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Tools to Automate Compliance Training to Third Parties
Many compliance teams today know that training third parties is as critical as training employees, as third parties are now being implicated in many anti-corruption investigations. And yet, they struggle to implement anti-corruption and related policy training throughout the distribution network. The largest hurdle is capturing – and maintaining – the records of the individual resellers, agents and consultants who are acting on the company’s behalf.
That’s why UL has created EduNetwork: a series of tools that enable compliance teams to easily capture third party learner information for the purposes of delivering company-specific compliance training.
Key EduNetwork Features and Benefits:
Enterprise-Wide Learning Features: EduNetwork is available within ComplianceWire, UL EduNeering’s award-winning LMS for regulated industry. For our new clients, this means that you gain access to dozens of proven features, such as support of multiple training types (documents, computer-based courses, classroom events, etc), 30+ language interface options, and dozens of standard reports. For existing clients, EduNetwork can be added to your existing ComplianceWire system, which greatly reduces the learning curve for your key administrators, while providing a centralized repository that houses both employee and non-employee records.
Built-In Security: EduNetwork enables you to segment third party training groups for security reasons. For example, you can prevent one third party administrator from being able to view or edit the individuals within another third party.
Automated Third Party Training and Communication: EduNetwork empowers the third party’s business sponsor to establish the account and then identify the number of learners required. The authentication codes are automatically e-mailed to each individual so he or she can self-register and then login to take training; these tools remove the burden from the compliance team.
Ability for Learners to Maintain their Profiles: During the registration process, the individual learner must include attributes that you define. The learner can also establish their user ID (typically their e-mail) and a password. They will use this information to login to the training system to take the assigned training. As the learner’s information changes, they have the ability to maintain it in the system, reducing the administrative burden for compliance teams.
Option to Store Content Securely: Our optional “content hosting service” enables clients to upload SCORM courses, internal control documents, and even CV’s on our secure servers, so that non-employees can access files without interfering with your company’s firewall policies.
Keep Accurate Records that Demonstrate Compliance: When a learner completes an assignment, an electronic signature is required, which generates an audit trail for unimpeachable record-keeping. Administrators can then retrieve this information through standard and customized reports to present to regional compliance administrators, senior management and auditors.
Download our EduNetwork brochure: Tools for Automating Third Party Compliance Training
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