How Big Does Your Business Need To Be To Invest In Safety And Compliance Software?

How Big Does Your Business Need To Be To Invest In Safety And Compliance Software?

Are you thinking about investing in safety and compliance software, but you’re worried that you’re too small to invest heavily in your operations? If that’s your thought process, think again.

There’s no perfect company size when it comes to when you should invest in safety and compliance software, since investing early will make it easier for you to scale up in a compliant manner when the time is right. That being said, you also need to ensure that you’re in the right position to utilise the software to its full capacity, which is what we’re running through in this article.

We’re taking a look at the best size a business should be to utilise safety and compliance software, to help you figure out if it’s time to take the leap and invest in compliance software.

Should your company be thinking about safety and compliance?

Short answer, yes. Every company is required to engage lawfully when it comes to health and safety, so whether you’re a massive multi-million dollar company, or a small enterprise, you need to think about the health and safety or your people and your products.

That said, if you’re a smaller company with fewer employees and smaller business operations, often managing health and safety can be easier. This is where the debate around how big your business needs to be to invest in compliance software comes in.

What is compliance software?

Compliance software can cover everything from risk management to incident management and many other software services in between. Compliance software is there to help you abide by the law and keep your people and your company safe as you operate day to day.

Compliance software helps you stay on top of your duties as a business, as well as keep a record of events. Compliance software helps you create ‘repeatable and reliable’ documents that can be used throughout the business and streamlined onto one singular easy-to-use platform. 

Instead of using paper-based systems that can cause all kinds of problems, safety and compliance software manages the complex administration of compliance in order to embed your health and safety framework and rules with legislative requirements to ensure that your business is protected.

How big does your business need to be to use compliance software?

We work with huge businesses from Coca-Cola Amatil to DHL, all the way down to smaller businesses who run construction sites and need assistance with remaining safe and compliant. 

You don’t have to be a big business to start reaping the rewards of safety and compliance software. In fact, starting the process when you have less going on and less paperwork to manage can sometimes be better.

Getting into good habits and forming a data record that stretches back and is all located in one place, means that as your business grows you needn’t worry about the boring (but crucial!) aspects of business like safety and compliance.

Plus, investing in quality software isn’t just about abiding by the law. There is a good chance that your business could benefit financially from reduced risk and increased revenue that using compliance software often brings. In streamlining your processes you open up employee time and incentivise good practice – all habits that will be very helpful as you grow.

Want to learn more about compliance and safety software?

Is your business ready to try safety and compliance software? The Beakon solution is an interconnected software system that has over 50 compliance, risk and safety modules.

Get in touch today to learn more about how we operate, and how we could help your business with safety and compliance!