Regardless of your industry, size, or location, your business can benefit from EHS software.
It doesn’t matter whether you have 100 employees or 100,000 — EHS software is a tool that can help you save time, reduce risk, and prevent unwanted events.
But don’t take our word for it.
We’ve compiled the statistics to show why your business needs EHS software.
You can check out the highlights from our findings below. If you’d like to view the full infographic, you can download it here.
Is your company behind the curve?
To understand just how widespread the use of EHS software has become, consider this: About half of companies are planning to adopt EHS software across their operations. That’s according to a Verdantix survey of 403 EHS managers responsible across 25 industries and 35 economies.
In fact, EHS software is one of the most popular digital tools today. Comparatively, only thirty percent of companies say they plan to adopt mobile apps, while 29% plan to use digital sensors and 24% vehicle telematics.
That survey was conducted in 2019, before the coronavirus pandemic swept the globe and brought workplace safety to the forefront. With the heightened focus on safety, it’s likely that even more companies will choose to adopt EHS software in the coming year.
Why EHS software is so popular
For many companies, the adoption of EHS software is seen not only as a way to improve safety and environmental performance, but also as a strategic way to reduce costs and boost their bottom line.
In a survey of Perillon customers, we found that EHS software returns on average $3-$5 for every $1 spent. Most companies see a payback on their investment within 12 months. With returns like that, the decision to invest in this modern EHS technology should be a no-brainer.
One of the areas where companies see the greatest return from EHS software is employee productivity. Business and technology consulting firm West Monroe found that a typical manager is forced to waste on average 20 hours a week on administrative tasks such as data entry and correction. That’s 20 hours that could be spent on higher-value tasks such as improving sustainability and implementing company-wide initiatives like ISO 45001.
Spreadsheets are perhaps the biggest productivity killer for EHS teams. According to a frequently-cited paper from the University of Hawaii, a whopping 9 out of 10 of spreadsheets contain significant errors, which slows down your team and puts you at risk of non-compliance.
Implementing EHS software is an obvious way to relieve the administrative burden. In fact, EHS teams saw a 50% increase in productivity when they used Perillon’s EHS software — not including the time saved with dashboard reporting.
Those numbers are even more critical when you consider how many EHS departments are currently short-staffed due to downsizing or voluntary turnover. With more work to do and fewer people to do it, anything that improves efficiency and reduces risk is a relief.
Here are some of the other ways EHS software can benefit your business:
EHS software helps you improve incident management
Whether you’re in the office or working remotely, a great EHS software will help you take control of unplanned events. Inform need-to-know staff and management when and where an incident occurs and drive appropriate actions to reduce the risk of future occurrence.
EHS software helps you achieve environmental compliance
With the right EHS software, you’ll know where your company stands at all times. Ensure compliance with task and document management, proactive notifications, dashboard analytics, and streamlined reporting using data captured in real-time at the source.
EHS software enhances safety and industrial hygiene
EHS software is a must for any organization that wants to take safety to the next level. It simplifies employee engagement by giving you and your employees the tools to report near misses and good catches, complete safety inspections, investigate accidents, drive corrective actions, and assign and manage training.
EHS software reduces operational risk
The more you understand your risks, the better you'll be able to prepare for and prevent them before they cause harm to your business. The best EHS software helps you do just that with mobile assessments, templates, risk scoring, mitigation plans, and integrated corrective and preventive actions.
Get a leg up with the right EHS software
With so many benefits for organizations of all sizes, the use of EHS software is only expected to increase over time. Verdantix reports that the global market for environment, health and safety (EHS) software is expected to reach $1.35 billion in 2020. The EHS software market will grow by a 10.1% compound annual growth rate to reach $2.2 billion in 2025.
If adopted and used correctly, EHS software will deliver huge benefits for your business. But the results you get depend largely on the software system you select.
When it comes to choosing the right system, EHS software needs to be affordable, easy to use, and most of all, it needs to be up and running quickly.
It doesn’t matter how cheap or expensive the product is, or how good it looks during the demo; if it takes too long to implement, you’ll lose support for your EHS software initiative before it even gets off the ground.
A standardized EHS software system like Perillon can be implemented in as little as 2 weeks. This minimizes the impact on your IT resources and your EHS team, allowing you to reap the rewards without overburdening your employees.
If you are one of those 51% of companies who are planning to invest in EHS software in the next year, this article will help you select the right system. And if not, what are you waiting for?