I agree with last 3 replies. Unless the management has clear objectives and assigns an ownership for the project, the system will not help. The tools such as electronic checklist, Impact detection and utilization can minimize process owner's time to gather and analyze data. The most important part is to take appropriate action based on available data.

User friendly system and intelligent software can address most issues such as lying to checlist questions or giving out his/her password to a buddy. The person who gives out password should know that any alarm occurs will be linked to that password. But again, its all about how concerned and committed the management is to these issues. If they are not serious, there is no reason to spend money and other resources since the system/software will not save money or headaches on its own.