Jun 022023

Presenting “Compliance Hand Book” F.Y. 2023-24 A.Y. 2024-25!

This booklet aims to provide practical aid to the compliance challenges faced by professionals in practice and industry and summarises all important provisions of various laws by using different charts, schedules, tables, and useful notes.


  1. Income Tax
  2. Companies Act
  3. Limited Liability Partnership (LLP)
  4. Service Tax
  5. Excise
  6. Other Compliances
  7. Compliance Calendar
  8. Useful Websites


DOWNLOAD NOW: “Compliance Hand Book F.Y. 2023-24”


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Nov 072022

What is a training management system?

Your entire training operation should be centered around Training management software. It will allow you to link all of your other preferred tools into the system and offer the flexibility to handle any part of your business from the design. Doing this allows you to manage every aspect of your training company without transferring numerous tools and systems. Before using TMS, you need recruitment software to onboard the employee.

Integrating software with your existing tools means you are never limited by the capabilities of a single piece of software. Consequently, you can construct a custom system that reflects your organization’s operations. It takes a lot of planning and coordination across all the teams in your company to schedule and run many courses.

Who uses a training management system?

The front-of-house functions of a training management system have received a brief mention; however, the platform is mainly used by staff members in HRMS services. As a result, training managers, administrators, and staff members who sell instructor-led training are typically the ones who deal with it regularly.

Although a TMS can serve training organizations of different sizes, each training organization has unique requirements. A TMS might slightly favor one audience over another, so it’s up to you to figure out what you need so you can check the appropriate options.
1. Internal training:- Educating those who do not pay to take a course, such as upgrading your workforce.
2. External training:- Training participants in courses that pay a fee

The most important functional difference between these two audiences is that external, commercial training requires extra features that internal training operations may not require.
– Website integration: Typically, your storefront is an e-commerce website.
– Business analytics- Be aware of the schedule’s costs, revenues, profitability, and breakeven thresholds.
– Financial:- Incorporate payments into your accounting system after capturing them.

Benefits of Training Management Software

1. Support corporate culture:- Great leaders are aware that they cannot instill a culture within their company; instead, they must identify the culture that already exists and strengthen it. You may learn more about the current culture of your business and the values that make it up by successfully utilizing your learning management system’s survey and feedback features.

2. Provide development opportunities:- Many people only utilize their LMS for courses that are primarily about business compliance or internal operations. They do not consider the numerous programs offered to assist staff in acquiring professional competencies apart from those necessary for compliance. Training programs in leadership development, supervisor/management, and effective communication aid candidates in getting ready for positions at higher levels of the company.

3. Schedule events and meetings:- Online calendars and schedulers aren’t just for use during training sessions. You can arrange for everyone in the office to take an hour off to attend video meetings, seminars, or even interactive events like guest lecturers. The training management system makes excellent communication vehicles for every internal message, notice, memo, or newsletter.

4. Perform Frequent evaluations:- Written exams, multiple-choice tests, and even blended learning sessions can all be scheduled by TMS. When assessments are finished, you can analyze the work using performance management software to improve work management. Regular evaluations provide evidence of what’s working and what isn’t, enabling you to successfully change internal initiatives and programs.

Frequently Asked Questions

Q1. What is the purpose of software training?
A. Reducing the amount of trial and error so that each job is finished as quickly as possible. Learning the most recent information is possible since live training is based on current knowledge and questions, whereas blog postings and books may be contradictory or outdated. Staff productivity has increased.

Q2. How does a training management system work?
A. A training management system is a more efficient version of the daily management tasks you presently perform for your training firm. You can automate routine tasks and run your entire training company from a single system with features like online registration, course management, CRM, and more.

Q3. What is the importance of training in an Organisation?
A. Through training, workers can develop new skills, polish those they already have, perform better, boost productivity, and become better leaders. Organizations should exert every effort to ensure that individuals perform at their highest levels because a firm is a culmination of what each employee accomplishes individually.