How to Stay Current with Changing Regulations?

Compliance can be daunting for organizations, especially in a sea of regulations and laws governing their businesses. It needs to be communicated to every level in the organization because the consequences of non-compliance pose huge business risks.

Companies are fined millions of dollars in violation of the FCPA, Anti-Corruption, Anti-Money Laundering and the CFPB, to name a few. Apart from facing huge losses, these companies also face reputational risk as a result of these violations.

To counter the costs of non-compliance and to drive an informed workforce, organizations are implementing learning management software. Learning Management Software gives organizations the ability to add new compliance standards to their online training course within a matter of minutes. It also:

• Simplifies and strengthens certification and compliance programs.
• Improves skills, develops leaders, and reduces compliance risks.
• Ensures employee training and development
• Reduces learning and development costs.
• Ensures learner success and improves programs with assessments, surveys and evaluations.
• Provides comprehensive reporting capabilities at the learner, author, manager and course level.
• Keeps organizations current with changing compliance regulations

Effective Learning Management System improves employee’s productivity, develops leaders and closes performance gaps by engaging employees. It reduces risk and helps organizations comply with legally mandated compliance goals, such as OSHA, FDA, or HIPAA standards, or even things like an internal code-of-conduct.

Predict360’s Learning Management Software is the most unique regulatory compliance-centric learning management system in the industry. It streamlines corrective and preventive actions and maps employee training to each regulation and audit gap. Hundreds of organizations with millions of users are leveraging the benefits of this web-based software.

 About the company

360factors, Inc. helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, safety management systems and on-line training and qualifications, in a single cloud-based platform.

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