Updated: Apr 25, 2021
In today’s rapidly changing and increasingly complex regulatory business landscape, the need for a comprehensive business strategy that meets all of the applicable rules and regulations is more critically important than ever. The challenges for many companies is in achieving a balanced approach that allows your employees to function efficiently, while maintaining awareness of and adhering to relevant rules and regulations.
When it comes to compliance, your company can’t afford not to train your employees. In fact, employee training on compliance issues is a legal requirement in some cases, and strongly encouraged in most every other. To accomplish the appropriate level of training, asking your employees to simply review and agree with your company’s approach is not enough. To be effective, compliance training must be comprehensive, relevant (given the industry in which your company operates), and trackable.
eLearning for Compliance Training
In years past, the primary approach for conducting employee compliance training was through the use of classroom-based instruction. More recently however, the combination of enhanced cloud-based technologies and increasingly remote workforces (a trend that was in place even before COVID-19) has made online learning, or “eLearning” the preferred approach for many organizations.
While eLearning has proven to be more cost-effective and convenient that classroom-based training, one of its primary strengths is in its ability to deliver new content and courses quickly and with consistency, which can be especially important for compliance-based training programs.
Also, eLearning allows for contextual-based instruction, meaning your employees can access the training information they need, whenever they need it.
A Learning Management System for Compliance Training
The core technology that supports all types of eLearning programs, including compliance training, is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, and track your training programs.
While some companies choose to deploy their LMS on-premises (self-hosted), more and more organizations are now opting for a cloud-based LMS, offered by a third-party vendor. This approach eliminates the need for a large, up-front capital investment and shifts the responsibility for the ongoing management and maintenance of the system to the cloud vendor, thus freeing up your team to build and deliver great training programs.
A more recent development in LMS technology is the availability of multi-tenant architecture. While a single tenant LMS uses the entire infrastructure (software and hardware) for supporting a single audience, a multi-tenant LMS allows you to “spin up” new instances of the application to provide each of your audiences with their own customized learning environment.
LMS Portals for Compliance Training Partners
LMS Portals offers a cloud-based, multi-tenant learning management system that allows our compliance training partners to build and deploy multiple, private eLearning environments (portals) to support each of their compliance-based training engagements. Each portal you launch can have its own unique branding and includes powerful tools for user onboarding, messaging and collaboration, analytics, and more.