Avoid the end of year budget trap

Posted on Nov 24, 2014

Avoid the end of year budget trap with an assessment from Sponge

Leading elearning company, Sponge, is offering a rapid assessment service to help organisations get the best possible value out of training budgets and avoid wasteful end of year spending mistakes.

According to the National Bureau of Economic Research in the US, spending in the last week of the financial year is 4.9 times higher than normal but quality scores for projects commissioned at this time are below average.

The rapid assessment service will be available to businesses between now and the end of the fiscal year to help identify ways to optimise training investment within remaining budgets and timescales.

Managing Director of Sponge, Louise Pasterfield, said:

“Some of this is driven by the pressure to spend on training or risk losing the budget allocation – so called ‘use it or lose it.’

“We can help organisations avoid the pitfalls of making 11th hour decisions which can result in disappointing learning outcomes.”
“We get a surge of requests for our bespoke elearning as we move towards the end of financial year.

Sponge makes bespoke elearning for major organisations including Tesco, Sports Direct, John Lewis and the NHS.

The rapid assessment service will be available to assist all new and existing clients free of charge.

Fill in the form for a consultation or call +44 (0)207 492 1977.