of picking out the best can be daunting. This guide helps you compare software suppliers side by side, focusing your search on the ten factors that make the biggest difference.
• Enterprise Compliance Today Blog features weekly articles on navigating the world of compliance software, reducing compliance costs, and avoiding the problems of non-compliance. Recent articles include, "Top 3 Lessons From IBM and Queensland Health's Billion Dollar Fiasco: What went wrong with this payroll system implementation?" and "Safety In Size? Not For IBM Software Implementations: How Queensland Health paid dearly for choosing a giant for a new payroll system".

Fiona Hughes B2B Communications, 925-672-9547, fiona@b2bcommunications.com

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SOURCE Fast Track

RELATED LINKS
http://www.fasttrack365.com