Learning Management Systems have become an indispensable tool for training & elearning companies as well as the corporate for their employee training programs. Most companies use the LMS for internal training & certification, compliance training, employee on-boarding, dealer or partner training and to sell courses online. Organizations spend an average of $70,600 on their LMS annually, a whopping $5,885 per month (Research by Capterra).
Are you really deriving any tangible or intangible benefits from your LMS investments?
Do you or your organization still consider LMS as IT expenditure?
Most likely, the LMS is very loosely tied to your learning and development strategy making it difficult for you to achieve measurable ROI from the investments. Let us look at some of the areas where you can save costs and improve your revenues by deploying a modern Learning Management Systems.
Tags: learning management system • LMS