Selecting an LMS with features that will improve ROI and reduce risks is important to ensure that a learning management system (LMS) provides a good return on investment (ROI). Some important LMS features to consider include:

Ease of use

An employee’s ease of use is essential for a company to see a return on their investment. A user-friendly interface ensures employees will utilize the system and not find it too complicated or time-consuming. By reducing the risks of a low return on investment, companies can feel confident that they are getting their money’s worth from an LMS. 

Mobile compatibility

As the use of mobile devices becomes more widespread, organizations need to consider mobile compatibility when selecting an LMS. A mobile-compatible LMS allows learners to access content and courses on their mobile devices, which can be a valuable tool for employees who are often on the go. Mobile compatibility can also improve ROI by reducing the need for expensive printed materials and delivering content directly to learners’ devices. 

Scalability

As your company grows, you will need an lms access that can scale to accommodate more users. A scalable LMS will save you money in the long run because you will not have to replace it as your company grows. A scalable LMS will also reduce the risks associated with using an LMS because it can handle more users without crashing or losing data. 

Integration

Integration is one of the most important factors when choosing an LMS. A good LMS will integrate with your existing systems and software, making it easy to start and reducing the risk of errors. 

• Seamless integration with your existing systems: The LMS should integrate easily with your existing learning management system (LMS), student information system (SIS), and human resources (HR) systems. This way, you can avoid the hassle and expense of having to switch platforms or duplicate data.

Customizability

A customizable LMS offers users a learning experience tailored to their specific needs. This can be done through different modules, customizations to the interface, and even personalization of content. By offering a more personalized learning experience, an LMS can improve ROI by ensuring users get the most out of their learning experience. Additionally, a highly customizable LMS can reduce risks by allowing users to tailor their learning experience to avoid potential pitfalls. 

Reporting & Analytics

An important part of any LMS is the reporting and analytics features. With these features, you can track how your employees are doing with their learning and identify areas where they may need more help. This can help improve your ROI by ensuring that employees get the most out of their training. Additionally, reporting and analytics can help reduce risks by identifying potential problems early on. 

Support & Training

As businesses increasingly turn to eLearning platforms to train their employees, it is important to consider the software’s support and training. Many vendors offer 24/7 support, which can be vital for organizations with employees in different time zones or who work odd hours. 

Training is also important, especially for employees who are not familiar with using learning management systems. Some vendors offer on-site training, while others provide webinars or other online resources. Consider your organization’s needs when choosing an eLearning platform, and ensure that you will have access to the support and training you need to ensure a successful implementation. 

Conclusion

When choosing an LMS, a few key features can make all the difference in terms of return on investment (ROI) and reducing risks. A learning management system should be easy for administrators and learners. If it’s difficult to navigate or set up, it will take longer for employees to get up to speed, which can impact productivity.