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#1287670 - 11/17/09 02:32 PM
Online Employee Training
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Platinum Poster
Joined: Aug 2008
Posts: 742
Southern Illinois
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Our bank currently uses TRC INteractive to do employee training online but we are looking to change vendors. We have looked into Bankers Edge but does anyone else use any other online training resource?
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#1287674 - 11/17/09 02:40 PM
Re: Online Employee Training
Cale_N_Oats
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10K Club
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
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There is also Banker's Academy.
We are just wrapping up our contract with Digital University and and signing up with BAI Center for the next three years.
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#1287681 - 11/17/09 02:50 PM
Re: Online Employee Training
#Just Jay
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Power Poster
Joined: Oct 2009
Posts: 3,927
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We are looking into BVS. Contact Michael Sacks at Michael A. Sacks [msacks@bvs.com] or BVS Training Solutions T. 800.553.5972 F. 866.234.4141 www.bvs.comThey've got quite a catalog of available courses, you can set up curricula for specific job positions and you can 'roll your own'. It also has a very good tracking and testing/recording system which is what we need for the examiners.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius
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#1287765 - 11/17/09 03:49 PM
Re: Online Employee Training
Doug Hendrickson
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Diamond Poster
Joined: May 2005
Posts: 1,813
Giant side of TX
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. . . BVS . . . They've got quite a catalog of available courses, you can set up curricula for specific job positions and you can 'roll your own'. It also has a very good tracking and testing/recording system which is what we need for the examiners. I have used BVS for 3 years now and have been very pleased - their tracking & reporting is excellent & you can schedule required courses for future dates & it emails the employees when the new assignment rolls around
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#1287829 - 11/17/09 04:42 PM
Re: Online Employee Training
ktac MITCH
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10K Club
Joined: Sep 2005
Posts: 10,596
The psych ward
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. . . BVS . . . They've got quite a catalog of available courses, you can set up curricula for specific job positions and you can 'roll your own'. It also has a very good tracking and testing/recording system which is what we need for the examiners. I have used BVS for 3 years now and have been very pleased - their tracking & reporting is excellent & you can schedule required courses for future dates & it emails the employees when the new assignment rolls around Ditto
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#1287935 - 11/17/09 06:06 PM
Re: Online Employee Training
'Lil Freak!
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Platinum Poster
Joined: Aug 2008
Posts: 742
Southern Illinois
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with BVS do they update the quizzes each year or is it the same quiz over and over again?
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#1288311 - 11/17/09 09:25 PM
Re: Online Employee Training
Cale_N_Oats
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Diamond Poster
Joined: Nov 2009
Posts: 1,331
Hoosier Country
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In my previous job (that I just left 2 weeks ago) I was responsible for setting up employee training and getting the vendor, etc. I HIGHLY recommend BankersEdge. I can't recommend them enough. The courses are great, they make sure the courses are constantly up-to-date with regulatory changes, the reporting function is great, it's easy to manage (input new employees, delete employees, assign courses, manage curriculum groups, etc.)
I have used various other systems and I have to say BankersEdge has been my favorite. Plus, their customer service is top notch. Very helpful. They even do the "admin option" for $150 a year. A YEAR!!! That was a life saver for me in 2008 when I had no staff and didn't have time to set up all new employees and curricula in the system. I paid them $150 and the whole year they did all the administrative work for me - set up employees, assigned courses, ran reports (any report I requested), etc.
Again, I highly recommend them.
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Opinions expressed in these threads are my own and not my employer's.
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#1288318 - 11/17/09 09:29 PM
Re: Online Employee Training
Cale_N_Oats
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Diamond Poster
Joined: Nov 2009
Posts: 1,331
Hoosier Country
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with BVS do they update the quizzes each year or is it the same quiz over and over again? With BankersEdge, the final exams change. So even if you fail it the first time and go back in to retake it, the questions will change. Not all new questions, but enough new ones to make it interesting. I also liked the option to stagger the due dates - our regulators recommended it and it worked well. I had about 2-3 courses due by the end of each quarter. Everytime an employee logged in, the first screen they saw was their course status and it gave them the due date for each class, how many days they have left to take each class, etc. Each course can also be customized completely - how many tries to pass, passing score, which sections are required before the exam can be taken, etc.
_________________________
CRCM + CAMS = certified compliance nerd
Opinions expressed in these threads are my own and not my employer's.
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#1288384 - 11/17/09 10:02 PM
Re: Online Employee Training
Cale_N_Oats
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Power Poster
Joined: Oct 2009
Posts: 3,927
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BVS does not use the same test over and over. There is a larger pool of test questions from which a randomized selection is made for each test. So although you may get a question or two repeated, it's all a matter of chance. As changes are made to the course, test questions would change with the revised or new material.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius
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#1294091 - 11/25/09 08:58 PM
Re: Online Employee Training
Doug Hendrickson
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Platinum Poster
Joined: Jan 2006
Posts: 574
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We currently use TRC Interactive...may I ask why you are changing? Did you detect problems with the training?
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#1294707 - 11/27/09 06:37 PM
Re: Online Employee Training
MyKidsMom
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Platinum Poster
Joined: Feb 2007
Posts: 827
In the Sun
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We use Compliance University with Wolters Kluwer.
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#1296546 - 12/01/09 08:20 PM
Re: Online Employee Training
Cale_N_Oats
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Junior Member
Joined: Jan 2003
Posts: 36
Virginia
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We are a BVS user - and have been for 3 years. We are very pleased with the course offerings, tracking of assignments and test results, and especially our ability to place our own training materials on the BVS site or to modify the BVS class to reflect our Bank's polcies and procedures. Additionally, I have always gotten great customer service - they really listen when you ask for assistance or enhancements.
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#1297647 - 12/02/09 11:04 PM
Re: Online Employee Training
DRN
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100 Club
Joined: Jan 2008
Posts: 242
Minnesota
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We switched from BVS to Banker's Academy. BVS was very expensive compared to BA. Our staff actually likes the course material better on BA because it is more "to the point" and easy to follow. Did I mention it was MUCH cheaper!
The transition was easy and the customer service staff is fabulous! I would highly recommend it.
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#1297771 - 12/03/09 02:32 PM
Re: Online Employee Training
Funky Falcon
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10K Club
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
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We choose not to go with Banker's Academy because the sales staff was so overly persistant, borderline harrasing. I am curious to know how much BVS was costing since when we were obtaining quotes this summer, BA was more than double Banker's Edge or BAI Center.
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#1299968 - 12/07/09 04:47 PM
Re: Online Employee Training
#Just Jay
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100 Club
Joined: Jan 2008
Posts: 242
Minnesota
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The staff has been excellent for us with Banker's Academy. The cost of BVS for one year is the same as our three year contract with BA.
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#1300400 - 12/07/09 09:06 PM
Re: Online Employee Training
Funky Falcon
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Gold Star
Joined: Nov 2004
Posts: 349
Cheeseland
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We wer previously with Bankers Edge for many years and switched, not because of any problems but we felt it was time for a change. We went with Bankers Academy and are going back to Bankers Edge.
Bankers Acadment is much harder to administer (IMHO) compared to Bankers Edge. The reporting is also much easier within Bankers Edge. Our personnel also like Bankers Edge better. They can be flexible with their course offering and prices.
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#1300526 - 12/07/09 11:00 PM
Re: Online Employee Training
MyKidsMom
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Platinum Poster
Joined: Aug 2006
Posts: 629
Paradise!
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I am an admin for BVS and they have been excellent for us. There are many benefits to having BVS. One of which is a compliance attorney at your fingertips. I appreciate their support as well.
Last edited by nbk2yj2; 12/07/09 11:01 PM.
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#1300552 - 12/08/09 01:14 AM
Re: Online Employee Training
nbk2yj2
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Member
Joined: Jul 2009
Posts: 79
Pacific Northwest
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We were with BVS for a number of years & had developed customized training for the various regs. The program was easy to use and reports were good, however it didn't interface with or have the ability to use the information for performance or succession planning. We have switched over to Halogen, which is also what we now use for online performance evaluations, goal tracking & succession planning.
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The opinions expressed are mine and do not necessarily reflect those of my employer.
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#1406480 - 06/22/10 01:22 PM
Re: Online Employee Training
DRN
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Platinum Poster
Joined: Aug 2008
Posts: 742
Southern Illinois
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If you don't mind me asking, how much does BVS cost annually?
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#1411039 - 07/01/10 09:50 PM
Re: Online Employee Training
Cale_N_Oats
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Platinum Poster
Joined: Aug 2008
Posts: 742
Southern Illinois
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We're going with BankerEdge! Thanks for all your comments!
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