Companies that use recognised certification standards such as the ISO 5000, typically see a 20 per cent jump in revenues a new report has found.
The Behaviour and Attitudes study, which was carried out on behalf of the National Standards Authority of Ireland (NSAI), shows close to half of the 250 firms it surveyed have reported a rise in turnover as a result of achieving certification.
According to the research, the number of Irish organisations undergoing certification has jumped from 69 per cent in 2012 to 88 per cent this year.
More than 3,000 organisations are currently NSAI certified in a wide range of areas including occupational health and safety, and quality management. The NSAI said there were over 10,000 certificates issued to companies based in Ireland.
Of those certified, 87 per cent said having independently certified standards offered businesses a competitive edge while 93 per cent of those surveyed said their own company had benefited from the use of standards.