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Tovuti
Tovuti
Tovuti is an all-in-one training and learning management system for organizations of all sizes. From SMBs to enterprises, regulated industries, and government agencies, hundreds of organizations worldwide choose Tovuti to support ...Read more about Tovuti
eloomi
eloomi
Our learning and development platform is the simplest way to see success with people development. In one unified platform, you can now eliminate complexity and fuel productivity. From onboarding to compliance, from skill-buildin...Read more about eloomi
DigitalChalk
DigitalChalk
DigitalChalk is the LMS you want and the Partner you deserve. We are the LMS you want. We offer a full-featured LMS that industry experts such as Brandon Hall and Talented Learning consistently rank among the best in the industry...Read more about DigitalChalk
Trakstar Learn
Trakstar Learn
Skip the classroom, train anywhere. Trakstar Learn's cloud-based e-learning platform provides a simple, training solution for employees working from home, in the office, or in the field. We make it easier for business leaders to e...Read more about Trakstar Learn
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Rockstar Learning Platform
Rockstar Learning Platform
The Rockstar Learning Platform assists businesses with learning management needs and inspires a culture of peer-based learning. It accelerates learners' knowledge with engaging, customizable learning experiences on its collaborati...Read more about Rockstar Learning Platform
SparkLearn
SparkLearn
SparkLearn is a digital learning platform that takes learning to the next level by connecting great content with adaptive technology that helps everyone learn – whether they are on the go or working remotely. We provide simple to ...Read more about SparkLearn
Thinkific
Thinkific
Thinkific is a versatile and comprehensive online course platform designed for entrepreneurs and educators. It excels in offering an array of features for course creation, marketing, and sales. Users can build personalized, brande...Read more about Thinkific
SmarterU LMS
SmarterU LMS
Do you need to deliver compliance training with certifications, deploy an eLearning course library, or author courses – for employees, customers, partners, or volunteers? SmarterU LMS can help you! Specializing in online learning...Read more about SmarterU LMS
SkyPrep
SkyPrep
FrontRunners 2024
SkyPrep LMS is a cloud-based learning management solution that offers a platform to training administrators for creating, managing and selling training courses. Key features include custom branding, automated learner enrollment an...Read more about SkyPrep
Acorn
Acorn
Acorn Performance LMS (PLMS) is the dynamic AI-powered platform for Learning and Development (L&D) experiences synchronized to business performance. Corporate learning is broken. Acorn is the antidote. It’s the only solution that ...Read more about Acorn
Absorb LMS
Absorb LMS
FrontRunners 2024
Absorb Software is an AI-powered learning management system (LMS) provider for all learners inside and outside an enterprise, across industries globally. Purpose-built for an engaging, personalized learner experience and efficient...Read more about Absorb LMS
Litmos
Litmos
Litmos develops eLearning solutions for top-performing companies. An established leader in the market since 2007, Litmos offers the world’s easiest-to-use LMS and a comprehensive learning content library. Thousands of companies tr...Read more about Litmos
Travitor
Travitor
Travitor makes it easy to create, deliver, and track training. Plus get hundreds of top-rated courses in Compliance, Business, Safety, and Personal Development included. Help your teams do great work with featured courses like H...Read more about Travitor
TalentLMS
TalentLMS
FrontRunners 2024
TalentLMS is the LMS built for training success. Designed to get a yes from everyone, its where great teams, and companies, go to grow. With an experience thats fully customizable and easy to manage, teams embrace training while f...Read more about TalentLMS
TrainingToday
TrainingToday
TrainingToday is an online training solution and learning management system (LMS) designed for organizations across various industries, such as healthcare, hospitality, sales, human resources, and others. TrainingToday's learning ...Read more about TrainingToday
Bites
Bites
Experience a cutting-edge approach to training and communication with Bites, where modernity, authenticity, and simplicity converge to redefine your business strategies. Join the league of industry giants such as Unilever, Amazo...Read more about Bites
Microcasting
Microcasting
Microcasting’s eLearning Customer Engagement Platform helps businesses get the attention of prospects and customers and keep them engaged throughout the course lifecycle. It is a platform that helps businesses create individuali...Read more about Microcasting
Learning Pool Platform
Learning Pool Platform
Learning Pool Platform delivers personalized and purposeful workplace learning at scale through the use of intelligent data. The platform applies insights into who a learner is, what they know, and what they need to do in real t...Read more about Learning Pool Platform
Learnsoft
Learnsoft
Learnsoft’s fully configurable learning management platform is built to make employee training effortless and easily manageable for organizations in highly regulated industries. We understand that the success of your organization ...Read more about Learnsoft
iTacit
iTacit
FrontRunners 2024
iTacit is a workforce app designed to simplify communication and improve engagement between employers and teams. This solution is suitable for organizations in various industries including healthcare, government, banking, manufact...Read more about iTacit
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Buyers Guide
Last Updated: March 16, 2023Learning management systems (LMS) automate the administration, testing, tracking, and reporting of learner progress through online courses. This guide will help you navigate the LMS software market so you're armed with everything you need to know in order to make an informed buying decision for your organization.
Here’s what we’ll cover:
What is a learning management system?
Common features of learning management systems
Learning management system pricing
What is a learning management system?
LMS software, or computer based training software, helps educational institutions and businesses better manage their online learning programs—which can be an incredibly effective way to improve employee engagement and retention while increasing employee skill levels. Rather than having to manually manage and track all of the workflows that are involved with ensuring employees have access to and complete learning programs, LMS systems help automate the entire process, from start to finish. Functionality includes:
Creating curricula and learning programs to educate students and/or employees in specific areas of knowledge or to teach them certain skills.
Tracking the completion of such programs to ensure students and/or employees are staying on schedule.
Allowing students and/or employees to demonstrate competencies or gain certification in areas relevant to their role.
Providing analytics and reporting functionality to give organizations more insight into the success of their training or learning program(s).
Common features of learning management systems
Certification and compliance management | Includes setting up, tracking and managing certification programs for industries that require employee certification to perform a specific job duty. This also manages compliance training, which could be a need for any industry. |
Learning management | Helps users organize and simplify training or learning administration, which includes processes such as distributing content, managing user information, scheduling and overseeing course enrollment. |
Many LMS platforms include video conferencing functionality, enabling instructors to lead live, remote classes and trainings through the platform. | |
Course library | Some vendors partner with course content creators to provide a pre-made library of training courses for generic training needs, such as those on sexual harassment policies or management techniques. |
Extended enterprise | Allows organizations to train or teach external users, such as channel partners or customers. E-commerce functionality may be included here, as well, to allow training courses to be sold externally. |
Proficiency testing and reporting | Allows users to administer tests to gauge employee/student knowledge or skill. Analytics and reporting functionality helps determine proficiency and identify learning gaps. |
Content authoring | Gives users the ability to author their own learning material and design and deliver courses within a LMS. E-learning authoring tools are often part of an LMS; learning content management systems (LCMSs) that facilitate the creation and storage of course content can be integrated into an LMS platform as well. |
Allows learners to access and complete courses on a phone or tablet. | |
A set of features, including course ratings, course sharing and commenting, course discussions or individual learner blogs, that promote collaborative learning by allowing learners to interact with one another in the LMS. |
What type of buyer are you?
Before purchasing a system, you should assess what kind of buyer you are. The majority of buyers fall into one of these categories:
Education-industry professionals. Perhaps the most obvious buyers of learning management software are those from schools and higher education: organizations where the entire purpose is facilitating the spread of knowledge. Many courses at university levels—and, increasingly, even at the K-12 levels—offer students access to syllabi, assignments and testing information via Web-based LMSs created specifically for the education industry. Education LMS products can be purchased on their own or as a core component of many K-12 software solutions, along with other applications such as school accounting and student information systems (SISs).
Corporate training professionals. LMSs also have a strong presence in the corporate training sphere. This is especially true in highly regulated industries where employees need to maintain specific certifications or licenses to comply with industry or government standards, such as aviation or food preparation. Just as there are LMSs designed specifically for use in schools and universities, there is also LMS software specific to the needs of corporate trainers, which might include functionality for performance reviews or ecommerce. Some LMSs for corporations even include a course library for continuing education. Corporate LMS products can also be purchased on their own, or as part of a more comprehensive human resources (HR) suite.
Learning management system pricing
LMS software is usually priced based on two factors: the number of users and the functionality included. The more people you have using the system and the greater the depth and breadth of functionality, the higher the price.
As an example, many vendors offer tiered pricing plans. With the first, most basic tier, buyers might pay a monthly fee so a small pool of users would have access to basic functionality and services, such as content creation, course enrollment and limited email support from the vendor.
As the price scales up, buyers can add more users to the system, while receiving more advanced functionality or services on top of what is provided at the lower tiers. These additional capabilities might include reporting and analytics or live phone support from the vendor.
In some cases, users can buy a license to own the LMS system in perpetuity. More commonly, though, users can expect to pay a monthly or annual subscription fee for the software.
Subscription pricing is more common with cloud-based LMS systems (where the LMS is accessed via Web browser), whereas perpetual licenses are more common with on-premise solutions (those installed by users on local servers). Most modern LMS products fall into the cloud-based, subscription-priced category.