There are multiple factors to consider when you begin your learning management system (LMS) journey. Although costings are at the forefront of these factors, there are also a variety of other features that will assist to improve return on investment in the LMS you choose. When it comes to deciding on the right LMS there is no shortage in options to choose from. Organisations must consider what is the best fit as well as the best return on investment for their specific workforce. The introduction of learning management systems has become more and more common over the last few years for organisations. Employees’ learning and development experience have also become elevated across the workforce, ensuring their learning and training continues to grow under any circumstance. Many large, and medium-size organisations now operate their L&D through a LMS on a daily basis, with their LMS tracking the reporting and record management of training at the press of a button, eliminating administrative tasks, and improving their compliance. In this article we are going to zone in on other features aside from pricing that will help improve the overall return on investment.
Certification Management
Having a LMS that has pristine, easily accessible, and downloadable certification management is highly beneficial for the user of the system and the administrator (or power user) for that platform. Having a fully automated process, that allows users to receive their certificate immediately after successful completion of the course removes so much of the manual tracking and work that is involved in approving and chasing of certification. Saving time, resources and administration is a key element to improving ROI on a LMS. A LMS that has an automated process that tracks expiry dates on certification and notifying both user and administrator that a renewal is required, mitigates the risk of missing a recerts and becoming uncompliant.
Customised Reports
Reporting is an essential feature across any learning management system. Ready-to-go generated reports are useful for gathering quick data and records for employees. However, the introduction of customised online reports will allow organisations zone in on specific metrics and statistics that they find most efficient for their organisation and their compliance audits. Customised progress reporting is imperative for organisations to keep track of their user journey, tracking access dates, time spent and overall status is very important for optimal monitoring and observing top and bottom performers for example. When choosing a learning management system that has this feature built in, it will assist in delivering relevant reports throughout the business therefore helping to improve overall return on investment.
Smart Notification/Automations
When choosing a learning management system, the aim is to reduce time consuming day to day tasks, removing the difficulty surrounding the inventory and tracking of employee records. As well as producing accurate, real-time reports and the integration of electronic records we need to have built in smart notifications. These smart notifications/automation can be set up to ensure the organisation never misses an expiry date or renewal again. This mitigates any risks for the organisation in terms of compliance training. Reminders should be set up in advance of training for this. Choosing a learning management system that can easily create and customise these automation will certainly be reflected in the return on investment.
The key factors any organisation should look for to improve their ROI should be a of course a cost effective solution, but also to have the capability to promote your employees professional development, on an easily accessible and functional system.
Want to find a learning management system that does all of the above? Look no further than SAFEWARE!
SAFEWARE can help organisations to empower their administrators through automation, enhance the user and admin experience, offer insightful reporting and provide seamless API integrations.
For more info give us a call today on 0818 315 415 or email info@occupli.com