Training companies require flexibility, efficiency, and scalability in delivering learning/training content to their users to ensure that it is easy enough for all users to understand and act on. They deal with corporate training, certifications, compliance training, or branding campaigns for a massive organization. These training modules require a platform that allows seamless client management.
This buyer’s guide explores what makes an LMS ideal for training companies. We’ll cover essential features, benefits, pricing expectations, challenges, and how this industry successfully uses LMS tools to serve multiple clients and business models.
Trading companies usually deal with multiple clients at a time. They are responsible for training and upskilling their staff on any given topic, under strict timeline restrictions, and are often required to meet certain result metrics. When the workload increases, traditional emails, PDFs, and Instructor-based learning practices become ineffective. This is where an LMS platform comes in and consolidates all training materials into a single, easy-to-manage platform, allowing training providers to scale operations without sacrificing quality.
Popular LMS platforms these days allow creators to create custom courses, manage and track progress for learners individually, offer credible certifications, and even use the platform as an additional income stream by selling course templates and subscriptions. You also get support for remote learning.
You can also use the same platform to automate redundant admin tasks, deliver a blended and dynamic learning experience, and integrate the learning platform with other CRMs and eCommerce tools. Shifting to a decent LMS is the fastest way to see a huge boost in your ROIs and overall company growth.
Any industry standard LMS software that is targeted towards training companies will offer white label branding, certifications, and a lot more features, which we’ve covered in the table below:
| Feature | Explanation |
| Multitenancy | These LMSs can handle more than one client at a time and seamlessly manage different content for both. |
| eCommerce Integration | You can sale your course templates and subscription plans using the eCommerce integrations built into the platform. |
| Advanced Reporting Tools | Lets creators get detailed insight about individual learner progress, and overall training program success. |
| White-label Branding | White labeling lets the platform admins customize the LMS experience according to the client’s company logos and themes, adding a more official touch to the training program. |
| SCORM/xAPI Content Support | Supports widely used eLearning content standards that ensure more engaging and dynamic content can be created. |
| Mobile Support | Allows learners to access all of the content on the platform through their mobile devices. |
| Certifications and Badging | Learners and trainees can get badges and verified certifications upon completing training programs. |
| ILT (Instructor-Led Training) | These platforms also support instructor-led live classes, webinars, and blended learning. |
Here’s a look at some of the most prominent benefits you can expect to get from any LMS software that is targeted to be used by training companies:
Scalable Course Delivery
Training companies often deal with hundreds if not thousands of learners at a time, some on-site, some remote, and some accessing the platform from mobile. LMS platform allows them to deliver the course content in an easily scalable way based on each user’s learning condition.
Better Learner Engagement
LMS provides better tools for engaging learners through gamification, mobile compatibility, and interactive content. These tools make learning more engaging and effective and help boost course completion rates and overall ROI.
More Revenue Opportunities
LMS platforms also offer revenue opportunities for training companies. They can use the platform for selling their courses and templates to other companies who dont have the resources to develop their modules.
Easier For Admins to Manage Things
LMS platforms make it easier for admins to manage redundant tasks by using automation features to simplify enrollment, course assignment, progress tracking, and certification, saving time and administrative costs.
Better Tracking
Almost all LMS platforms offer robust tools for tracking learners and course progress. These detailed reports and analytics allow moderators to better understand how the course is going, its shortcomings, and where most learners are lacking. The same reporting tools can be used to show clients their ROI, helping them justify the investment in their services.
Supports Client Customizations
Multitenant and white-label platforms allow training companies to customize each client's experience, giving the training program a very official look and making it more engaging for the employees.
Here’s a look at some important things every training company should consider before deciding to go for any LMS platform in the market:
Does It Support Multitenants?
Ensure that the LMS you are going for supports multitenancy to cater to more than one client at a time. Otherwise, your ability to make money will be hindered by the fact that you can only serve one training program at a time.
Does it Offer White-labeling?
Make sure that the LMS you choose supports white labeling. This allows you to customize the LMS experience for each client and give things a more official look.
What Kind Of Content is it Compatible With?
Check whether the LMS is compatible with standard formats like SCORM, xAPI, or video content platforms. Reusability and interoperability are key here since many companies might follow similar content guidelines, especially those from the same industry.
What Kind of Support Does the Vendor Provide?
You need a very effective customer support channel. Training companies can't afford downtime because of the nature of their work. Choose a provider with high availability and responsive customer support.
Do You Get Strong Reporting Tools?
For any training company looking to grow rapidly, getting high-quality reports for every aspect of your training program and user satisfaction surveys is key. Strong analytics also help the provider and the client understand learner performance, course effectiveness, and areas for immediate improvement.
Is The UI Experience Easy-Enough?
An easy-to-use UI is a strong feature that will help you bag more clients. The UI should be intuitive for learners and accessible across devices. This will result in higher course completion and engagement rates.
Like all other LMSs we’ve covered, an LMS ideal for training companies also varies in its price range based on the type of features, support, integration, and scalability you want. Basic course authoring, reporting, and general eCommerce features are enough for small-scale training providers. An LMS that provides all these basic features will set you back between $50 and $300/month.
If you look towards an LMS that offers slightly more features, better reporting, more integrations, and white-labeling support, you will spend roughly $500 - $2500/month.
Enterprise-level firms require equally equipped platforms that cater to their custom needs, have better sign-in features like SSO, allow access to more APIs and integrations, offer easier scalability support, have dedicated customer support channels, and provide other industry-standard features. These feature-packed LMSs can cost upwards of $10,000 annually.
Some LMSs charge per user, and others have fixed monthly/yearly rates. Go with the one that suits your requirements while staying within your budget. That's when you get the most value out of your purchase. It is very easy to overspend and underuse here, so do your research before committing to any plan.
Implementing a cloud-based LMS system in your regular workflow and justifying its use to learners/trainees will present many challenges. If your LMS of choice is meant for lighter workloads and you are part of a massive organization, it might lead to slow loading times, poor data handling, and abnormalities during operation.
Customization limitations can also stop a training company from creating a dynamic experience for each client. Similarly, underpowered reporting tools can make it difficult to demonstrate ROI or engagement, which may hurt client retention.
Then there’s the whole learning curve discussion. An LMS might not be easy for all users to operate. They might need onboarding training sessions, which might feel intimidating and cumbersome to some non-technical program trainees. If you have a lot of non-tech-savvy users on your team, ensure that the LMS you are going for offers supporting documents, FAQ pages, and robust support to help your team settle into the new ecosystem.
The demand for digital and remote learning is skyrocketing, necessitating companies to adopt an LMS-based learning and training model. Many forward-thinking training firms are replacing traditional learning mechanisms with LMS platforms to promote more dynamic and intuitive training programs.
Firms focusing on compliance, healthcare, or financial services are embracing LMS tools to meet industry regulations while maintaining flexibility in content delivery. The corporate sector uses LMSs to teach employees how white label branding works, and introduce a new norm of learning based training in their companies. Some companies are also using LMSs as a separate income stream. They are selling their courses and templates to other companies who dont have the resources to develop their modules. Some companies are building course libraries and using LMS software as a foundation for launching e-learning brands.