Fastpath, a leader in audit, security, and compliance software, has recently announced it was named for the third time to the Constellation ShortList™, in the Enterprise Risk Management (ERM) and Governance, Risk, and Compliance (GRC) in Q3 2019.
Constellation’s ShortList criteria for naming companies to its prestigious cloud-based ERM and GRC list includes the following attributes:
- Ability to track key ERM/GRC data types (e.g., policies, risks, controls, procedures) in an integrated data model or document framework
- Features to carry out audits, risk assessments, and collect evidence
- Robust reporting and analytics with common ERM/GRC templates
- Ability for most key ERM/GRC features to be configured (as opposed to customized)
- Workflow management capabilities for common ERM/GRC tasks
- Vendors with a sufficient customer base and revenue for stability
Constellation evaluates over 50 solutions categorized in this market, every 180 days, and the ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.
The Fastpath Assure® suite of tools simplifies security and audit needs by streamlining segregation of duties analysis and user access reporting. Separate modules allow proper reporting, and includes templates created by auditors to make security or audit reviews easy to understand, sharable, and with scheduling automation, built for repeatable success.
“Being recognized for the third time in a row by Constellation is a testament to our teams who strive every day to create and maintain the highest quality security platform, while always keeping our customer’s needs first. Our quick to implement, easy-to-use cloud-based platform has helped over a thousand of our customers worldwide automate their access controls, SoD analysis, and identity management. Without their success using our tool, being selected for the Constellation ShortList would not happen.”
– Andy Snook, President and CEO, Fastpath
“In our experience working on tens of thousands of vendor selections, we’ve learned that no two organizations have the same requirements. We cut through the clutter and marketing hype and present the top offerings in each of our coverage areas. These vendors have battle tested solutions that our analysts have vetted and approved,” said R “Ray” Wang, chairman and founder at Constellation Research.
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is frequently updated every six months with the rapidly changing market conditions.
About Fastpath, Inc.
Founded in 2004, Fastpath has deep expertise in audit, security, and compliance, with multiple Certified Internal Auditors on the team. Fastpath has global partnerships with several audit firms and a client base which spans across multiple industries within both publicly traded and privately-held companies. Fastpath Assure® is a cloud-based audit platform that can track, review, approve and mitigate access risks across multiple systems from a single dashboard. The platform comes with a pre-configured segregation of duties rule set specific to each ERP and works across a variety of ERP/CRM systems, including Microsoft Dynamics, NetSuite, SAP, Oracle EBS, Oracle Cloud, Sage Intacct, Salesforce, Workday, Coupa, ServiceNow, FinancialForce, Zendesk, Jira, Workiva, Acumatica, as well as custom applications. With over 1,100 customers in over 30 countries, Fastpath supports small to enterprise sized organizations and their risk management efforts.
Source: Constellation Research, Inc., “Constellation ShortList, Enterprise Risk Management (ERM) and Governance, Risk, and Compliance (GRC)”, Dion Hinchcliffe, August 14, 2019