How to Calculate and Maximise the ROI of Your HSE Platform
How leadership should approach the ROI of HSE systems and how you can gain buy-in
If your organisation isn’t already considering the deployment of an HSE software platform, you risk falling behind. Cloud-hosted systems are now the industry standard across all sectors, offering the ability to store, analyse, and manage vast amounts of data. In a recent Verdantix survey, 53% of respondents indicated they planned to increase their HSE budgets next year.
Your biggest risk is waiting. Deploying an HSE software platform can lead to significant savings in both direct and indirect costs, as well as a notable reduction in operational risks.
HSE software minimises risks for your organisation by identifying issues before they cause harm, preventing injuries, illnesses, and associated costs. Beyond risks to human capital, Deloitte found that 41% of companies that experienced a negative reputation event reported a loss in brand value and revenue.
While businesses understand this, it can be challenging for HSE leaders to secure executive buy-in. Download this whitepaper to gain the insights needed to help your organisation make an informed decision:
- Key reasons to invest in an HSE platform, including the benefits of moving away from clipboard-based processes
- Risk factors such as regulatory fines and increased insurance premiums
- A cost/benefit analysis including ROI calculations
- Real-world examples of companies that have saved money and streamlined operations
- How HSE can contribute to ESG initiatives
- Key factors to consider when choosing and implementing a system
Additionally, check out our Buyer’s Guide to HSE Software to help you research what you need to know to choose the right HSE platform for your organisation.
Looking for a simple way to demonstrate value? Share our ROI of HSE Infographic!