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7 Ways Learning Management Systems Benefit Large Companies

A CEO was once asked, “What happens if we train our employees and they leave?” To which he replied, “What happens if we don’t and they stay?”

The moral of the story is that adequately training your employees is vital for the survival of any company. Happily trained and developed employees result in heightened productivity, increases profitability, and reduced employee turnovers. A study by IBM revealed that 41% of employees will leave a company within the first year of employment if they receive poor, inadequate training but only 12% will leave companies who provide training and professional development programs.

But how do big companies handle training and evaluating hundreds, maybe thousands, of employees? LMS is the answer.

Implementing, monitoring, and maintaining training programs in large companies is no easy feat. The bigger a business grows, the harder it is to track professional development. Which the reason why the market has seen a big increase in the use of Learning Management Systems (LMS) and e-learning platforms being used as an all-in-one solution for employee training.

Learning Management System Benefits for Big Business

1 Cloud-based LMS tools Work for Any Budget

Even the largest corporations appreciate the value of a good deal. Cloud-based LMS tools are the most affordable way to host and monitor employee training and performance because they are flexible and adaptable to your business needs. Learning Management Systems can start small and expand in size as your business grows too.

2 Completely Customizable to Any Company Brand

LMS can be easily configured to have the look and feel of any company and brand. The system admin can easily edit and personalize the platform’s URL(s) and logo(s). Trainees can then take e-learning training courses under an environment totally personalized to their company’s identity.

3 Regular System Updates for Cloud-based LMS

Before Cloud-based LMS came into the picture, Learning Management Systems included clunky hardware and software that had to be locally installed on network computers and had to be manually updated by IT techs. LMS on the cloud can be remotely and regularly updated to keep the platform running at its optimal capacity.

4 Employees can access platform anywhere, anytime

Large companies can sometimes have locations all over the globe with hundreds of employees at each location. LMS solutions provide companies with the tools to administer and train all employees under one hub regardless of their location.

5 Most Learning Management Systems Support Multi-Domains

LMS with multi-domain capabilities means companies can run different training programs and courses under separate URLs withno additional installations. Administrators can have access and real-time reporting on all students for all courses but students in one LMS will not have access to courses in the second LMS and vice versa. This role-based access function highly facilitates the online training administrator’s role in managing corporate-wide training initiatives.  

6 LMS with Virtual Environment

The best learning management systems on the market, like the CAE Learning Management System Solution, are an integration of online learning with a virtual environment housed under one single LMS but available to all users. A single sign-on feature allows trainees to receive top of the line training without ever leaving the LMS platform, leading to higher levels of course success and learning. Built-in virtual classrooms facilitate the distribution of course contents, allow for training webinar courses, and convert the LMS into an all-in-one training tool for employers and employees alike.

7 Learning Management Systems Track and Evaluate Student Progress

In a company with hundreds of employees, it can be difficult to measure employee development through corporate training. With LMS, this task is made easy. The platform tracks and evaluates every trainee’s progress to identify if he/she succeeding at completing course objectives. Simultaneously, the system is also detecting the class’ strengths and weaknesses. The LMS then gathers all of this information into real-time, downloadable reports available to company administrators.  

LMS and e-learning training platforms have been around for decades and have recently picked up popularity among big enterprise corporations for their flexible and user-friendly training management capabilities. Markets and markets conducted a study on the rise of LMSs and  forecasted the global market “to grow from USD 4.07 Billion in 2015 to USD 11.34 Billion in 2020.” LMS systems open doors to the new era of global employee professional development and corporate training.

www.cae.net

 

Verxact, the LMS (Learning Management System) software developed by Computer Aided E-learing, is a complete e-learning platform conceived to allow the integrated online, blended and face to face training of all your collaborators in different subsidiaries and brands; making the most of, and heightening, the synergies and developing skills in a specific way, thus leading to a more efficient and profitable management of training budgets.
Verxact platform allows creating training programs, incorporating SCORM courses from different providers as well as courses and own materials without having knowledge of computing.

It allows you to:

• Implement online, blended and face to face training proyects.
• Create customized courses under the SCORM / AICC standard using contents developed by the center from any format.
• Create your own test under IMS / QTI standard with multiple question formats.
• Evaluation and monitoring through customized reports.
• Raise unlimited courses to the platform.
• Unlimited students for courses.

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