Why Compliance Training Matters For Your Company

Why Compliance Training Matters For Your Company

Why Compliance Training Matters For Your CompanyHIPPA, PCI-DSS, SOC-2, GDPR, the list goes on. Compliance – it might not be the most exciting of topics, but don’t underestimate the importance of it. Depending on your industry, compliance training may come frequently or less often. Either way, when compliance is issued and hefty fines are on the line, finding ways to effectively distribute compliance training to your staff should be a top priority. 

It’s not as surprising to see headlines of global companies getting slapped with major fines for failing to train employees or put updated compliance measures into practice. In fact, since the compliance date of the Privacy Rule in April 2003, OCR has received over 242,743 HIPAA complaints and has initiated over 1,026 compliance reviews (HHS.gov). In fact, entire websites are devoted to the latest compliance news, tracking violations in everything from accounting to data management, disclosure violations to ethics, and beyond. 

Corporate compliance covers both internal policies and procedures, as well as federal and state laws–but it is also important for companies on a global scale. Enforcing compliance helps your company prevent and detect violations of rules, which protects your organization from fines and lawsuits. Many organizations establish a program to consistently and accurately govern their compliance policies over time.

Traditionally, compliance training has been several hours long, with attendees struggling to focus or worse, zoning out entirely. Say farewell to the compliance training of the past and meet simpleshow video maker – an easy to use, cost-effective, and effective method of creating training materials in a matter of minutes. That’s where explainer videos come in to help.

Why explainer videos? 

They are clear. Simplify your complex compliance training and make sure your team is up to date on the latest rules and regulations governing your industry. Explainer videos are so effective because they combine audio and visual stimuli to explain a concept in a simple and understandable way.

They level the learning playing field. The easier a video maker program is to use to create material, the more likely internal teams are to use it when new compliance is mandated. Also, the stronger likelihood of employees comprehending the message they are meant to receive. Simplify your complex compliance training using explainer videos

They can be stored for quick access. Explainer videos and interactive training modules are an ideal way to deliver compliance training, especially when the videos and resources are kept on a shared company server for on-demand access and viewing when employees or departments need a refresher.

They are easy to make. With simpleshow video maker, you can have a training video created in a matter of minutes, with main takeaways digested by a viewer in seconds. Also, as the compliance process should be ongoing as rules and regulations evolve, our video maker allows you to easily add scenes, make edits to videos, and update information as needed in real-time to make sure you quickly get your message out to your team.

How does your business mitigate risk and stay on top of compliance training?