The ROI of Safety: Making the Business Case for Safety and Health
Liberty Mutual estimates that U.S. employers pay more than $1 billion per week for direct workers’ compensation costs—a total of $58 billion per year—for disabling, non-fatal workplace injuries.
Those direct costs don’t include indirect costs, like training replacement employees, accident investigation and implementation of corrective measures. It’s not surprising, then, that the return on an investment (ROI) in safety is significant. However, many professionals find it challenging to demonstrate a business case for health and safety. This ebook provides an overview of:
- The key steps for building a business case for safety.
- How to demonstrate increased operational efficiency and cost savings.
- Industry tools to calculate the value of safety.
Green Quadrant: EHS Software 2023
The Verdantix Green Quadrant: EHS Software 2023 is your first place to start! The report is an independent third-party analysis of 23 EHS software vendors that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key Environmental, Health and Safety Management Software market players. This guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities. The Verdantix Green Quadrant: EHS Software 2023 can help you assess which vendor best fits your current EHS Management needs and your future EHS program goals.
Leverage this report to:
- Sustain an Engaged Safety Culture.
- Deliver on the Promise of Data.
- Drive Sustainable.
- Anticipate Evolving EHS Needs.
- Build Proactive Safety Management.
Why Digital Construction Safety Management Solutions Are Key to Reducing Injuries
Injuries and incidents on the job cost the U.S. construction industry $167 billion in 2021, including productivity losses and administrative costs. At the same time, more than 42 percent of construction firms still use spreadsheets for managing their safety programs.
This infographic examines the four key reasons construction firms struggle to reduce injuries and incidents on the job, as well as the five key benefits to implementing safety management software that supports frontline workers with data for leading indicators. You will learn about the following:
- How poor safety culture leads to lack of worker engagement on the job site.
- How poor data management increases the safety risk to construction workers.
- How a digital safety solution can improve engagement, help attract new talent and contribute to lower injury rates.
A Checklist for Safety Professionals on Multi- Employer Construction Sites
As construction projects become larger in scale, they often involve the participation of multiple employers or organizations, further adding to the complexity of managing these projects and ensuring worker safety. As such, complying with the latest ANSI/ASSP A10.33-2020 standard, which focuses on reducing hazards at multi-employer construction job sites, becomes more than critical.
Initiate the process of reducing these hazards by downloading A Checklist for Safety Professionals on Multi-Employer Construction Sites, which includes insights from ANSI A10.33-2020 standard experts Richard Hislop and Shawn Bradfield. Get ready to learn:
- What measures to take to ensure compliance with ANSI/ASSP A10.33-2020.
- The importance of officially designating an occupational safety and health owner and carrying out daily planning practices.
- The key elements to use to develop and manage safety processes within a multi-organization safety program.
Harnessing Data and Empowering People to Improve Safety on Construction Job Sites
The construction industry has many unique safety challenges, such as a complex environment, threats that change as the project evolves and the integration of temporary workers into the safety culture. In addition to this, many construction workers have often resisted using digital tools for important tasks like safety observations, preferring instead traditional methods like paper forms.
Yet the world of data can transform construction safety to help prevent incidents before they happen. With a digital safety management system built on Intelex, construction organizations can work to ensure every frontline worker understands the risks of the work environment and can contribute to a healthy safety culture.
This Insight Report examines how digital safety solutions from Intelex can help construction organizations transform their approach to safety. You will learn about the following:
- How data that supports leading indicators can prevent incidents before they happen.
- How to use a digital safety management system to create a proactive safety culture and empower frontline workers.
- How Intelex safety management solutions can help you improve your construction safety culture.
Network Performance Enforcement Solutions
Despite the increased capacity available on WAN links, service providers and enterprises often find bandwidth in short supply. This occurs even though most links average only 30%-40% utilisation, and at best 50%-70% when specialised equipment is used. Today’s best practice is to reserve significant capacity, often half of the total link capacity, to ensure a constant data flow during traffic surges and bandwidth-hogging application sessions, such as peer-to-peer downloads.
FirstWave uses a technology that empowers WAN link utilisation at 95% or better without loss of connections, delay in traffic flow, queuing, or buffering. Under policy control, every user gets a fair and equitable share of the bandwidth, with high quality of experience (QoE). FirstWave’s Secure Traffic Manager (STM) runs virtual machines (VM), dedicated servers, or on our branded devices.
The First Procurement Professional Webinar
During this webinar, Antonio Cruz, the first procurement professional at Stratio, shared his remarkable story of building a procurement process from scratch.
The webinar tells the story of digital procurement innovation of Stratio, the World’s Leading Real-time Predictive Fleet Maintenance Platform.
Watch the recording to learn all it takes to take a procurement function from zero to hero!
Securing Leadership Buy-In for Safety Management Software
69% of Safety Professionals reported their 2023 focus was engaging leaders more in workplace health and safety.
Gaining leadership buy-in to invest in safety management software can feel like an uphill battle. Budget constraints, lack of understanding of the software’s true value, and competing priorities often hinder progress.
Our eBook offers a streamlined approach to building a persuasive argument for the adoption of safety management software, focusing on:
- Strategic Alignment: Demonstrating how the software supports the organization’s overall safety goals.
- Cost-Benefit Analysis: Simplifying the process of highlighting potential savings and efficiency gains.
- ROI Calculation: Providing a straightforward formula to showcase the financial benefits.
- Effective Communication: Tips for conveying the value proposition to stakeholders in a language they understand.
- Overcoming Objections: Strategies for addressing common concerns and resistance with evidence-based responses.
The First Procurement Professional
During this webinar, Antonio Cruz, the first procurement professional at Stratio, shared his remarkable story of building a procurement process from scratch.
Come in for an honest upfront conversation on:
- What does it take to develop a procurement function from zero?
- The biggest challenges and how to overcome them.
- Delivering results and explaining value to the team.
- To be or not to be: procurement automation from day 1.
Watch the recording to learn all it takes to take a procurement function from zero to hero!
Everything You Need to Know for An Effective P2P Process
There’s no efficient procurement without a thought-out procure-to-pay process. P2P is a complex process that requires careful planning and continuous management. Successful companies invest in long-term P2P strategies and scout for experienced professionals in the area.
A procure to pay process ensures that all purchases are justified and authorized, received goods and services are of the required quality and quantity, and payments are made on time. P2P has a direct impact on the company’s bottom line, and getting a grip of it helps to procure efficiently and predictably.
In this guide, we’ll tell you everything you need to know about the P2P process: what it actually is, challenges worth noticing, and tips to streamline the process.
Procurement Automation 101
Download our free Procurement Automation Guide to learn everything you need for successful software implementation:
- Comparative table to select the best solution tailored to your specific needs.
- Framework for mapping and analyzing the implementation process.
- Free business case template to prove the value of procurement software to stakeholders.
Guide to Buying Safety Management Software
Our guide is a valuable resource that provides you with insights and considerations for selecting the right safety software for your organization. Whether you are a safety professional, an operations manager, or a business owner, this guide will prove indispensable in your quest to enhance safety practices and maximize efficiency.
Inside the Guide, you will find step-by-step information including:
- Understanding your needs.
- Budget Considerations.
- Research Tactics.
- Provider Evaluation Tactics.
- Implementation Strategies.
- Reviewal Processes.
How to Future Proof Your Safety Program
Harnessing diverse data sources and advanced analysis, predictive safety offers comprehensive insights, foreseeing potential hazards and ensuring a safer workplace. Essentially, implementing such a safety strategy creates a future-proof safety program.
Inside this whitepaper, you will find detailed information including:
- Data Collection and Analysis Techniques.
- Implementation Considerations.
- Continuous Improvement and Future Outlook.
- How other companies have shifted.
- How we can help.
10 Reasons To Digitize Your EHS Management
Regardless of the industry you operate in, or the size of your organization, effective environmental health and safety (EHS) management is vital to your success – protecting both your people and your profits.
Inside this eBook, you will find detailed information including:
- Risks of ineffective EHS management.
- How digitized EHS management can help.
- How other companies have gone digital.
- How we can help.
Australia’s Top Sporting League Tackles Multiple Access Management Challenges Across Diverse Infrastructure with Securden
The National Rugby League, Australia's top sporting league, faced a daunting IT workload managing critical systems, cloud entitlements, and applications across its hybrid infrastructure. The team sought a comprehensive solution to address operational and security gaps, ultimately finding success with Securden. Now, they efficiently manage access requests from a central portal, implementing granular internal controls, regulating third-party access, and enforcing least privilege—all at a budget-friendly cost.