How do you acquire the skills your team needs to make your organization succeed?
Are you promoting continuous corporate training and learning to promote digital resilience, and are you among the 90% of companies preparing for a significant skills gap in the next two years as part of your digital transformation?
Employee training is at the top of every successful organization’s list of priorities, and they manage and implement this training with their corporate learning management system (LMS).
To help you understand the value of the corporate LMS, we will explore the following topics:
- What is a corporate management system?
- What are the benefits of corporate LMS platforms?
- Features of an effective LMS
- Top 10 corporate LMS tools in 2023
What is a corporate learning management system?
A corporate learning management system (corporate LMS software) offers a comprehensive structure managing every facet of employee training. It encompasses content storage, delivery, organization, tracking, and gauging effectiveness, often via online learning.
Geared towards simplifying L&D teams’ tasks, corporate learning management systems aid in pinpointing and evaluating individual and organizational learning objectives. It monitors advancement towards these goals while gathering data for overseeing and refining the learning journey.
What are the 5 benefits of corporate LMS platforms?
Look at the five benefits of corporate LMS platforms to ensure you get the most out of your investment.
1. Unrestricted entry to self-paced eLearning resources
Upon generating, uploading, and publishing learning content onto a corporate LMS, employees gain boundless access to the information whenever needed via online training courses. Learning can commence via training videos and other content when logging into the LMS via any device.
This adaptability in the learning pace is pivotal, rendering corporate LMS tools indispensable for diverse global audiences in varying time zones.
2. Centralized hub for hosting all eLearning content
Corporate LMS software consolidates your eLearning content into a singular hub. This consolidation saves time for your workforce, eradicating the need to scour numerous drives and devices for content.
Simultaneously, it minimizes the risk of misplacing crucial training material and data. Cloud-based learning management systems particularly favor remote or hybrid workers, seamlessly enabling access to online collaboration.
3. Monitoring learner advancement and performance
Embedded tracking systems within corporate LMS platforms gauge training effectiveness, oversee learner progress, ensure performance milestones’ completion, and uncover avenues for employee growth.
Training managers leverage these tracking systems to obtain reports on individual employees, aiding the identification of learners requiring additional attention, with precision in pinpointing areas necessitating improvement.
4. Accessibility and assistance
The prime merit of corporate LMS solutions is an increase in accessibility. All online courses and study materials remain reachable via smartphones, tablets, or laptops, fostering a blended learning approach. Learners enjoy effortless technical and course support accessibility.
5. Lowered training expenditures
A corporate LMS curtails the employee training costs affiliated with conventional classroom training, including material printing, instructor fees, lodging, travel, etc.
Features of an effective, corporate LMS
Consider all the features of an effective corporate LMS to ensure you invest in a tool that will meet all your learning needs.
Multifaceted features
A corporate LMS integrates multimedia elements like images, PowerPoint decks, audio clips, videos, etc., enriching an organization’s learning content to captivate and engage staff. This tool facilitates L&D teams to adopt a multimodal approach catering to diverse learning styles.
Learner input
Vital for LMS effectiveness, learner input holds significance. A corporate LMS permits learners to furnish feedback through post-training surveys.
This feedback empowers organizations to gauge training program efficiency, enhance content and delivery, pinpoint strengths, and deliver improved lessons benefiting the workforce.
E-commerce
Corporate LMS software facilitates course monetization online, extending courses to other communities or businesses and creating an additional revenue avenue.
Personalized approach
Distinct learners possess diverse training requisites, learning styles, and tech competencies.
Corporate LMS tools cater to individual training demands by furnishing personalized training modules in varied formats aligned with learners’ preferences, goals, and preferred languages.
Like a healthcare LMS, specific sectors might necessitate an industry-specific LMS for customized learning content and compliance-driven needs.
Mobile Learning
A contemporary corporate LMS enables mobile access to training programs, allowing learning on the go. LMS platforms are web-based, and learners can access them via any browser.
The top 10 LMS tools in 2023
Select the best option from our list of the top 10 best learning management systems in 2023. We have used the G2 rating (scored out of five) as this is the industry standard for reviewing corporate LMS tools, and pricing is in dollars per employee per year (PEPY).
1. Rippling
G2 rating: 4.8
Pricing: Inquire for pricing.
Best for:
2nd easiest LMS to use.
Description: Rippling provides enterprises with a unified platform to oversee HR, IT, and Finance functions on a global scale. It consolidates all the workforce tools typically dispersed within a company, such as payroll, expenditures, perks, and devices. Uniquely, you can now oversee and mechanize every facet of the employee journey within a singular system.
Features:
- Unified workforce directory.
- Intuitive user interface.
- Global workforce analytics and dashboards.
- Employee onboarding/ offboarding automation.
2. Absorb LMS
G2 rating: 4.7
Pricing: Use the pricing tool on the website.
Best for:
Tailored for instructional designers.
Description: Absorb LMS ignites learning and enhances business efficiency, securing top rankings in Standalone Corporate Learning Management Systems and Customer Education Software segments. Absorb is committed to aiding organizations in attaining training objectives via impactful learning encounters yielding measurable outcomes.
Features:
- Smart administration.
- Employee experience and engagement.
- Observation checklists.
- Performance analytics.
3. Lessonly by Seismic
G2 rating: 4.7
Pricing: Inquire for pricing.
Best for:
Excellent features for sales coaching.
Description: Seismic’s Lessonly presents a remarkably user-friendly solution for training, coaching, and empowerment, expediting team onboarding, facilitating valuable critique, and fostering perpetual enhancement. Used by over 4 million learners across 1,200+ prominent enterprises, such as Scholastic, Jostens, and U.S. Cellular, collaborate in knowledge exchange, skill cultivation, and the fortification of optimal methodologies.
Features:
- Interactive sales courses.
- Practice to-market skills.
- Reach goals using coaching plans.
- Performance analytics.
4. Continu
G2 rating: 4.7
Pricing: Inquire for pricing.
Best for:
1st easiest to use in the LMS category on G2.
Description: Continu is a contemporary Learning Management System tailored to modern workplaces. With a focus on fostering learner participation and acceptance, Continu boasts an appealing user interface that simplifies access to necessary training methods for employees, customers, and third-party collaborators.
Features:
- Personalized learning tracks.
- Virtual and in-person learning workshops.
- Train in your CRM.
- Unlock remote learning.
5. iSpring Suite
G2 rating: 4.7
Pricing: USD 470-670 PEPY (free trial available).
Best for:
Extensive library of training.
Description: iSpring Suite offers an all-encompassing authoring toolkit enabling the design of sophisticated eLearning content, encompassing interactive courses, quizzes, video tutorials, role-play simulations, SCORM-compliant e-books, and interactions. Simultaneously, it’s an intuitive tool requiring minimal learning effort and is precisely suited for deadline-driven projects.
Features:
- PPT to SCORM conversion.
- Interactive assessments.
- Video editor.
- Extensive LMS compatibility.
6. Trainual
G2 rating: 4.7
Pricing: From USD 96-124 PEPY.
Best for:
Features most used by marketers.
Description: Trainual functions as a knowledge transfer and training platform, enabling expanding teams to construct the guidebook outlining their operational methods. Through Trainual, all protocols, regulations, and actions related to every position and duty within your enterprise are conveniently recorded, structured, allocable, and retrievable.
Features:
- Course category assignment.
- Attendance tracking.
- Mobile learning support.
- Customizable gamification.
7. KodeKloud
G2 rating: 4.7
Pricing: From USD 325 PEPY.
Best for:
Ideal for DevOps professionals.
Description: KodeKloud delivers immersive educational journeys that expertly lead your staff to navigate DevOps, regardless of past background. Propel your business’s expansion by elevating your team through our comprehensive lessons, practical labs, and cloud playgrounds.
Features:
- Upskilling capabilities.
- Interactive training.
- Training in Linux, networks, and release procedures.
- Mock exams.
8. Cloud Academy
G2 rating: 4.7
Pricing: From USD 660 PEPY with the current offer.
Best for:
Great for software engineers and consultants.
Description: Cloud Academy now includes Lab Maker – the most straightforward approach to constructing a personalized lab or cloud sandbox. As a premier technology training source, Cloud Academy empowers you to bridge expertise disparities and enhance learning effectiveness by as much as 70%.
Features:
- Career progression with job role paths.
- Pre-hire assessment.
- Validate skill profiles and analytics.
- Content customization.
9. 360Learning
G2 rating: 4.6
Pricing: From USD 96 PEPY.
Best for:
Connect all your systems for seamless management.
Description: 360Learning promotes internal mobility as a remedy for talent scarcity, enabling enterprises to enhance skills from their ranks. The extensive learning platform integrates LMS and LXP functionalities, complemented by collaborative learning Academies, propelling your business’s upskilling momentum.
Features:
- HCM/ HRIS sync.
- Off-the-shelf learning content.
- Workflow integration tools.
- E-commerce integration.
10. Engagedly
G2 rating: 4.4
Pricing: Visit the vendor for a quote.
Best for:
The modular structure allows you to pick the features you need.
Description: Engagedly’s Modular Platform empowers organizations to implement their strategy through goals/OKRs, performance appraisals, and 360 reviews. It facilitates the enhancement of employee development via one-on-one feedback, LMS, and Mentoring/Coaching.
Features:
- Performance reviews.
- OKR/ goal alignment.
- Talent analytics and mobility.
- CXO (chief experience officer) insights.
Select the suitable corporate LMS to help your staff thrive
The right LMS is an empowering platform, enabling seamless skill development and continuous growth.
By carefully evaluating and selecting a corporate LMS that aligns with your organization’s unique needs and learning programs, you pave the way for enhanced employee engagement, improved training outcomes, and overall productivity.
With the suitable LMS in place, your staff can access training materials conveniently, learn at their own pace, and stay up-to-date with the latest industry trends, ultimately contributing to their professional advancement and the overall success of your organization.
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Tristan Ovington
Tristan Ovington is a professional senior writer and journalist, specializing in providing expert insights on various topics such as digital adoption, digital transformation, change management, and Cloud apps. He delivers his knowledge through accessible online content that is data-driven and presented in a friendly tone, making it easy for readers to understand and implement.