When your training company first launched, managing your programs and your clients with spreadsheets and multiple pieces of software worked and might have even been cost-effective. But now you’re discovering that those options are slowing you down and creating challenges for both your team and your finances. That means it’s time for a learning management system (LMS). So, how do you find the best LMS for training companies like yours? Read on.

What Is An LMS?

A learning management system (LMS) is software that helps training companies manage their educational development, training programs, and learning materials in order to administer, track, and assess training. An LMS helps align training and learning activities with a company’s goals, ensuring that its workforce is trained properly and that the company retains its corporate knowledge.

What Is The Best Tool For LMS?

When clients ask us this question, we know what they’re really asking is which LMS is best for them and their training company. That said, our answer goes beyond that. The real question to ask is what you need your LMS to accomplish. What are the business performance measures that you need to improve? When you look at it from that angle, you start to see LMS features that become necessary to your solution.

Some of these features might include:

• Privacy for your clients: The system should segment your clients into their own environments to avoid any crossing over of information.
• Tight integration with your existing software: Your LMS should tie into your HR, CRM, and supply chain software.
• Course and Content Management: It should be simple to create, manage, and update your courses and content.
• Reports and Analytics: This is the feedback you need to guide your training programs, ensure that they are working, and provide feedback to your clients.
• Certifications: Track progress and issue certificates in a way that makes it easy to manage recurring/compliance training.
• Much more: Here are even more features to look for.

How Training Companies Can Use An LMS

The right LMS gives a training company like yours the ability to replicate its processes, track clients, and provide real-time feedback on progress. Overall, it will help you get better results for your clients which, in turn, result in better ROI for your business.

Here are some typical benefits to your company and to your clients:

• Improved Onboarding: Your clients will ramp up new employees and get them producing faster. You’ll do the same for every training program you launch.
• Better Performance: This is the primary goal for your clients, and they’ll see the results with a better-trained workforce.
• Employee Retention: When employees perform better and achieve certifications, they are more likely to feel appreciated and stay on with the company.
• Higher ROI: As your company gets more efficient at managing the training programs for your clients, your ROI improves. Your clients will see improved ROI as their employees become better trained and boost performance.
• Retained Knowledge: This applies to your training company and your clients. When knowledge is retained in a company regardless of turnover, the company is able to spend time and resources on advancing in the market and beating the competition.
• Efficiency: As a training company, you are better able to replicate your own processes and materials, which ends up reducing your time spent on each client. They still get the same great results, but you are able to scale as you grow.

So, Which LMS Is Best For Training Companies After All?

There are probably hundreds of different LMS solutions available. The tricky part is finding the best LMS for a training company like yours. DHx Software specializes in LMS for training companies, so let us help you find the most important features and functionality and build it right into your custom solution.

Schedule a time to discuss your project with our experts. Use our Calendly link to find a time that works for you.