The power of centralised training spend

power of centralised training spend

Yesterday our MD Blake Henegan spoke at World of Learning at the NEC in Birmingham about “Unlocking the benefits of centralised training spend.”

Here’s just some of the benefits discussed at the event:

Ensuring consistency in training

  • Standardised content: Centralisation ensures that training content, quality, and delivery methods are consistent across the organisation.
  • Enhanced learning outcomes: Consistency leads to improved learning outcomes and better alignment with organisational goals.
  • Brand cohesion: A unified approach to training enhances the organisation’s brand and message.

Streamlining administrative processes

  • Administrative efficiency: Centralisation simplifies tasks such as supplier management, billing, and reporting.
  • Resource optimisation: Streamlined administrative processes free up HR and L&D resources for more strategic initiatives.
  • Consistency and standardisation: administrative processes become standardised, leading to greater efficiency and reduced errors.

Leveraging economies of scale

  • Cost savings: Centralisation allows organisations to negotiate bulk discounts and more favourable terms with a single supplier.
  • Strategic partnering: A master supplier partnership provides access to a wide range of training services under one umbrella.
  • Improved bargaining power: Centralised procurement strengthens negotiation leverage, leading to cost-effective training solutions.

Making it happen

So you know the benefits but how do you centralise processes and budgets in your own organisation?

It’s worth knowing now that one of the main drivers for using a managed learning service is that it supports organisations with the adoption of a centralised training budget.

All of this alongside the subject matter expertise, setting up of quality control processes and additional resource to handle your volumes of training management, you can sit back and watch the benefits roll in!

For our complete guide “Unlocking the benefits of centralised training spend” including how to build a business case internally please contact kate@optimuslearningservices.com for your copy.