Best Corporate Learning Management System For Small Business

A corporate learning management system or LMS is software that enables you to organize business training for employees even when the business’s budget is tight. This platform is an online alternative to face-to-face classes, which is especially handy after the COVID-19 outbreak. Once learning content is uploaded to the LMS, users can access it whenever it is convenient for them. It’s also possible to track learner progress and engagement.

In this article, we talk about all things LMS: the reasons to get one, the available types, and choosing the best LMS for a small business. 

Why use a corporate LMS for a small business?

Source: Dribbble 

Provide whole-spectrum learning

A small-business LMS allows you to run corporate training and orientation, as well as increase knowledge retention. 

• Employee training. With an LMS, you can create programs for employees to learn specific knowledge or skills and improve performance in their current roles. 
• Employee orientation. The important task of onboarding a new hire can be automated and handled easily by an LMS. Of course, HR departments have to greet newcomers and give them a tour around the office, but all the rest can be studied online. It includes a message from the CEO, the company's history, corporate policy, responsibilities, information about career advancement opportunities, and benefits.
• Knowledge retention. A knowledge retention program allows valuable skills, techniques and information to stay with your company when your employees leave or retire. The LMS makes it available at all times to train new employees or people from other departments.

Reduce workload

LMS software is a great tool to organize the learning process. The system automatically delivers online course materials; it checks and marks tests, creates and delivers certificates, and processes payments if needed. LMS bots can answer frequent users’ questions and learners themselves can communicate on the basis of the platform.

Reduce cost

It’s not cost-effective for small businesses to have a person who is responsible for managing training only. Costs connected with face-to-face learning and development such as physical printed learning materials, instructor travel costs, and venue hire are all eliminated by delivering training through an LMS.

What are the types of learning management systems? 

Source: LMS design by Agente 

There are three major types of LMS: proprietary, open-source, and self-hosted.

Proprietary LMS

A proprietary LMS is owned and managed by the LMS vendor, and is usually available via an annual license fee.

Examples: Litmos, Topyx, Saba, Blackboard.

Pros

• Reliable.
• Comes with training and customer support from the company.
• Guaranteed security.
• Hosted by you or on the cloud.

In the case of a cloud LMS, you don’t need to install anything on your computer or a web server. Everything is hosted on a remote server. You simply sign into the LMS software application.

Cons

• Requires a licensing fee. Any customization requires additional payment.
• More user enrolments increase cost.
• Integrations are available, but you have to pay.

Source: Blackboard LMS 

Open-source LMS

An open-source platform is an LMS that gives free access to its code and the ability to modify it.

Examples: Moodle, Chamilo, Open edX, Effectus.

Pros

• Almost all products and plugins are free.
• Available online community support.
• Unlimited users.

Cons

• Complicated to use because of lousy design.
• No dedicated technical support.
• Hidden costs on maintenance and support.
• May have security flaws.

Source: Moodle-based project by Agente 

Self-hosted LMS

If you don’t want either of the two variants above, this one might be a perfect fit for you. With a self-hosted LMS you own a ready-made structure like a cloud-based LMS and can fully customize it. 

Why self-hosted LMS?

Customization flexibility. Out-of-the-box solutions give no, or only limited, customization opportunities like branding and some basic options. With self-hosted LMS you have endless possibilities to make your own product:

• Mix facilitated sessions with self-directed modules
• Integrate webinars
• Create custom automated emails, reporting and many more.

Unlimited scalability and storage. Your own corporate eLearning management software allows you to put the data wherever you want and toss in additional servers without worrying about hitting a ceiling.

Data safety. You own the database and get direct access to the learner database. It means more flexibility and less reliance on a third party.

Your security standards. You can apply as much security as you want, including restricted access to specific IP blocks and 2-factor authentication. 

Lower total cost of ownership. Yes, a self-hosted LMS requires an initial investment, but it is more cost-efficient than paying forever, potentially spending thousands of dollars monthly as your learning programs grow in popularity. There is no completely free LMS for a small business. Even open-source solutions require further investments.

How to choose the best LMS for corporate learning?

Thus, a self-hosted LMS is the best choice if you want to keep the advantages of both proprietary and open-source types. 

Here are the factors to consider when deciding upon the best corporate learning management system for your small business:

Customization options

Look for learning management systems with greater customization options and easier setup tools that require little to no programming skills. For example, look for the ones that can provide microlearning to emphasize a short-term training process or modify into a learning experience platform (LXP) with learner-centric personalized experience to transfer knowledge and professional development.

Source: An example of microlearning app

Source: An example of LXP 

The one thing you need is web design for educational sites. The platform’s interface should also be easy to navigate for end-users. Look for a user interface that positions main menu items on the top left. Users look at websites eyeing the top of the site and the left-hand rail first.

Accessibility

Your audience should be able to access the corporate LMS software via multiple platforms, whether by desktop or laptop computer with an Internet connection or by smartphone or tablet (iPhone, iPad, iPod, Android). Accessibility involves making the platform convenient to use by people with disabilities, for example, there is a mode for visually impaired people.

Source: Agente case 

Social learning tools

The platform should encourage active user interaction. It’s good practice to have real-time interactive discussion boards and built-in instant messaging. These LMS tools increase learner engagement and collaboration. 

Integration

LMS software should be able to integrate with third-party systems, including Microsoft Outlook, iCal, Google, and Yahoo.

Automatic reporting

LMS platforms should provide administrators with the ability to generate automatic reports showing the progress of learners. The reports should break down information by subject, export reports into other applications, and be customized to include specific variables.

Security

High-quality LMS for business training works with LDAP Authentication, Active Directory, or Federated Services. It means administrators don’t have to include separate permissions for users. This security feature saves time and allows you to administer security settings behind a firewall or in the public domain.

Administrative monitoring

LMS systems should enable administrators to see a log history of all learner and instructor activity, such as learner information, curriculum, and changes made to courses.

Best corporate LMS software for small businesses

We’ve researched the market of learning management systems for small businesses and picked five platforms from corporate LMS vendors:

Agente LMS

Agente created a robust LMS platform white label solution with unlimited number of users, courses and integrations that can be easily customized to fit the needs of a small business.

Source: Agente LMS - Book a demo via contact page

What are the advantages?

The standard feature set with custom interface design will cost you around $25-30K. Only two weeks are required for deployment and you get a fully customized platform for your brand. It may include the following features:

• Course building tools
• Video integration
• Real-time webinars
• User roles management
• Teacher’s dashboard
• Student dashboard
• Responsive layout
• Messaging system
• Payment integration
• Robust report system

What if you need more?

Our proprietary platform covers most of the small business needs. However, we are prepared for unique requests as well and will build corporate LMS software from scratch.

Naturally, you can opt for an out-of-the-box LMS supplied on subscription basis. However, these solutions lack flexibility as they allow minimum customization. What’s more, they can be too bulky, with dozens of features you simply don’t need. 

TalentLMS

This learning management system is great for small- to mid-sized organizations that want to train employees, customers, or partners. The platform lets you create and manage courses via an instinctive interface and easy workflow. Integration here is well supported; assessments and surveys can be automated. Plus it includes social learning features.

Pricing starts from $59 per month.

Source: Talent LMS

iSpring Learn

It is a cloud-based learning management system that places a big emphasis on the simplicity of use and a wide array of functionality to build and deliver online training programs. It possesses an integration with an authoring toolkit, an event calendar to keep learners in the know, gamification elements to motivate users, Zoom integration to deliver blended learning, and a native mobile app.

Annual subscription is based on the number of learners, starting from $3.66 per learner for 100 learners/month.

Source: iSpring Learn

Easy LMS

Source: Easy LMS

This is the learning platform that will suit the needs of SMBs that often need to provide exams or certifications and want to have tools for building and delivering exams inside an LMS. It has an advanced online exam builder, a gamified quiz creator with leaderboards, and the ability to issue custom certificates.

Pricing is $50.00 per month for small/medium business plan.

Moodle

An open-source platform that is used by learners in educational institutions and the corporate sector. It is great for training compliance, competencies, onboarding, workplace safety, and product launches. The LMS can support eLearning standards such as SCORM and Tin Can/xAPI. It also enables you to upload documents and share materials and events between courses or learning paths. However, users sometimes complain that the report system is not efficient enough and that the platform is too bulky; it takes some people two to three months to properly go through every feature.

Price - free.

Source: Moodle

Recap

The best LMS for corporate training is the one that allows you to pay once and get a solution that perfectly fits your business needs. The fully customizable LMS by Agente provides you with only the features you need for employee training, orientation, and knowledge retention. Seeing is believing, so you can check the demo version of our proprietary LMS platform. Contact us and start your eLearning software development project right away.