Verdantix Outlines Contractor Safety Management Market In New Buyer's Guide

Verdantix Outlines Contractor Safety Management Market In New Buyer's Guide

The pandemic forced corporate firms to review and monitor newfound safety metrics across their operations. For firms that rely on high levels of outsourced work, such as construction, mining, oil and gas, and utilities, the last two years have highlighted the need to centralize contractor safety data on integrated software platforms. Verdantix has released the 2021 Buyer’s Guide on contractor safety management software, in order to help potential software buyers in differentiating potential vendors. As part of the research for this guide, Verdantix explored the functionalities, prime differentiators and business development plans from 11 prominent contractor safety management vendors in the market.

The contractor management software market is occupied by vendors from numerous backgrounds, including supply chain tools, procurement management systems, operational risk management solutions and EHS platforms. To ensure that safety was the primary focus of the report Verdantix set inclusion criteria to include firms that could offer clients with comprehensive contractor prequalification workflows as well as additional onboarding and training, control of work, visitor management, and safety performance monitoring functionalities. 

COVID has accelerated product developments amongst contractor safety vendors as detailed in our report, Managing Contractor Safety During The COVID-19 Pandemic. Clients have required a new wealth of digitally enabled training resources to onboard workers in line with greater hygiene requirements. Firms have also required contractor safety vendors to provide greater individual worker safety monitoring to ensure correct COVID mitigation measures are taken at worker level. Contractor safety vendors were well positioned to address this, Take, OneLook Systems, now part of VelocityEHS, which offered training in COVID-19 procedures alongside workflows to enforce transmission controls and pandemic specific work permits to maintain best practice. Although many of these developments have been made necessity by the pandemic, the safety benefits that this granular contractor management bring will transcend the confines of the pandemic. 

Another trend in the contractor management market sphere over the last 3 years has seen vendors diversifying their solutions extensively to create more holistic and integrated platforms with closer synergies with adjacent solutions such as ORM, EHS and ESG. Contractor safety management are exhibiting more control of work solutions to manage contractor safety during high-risk activities. Contractor safety is also building greater integrations with EHS software workflows, such as incident management, audits ad inspections. Advanced analytical techniques can be applied to this new wealth of contractor data to drive further safety performance insight. Vendors are also building out greater abilities to collect and monitor the ESG credentials of contractors, take ISN which now offer services to give deeper insight into supplier metrics such as labour conditions and company safety policies.

To learn more about the capabilities and developments trends of vendors in the contractor safety market, see Verdantix’s new Buyers Guide For Contractor Safety Management Software.