Do you need a way of streamlining your corporate learning and training programs? Corporate LMSs, otherwise known as Learning Management Systems, do just that. An LMS is an online platform that focuses on training and onboarding new employees and upskilling your existing employees to ensure they can carry out their roles proficiently.

According to Lawman, almost 59% of employees haven’t received formal training for their current job. This is surprising considering 70% of employees are“somewhat likely” to quit their job in favor of one that provides ample training opportunities.

Academy Of Mine enables training managers to create in-depth courses and training programs to keep their teams thriving while ensuring higher levels of employee retention. In this article, we’ll examine the very best corporate LMSs (including our very own Academy of Mine), that will help you create comprehensive employee training courses.

What is a Corporate LMS Platform?

A corporate LMS (Learning Management System) is software that enables you to create, share, and manage training materials and courses. These often incorporate useful features like tracking learner progress and integrations. With a corporate LMS, your employees have access to their learning portal, which they can use to log in and complete assignments, quizzes, and collaborative activities online.

From an administrative standpoint, corporate LMSs give companies full control over what courses employees have access to, and they allow managers to oversee training programs.

Importance of a Learning Management System

Continuous learning and development can significantly improve your employee’s performance in their jobs — the results of a survey conducted by Pew Research highlight this. The survey discovered that 79% of adults claim to be “lifelong learners”. Plus, 87% of personal learners — A.K.A, people who pursue knowledge on topics that interest them — say their learning made them feel more capable and well-rounded.

The same survey suggests learning has a positive impact on professional development.

Let's have a little look at the professional benefits of using an LMS.

• Seamless onboarding: LMSs can help companies efficiently onboard new employees and clients, using one seamless platform. New employees will have access to the learning portal where they can complete their training unsupervised, and at their own pace. Administrators can then assess whether employees have completed courses, earned certificates, and scores sufficiently on quizzes and assignments.

• Lifetime learning: When a corporation creates learning materials through an LMS, the same materials can be accessed time and time again. For example, you might only need to create one onboarding course per department or role. Then, employees can access these materials whenever and wherever they need to. This is important because employees need to be in the right mindset to retain information.

• Track Performance: If you want to know whether an employee is competent in a given area, like marketing, performance-tracking features can help you evaluate the effectiveness of your training materials. Performance can be assessed through quizzes and follow-up assignments after course completion. Equally important, you can use an LMS to see areas where employees might need further training. At Academy Of Mine, we call this feature reports, which is a game-changer for keeping a close eye on your teams enrolled in training.

Criteria to Consider When Choosing a Corporate LMS

As with all software purchasing decisions, you must consider some criteria when choosing your LMS.

• User experience (UX): For an LMS to be useful, it needs to be user-friendly. Training managers and trainees need to be able to use the platform with very little guidance. Everything on the platform and the customer portals should be clear, so nobody is confused about how to complete their courses and navigate the system.

• Features and LMS requirements: To figure out what you need from your LMS, define your goals and your audience. Next, consider the type of learning content you want to create. Some LMSs, like Academy Of Mine, facilitate instructor-led learning as well as self-paced courses. This flexibility enables users to incorporate different learning styles into their programs. To learn more about documenting your LMS requirements and purchasing an effective platform, listen to this podcast.

1) Academy Of Mine

Academy of Mine is an LMS designed for companies that offer professional development. Whether you’re training your employees, other organizations at scale, or customers (B2C), AOM has the features and reliable customer support you need!

From the platform, learning providers can create educational content like self-paced online courses, webinars, and much more. Plus, if you provide B2B solutions, you can create unique courses for each business you’re training, providing a complete onboarding experience for your users so they’ll understand how to use your product. Academy Of Mine is also SCORM compatible, so your company can either upload pre-existing courses into the system or create them directly on the platform, using PDFs, videos, HTML pages, and more.

Features

• Learner reports that track progress and engagement.
• Quizzes, assessments, and discussion boards (build and customize these on the LMS).
• Lots of options for branding and customizing your courses to make them truly unique to your business. Upload a logo, use company colors, adjust fonts, etc.
• Assign your B2B clients, portals of their own, so you can train and assess them simultaneously.
• Certificate builder, so you can customize and deliver accreditations to your users.

Pricing

Academy of Mine prices begin at $299/month. The Startup plan is ideal for startups and solopreneurs. The Essentials plan costs $599/month and is perfect for businesses and schools that want to provide online training to their employees and pupils. This plan allows 250 monthly users, 25 customer portals, and all third-party integrations. There’s also the professional plan, which is suited for businesses training both internal and external teams, which costs $999/month. Last but not least, Academy Of Mine has an Enterprise plan that is designed for companies with complex needs.

Pros

• Round-the-clock technical support.
• Good range of features.
• Lots of customization capabilities.
• Easy to use and navigate.
• Lots of integrations including Shopify, HubSpot, Salesforce, Google Analytics, and more.

Cons

• A bit on the expensive side.

2) TalentLMS

TalentLMS provides out-of-the-box course templates that users can customize, saving training teams the trouble of having to create a learning platform and course themselves. Plus, TalentLMS’s Talent Library also gives teams access to pre-built courses that cover a range of skills like leadership, sales, customer service, and marketing.

Features

• Drag-and-drop functionality for composing your assessments.
• Host live training sessions.
• Access to quizzes and tests to assess progress.
• Gamify training materials with badges, points, scoreboards, and rewards.
• Unlimited storage.
• Mobile app so trainees can learn on the go.

Pricing

TalentLMSs most popular plan is its Premium, which will set you back $459/year. The Premium plan provides everything you need to educate your employees on any number of subjects, allowing you to create unlimited courses and a custom homepage to showcase your creations. Furthermore, you’ll have priority access to email and live chat support.

Pros

• Simple to use.
• Unlimited courses with every plan.
• Low annual cost.
• Cross-device compatibility.

Cons

• Customer support can be lacking.
• Limited customization options.
• Not an ideal solution for large training programs.

3) Thinkific

Thinkific is a software that allows users to build courses and create communities around them. Thinkific owners can utilize subscriptions to sell courses, and the platform has a community feature for your company to engage with different groups. Thinkific is scalable, with plenty of features to help you grow your online education business.

Features

• Launch live training sessions and events.
• Build communities to establish yourself as an authority in your niche.
• Offer paid memberships to your customers.
• Detailed analytics to understand students’ interests.
• Create multi-page websites to market your courses.

Pricing

You can give Thinkific a try for free with the most basic plan. If you’re serious about growing your business, you can move on to the Basic or Start plan. The Start plan costs $74/month, where users can create unlimited courses for their community to enjoy, offer memberships, and access advanced options to build their courses.

Pros

• Easy to use, even for non-technical people.
• Monetize your online training business.
• Good customer support and training materials.
• A comprehensive set of features.

Cons

• No mobile app to accompany it.
• Many customers find that they outgrow Thinkific (it’s not scalable).

4) Bridge

Bridge brings together the two concepts of ‘learning’ and ‘doing’ for a complete educational experience. It emphasizes reinforcing the skills learned through talent reviews, performance reviews, skills feedback, and agenda sharing. The mobile app allows users to learn from anywhere. You can also schedule time-based events like 1-to-1s into your training programs and track each learner’s progress.

Features

• Performance reporting tools to track learner progress.
• Create courses to upskill your employees.
• Create surveys to understand employees’ thoughts and behaviors.
• Mobile app for learners on the go.
• Design complete training programs, from start to finish, with the ability to import third-party materials if needed.

Pricing

You can access Bridge’s Learning and Performance features for $10/month/user. This plan includes talent reviews, goal management tools, performance reporting and analytics, and career development plans. Alternatively, if you just want to stick with the learning side of the software, you can opt for the Learning plan for $4/month/user.

Pros

• Learning and performance-focused.
• A simple platform that’s easy to use.
• Ability to import training from elsewhere.
• Seamlessly tracks progress.

Cons

• Searching for courses in the Course Library can be challenging.
• The dashboard can be overwhelming

5) Edapp

Edapp is an LMS with a strong focus on mobile learning. It’s designed for convenient access to courses whenever and wherever you need to. You can choose from more than 80-course templates to deliver interesting and engaging content. With Edapp, if you’d like to create your course, you can use Edapp’s proprietary AI to create the course.

Features

• Out-of-the-box analytical reports.
• 80+ course templates.
• Course Creation services - let the Edapp team create your course for you.
• Mobile-first platform.
• Easily receive feedback from your students on your courses.

Pricing

Edapps’ Free plan allows you to create unlimited courses with unlimited users. With this plan, you also get unlimited video and audio uploads and access to 1000 editable courses. To benefit from the course creation services though, you need the Managed plan. This costs between $2.95 and $5.95 per user per month.

Pros

• Feature-rich free version.
• Managed plans available.
• Easy to set up and start building your courses.
• Good customer support.

Cons

• The demo only comes with the Enterprise plan.
• Can be limiting for small businesses or anybody looking for a non-rigid solution.

Conclusion

A corporate LMS can enhance productivity by equipping your employees with the skills and knowledge they need to excel at your company (all online). Many LMSs also have a mobile application, which makes accessing training materials convenient and user-friendly for busy people maintaining certifications on the go.

If you require powerful and user-friendly LMS, Academy Of Mine is a great choice. Our platform offers plenty of features like self-paced courses, webinars, eCommerce, learner analytics, B2B portals, and much more. You can set up a meeting with us today to learn how AOM can help streamline your training.