Hidden costs of an LMS: What to expect

No matter how people call it — dollars, pounds, yens, euros, rubles, crowns — money comes with power. That’s why everyone strives to get a piece of it. It takes a lot of knowledge and sound common sense to make money and manage it.

With so many variables and risks, it can be hard to make a decision on how to spend the currency that we work so hard to get. Individuals face this conundrum; and companies face it exponentially. That’s why managers need an extended research and as much data as possible in order to make an informed decision on how to spend precious company dollars (or pounds, yens, euros, rubles, crowns).

The decision of choosing the right learning management system makes no exception. If you’re involved in getting a new LMS for your company, read on to learn about some of the most common hidden costs that usually — but not always — creep into the acquisition process.

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