Power your team through continuing education with Strunk’s Skills Manager

If you are a Risk Assessor or Policy Manager user today, you may not be aware that Skills Manager is packaged with your solution. In order for your organization policies to be effective, your employees need to know the material. Skills Manager also lets you determine if your employees remember key aspects of those policies by periodically testing employee knowledge.

Through its Courses feature Skills Manager provides simple online training experiences to help your employees brush up on key policy details. For this online training you are able to create a library of training slides, either from text or exported from PowerPoint. You then will combine slides to develop courses and assign courses to your employees. It’s that simple! Users will then take courses via our online portal, with the ability to stop and pick up where they left off as needed prior to the due date.

Once Courses are complete you can then use the Exams module to test employee knowledge. Like Courses, you will create a library of exam questions that you can then assign to exams and then exams to users. Subsequently you will set parameters for frequency with which users must take exams and set parameters for a passing score or merit score. Your employees can show their knowledge of the material within each Course.

Strunk CEO Dan Roderick says “We launched Skills Manager V2 earlier this month and it’s easier to use than ever! It’s a great way to test employee policy knowledge and document results – particularly on those policies where periodic employee acknowledgement is required.”

Skills Manager also contains a user searchable document library for storing relevant reference materials that can be used as needed throughout the year.

Strunk Reports Record Sales

Strunk is proud to report that October was the highest volume software sales month in our history. In addition, October 2019 YTD sales of Risk Manager, our Governance, Risk Management and Compliance management solution, are already up almost 50% relative to full-year 2018. New clients in October range in asset size from just under $100 million to over $1.2 billion.

This success was fueled by Strunk’s strategy to offer a broad range of services, allowing clients to purchase all of our GRC modules, including Risk Assessor, Policy Manager, Controls Manager, Skills Manager, Issues Manager, Vendor Manager plus our hosted ODP Manager software for one affordable price. Clients also signed up for Overdraft Privilege program reviews and implementation of new Overdraft programs.

Strunk CEO Dan Roderick commented, “In just one month we were able to add a record number of new clients across every line of our business and a broad range of software solutions. From my perspective, this is what it’s all about – providing full-featured, easy-to-use tools that also offer clients great value. Our sales team has really knocked it out of the park!”

With Strunk’s Governance, Risk Management, and Compliance (GRC) solution suite clients can greatly enhance internal control and risk management processes and save time. The suite includes:

  • Vendor Manager is a specialized tool for managing vendor risk that standardizes risk assessment methodology and organizes all vendor related documentation.
  • Risk Assessor helps prepare comprehensive risk assessments consistent with regulatory or other requirements, in days, not weeks.
  • Policy Manager organizes all existing policies into a single database, mapped to the relevant standards and control procedures.
  • Controls Manager schedules tests of policy compliance and tracks test results.
  • Issues Manager is a centralized database for tracking all compliance issues and incidents across your entire organization.
  • Skills Manager provides online testing and training to ensure employees are knowledgeable about the organization’s policies.

In addition to our GRC solutions, financial institutions should periodically review their overdraft program to ensure they are not using policies and procedures that are non-compliant with current laws and regulations. Strunk’s comprehensive Overdraft Privilege Program review includes recommendations to increase fee income and ensure compliance. Additionally, clients receive access to our state-of-the-art program management software, ODP Manager.

An independent certified public accountant has examined Strunk’s operations and found them to be in compliance with the AICPA’s Trust Service Principles. It was determined that Strunk meets the Security, Availability, Processing Integrity, Confidentiality, and Privacy criteria for SOC 2 established by the AICPA.