Issue link: https://resource.opensesame.com/i/1462663
2 In addition, Bunzl North America's IT department had invested in its own LMS and content providers at a cost of over $40,000 annually. "In all, we found four separate LMS applications and multiple content vendor contracts," the Training Coordinator said. "In total, it was costing the company more than $120,000 a year." Learning requirements vary across an enterprise of this size, so it's not uncommon to see decentralization. EHS, HR, and IT departments have some of the highest levels of rogue spending surrounding training and development, in part because their training needs involve highly-specialized training along with critical compliance, and certification courses. Curricula for these courses can be difficult to obtain, and traditionally these departments have managed their own training budgets. Centralizing content curation saves money by eliminating duplication and overlap, along with additional value propositions. For example, by including more users in the OpenSesame subscription, the training cost-per-user goes down, adding to the savings. There's also time savings associated with fewer vendor contracts to manage. In addition, many tasks that were being duplicated across departments can be consolidated, freeing resources for new initiatives. "Our OpenSesame Customer Success Manager really contributed to the success of this project," the company's Talent Director said. "They asked the right questions that got us thinking, got us talking, and ultimately, got us to a point where we're saving money and improving the quality of our learning programs." Most companies understand that employee training is a smart investment. However, rogue spending stemming from decentralized and duplicated learning and development efforts eats into that investment. With OpenSesame,Bunzl North America is simultaneously elevating its learning culture while lowering costs, turning a smart investment into one that pays dividends every single day. Value Proposition Multiplied The discoveries led to enterprise-wide discussions on learning and development, which in turn created opportunities for efficiency and significant cost savings by consolidating content curation with a single vendor, OpenSesame. "With new visibility into our spend, we found we could reduce costs substantially while still providing each department with the specialized curriculum they need," the Talent Director said. "OpenSesame offers thousands of courses on every conceivable topic — including the specific courses our EHS, HR, and IT departments need — with much of it available in multiple languages." By centralizing and consolidating its learning and development initiatives, Bunzl North America expects to save tens of thousands of dollars annually. "We don't plan to renew our subscriptions to the three duplicate LMS applications or the multiple content contracts," the Training Coordinator said. "With one LMS and OpenSesame as our exclusive content vendor, we expect to save $70,000 each year." Centralize and Save $70K OpenSesame offers thousands of courses on every conceivable topic — including the highly specific courses our EHS, HR, and IT departments need." Talent Director, Bunzl North America To learn more, visit us at www.opensesame.com or contact us at (503) 808-1268