Providing end-to-end custom software development and UI/UX design services. We recognize each business's unique needs, delivering a personalized approach that aligns with your goals and vision.
Providing end-to-end custom software development and UI/UX design services. We recognize each business's unique needs, delivering a personalized approach that aligns with your goals and vision.
Providing end-to-end custom software development and UI/UX design services. We recognize each business's unique needs, delivering a personalized approach that aligns with your goals and vision.
How to Choose the Right Enterprise Learning Management System for Your Business?
Table of contents
Written by:
Vasyl Polych
CEO & Founder at RewiSoft
Dec 3, 2024
[Updated]
Content
Every business is driven by the need to effectively manage employee training, streamline processes, and improve ROI. How can this be done?
While there may be plenty of advice, an Enterprise LMS is one of the most effective solutions. With the right Enterprise LMS, companies can simplify the management of training programs and boost employee collaboration, engagement, and motivation.
What features are the most helpful to gain maximum insights from your training program? How can routine processes be automated? Which type of Enterprise Learning Management System is best for your business? Below, you’ll find answers to these questions and more.
What is an Enterprise Learning Management System (Enterprise LMS)?
As the name suggests, an Enterprise Learning Management System is a platform for managing learning processes. An enterprise learning management system is specifically designed to handle various tasks, such as training, onboarding, and other learning-related activities. It also tracks progress and identifies areas that need further attention.
The functionality of an Enterprise Learning Management System can vary based on the specific needs of your business:
Some Enterprise LMS platforms focus solely on employee training, offering features like progress tracking.
Others provide more advanced capabilities, such as virtual classroom integrations, live video streaming, data analytics and visualization tools.
In the following sections, we’ll explore the features that can help your business enhance its training management and achieve better results.
What are the Two Major Types of Enterprise Learning Management Systems?
Custom Enterprise Learning System
Custom Enterprise LMS is a solution where you can integrate any features and tools your business needs. You have complete control over the design, making it fully adaptable to your specific requirements. Essentially, you choose everything you want, as it’s entirely your product.
Ready-Made Enterprise Learning System
Ready-Made Enterprise Learning Management System is a pre-developed solution. It offers certain features that can be used for your business, but you are limited to what’s included. You select a subscription plan and pay extra for additional tools and features. However, the available features are restricted by the provider.
Price Comparison
Price is often a key factor when deciding between the two. Initially, a Custom Enterprise learning platform will cost more because you’re paying for the entire development process. The price includes analysis, design, and custom development, which may take longer upfront. However, it’s a one-time investment that doesn’t require ongoing subscription fees for extra features.
In contrast, the Ready-Made LMS, such as Adobe Learning Manager, is cheaper upfront since you simply choose a plan and start using it right away. But over time, as you continue paying for subscriptions and additional features, the total cost can eventually match or even exceed that of a custom solution, especially if you require upgrades or expansions as your business grows.
In conclusion, a Custom Enterprise learning management system will provide the flexibility and control you need if your business has unique training needs or requires full integration with existing systems. On the other hand, if you’re looking for a quick, cost-effective solution and don’t need extensive customization, a Ready-Made Enterprise learning management system may be a better option.
Benefits of an Enterprise Learning Management System
An enterprise learning system is a powerful tool for any business. It simplifies training and development processes while offering many other benefits. Which ones? Let’s break down each benefit in detail with examples:
Cost Savings
An enterprise learning management system helps organizations reduce offline expenses related to instructors, venue rentals, commuting, and administration. Instead of paying for in-person workshops, a company can deliver training online, saving costs on venue rentals and instructor fees.
Reporting & Tracking
If your Enterprise LMS software features advanced reporting capabilities, you can easily track progress, engagement, and ROI through automated reports. For example, your company can monitor how many employees completed a new compliance module and generate performance reports with just a few clicks.
Quick Updates
With Enterprise LMS software, you can update training materials based on feedback or new developments. When your company releases a software update or new training materials, you can quickly add new modules to train employees on the latest features.
Personalized Learning
A significant benefit of enterprise learning management software is its ability to offer personalized training programs that fit individual employee needs. When employees receive tailored modules, their productivity is often much higher.
Time Management
Time management is critical in both life and business. With Enterprise LMS software, you can monitor training time and optimize schedules. This helps managers identify if employees spend too much time on basic modules and improve the training flow to make learning more efficient.
Automation
Another key benefit of an Enterprise LMS is automation. You no longer need to manually handle reporting, tracking, or analytics, as the LMS automates these processes. When new employees are onboarded, the LMS automatically assigns the necessary courses, and once they complete them, you can view the results without spending extra time.
These are just a few benefits an Enterprise Learning Management System can offer businesses and learners alike.
How to achieve these benefits? Having the right feature set is the answer. In the following sections, we’ll explore the various features that can help your business improve training and achieve better outcomes.
15 Top Features to Include in an Enterprise Learning Platform
Below, we’ll explore 15 features that can make any Enterprise Learning Management Platform work more effectively.
1. User Profiles and Roles
Create customizable profiles for employees, managers, administrators, and other relevant members. Profiles control which objects, fields, and features a user can access, while roles determine which records a user can view in relation to others within the organization’s hierarchy. For example, employees can access learning materials, while managers can manage course content.
2. Course Management
Enable the creation, editing, and organization to manage online courses, lessons, and modules. With course management features, instructors can easily create structured lesson plans, upload materials, and schedule lessons without wasting extra time.
3. Content Delivery
Did you know that video lectures typically provide better engagement than text-based materials? That’s why content delivery is a must-have feature for any LMS, especially when conveying complex technical knowledge. Include options that support multimedia (videos, audio, documents) and SCORM/xAPI compliance for interactive content.
4. Learning Paths
Add personalized learning paths based on employee performance. Employees who have already completed many training materials may automatically receive more advanced lessons, while new employees can be automatically assigned beginner lessons.
5. Discussion Forums
When employees engage in peer-to-peer discussions and receive instructor feedback, they foster social learning. This allows them to ask questions quickly and get support from both peers and instructors. Integrated forums can effectively facilitate this process.
6. Gamification
Gamification elements like badges, leaderboards, and rewards increase engagement. For example, employees are ranked on a leaderboard when they earn points for completing a course. It creates a sense of competition and motivates them to learn more.
7. Progress Tracking
Real-time tracking of employee performance is beneficial for both employees and managers. Employees can view their progress through a visual dashboard, helping them plan how much time is left to complete the course. Meanwhile, managers can monitor each employee’s performance.
8. Reporting and Analytics
This feature is valuable for both employees and managers as well. It provides insights into course completion rates, employee engagement, and learning outcomes. Administrators can generate reports to identify areas that need improvement.
Integrations with third-party tools like Zoom, Google Classroom, or payment systems are essential for easy access. Integration features allow you to easily connect your LMS to other helpful tools.
10. Content Management System (CMS)
A CMS helps organize and manage all learning materials in one place, streamlining course creation. With a well-functioning CMS, instructors can easily upload, update, or remove outdated content.
11. Collaboration Tools
Collaboration tools support real-time chat, group messaging, and discussion threads. This feature is ideal for peer interaction and project collaboration, as employees can ask real-time questions within the LMS.
12. File Sharing
The file sharing feature is highly beneficial, especially for companies with many materials. When you can upload, share, and manage documents for courses and assignments, it speeds up new employee integration, as all the information is stored in one place. Employees and managers can upload onboarding info, training materials, and more.
13. Task Management
Task management allows you to assign tasks, set deadlines, and monitor progress. This can be done on an individual basis for each employee. It helps instructors track assignments and due dates, and assign specific tasks to each employee.
14. Mobile Learning Applications
Nowadays, every platform should be mobile-optimized, as most people prefer using their phones over the web. It’s even better if your company has a mobile learning application, as it’s incredibly convenient. Employees can access course materials, quizzes, and assignments from their phones in seconds.
15. Push Notifications
Send reminders and alerts for assignments, deadlines, and updates. Customize notifications to provide progress reminders and any other necessary information.
Why Custom Training Management System is the Ideal Choice for Enterprises
Surveys show that companies using ready-made Enterprise learning management systems often become frustrated over time. Common issues include limited functionality, inefficiency, and difficulty using the software.
Another common problem is the inability to customize the system to fit their brand. As a result, many businesses add extra solutions or turn to custom enterprise training software.
You can address these challenges head-on with a custom LMS explicitly built for your business. You have the flexibility to choose the features, design, and tools that meet your exact needs.
Let’s dive deeper into the advantages of having your own custom LMS:
Ownership and Full Control
Since you own your training management system, it’s built specifically for your enterprise. You’re not dependent on third-party vendors and can make any necessary changes. You own the technology and have the flexibility to modify it as required.
Cost-Effectiveness
Developing a custom LMS may seem like a significant investment upfront. However, in the long run, it pays for itself. You won’t face subscription fees, extra charges for additional features, or rising costs.
High Scalability
Your custom LMS can grow and evolve as your business grows. You can add features or scale the platform as needed.
Enhanced Security
In custom development, you can implement industry-leading security protocols to ensure your business receives top-notch data protection. At RewiSoft, we develop LMS solutions with protocols that include SSL and AES encryption, user authentication, data privacy compliance, role-based access control (RBAC), and backup and disaster recovery.
How Much Does It Cost to Develop Enterprise LMS Software?
Generally, at RewiSoft, our development prices are as follows:
Enterprise Learning Mobile Apps – Starting from $30,000
Enterprise Learning Platforms – Starting from $30,000
MVP (Minimum Viable Product) – Starting from $25,000
The cost can increase depending on the complexity of the enterprise learning management software and any advanced features you may need, such as analytics, course creation, user management, or integrations.
Contact us to get a personalized quote for your enterprise training platform. After discussing your specific requirements, we’ll provide you with a detailed estimate, including the total cost, project timeline, and features for your project.
In conclusion, the right Enterprise Learning Management Platform benefits any business. It simplifies learning and management processes and provides valuable insights.
A Custom LMS offers full control, only must-have features, and scalability. It is the ideal choice for businesses with unique needs and growth ambitions.
A Ready-Made LMS provides a quicker, cost-effective solution for those who need standard features right away.
At RewiSoft, we specialize in developing custom LMS solutions that align with each client’s business goals. Contact us to discuss how we can help you build an LMS that drives results and positions your business for success!
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