BNH Expert Software Inc. Announces the Release of ADVISOR Enterprise
BNH Expert Software Inc. – developer of
the leading media selection and return on investment (ROI) tool ADVISOR – announced
today the release of ADVISOR Enterprise – a business planning tool to help organizations
manage and optimize training budgets and resources.
ADVISOR Enterprise provides clear, accurate and comprehensive analysis of the
cost of training/learning activities. With data from all courses residing in
a central database, managers at various levels can easily determine how much
money and resources are required to run one or multiple training programs, gain
required skills and competencies, find out where money is being spent (salaries,
travel, etc.), how to maximize impact of training while reducing costs, and
so on? Moreover, ADVISOR Enterprise is Internet based; i.e. users can access
at anytime and from anywhere with only a Browser.
ADVISOR Enterprise is a significant development because for the first time
we have a tool for managing training as a business unit and not a cost center.
According to Training Magazine 2001 Industry Report and The 2000 ASTD Learning
Outcomes Report, a US organization with 2,500 employees spends on average $875,000
annually on formal training and an additional $4.4 million in resources, overhead
and equipment for a total of $5.25 million. ADVISOR Enterprise can reduce costs
and maximize the impact of training by assessing build versus buy decisions,
evaluate alternate delivery options as well as their impact on the organization.
A 10% annual savings, in this case, would translate into $525,000. Moreover,
by focusing on required skills and competencies, ADVISOR Enterprise can lead
to increased productivity, revenue, and market share as well as reductions in
employees’ turnover, operating or legal costs, which can lead to significant
impact on the organization’s bottom line.
How can ADVISOR help?
ADVISOR provides a simple, practical and scalable system to manage training
budgets and resources, while maximizing their impact on the organization. It
is based on scientific principles, supported by extensive research and produces
measurable results. ADVISOR:
- Reduce Training Expenditures and Uncover the Cost of Doing Business
- Optimize Budgets – ADVISOR determines the most economical blend of delivery
options that meets organization, learning and learner’s needs.
- Leverage Resources – ADVISOR estimates resources required by various delivery
options to design, develop, deliver, administer, manage and support various
training programs.
- What if Scenario – With ADVISOR you can carry out an unlimited number of
what if scenarios to evaluate the most cost-effective way to design, develop,
deliver, administer, manage and support various training programs.
- Improve Budget/Resource Management – ADVISOR provides detailed breakdown
of the costs and resources required by various training programs. This in-turn
provides a valuable tool for identifying opportunities for savings.
- Align Training with Organizational Goals – ADVISOR minimizes duplication
and waste by establishing a clear link between training programs and organizational
goals. In other words, identify and eliminate programs that have minimal impact
on the bottom line.
- Improve Productivity and Time to Market/Competency
- Utilize Effective Delivery Methods – ADVISOR rates the ability of various
delivery options in meeting organizational, learning and learners’ needs.
- Minimize Lost Opportunities – ADVISOR determines the impact of various delivery
options on lost productivity and missed opportunities.
- Reduce Time to Market/Competency – ADVISOR determines time, cost and resources
required to develop various skills/competencies – train sales, support and
maintenance staff, for example – which in-turn can lead to an increase in
potential revenue and a decrease in operating costs.
Reposition Training as a Profit Center
- ADVISOR computes the costs of developing various skills/competencies and
their impact on the organization bottom line.
"Developing effective, high impact training strategies is not a simple
task. Hundreds of factors can impact your decision and there are many options
to choose from. If you are not considering alternate options for developing
required skills/competencies, you could be wasting employees’ valuable time
and hundreds of thousands of dollars. ADVISOR Enterprise tracks the costs and
benefits of all training programs/activities; makes it easy to evaluate plausible
combinations for the delivery of training and presents the most economical blend
that meets your needs" said J. (Jay) Bahlis, President of BNH Expert Software
Inc. And because you are using ADVISOR, you can generate a solid business case
to document and support your recommendations.
For additional information, please click on the following link http://www.bnhadvisor.com
or contact Teresa Madigan at (800) 747-4010 x 39.
About BNH Expert Software:
Since 1987, BNH has helped hundreds of organizations align learning strategies
with business goals. We are result oriented. We offer a wide range of products,
services and workshops to assist HR, training and business professionals in
managing training budgets/resources, measuring impact on bottom line as well
as identifying ways of reducing costs and improving productivity. Our products,
services and workshops are based on scientific principles, supported by extensive
research, practical and produce measurable results. BNH can be reached at (800)
747-4010, (514) 745-4010 and found on the web site at http://www.bnhexpertsoft.com.
Contact: Teresa Madigan
BNH Expert Software Inc.
(514) 745-4010 x 39
