Case Study: a largest midstream energy company reduces contractor risk with Veriforce

How Veriforce Empowers One of the Largest Midstream Energy Companies

The largest midstream energy company faced a significant challenge in managing the safety and compliance of its 3,000 contractors. Lacking a holistic view, the company was using a cumbersome multi-platform system that drained team resources and created dangerous visibility gaps. This inefficient process, which involved a previous provider, ISN, left the company struggling to effectively manage risk and protect its workers and corporate reputation.

Veriforce implemented its comprehensive contractor management platform to provide a single source for all safety and compliance data. This solution gave the company a 360-degree view, standardized processes, and unparalleled support. The results were transformative: Veriforce helped the company achieve a 28% reduction in its contractor Total Recordable Incident Rate (TRIR), save its supplier network $6.8 million annually in fees, and free up 40 hours of internal time each week for more strategic risk management tasks.