Delivering on Risk Management and Continuous Compliance in a HR Environment
HR compliance is essential for every organization, but achieving and maintaining compliance is often an elusive goal. There are numerous laws and regulations governing the employment relationship that HR professionals must understand and navigate in order to help ensure their organizations avoid costly fines and other penalties, including the potential harm to the organization’s reputation.
Today, we are seeing more businesses are moving towards a more dynamic approach to identifying, assessing and managing risk, in order to help their businesses become more risk resilient. The use of technology is often at the core of this approach. SAP SuccessFactors Learning Management System (LMS) is one such technology that can help you improve regulatory compliance and lower your legal risk.
Learning Management Systems may be deployed for a variety of reasons including career development, sales training, operational training, safety training, partner/supplier training, and compliance risk.
Compliance requirements for organizations often differ based on the industry sector, regulatory environment and location, hence the importance of being able to keep track of the progress of individual employees, departments and your organization as a whole.
SAP SuccessFactors helps to improve regulatory compliance and reduce legal risk through the following features and functionalities :
- Intuitive delivery of courses and assessments: It provides a reliable and intuitive platform that gives each learner access to their own course content.
- SCORM compliant system: You can create your own SCORM content using special tools such as Articulate, SAP WPB, Adobe Captivate, etc. and you can import it in the LMS Application. The format of the results produced from SCORM courses is usually recognized and understood by compliance governing bodies.
- Set the Course Due Dates: It helps the employees to complete the compliance courses within specific time frames. You can set the course due dates and communicate these to your employees by setting up the frequency of reminders, depending on how close the ‘deadline’ is.
- Set the Course Re-training: It helps to define different re-training intervals for the individual courses. It indicates when the training needs to be completed again and automatically assigns the courses to the employees as per the set re-training period.
- Assigning courses automatically to a defined population: Assignment profiles reduces effort and time spent by the learning administrator, helping them optimize the compliance training with automated learning assignments based on nearly any criteria.
- Notifications and Reminders: LMS automatically notifies everyone who needs to be contacted at the designated time. It is one of the most crucial features in progressing learners through their training.
- Reporting: It has the ability to monitor training progress, course completions and certification for all training programs. You can also schedule the reports and automate the reporting process ensuring the reporting is done at regular set intervals and most importantly it reaches the right population on time.
In this blog post, we looked at how SuccessFactors Learning Management System can enable compliance and mitigate against risk As outlined, it is a powerful tool that has all the features and functionality to help you deliver on your compliance training needs, whilst also making training easier for your employees.
Gavdi provides solutions that help companies to streamline and automate risk management across their HR processes. If you would like to find out more, reach out to us at www.gavdi.com to speak with one of our specialists.
Deepak Pardeshi is a senior SAP HR SuccessFactors consultant and has been working in the HR world for over 10 years across multiple industries and sectors. He is a Content Development Specialist & an expert in SuccessFactors, specializing in Learning Management System and Succession Management.
