ComplianceQuest

How does ComplianceQuest measure their technology's effectiveness in the field?

ComplianceQuest employs specific KPIs and approaches to measure the effectiveness of its solutions, ensuring that they not only enhance safety but also provide tangible benefits in terms of Business Impacts. ComplianceQuest's solutions are designed to contribute to each of the below areas. 1. Process Improvements: KPIs that reflect the benefits our platform delivers, notably in streamlining processes, boosting efficiency and contributing to safety performance. Some example KPIs are an increase in faster incident closer rate, increase in nearmiss reporting, and increase in overall data reporting and process efficiency 2. EHS Performance Improvements: KPIs that reflect the benefits our platform delivers in improving EHS performance. Some example KPIs are Reduction in Total Recordable Incident Rate (TRIR), Reduction in workers’ compensation claims, and Reduction in Notice of Violations (NoVs) 3. Business Impacts/ROI: KPIs that reflect the value our platform delivers in providing tangible benefits that impact the businesses. Some example KPIs are Reduction in direct workers’ compensation costs, Reduction in compliance costs, Decrease in the Cost of Labor When we work with customers, we establish specific EHS and process goals that support their company goals – which often involve the above improvement areas.