REDECA Framework

REDECA Framework

Risk Evolution, Detection, Evaluation, and Control of Accidents (REDECA) is a framework that we here at Balboa Tax & Solix developed to improve worker health and safety by introducing Artificial Intelligent (AI) technologies into the workplace. Our Irvine, CA team offers cutting edge accounting firm services designed to help industries nationwide. Specifically, efficiency gaps and areas for improvement can be easily identified. For example, AI tools can predict when a piece of machinery requires maintenance or is in need of repair. Such revelations go a long way in saving time and money since unexpected maintenance or repairs interrupt work flow and lead to expensive downtime. In addition to cost savings, AI tools help businesses and organizations maximize their return on investment (ROI) – these tools are able to discover and use patterns to make smart predictions that improve efficiency. Another efficiency boost is a reduction in human errors, which waste time, deplete resources, and increase labor costs.

Another way AI helps reduce labor costs is by detecting expensive production inefficiencies. For example, AI can replace human oversight to monitor workflow and ensure consistency in production. To that end, tedious, repetitive tasks can be automated, thus preventing workflow and consistency lags and improving quality. Another bonus of AI in the workplace is the ability to analyze data in real time so that problems can be quickly corrected. Businesses nationwide are realizing the benefits far outweigh the upfront costs to develop and implement AI technology in the workplace. AI brings solutions that bring savings, regardless of industry. For more information on REDECA, access our publication, “REDECA: A Novel Framework to Review Artificial Intelligence and Its Applications in Occupational Safety and Health.”

REDECA

To learn more about REDECA or any of our services we invite you to call us today at 949-999-5000 for more information or to schedule a free consultation.