CHICAGO, Oct. 27, 2022 (GLOBE NEWSWIRE) — VelocityEHS, the global leader in enterprise EHS & ESG software solutions, today announced the release of several key ActiveEHS®-driven features now available on its Accelerate Platform. Among the new capabilities are Physical Demands Analysis, Return to Work, Metrics for ESG Strategy Management, and Green Chemistry. These newly added capabilities are in addition to hundreds of improvements made to VelocityEHS platform solutions in the past quarter to help businesses improve EHS and ESG performance.
At the foundation of VelocityEHS’ Accelerate Platform is its proprietary ActiveEHS methodology that combines deep domain expertise with AI and machine learning to transform EHS and ESG outcomes that would otherwise be difficult or impossible to achieve at scale.
“As an EHS leader, you are no longer stop playing and reacting to events after they happen. Our ActiveEHS approach equips you with better insight to predict and intervene before events happen,” said Matt Airhart, President of VelocityEHS. “Imagine the power to protect your people, reduce risk, and improve your bottom line. Our new capabilities help you do that and more for less than the cost of a major injury. That’s a great ROI anytime, and it’s important when facing strong economic headwinds. “
Reduce Workers’ Compensation Costs by up to 50% with Physical Requirements Analysis and Return to Work
VelocityEHS is the first EHS software provider that enables non-experts to perform expert-level physical needs analysis through automation, and the first to integrate these capabilities into a Return-to- Work offer. These global enterprise-ready capabilities are additions to the VelocityEHS Health Solution and will drive operational efficiency, reduce injury costs, reduce the time it takes to return an injured employee to work, and improve overall the welfare of the employee. Companies using these capabilities report reductions in overall workers’ compensation costs of up to 50% and reductions in lost time claims of over 70%. The main features include:
- Automated Job Match Analysis: to quickly and objectively match employees to jobs based on the physical demands of the jobs to reduce the risk of injury/recurrence and the overall cost of injury.
- Predictive Assessment: uses risk analysis, assessment of functional abilities, and data on key functions and tasks in accordance with industry standards to quickly determine safety requirements and plan effective measures Return to Work program.
Prior to the release of these capabilities, safety professionals were saddled with manual and time-consuming spreadsheets and paper-based systems that resulted in long training times for users, high costs of injury compensation, unreliable return-to-work decision-making protocols, and loss of productivity. Now you can measure the use of these important processes for worker safety in your global business.
VelocityEHS Expands Chemical Management Leadership with New Green Chemistry Capabilities
Green Chemistry, part of the VelocityEHS Safety Solution, is integral to an effective ESG program as ingredient choices at the product manufacturing stage cascade throughout the supply chain and life of a product. Backed by VelocityEHS’s deep chemical hazard expertise, the world’s largest safety data sheet (SDS) library, and knowledge of the use of specific chemicals by more than 16,000 customers, the new capability of Green Chemistry provides easily accessible and proprietary Chemical Hazard Labeling, provides. lasting chemical insights at your fingertips.
Applying the principles of Green Chemistry at scale is often limited to the largest and most sophisticated organizations. This capability makes it simple for any size company to achieve the best results by taking the initial steps of a product management program and reducing the risk profiles of their products. Replacing high-risk chemical ingredients enables your company to reduce the potential harm your products can cause to your customers and the environment in general; all while reducing the overall risk to your business and employees.
Better ESG Goal Tracking with New Performance Metrics for ESG Strategy Management Capabilities
The VelocityEHS ESG Solution adds Performance Metrics for ESG Strategy Management that allows companies and their supply chains to better track and manage their progress toward their ESG goals, and to change their ESG strategy based on real-time data collected. Integrated with the Accelerate Platform, these data insights can be cross-used for other ESG capabilities, namely Green House Gas (GHG) & Energy Management. VelocityEHS’ industry-leading calculation engine enables you to track, manage, calculate, and report scope 1, 2 and 3 emissions at every location in your organization in one easy-to-use system. The elegance of data collection and data movement is a key advantage that the Accelerate Platform provides for VelocityEHS customers – and for ESG, it is unmatched in the market.
Fundamentals of Operational Risk Solution Development: Automation & Multi-National Tools
The VelocityEHS Operational Risk Solution boasts several key updates designed to help organizations of all sizes, especially Global Enterprises, free up time to focus on taking actions against critical priorities. They have developed a Risk Solution where customers have already achieved a reduction in lost time up to 80% and reduced the year-on-year overall frequency rate of personal injury by more than 50%.
To eliminate manual tasks and inefficient processes, the upgrades include risk assessment workflow and procedural improvements, such as:
- An automated risk studies review cycle to simplify the review, approval and launch of action items related to risk assessments
- A risk impact matrix to better differentiate between severity and impact categories
- Multi-language Operational Risk Solution Support
- Regional localization improvements to standardize processes across regions, including searches, permissions, groups, and geographic roles.
“It’s our passion to help EHS and ESG leaders (and their teams) be their best and make their lives easier,” said VelocityEHS Senior Vice President of Product, Roger Bottum. “Every quarter, the Accelerate Platform doesn’t just get a little better, it gets better – because every quarter we find new ways to marry technology with human skills to drive operational excellence. The EHS and ESG leaders we serve must always keep improving, so our promise is to always keep innovating and improving our solutions.
For more information about VelocityEHS and its complete offering of award-winning software solutions, visit www.EHS.com.
About VelocityEHS
Trusted by more than 10 million users worldwide to drive operational excellence and achieve outstanding results, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform is the definitive gold-standard, delivering best-in-class solutions for managing:
- ESG
- salvation
- Industrial Ergonomics
- Work Control
- HEALTH
- Operational Risk
- Environmental Compliance
The VelocityEHS team includes unmatched industry expertise, with more certified experts in health, safety, industrial hygiene, ergonomics, sustainability, environment, AI, and machine learning than any other EHS software provider. Recognized by leading independent EHS industry analysts as a Leader in the Verdantix 2021 Green Quadrant Analysis—VelocityEHS is committed to industry thought leadership and accelerating the pace of innovation through software solutions and vision this. Its privacy and security protocols, which include SOC2 Type II certification, are among the strictest in the industry.
VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Western Australia; and Cork, Ireland. For more information, visit www.EHS.com.
Media Contact
Brad Harbaugh
312.881.2855
bharbaugh@ehs.com
