Need help getting buy-in for new EHS software? Building a business case for EHS software can be daunting.
This checklist will help you plan and write a winning business case — even if you've never written one before and even if it's way outside your comfort zone. Here's what's inside:
Enter your email address and we'll send you the free business justification checklist. Then keep reading for a more detailed look at building a business justification for EHS software.
This guide will help you build a business justification for EHS software from start to finish.
First, you'll determine whether you're ready to invest in EHS software. If you want help, you can sign up for a free ROI assessment to discover your biggest cost and time savings opportunities.
Then, you'll learn the steps to creating a business justification, and you'll be able to download a free checklist that will walk you through preparing your document or presentation.
Finally, you'll see an example of a business justification that you can use as a model for your own.
Let's jump right in.
If your company has more than 10 employees managing EHS information, it's time to consider a more modern and efficient system. That said, corporations of any size can realize value that justifies the investment. A modern system can significantly boost productivity, enterprise connectivity, and management visibility to mitigate costly risks. The latest systems are more standard, easier to implement and use, and — contrary to what you may think — more affordable.
A modern EHS Management system will redefine efficiency standards for your enterprise. The centralization of knowledge, more accurate data, and enhanced management visibility will significantly reduce risk and incident occurrences, while also reducing costs. The ROI is typically greater than 5X the cost of the software, and most customers see a payback within 1 year.
>>> Click here to schedule a free custom ROI assessment and discover your biggest time and cost savings opportunities.
With so many EHS management software options available, it can be difficult to decide which solution is best for your enterprise. Some systems may simplify your EHS activities, while others can make things more complicated. To meet compliance responsibilities more efficiently and spare yourself from wasting time, look for the following key components in a modern EHS Management System:
So you've determined that you're ready to invest in EHS software. Now what?
Let's give you the best chance of getting your CEO and CFO's approval.
That's where the business case or business justification comes in. It's the #1 way to convince your boss that new EHS software is worth investing in.
When you make a compelling business case for EHS software, you'll be in a much better position to get your company's decision-makers to say "Yes!" to your initiative.
Plus (and this is a big plus) you'll look like a hero in your boss' eyes. How so? Because you're pitching a solution that will boost productivity, improve corporate image, and grow the company — which makes your boss look brilliant.
Here we go (click here to download the printable version):
First, how to avoid the #1 mistake most business cases make...
Cognitive research shows that decisions are emotional — not purely logical.
In other words, you can’t assume that the other side will see it your way just because you’ve laid out all the facts.
Instead, spend some time thinking about what makes your decision-makers tick. What are the problems they’re facing? What keeps them up at night?
From there, you can build a business case that presents you and your proposal as the solution.
You wouldn’t expect a doctor to prescribe a medication before he diagnoses your problem.
In the same way, you need to “diagnose” your boss’ pain and the impact it has on the organization before you present your solution.
Now that everyone’s on the same page, it’s time to describe the solution you’re proposing.
Once you’ve presented your proposed software, it’s important to prove that you’ve done your homework. In this section, you’ll show your boss that you’ve considered other possible solutions and the one you’re proposing is the best choice.
Even though you’ve made a brilliant argument for why you need new software and pitched a great solution, it’s always easier for your boss to not make a decision than to make a decision.
It’s your job to show him why sticking his head in the sand is a costly mistake.
Finally, you need to help your CEO and CFO feel confident that an investment in EHS software is money well spent.
By showing the actual cost and time savings (as well as non-financial benefits), you can demonstrate how EHS software adds to the company’s bottom line.
>>> Additional resource: For an overview of the steps involved and planning considerations for ISO 14001, download the ISO 14001 Checklist for Success.
Especially if you're new to creating a business justification, it can be helpful to look at examples from other companies.
As we mentioned above, you might also choose to include data and success stories from companies like yours who've implemented EHS software successfully.
Below, you'll find a sample business case along with links to case studies from Perillon customers.
In the following business case, you'll see an example of the estimated savings potential for a centralized EHS software system. Click here to schedule a free custom ROI assessment and discover your biggest time and cost savings opportunities.
Want to take this with you? Click here to download the example business case for reference.
Take this resource with you
Download the free business justification checklist to help you plan and write a winning business case — even if you've never written one before and even if it's way outside your comfort zone. Here's what's inside:
Enter your email address and we'll send you the free business justification checklist.