What is a Corporate LMS?

Feb 1, 2024 | eLearning, Employee Training, Learning Management System

A corporate learning management system, usually referred to as a “corporate LMS,” is a software platform that allows training professionals within a company to manage their learning and development program from one centralized place. Thanks to a corporate LMS, you can house, deliver, and track all your corporate training content, review employee progress, identify strengths and weaknesses in your materials, and much more. Easily handle all your employee education needs so you can focus on your company’s growth, revenue, and success!

Top LMSs include powerful features aimed at the needs of the corporate learner like AI-powered content creation, integrations with popular HRIS systems, and engagement capabilities such as gamification and social learning.

Corporate learning platforms vary, but most modern learning platforms replace the paper tests and in-person instructors of the past with virtual learning, flexibility, and scalability that fits the average corporate employee’s workday and schedule.

The best corporate LMS options are able to cover everything from onboarding, to professional development, to compliance training, and beyond. It’s essentially a one-stop shop for all your organizational learning and development needs.

Keep reading to learn exactly how a learning management platform can improve your company’s enterprise learning, why you might need one, and key features you may be interested in.

How Does a Corporate Learning Platform Work?

With modern learning management systems, convenience is key. That’s why a corporate LMS brings together learning environments that had previously been separate, like virtual, in-person, mobile, and social learning.

Stakeholders in a company’s employee training like HR teams and safety and compliance managers can use a corporate learning management system to collaborate, distribute, and track training courses for an entire organization – no matter how big or small.

Whether you’re a mega-corporation with thousands of employees across the globe or a burgeoning start-up, corporate learning software can help to get your employees up to speed on whatever materials you want: orientation, a new product launch, compliance, or whatever else. Develop a variety of training content, from slides, videos, quizzes, and more, distribute them virtually, and track their progress from the convenience of your learning management platform.

Why you need a corporate training solution

Any company can thrive with a powerful and comprehensive learning management system. Here are a few reasons your organization should use one:

  • You can build out courses (in full) online. A good LMS will provide tons of different creation tools that support multiple formats. Text, images, videos, quizzes, games, you name it. Litmos LMS includes a built-in content authoring tool for your content creation.
  • LMSs cut down on time spent training employees. Everything is centralized, including creation, storage, organization, and deployment.
  • A good LMS also cuts training costs by removing the need for things like in-person seminars, training days, and outside instructors, offering virtual instructor-led training and recorded, standardized trainings.
  • Employees – and stakeholders – can access a cloud-based LMS from anywhere. Employees can start their training on their desktop computer and then pick up where they left off on their mobile devices.
  • Some learning platforms also have gamification, allowing you to incentivize employees to complete their training through achievements, badges, points, and more.
  • You can easily track educational progress through various reports and dashboards. See performance, gain insights, and determine where learning barriers may be.
  • If your company has employees with overlapping roles or duties, you can create individualized training materials to help.
  • Materials coming out of a corporate LMS are consistent. Instead of distributing courses and training from multiple sources, your employees will receive them from one place – that way you can count on the quality.
  • If your company is looking to streamline or scale training, using an LMS with embedded AI features can help managers and admins gain instant insights and automate training tasks, while giving learners more autonomy and empowering them to train at their own pace.

Are You Ready to See What All the Hype is About?

When contemplating the introduction of a new corporate learning management system, there are many factors to consider. Every enterprise has their own unique needs. It is critical to find an LMS that can provide attributes that are in sync with your training goals. Luckily, Litmos can provide almost any feature you might need from a corporate training software. Litmos, an award-winning, cloud-based LMS provider, supports you wherever you are in your current training program. Here are just a few functions that Litmos can bring to the table:

  • AI-powered tools like the AI Learning Assistant, AI Playlists, AI/ML Video Assessments, AI Video Tagging, and AI Content Authoring*
  • Site and online course customization
  • Easy-to-use embedded course authoring tools
  • Multimedia integration
  • Updating capabilities
  • Multi-language support

With millions of users and customers that include Mercedes-Benz and Coca-Cola, Litmos has the capability and experience to meet your every training need. From large corporations to a new local business, Litmos can help create effective and holistic corporate training experiences for all your employees. Sign up for a free, live demo and see how a corporate LMS can make learning easier for everyone in your organization.

 

*Coming Fall/Winter 2024