Implementing an advanced system can help your organization save money, stay compliant and retain great workers.
Is your business still stuck in the past when it comes to Environment, Health and Safety (EHS) measures? If you still haven't fully integrated an EHS solution yet, there are plenty of reasons you should feel compelled to do so. Implementing an advanced system can help your organization save money, stay compliant and retain great workers.
Maintain Compliance in the Workplace
Work in the EHS space requires you to keep up with plenty of strict regulations. An automated EHS management solution can help you meet any required compliance standards. This software can provide your business with proactive data intelligence that streamlines and records processes that are essential in maintaining the compliance frameworks of any industry. The right EHS system can effectively maintain corrective and preventive action (CAPA), providing built-in alerts that work to prevent noncompliance before it occurs.
Improve Your Health & Safety Proficiency
Information from the Census of Fatal Occupational Injuries reported that of every 100,000 full-time employees in 2017, there were 3.5 fatalities caused by workplace injuries. An effective EHS process can mitigate work-related injuries and deaths before they occur. Reporting close calls is essential to providing a transparent, proactive culture across the workplace, improving workplace safety accountability from the start.
Let's face it: workplace risks can be just as detrimental to your business' bottom line as they are to your staff's health. There are plenty of immediate costs associated with injuries in the workplace, such as medical expenses, workers' compensation and legal fees. OSHA estimated that employers pay a total of approximately $1 billion weekly for workers' compensation costs.
Some costs, though not as concrete, can cut into a company's profit margins, such as employee replacement costs, accident investigation, implementation of corrective courses of action, worth of lost productivity and repairs of damaged equipment and machinery.
In addition to keeping your employees out of harm's way, an EHS system can improve your company's overall Health & Safety performance in the long term, which can provide you with significant ROI over time. EHS software can help you spend less money on workers' compensation and medical expenses, so you can use this money on equipment, inventory costs and other costs that can help grow your business.
Retain Your Best Employees
Not only can health and safety risks in the workplace potentially prevent your employees from returning to work for an extended period of time, but they can also impact your uninjured employees' morale. Nobody wants to work in a space that they think is unsafe or non-compliant. When you implement an EHS system, you can show your employees that their safety is your priority. Even though this is typically an indirect result of implementing an advanced EHS platform, it can help significantly cut down on your turnover and recruiting expenses.
At ProcessMAP, we work with businesses of all sizes to innovate their workplace safety cultures and improve their compliance practices through our extensive suite of EHS tools. Connect with us today to learn more about how building an EHS solution can improve your business acumen.