Audit Your Language Training Costs in 3 Easy Steps
A language cost audit can help keep learning and development (L&D) vendor costs down. Auditing your procurement process can be overwhelming, so we’ve put together this handy three-step checklist to help you through the process.
1. Start with your own procurement team and region.
What’s your process for selecting language training solutions and other related L&D software products? Do you have a standardized way to identify language training programs? Have members of your regional procurement team purchased language services in the past? Be sure you fully grasp how your department purchases language training products.
Language training can be billed in a variety of ways depending on who requested the vendor, and why they need the solution. Confirm L&D purchasing policies with each category manager in your region.
2. Review departmental language training expenses.
Look for patterns in language training spending over the past few years. Have language expenses increased from year-to-year? How are these costs billed? Are these language solutions sourced from multiple vendors or a single vendor? You’ll also want to take a look at corporate credit card accounts, and employee benefit initiatives, like tuition reimbursement programs.
L&D expenses can vary from year to year, so you’ll need to look back a few years. Be sure to also look beyond L&D use cases. Some department heads will use language tools for specific use cases, often going unnoticed in a general cost audit.
3. Zero in on region-specific language training expenses.
If purchasing is decentralized or broken out by region, you may need to do a little more legwork. A good place to start is by asking regional leaders to identify department heads responsible for tracking L&D, HR, software, and related spends. Then have those department heads identify which language costs are billed as direct or indirect expenses.
If you have a global language policy, start by asking regional leaders if they’re using that policy to purchase new language solutions.
So you’re overspending on language training Now what?
Rosetta Stone Enterprise helps some of the world’s leading brands realize big cost savings by helping them streamline procurement by consolidating their language spend to a single, award-winning enterprise language training solution.
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