Updated: Apr 25
LMS Portals provides a powerful platform for consulting organizations to deliver compliance consulting services through customized eLearning environments. The system allows our consulting partners to create new revenue streams by offering their clients consulting services for both short and long-term compliance training engagements by launching private portals on-demand.
The Revenue Opportunity in Compliance Consulting Services
As the regulatory landscape continues to evolve, compliance departments and the use of third-party compliance consulting organizations has become increasingly important to understand the compliance landscape and ensure that all employees are properly prepared to meet these requirements. The objective of most compliance consulting business services engagements is twofold in that it requires the company to achieve compliance with the external rules imposed upon the organization. It also calls for the creation of internal control systems to help ensure compliance with these external rules.
In order to achieve these goals, compliance consultants work closely with their client organizations to identify and assess the risks that the organization is faced with and provide solutions for overcoming them. The consulting organization will design and implement controls to safeguard the organization from the identified risks. They can then monitor and report on the results of those controls and adjust where necessary.
The Importance of Employee Training for Compliance
A critical aspect in helping organizations to achieve regulatory compliance is in providing employee training to help ensure that workers are aware of and adhere to compliance rules. Compliance training differs from more general employee training initiatives as it encompasses business and employment laws along with industry-specific regulations and the compliance policies the organization has put in place. The training can include legal and ethical issues employees may face, as well as company values and operating principles.
To be effective, compliance training should be both required and ongoing. When properly designed and implemented, it provides a method for laying the foundation for a compliant workplace culture. It can also facilitate discussions around compliance issues and address potential issues before they arise.
eLearning for Employee Compliance Training
In recent years, as online technologies have continued to evolve, eLearning has emerged as a cornerstone technology for compliance consulting services organizations looking to include employee training efficiently and cost-effectively as part of their client engagements. Unlike classroom-based training, eLearning can be implemented and managed remotely, thus eliminating travel, venue, and training materials costs. And eLearning provides a high level of convenience as both students and instructors can conduct their activities any time or place. All that is required is an Internet connection.
LMS Portals for eLearning Compliance Training
LMS Portals provides our compliance consulting services partners with a powerful platform to launch and manage employee compliance training program through the deployment of private eLearning environments on-demand. You can utilize the platform for both short and long-term training engagements, and each portal offers:
Add logos, images, favicons, and other branding elements.
Streamline the process of bringing users onto the portal and into the specific courses or learning paths that are relevant to them.
Messaging and Collaboration
Enhance the learning experience by allowing students to communicate and enable messaging between students and instructors.
Capture and review detailed analytics regarding user engagement and success.
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