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The iFastrack software allows companies to manage their risk fromuninsured contractors, vendors or tenants easily over the Internet. Whilemost companies require proof of insurance at the onset of a contract, fewactually track the insurance certificate to ensure that policies haven'tlapsed and continue to meet required limit minimums. Without this protection,companies could be held responsible for substantial damages caused bycontractors. Most states require Worker's Compensation coverage and consideryou responsible for uninsured persons you hire to perform work. The iFastracksoftware dramatically reduces exposure from non-employee work accidents byproviding automated review and notification of missing/expired policies alongwith insuring that limits meet minimum requirements.
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"The use of contractors by businesses is a necessary practice and althoughone might assume that the contractor carries proper insurance -- it's notalways true. Recent catastrophic accidents such as the Minneapolis bridgefailure, Boston's Big Dig collapse and the crane accidents in Manhattan werecaused by contractors and demonstrate the need to ensure contractor insuranceis valid," said Phyllis Recca, CEO of GG-One Software. "With iFastrack,companies can easily provide access to information regarding the insurancestatus of contractors to offices anywhere in the world."
GG-One Software's flagship Fastrack software has been used for many yearsby companies throughout all industries and has become a critical component oftheir risk management program. "We have been using Fastrack for three yearsnow and it blows away any other product we've tested or used in the past! Thesimplicity and power of this program made tracking certificates much less timeconsuming and more accurate," says Richard Turton, Assistant Manager ofInsurance, Risk Management & Loss Control of New York University. "In early2007 we initiated a search for a comprehensive, reasonably priced certificateof insurance tracking system and found the Fastrack software the clear choice.The system is well designed, easy to implement and the customer service istop-notch. We are very excited about migrating to iFastrack!" states JohnMcMillan, Director of Risk Management at Delek US Holdings, Inc.
There is no reason for companies to assume the risk of uninsuredcontractors -- implementing a comprehensive tracking system can limit theirliabilities while improving efficiency, saving time and effort.
GG-One Software, Inc.
GG-One Software, Inc. has been solving insurance tracking needs since 1994and is a leading provider of software to track documents and insurancecertificates. The software provides solutions for managing the risk ofuninsured contractors by tracking their certificates of insurance.Additionally, GG-One Software's Fastrack products help to achieve a "paperlessoffice" and meet Sarbanes Oxley requirements through their document tracking,which stores and identifies attachments for historical reference. Visithttp://www.ggonesoftware.com/ or call 1-866-832-0931 for more information.
This release was issued through eReleases(TM). For more information,visit http://www.ereleases.com.CONTACT: Phyllis Recca, +1-866-832-0931, [email protected] Website: http://www.ggonesoftware.com/
SOURCE GG-One Software, Inc.
