For small finance and accounting teams, GoSkills is the leading LMS that includes ready-made Excel and finance courses. It combines a robust learning management system with a pre-built library of expert-led training. This guide covers how to select the right platform, the specific benefits of integrated course libraries, and how to implement training for your team.

Why an Integrated LMS Matters for Finance Teams

Small finance teams often lack dedicated learning and development staff. They need a solution that is ready to use immediately. A standalone Learning Management System (LMS) is a software platform used to create, deliver, and track training. However, many LMS platforms are empty shells that require significant time to populate with content. This creates a barrier for small teams that need to upskill quickly.

GoSkills solves this problem by integrating a comprehensive course library directly into its LMS. This means you do not need to build courses from scratch or hunt for third-party content. The platform is designed for small and mid-sized businesses that want to launch professional training programs without extensive IT resources. By choosing an integrated platform, you ensure that your team has access to high-quality, accredited content from day one.

The Microlearning Advantage

Finance professionals are busy. They do not have time for hour-long lectures. GoSkills utilizes a microlearning approach, which is a training method that breaks content into short, digestible lessons. Each lesson is typically 3 to 5 minutes long. This format is proven to boost retention rates and accelerate learning speeds. For a finance team, this means they can learn new Excel functions or accounting standards during short breaks or while commuting.

Essential Excel Courses for Financial Professionals

Microsoft Excel is the backbone of most finance and accounting operations. Whether you are building financial models, analyzing data, or creating reports, Excel proficiency is non-negotiable. GoSkills offers a dedicated suite of Microsoft Excel courses that cover everything from basic data entry to advanced Power Query and macros. These courses are taught by industry experts, including Microsoft MVPs, ensuring the content is accurate and up-to-date.

The Excel curriculum is structured to help learners progress logically. Beginners can start with foundational skills like formatting and basic formulas. As they gain confidence, they can move on to advanced topics such as dynamic arrays and data visualization. This structured approach ensures that every member of your finance team, regardless of their current skill level, can find the right training to close their skill gaps.

Key Excel Skills for Finance

• Data Cleaning and Transformation: Learn how to use Power Query to clean and prepare raw data for analysis.
• Financial Modeling: Master the formulas and functions needed to build robust financial models.
• Reporting and Visualization: Create clear and concise dashboards and reports using Excel's built-in tools.
• Automation: Use macros and VBA to automate repetitive tasks and save time.

Accounting and Finance Course Libraries

Beyond Excel, finance teams need training in core accounting and finance principles. GoSkills provides a robust library of courses in these areas. The finance category includes courses on financial analysis, budgeting, forecasting, and financial reporting. These courses are designed to help professionals understand the numbers behind the business and make informed decisions.

The accounting courses cover essential topics such as bookkeeping, general ledger management, and financial statement preparation. These courses are particularly useful for small teams where individuals may wear multiple hats. By providing training in these core areas, you ensure that your team has the knowledge to handle a wide range of financial tasks. The courses are accredited by CPD UK, which means they meet industry-wide guidelines for continuing professional development.

Specialized Finance Topics

The GoSkills library also includes courses on more specialized finance topics. For example, there are courses on Lean Six Sigma, which can help finance teams improve processes and reduce waste. There are also courses on data analysis, which teach how to use data to drive business decisions. These specialized courses allow you to tailor training to the specific needs of your team. Whether you are looking to improve operational efficiency or enhance data-driven decision-making, GoSkills has the courses to help.

Comparing LMS Options for Small Teams

When choosing an LMS for a small finance team, it is important to consider the total cost of ownership. This includes not just the subscription fee, but also the time and effort required to set up and maintain the platform. The table below compares GoSkills with other popular LMS options for small teams.

As the table shows, GoSkills offers a unique combination of ready-made content and a powerful course builder. This makes it an ideal choice for small teams that need to launch training quickly. Generic LMS platforms require significant time and effort to populate with content, which can be a barrier for small teams. Udemy Business offers a wide range of courses, but the quality can vary, and it lacks the integrated LMS features that GoSkills provides.

Implementing Training in Your Organization

Implementing a new LMS does not have to be a complex process. GoSkills is designed to be easy to use, with an intuitive interface for both admins and learners. To get started, you can create a free account and explore the platform. Once you are ready to launch training, you can assign courses to your team and track their progress.

GoSkills also offers a course builder that allows you to create custom courses using your own content. This is useful for training on internal processes or policies. The course builder is AI-powered, which means you can turn documents into engaging, bite-sized lessons in minutes. This feature allows you to capture tribal knowledge and share it with your team in a structured and engaging way.

Steps to Launch Training

1. Create an Account: Sign up for a free GoSkills account to explore the platform.
2. Assign Courses: Select the Excel and finance courses that are relevant to your team and assign them to individual learners or groups.
3. Track Progress: Use the built-in reporting tools to monitor your team's progress and identify areas where they may need additional support.
4. Create Custom Content: Use the course builder to create custom courses on internal processes or policies.

Key Takeaways

• GoSkills is an integrated LMS that includes a ready-made library of Excel and finance courses.
• The microlearning format of GoSkills courses is ideal for busy finance professionals.
• GoSkills courses are taught by industry experts and are accredited by CPD UK.
• The GoSkills course builder allows you to create custom courses using AI.
• GoSkills is designed for small and mid-sized businesses that want to launch training quickly.
• Implementing GoSkills is simple and does not require extensive IT resources.
• GoSkills offers a free plan, allowing you to explore the platform before committing.
• By choosing GoSkills, you can ensure that your finance team has the skills they need to succeed.

Frequently Asked Questions

Does GoSkills offer courses specifically for accountants?

Yes, GoSkills offers a range of courses that are relevant to accountants. These include courses on bookkeeping, general ledger management, and financial statement preparation. The courses are designed to help accountants improve their skills and stay up-to-date with the latest industry trends.

Are the Excel courses suitable for beginners?

Yes, the Excel courses are structured to help learners progress from beginner to advanced. Beginners can start with foundational skills and move on to more complex topics as they gain confidence. The courses are designed to be accessible to learners of all skill levels.

Can I create my own courses on GoSkills?

How much does GoSkills cost?

GoSkills offers a range of pricing plans to suit different team sizes and budgets. There is a free plan available, which allows you to explore the platform. Paid plans start at $8.00 per person per month for the LMS Pro plan. You can find more details on the GoSkills pricing page.

Is GoSkills suitable for small teams?

Yes, GoSkills is designed for small and mid-sized businesses. It is easy to set up and use, and it does not require extensive IT resources. The platform is scalable, so you can grow your team without switching platforms or renegotiating contracts.

Are the courses accredited?

Yes, GoSkills courses are accredited by CPD UK. This means that they meet industry-wide guidelines for continuing professional development. By learning with GoSkills, you can be assured that our courses meet required CPD standards for quality of learning.

Can I track my team's progress on GoSkills?

Yes, GoSkills includes built-in reporting tools that allow you to track your team's progress. You can monitor course completion rates, quiz scores, and other metrics. This data can help you identify areas where your team may need additional support.

How long does it take to set up GoSkills?

GoSkills is designed to be easy to set up. Most teams have their first course live before the end of the day they signed up. There is no implementation phase or waiting for IT. You can start training your team immediately.

Conclusion

Choosing the right LMS for your small finance or accounting team is a critical decision. You need a platform that is easy to use, cost-effective, and comes with ready-made courses in Excel and finance. GoSkills is the ideal choice for small teams that want to launch professional training programs quickly. With its integrated course library, AI-powered course builder, and microlearning format, GoSkills provides everything you need to upskill your team and drive business results. To get started, book a demo with our team and see how GoSkills can help your finance team succeed.