IsoMetrix has been steadily navigating the ever-growing traffic in the EHS, Risk and Compliance software landscape over the past several years, and helping customers reach their EHS and Sustainability goals faster and more effectively, through fit-for-purpose solutions.
On the back of a very successful implementation of IsoMetrix at Transnet Engineering which earned Transnet and IsoMetrix accolades from independent analyst firm, Verdantix (2017 EHS Innovation Award) and GRC 20/20 (2019 EHS Value Award), the road to success through IsoMetrix is clear and the ROI is measurable and marked. Transnet’s return on investment in IsoMetrix was achieved in less than four months, reducing its external audit fees by 77% and audit findings by 90%. In addition, the analytics provided by IsoMetrix enabled the company to bring its Disabling Injury Frequency Rate (DIFR) down from 1.02 per 200 000 hours to 0.42.
Further cementing that business case is IsoMetrix’s vast customer base in the mining and metals industry. For those companies, transportation risk and control management are a critical focus area, and often sits as a Fatal Major Hazard in the company’s risk register. Mining customers operate fly-in, fly-out operations or bus-in, bus-out operations. They also operate a slew of heavy mobile machinery and have rail operations to transport goods from the mine operations to ports and terminals. This experience thus translates into the IsoMetrix solution being absolutely geared, through its standard solutions and legacy customer base, to meet the needs of Transportation and Logistics organizations.
This proven road to success has most recently been validated by IsoMetrix being selected by a Canadian Public Transportation Agency, who spent several years in a formal RFI and RFP process evaluating software. The aim of this organization is to leverage a single, integrated EHS and Risk Management solution across its subsidiaries in order to:
- Reduce the number and severity of incidents and lost time
- Increase visibility and accountability around EHS performance
- Effectively manage and mitigate risk
- Reduce the number of claims and associated insurance premiums
A key factor in the selection was the differentiator IsoMetrix provides through its Golden Threads™. These are links that make IsoMetrix a truly integrated solution for risk management, providing a holistic view of the intersecting relationships across processes, risks, controls, incidents and findings.
John Castner, Managing Director: IsoMetrix Americas explains, "Risk cannot be treated in siloes. It is inter-connected across the various disciplines within EHS and beyond." As an example, transportation organizations are in the backyards of its customers. Leveraging the same risk and control taxonomy you would in EHS, these organizations can use the Social Sustainability solution in IsoMetrix to manage social and community risks, gather community or stakeholder feedback, manage grievances and complaints, and connect them all via dashboards that provide analysis and insight across these Golden Threads. Furthermore, in the time of COVID-19, public health and safety, and employee health and hygiene risk management, is an ever more important aspect, bringing more focus on the H in EHS. To quote the new customer: "IsoMetrix has a richer set of features and functions that resonated more with our stakeholders than other solutions we considered or already had in-house."
Kevin Ferris, Senior Sales Executive: IsoMetrix, in charge of Transportation states, "Any organization in the transportation industry now has the opportunity to leverage the power of data and embrace digital transformation. In fact, they must, given the Federal Transit Administrations final ruling on the Public Transportation Agency Safety Plan (PTASP) Final Rule, which requires certain operators of public transportation systems that receive federal funds to develop safety plans that include the processes and procedures to implement Safety Management Systems (SMS). IsoMetrix has a proven recipe for success for these organizations."
At IsoMetrix, that is what we call Good Business.
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