Chicago-based Open Text Corp. announced Wednesday new software aimed at helping energy and chemical companies manage the safety and compliance issues around process changes.
For U.S. companies, the Occupational Safety and Health Administration (OSHA) Process Safety Management regulation states that any time a critical component in an oil or chemical plant is changed, a formal Management of Change program is required to make the change safely.
Open Text said its Livelink ECM software automates the procedures for MOC, so companies can minimize risks as well as cut down on the administrative costs. The software manages all aspects of the lifecycle for an MOC program and ensures that every event in the system is auditable and reportable.