The premier SaaS platform for compliance program management also sets new industry bar with Catalyst Reveal for access to analytics and benchmarking
LRN Corporation, the leader in ethics and compliance solutions for global business,announces the latest release of LRN Catalyst, its integrated SaaS platform for organizations to deliver customizable training courses, track disclosures, and analyze compliance program performance. LRN Catalyst is the compliance management platform that helps legal, HR, and compliance leaders create ethical cultures, comply with regulations, and inspire principled performance.
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Of significant value to compliance program managers is Catalyst Reveal. This new solution, available as an upgrade to LRN Catalyst, eliminates the need for tracking data on spreadsheets or downloading and manually manipulating data from basic learning management systems. The insights accessible in Catalyst Reveal go beyond simple course completion metrics inside an organization by providing access to aggregated data that is not available anywhere else. Catalyst Reveal makes use of artificial intelligence to analyze more than 16 million anonymized data points across 2 million learners in areas like course ratings, culture feedback, learning effectiveness, and learning relevance to help organizations benchmark key learner sentiment metrics against industry norms. Visual dashboards provide a powerful view into results in real time with filters for data analysis over regions, populations, languages, courses, curriculums, and time for greater insights about performance internally and benchmarked against industry peers.
“Our commitment to continuous innovation for our clients has netted our most brilliant release yet,” said Parijat Jauhari, LRN chief product and technology officer. “We have united features and functionalities for a more seamless experience that offers greater access, utility, and insight for delivering, measuring, and optimizing an effective ethics and compliance program.”
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This is vital in an era of increasing government scrutiny of E&C program effectiveness worldwide and in the United States with recent guidance from the Department of Justice. Real-time data that demonstrates program impact with employees and the ability to adapt programs to deal with new risks or red flags are invaluable in meeting regulators expectations. Further, fostering a strong ethical culture helps the company as a whole adapt to evolving operating environments. Recent research confirms adaptability is a trait of the most ethical companies; those that evolve and build strong ethical cultures outperform others by up to 40% across key business metrics including employee loyalty, customer satisfaction, innovation, and growth.
The latest release of LRN Catalyst supports the goals of corporate leadership including chief compliance officers, board directors, and audit managers in reducing risk, while at the same time prioritizing the learner experience and equipping people with the knowledge and tools to do the right thing.
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