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Top 20 elearning services solutions and learning management system

LEARN TECH TO THE RESCUE FOR BFSI

Overcoming Pertinent Business Challenges of BFSI with Industry-Specific Learning Management System

LEARN TECH TO THE RESCUE FOR BFSI

Overcoming Pertinent Business Challenges of BFSI with Industry-Specific Learning Management System

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Overview

Compliance Management

 

Industry Challenge

  • Delay in onboarding to meet required compliance
  • Huge fines in case of non-compliance

Industry Solutions

  • In built workflow for tracking and notifying employees for timely completion of compliance trainings/certifications /recertifications.
  • Drilled down dashboards for complete analysis and smooth audit process.
  • Job role based linking to various compliance trainings and associated certifications.
  • Self-acknowledgment through e-signatures.

 

Scattered and Huge Workforce

 

Industry Challenge

  • Huge spend on training logistics and manual efforts

Industry Solutions

  • Easy to integrate with different internal systems like HRIS, CRM etc.
  • Faster onboarding with pre configured workflows.
  • Proper tracking of trainings taken and skill gap analysis on the system
  • Mobile app for iOS and Android users for on the go learning and offline learning

 

Engagement and Knowledge Retention

 

Industry Challenge

  • High attrition after onboarding Dip in performance

Industry Solutions

  • KPI driven learning which allows targeted learning delivery as per gaps identified.
  • Gamification of learning helps in increased adoption rates as it motivates via rewards, badges and leaderboard.
  • Daily huddles through integrated virtual meeting tools like MS Teams, Zoom etc. with QR code based attendance system
  • Social learning platform which allows peer learning and peer connect.
  • Spaced Learning Module – Regular touch base for increased knowledge retention.

 

Data Security

 

Industry Challenge

  • Sensitive customer data needs protection. The system has to be fool-proof for cloud hosting.

Industry Solutions

  • Personal Information Encryption available
  • GDPR, ISO27001, SOC3, WCAG 508 compliant LMS is the answer.
  • Multi-factor, OTP-based authentication is available for login.

 

Evaluation and Feedback

 

Industry Challenge

  • No automated process available to manage evaluation and feedback for such a huge workforce.

Industry Solutions

  • Workflows for On the Job evaluation through configurable Checklists.
  • Hierarchical mapping for every individual for feedback.

 

Overview

Compliance Management

 

Industry Challenge

  • Delay in onboarding to meet required compliance
  • Huge fines in case of non-compliance

Industry Solutions

  • In built workflow for tracking and notifying employees for timely completion of compliance trainings/certifications /recertifications.
  • Drilled down dashboards for complete analysis and smooth audit process.
  • Job role based linking to various compliance trainings and associated certifications.
  • Self-acknowledgment through e-signatures.

 

Scattered and Huge Workforce

 

Industry Challenge

  • Huge spend on training logistics and manual efforts

Industry Solutions

  • Easy to integrate with different internal systems like HRIS, CRM etc.
  • Faster onboarding with pre configured workflows.
  • Proper tracking of trainings taken and skill gap analysis on the system
  • Mobile app for iOS and Android users for on the go learning and offline learning

 

Engagement and Knowledge Retention

 

Industry Challenge

  • High attrition after onboarding Dip in performance

Industry Solutions

  • KPI driven learning which allows targeted learning delivery as per gaps identified.
  • Gamification of learning helps in increased adoption rates as it motivates via rewards, badges and leaderboard.
  • Daily huddles through integrated virtual meeting tools like MS Teams, Zoom etc. with QR code based attendance system
  • Social learning platform which allows peer learning and peer connect.
  • Spaced Learning Module – Regular touch base for increased knowledge retention.

 

Data Security

 

Industry Challenge

  • Sensitive customer data needs protection. The system has to be fool-proof for cloud hosting.

Industry Solutions

  • Personal Information Encryption available
  • GDPR, ISO27001, SOC3, WCAG 508 compliant LMS is the answer.
  • Multi-factor, OTP-based authentication is available for login.

 

Evaluation and Feedback

 

Industry Challenge

  • No automated process available to manage evaluation and feedback for such a huge workforce.

Industry Solutions

  • Workflows for On the Job evaluation through configurable Checklists.
  • Hierarchical mapping for every individual for feedback.

 

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Thank You !

Thank you for writing to us. We got your request and within 2 business days, we will get in touch. Meanwhile, take a look at our blog. We’ve selected, especially for you, a few of our top articles.