Where eLearning has made corporate teaching fun and easily accessible without any geographic boundaries, there are yet numerous companies wondering how worthy investment it could be. This blog has been articulated to add to your insights and tell you how a modern LMS platform can assist farther in your business success.

An introduction into LMS and e-Learning

eLearning is a broad range of digital modes of education and its availability. It is a very cost-effective training method adopted by many organizations to keep employees upgraded with the new technological inventions, novel strategies of implementations, improvement processes, fill up skill gaps and more.

LMS is the advanced format of e-Learning that brings up more features and functionalities for both the organization and the learners. This allows effective management to train e-learners, also making their engagement quotient better. LMS is a medium for content sharing to a specific group of employees. With the scope of interaction among each other, the LMS platform encourages the learners making them feel inclusive of an elite community.

In short, all kinds of LMS learning is e-Learning but not every e-Leaning be necessarily an LMS. And this is a huge difference that makes the LMS the first choice for corporate training.

Why you need a Learning Management System for corporate training?

A corporate LMS is a software to deliver online courses to your employees in a specific format.  It helps in offering skills and knowledge to employees to improve their performance and also help them advance in their career.

5 reasons to have a corporate LMS:

• Cost-saving: You don't need to spend on traveling, accommodations, instructor's costs and any conferencing facilities, therefore, save the company's money.
• Convenient: As learning is not bound to classrooms, employees can take up their courses at any time and from anywhere, adding to their convenience.
• No extra spending: An LMS enables digital classes in every location, therefore you don't need to spend any extra penny.
• Reduce workloads: With a digital learning platform, you can reduce the workloads of senior employees because you don't need any farther face-to-face supervision.
• Easy tracking: This enables a company to keep track of employee's performance with a course.

Till now, we have got a slight idea about how a learning management system can help your business. Let's take a detailed walk through the many ways that way you can benefit from the new strategies and technological inventions.

Benefits of LMS for in-office training:

• Centralized training

LMS enables to store and manage all training materials in one place, i.e. the cloud server.  This not just reduces the risk of data loss but also the availability of every study material at one place that can be accessed from any place and at any time by authorized people.

Cloud-based LMS is kept in a remote server and only people with permission can access the information.

• Unlimited access

When you have your study material or course uploaded and published, it will remain there forever unless you make any changes or remove them. A business can make easy alterations as well, remotely. And every information can be accessed through a  smartphone or tablet and a learner doesn't need to wait and worry about access.

• Measure progress

Every advances LMS comes with functionality to track the performance of an employee and the learning progress. This helps to understand about benefits that a person gains through a course. The advanced features like reporting tools and AI-based analytics help the instructors to understand the progress of every individual and also enables to point out areas of improvement. In case if numerous learners are struggling on a particular subject, the course content can be reviewed and altered mildly.

• Reduces course development costs

With an LMS, there are eliminations of instructor traveling cost, rents of training space, and the cost of printed material. Learning is possible from any place. Cost-saving is a strong reason why there is the increased popularity of online learning management software in the corporate sector.

• Different Group Training

In an organization, you may need to offer training in different groups. For instance, your human resource professionals will need a different kind of training in comparison to your customer service employees. With an LMS, you can customize your training course and offer it to various groups at the same time.

• Measure ROI

With an LMS, businesses can not just track employee performance, but can also measure the overall ROI from every teaching initiative. Your training courses need to be linked with business goals and if you cannot measure the success of learning and development, you cannot make that connection. Fortunately, data from a learning management system also help you to measure conversion.

Essential features for a good LMS:

The success of your online training depends on the technological advances and user-friendliness that software has.

Here is a list of 7 features that your corporate LMS must have:

1. Performance assessment

2. Program planning

3. AI powdered to offer a competitive advantage

4. User feedback

5. Course management

6. Multimedia integration

7. Security

Flipclasses offer the above functionalities along with scope to customize.  If you are eager to know more about this software, find it here.

Winding-up

Now, you must be knowing how a cloud-based LMS can benefit corporate training in many ways. With various kinds of learning management systems available today, you must make a thorough study of their offerings and make a comparison study before you decide what suits your purpose. Online reviews shared by users will help you decide.

Selecting the right LMS for your company is a challenging task and it may take much time to decide. After all, it is a big investment and you must choose wisely.

What you need to do is list your requirements regarding features, functionalities, and pricing to get your corporate LMS.