Woodside Case Study
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The Problem
As Australia’s largest oil and gas company, Woodside needed a system to help them manage their work related and no-work related injuries, and workers compensation claims nationally, including their self-insurance licence in WA. Their cumbersome process involved using multiple systems to manage compensable and non-compensable cases, resulting in restricted reporting capabilities and limited visibility across their portfolio
The Solution
Since implementing Solv’s Injury & Claims Management platform, Woodside is able to capture, track, manage and report on injuries, claims and non-work-related cases across various locations and areas of responsibility within a single online platform. This allows Woodside to remain compliant with fully supported data migration, a user-friendly interface, unlimited support and simple data submissions using Solv.
The Results
The Solv platform has provided Woodside with greater visibility of their injury management performance across their global business. The system has streamlined efficiencies across various functions, increased productivity and contributed to more timely resolution of injuries and claims with favourable outcomes.
The Return on Investment
“Solv has contributed significantly to our team operating more efficiently and effectively. Our claims team save approximately 40 hours per month, per user by reducing administrative tasks, which equates to a significant cost saving each year. Additionally, our monthly reporting has been reduced significantly since transitioning to Solv which supports our business to work more strategically and proactively.”