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Futureproof Your Corporate Training With The Best LMS In 2024

Sanju Kumari
4 Jun 2024
24 min read
Futureproof Your Corporate Training With The Best LMS In 2024

Employee development is an investment in the future success of the entire company. When employees grow, so does the organization. Despite being the need of the hour, about 90% of US organizations have reported that their employees will have a considerable skills gap in the next few years.

Given the high level of business competition, nurturing the skills and knowledge of employees through corporate LMSs seems a viable solution. Several recent studies have noted that organizations that provide corporate training can claim a 218% increase in per-employee income and a 24% increase in profit margin compared to those that do not. 

So, have you found the best LMS for corporate training yet? This article gives you the five best affordable and quality LMS options. Choose what suits your business needs and close those skill gaps today!

Top 6 LMS Tools for Corporate Training in 2024

Over the past decade, LMS adoption in corporate training has evolved significantly. Thanks to cloud-based solutions, cost-efficiency, and remote work support, most companies operating in the USA use LMS tools to provide corporate training. To offer you better choices, let’s have a look at the best LMS for corporate training:

I) Calibr.AI

Calibr.AI is an AI-powered LMS, specifically designed for modern and distributed workforces. It is one of the best LMSs for corporate training and offers a comprehensive suite of features and functionalities for:

  • Effective learning
  • Skill development
  • Corporate training

Key Features

  • AI-powered Course Authoring
  • Calibr.ai uses Generative AI to create course outlines, lesson texts, quiz questions, and more
  • Drag-and-Drop Builder
  • To make the process simple, users can design courses by dragging and dropping several elements
  • Some common examples include:
  • Text blocks
  • Images
  • Audio clips
  • Rich Library of Resources
  • Calibr.ai offers 4+ million course assets and templates 
  • This library consists of royalty-free images and free course templates
  • It helps in accelerating the course creation process
  • Complete SCORM Support
  • The LMS offers full SCORM support
  • Users can integrate the SCORM courses seamlessly into their existing Calibr Content catalog. 
  • 360 Degrees Analytics
  • Calibr.AI offers in-depth learning analytics
  • These help in making data-driven decisions related to learner engagement and performance
  • Also, the LMS allows for:
  • Comprehensive data tracking
  • Real-time visibility into the progress
  • Assessment results
  • Checking participation metrics

Pricing

Calibr.AI offers two superpower products to its users:

  • Calibr Craft:
  • It allows you to author courses using Artificial Intelligence
  • This product is available at $40 per user per month. 
  • Calibr LMS/LXP
  • It is an AI-powered learning platform offering a range of features for skill development and knowledge sharing. 
  • This product is available for just $5 per user and offers an affordable LMS choice for businesses

Worried about quality? Calibr.AI also offers a free 30-day trial. Start with the free trial today. No credit cards are required!

II) TalentLMS

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TalentLMS stands out in the LMS market for its:

  • User-friendly interface 

and

  • Affordable pricing plans

It was launched in 2012 and has since been adopted by over 10,000 organizations. The platform is designed to simplify the process of creating and delivering online courses, making it accessible even to those with limited technical expertise

Key Features

  • Course Building
  • TalentLMS allows users to create engaging and interactive courses using a variety of content types, including:
  • Videos
  • Presentations
  • Documents
  • Quizzes
  • Surveys
  • The drag-and-drop course builder makes it easy to upload and organize content
  • Automated Grading
  • The platform automates repetitive tasks such as grading quizzes and assignments
  • This automation saves time and ensures consistency in assessments
  • Gamification
  • To keep learners engaged, TalentLMS includes gamification features
  • Some common examples include:
  •  Leaderboards
  • Badges, and
  • Points
  • These elements motivate users by rewarding their progress and achievements.
  • Blended Learning
  • TalentLMS supports blended learning
  • It allows businesses to combine online and offline training methods
  • Also, it integrates well with video conferencing tools like Zoom and Microsoft Teams
  • Offline Access
  • Learners can download course materials and access them offline
  • Their progress is synced once they reconnect to the internet
  • This ensures uninterrupted learning

Pricing

TalentLMS offers a range of pricing plans to accommodate different business needs:

  • Free Plan
  • Available for up to 5 users and 10 courses
  • It is an excellent option for small teams or businesses wanting to test the platform before committing to a paid plan.
  • Paid Plans
  • Start at $69/month for up to 40 users
  • The pricing model scales with the number of users and includes additional features as you move up the tiers. 

III) LearnWorlds

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LearnWorlds is particularly suited for those who wish to sell their training programs online. It combines powerful course creation tools with marketing and sales capabilities. It is an ideal choice of LMS for educators and small businesses looking to generate revenue from their knowledge and expertise.

Key Features

  • Course Builder
  • LearnWorlds provides a versatile course builder 
  • It supports various content types, including:
  • Videos
  • Interactive eBooks
  • Quizzes, and 
  • SCORM files
  • The platform is designed to help you create engaging and interactive learning experiences.
  • The course builder allows for the integration of multimedia elements and interactive components
  • This integration enhances learner engagement and retention.
  • Website Builder
  • LearnWorlds includes a built-in website builder
  • This makes it one of the best LMSs for corporate training 
  • It lets users create a professional-looking site without needing coding skills
  • The platform offers:
  • Customizable templates 

and

  • A drag-and-drop editor
  • This tool makes it easy to design and launch your online school.
  • The website builder also supports custom domains and SEO optimization, helping you attract and retain visitors.
  • Mobile App
  • With the LearnWorlds mobile app, learners can access courses on the go.
  • This feature is essential for modern learners who prefer consuming content on their mobile devices.
  • The app ensures a seamless learning experience
  • It allows users to download courses for offline access and sync their progress when reconnected to the internet.
  • Marketing Tools
  • LearnWorlds comes with integrated marketing tools 
  • These tools help you promote and sell your courses
  • Some common examples are:
  • Customizable sales pages
  • Landing pages
  • Marketing funnels.
  • Using it, you can also implement:
  • Upselling and cross-selling strategies
  • Offer discounts and coupons, and
  • Use email marketing to engage with your audience.
  • Analytics
  • The platform provides detailed analytics and reporting tools
  • It allows you to track learner progress, engagement, and course performance.
  • These insights help you understand:
  • What works well?
  • What are the specific areas where improvements are needed?

Pricing

LearnWorlds offers several pricing plans to accommodate different needs:

  • Starter Plan: Priced at $24/month, this plan includes basic features suitable for new course creators.
  • Pro Trainer Plan: At $79/month, this plan adds more advanced features and is ideal for growing businesses.
  • Learning Center Plan: For $249/month, this plan is designed for larger organizations with extensive training needs.
  • High Volume & Corporate Plan: Custom pricing is available for enterprises with specific requirements.

Each plan offers a 30-day free trial. Using it, you can explore the platform before committing to a subscription. 

IV) Absorb LMS 

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Absorb LMS is another employee training LMS, which provides comprehensive learning solutions for:

and

  • Small to medium-sized businesses

It focuses on using smart administration tools and engaging content to facilitate effective learning and training experiences

Key Features

  • AI-Powered Learning
  • Absorb LMS leverages artificial intelligence 
  • It offers personalized learning experiences that include AI-driven content recommendations
  • These suggestions help learners discover relevant materials based on their interests and learning history.
  • The platform's intelligent ranking and contextual learning tools enhance the learning experience
  • Content Libraries
  • The LMS provides access to extensive content libraries
  • It allows administrators to curate a diverse range of learning materials. 
  • This includes 
  • SCORM and xAPI files
  • Videos
  • PDFs, and
  • Other multimedia content.
  • Users can easily upload and organize their content
  • This way they can create a rich repository of learning resources
  • E-Signatures
  • For compliance training and certifications, Absorb LMS supports e-signatures.
  • This feature ensures that learners can electronically sign documents
  • It must be noted that e-signatures are particularly useful for industries that require:
  • Stringent documentation 

and

  • Compliance tracking
  • Mobile App Support
  • Absorb LMS offers a robust mobile app
  • It allows learners to access training materials anytime, anywhere
  • The app supports offline learning and allows users to download courses and sync their progress once they reconnect to the internet.
  • Mobile access ensures that learning is flexible and can fit into the busy schedules of professionals and students.
  • Engagement Tools
  • The platform includes various tools to boost learner engagement, such as:
  • Gamification elements (badges, points, leaderboards)
  • Social learning features, and
  • Discussion forums.
  • These tools create a collaborative learning environment
  • Also, they motivate learners to participate actively in their training programs.

Pricing

  • Absorb LMS does not offer a standard pricing model
  • Instead, pricing is customized based on the specific needs and requirements of the organization. 
  • Interested parties need to contact Absorb LMS for a tailored quote.

V) Docebo

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Docebo is a great LMS for small businesses designed to enhance learning through AI-powered personalization. It’s particularly well-suited for organizations looking to use technology to improve the effectiveness and engagement of their training programs. 

With a strong focus on social learning and eCommerce support, Docebo helps businesses not only deliver training but also monetize their learning content.

Key Features

  • AI-Powered Learning
  • Docebo uses artificial intelligence to tailor learning experiences
  • Commonly, this includes recommending courses based on:
  • User behavior
  • Learning history, and
  • Preferences.
  • The AI engine curates relevant content for learners
  • It ensures they have access to the most applicable and useful resources
  • Social Learning
  • Docebo’s social learning module facilitates informal learning and knowledge sharing among users
  • This includes features like:
  • User-generated content
  • Discussion forums, and
  • Social feeds.
  • Also, learners can interact with peers and instructors.
  • This interaction enhances the overall learning experience through collaboration and discussion.
  • eCommerce Support
  • Docebo provides tools to sell courses online
  • This includes a fully integrated eCommerce platform that supports:
  • Multiple payment gateways
  • Subscription models
  • Promotional codes
  • Also, businesses can bundle courses and offer discounts to enhance sales strategies and attract more learners.
  • Integrations
  • Docebo integrates with a wide range of business tools
  • Some common examples are:
  • Slack
  • Zoom
  • Salesforce, and more
  • These integrations help streamline workflows 
  • Also, it ensures that learning is seamlessly integrated into daily operations.
  • The platform provides extensive API support for custom integrations
  • Owing to this support, businesses can connect Docebo with virtually any system.
  • Mobile Learning
  • Docebo offers a robust mobile app
  • It supports on-the-go learning
  • Learners can use their mobile devices to:
  • Access courses
  • Track progress, and
  • Engage with content from their mobile devices.

Pricing

  • Starts at $25,000/year
  • Docebo’s pricing is on the higher end which reflects its advanced capabilities and extensive feature set
  • Further, this cost varies based on the number of users and specific features required

VI) iSpring Learn 

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iSpring Learn is a corporate LMS for effective employee training. It focuses specifically on delivering effective training solutions with a:

  • Straightforward interface 

and

  • Robust set of features

It is designed to meet the needs of small businesses that require an efficient way to develop and manage engaging training programs. The platform is known for its ease of use. This makes it accessible to businesses without extensive technical expertise.

Key Features

  • Role-Plays
  • iSpring Learn offers role-playing scenarios to simulate real-life situations
  • These simulations help learners practice and refine their skills in a controlled environment.
  • Additionally, trainers can provide instant feedback on performance
  • This instant feedback helps learners improve and gain confidence
  • Video Lessons
  • The platform supports video lessons
  • It allows trainers to incorporate rich multimedia content into their courses
  • Also, iSpring Learn allows for the creation of interactive video content where learners can engage with quizzes and other interactive elements within the video.
  • Automated Notifications
  • Automated notifications ensure that learners and administrators are always informed about important events, such as:
  • Course completions
  • Upcoming deadlines, and
  • Required actions
  • Notifications can be customized to suit the specific needs of the organization
  • Interactive Quizzes
  • The platform includes tools for creating interactive quizzes and assessments
  • It allows for using multiple question types such as 
  • Multiple-choice
  • Drag-and-drop
  • True/false questions
  • Learners receive instant feedback on their quiz results
  • This helps them to identify areas for improvement and reinforce learning.

Pricing

iSpring Learn offers competitive pricing starting at $2.99 per user per month. Also, this affordable LMS platform provides scalable plans that can accommodate growing training needs. So, with this LMS you can start small and expand as your requirements increase.

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How Can Organizations Choose the Right LMS?

Choosing the best LMS for corporate training is a tough choice. It requires careful consideration of various factors so that the chosen LMS aligns with the organization's goals and technical requirements. Let’s see in ten simple steps how you can choose the right LMS for providing corporate training to your employees:

Step I: What are your business goals and requirements?

  • Start by understanding the primary goals of implementing an LMS
  • Some common examples are:
  • Employee training
  • Compliance with established US laws
  • Certification
  • Employee onboarding
  • Professional development
  • Next, list the specific features and capabilities needed, such as:
  • Course authoring tools
  • Mobile Accessibility
  • Reporting Capabilities, and more

Step II: Take inputs from your stakeholders and shortlist

  • Choosing a perfect LMS is a collaborative choice
  • It commonly involves key stakeholders from various departments (HR, IT, training, and development)
  • For a perfect choice, gather comprehensive requirements from all these stakeholders
  • This ensures that the selected LMS meets cross-functional needs

Based on the information gathered in Steps I and II, shortlist LMSs that can serve your business needs. 

Step III: What features and functionalities are offered by the LMS?

  • Assess the core features of the shortlisted LMS, such as
  • Course management
  • User management
  • Assessments
  • Certifications
  • Gamification
  • Always look for advanced capabilities like AI-driven personalization, social learning, and eCommerce support. 
  • Evaluate the user interface and ease of use for both administrators and learners.

Step IV: Is the LMS compatible with other software?

  • While choosing the best LMS for corporate training, it is important to ensure that the software can seamlessly integrate with existing enterprise systems such as:
  • HRIS (Human Resource Information System)
  • CRM (Customer Relationship Management)
  • ERP (Enterprise Resource Planning)
  • Other software used within the organization.
  • Also, check if the LMS provides robust API support for custom integrations.

Step V: How scalable is the LMS?

  • Choose an LMS that can scale with the organization’s growth
  • Ensure that it can accommodate:
  • An increasing number of users 

and

  • Expanding content libraries
  • Ensure the system allows for customization to meet specific organizational needs and branding requirements.

Step VI: Is the LMS compliant and secured?

  • Verify that the LMS complies with relevant industry standards and regulations (e.g., GDPR, HIPAA).
  • Assess the LMS’s security measures, including:
  • Data encryption
  • User authentication, and
  • Regular security audits.

 Step VII: How good is the vendor support and training offered by the LMS?

  • Evaluate the level of support provided by the vendor including,
  • Technical support
  • Customer service
  • Training resources
  • Consider the availability of onboarding assistance and training materials
  • This usually helps administrators and users get up to speed quickly.

Step VIII: What’s the associated pricing and expected ROI?

  •  Understand the pricing structure of the shortlisted LMSs
  • Some common pricing models are:
  • Subscription-based
  • Per-user, or
  • One-time fee) 
  • Make sure that the pricing aligns with your organization’s budget.
  • Analyze the potential ROI by considering factors like:
  • Improved training efficiency
  • Reduced compliance risks
  • Enhanced employee performance

Step IX: Perform a trial and evaluate the LMS

  • Conduct a pilot test with a selected group of users
  • This will help you evaluate the LMS in a real-world scenario
  • Gather feedback from the pilot users
  • Make the necessary adjustments based on their experiences.

Step X: Finally, review and decide

  • Narrow down your LMS search based on the above factors
  • Compare the shortlisted LMSs based on:
  • Features
  • Costs
  • User feedback.
  • Make a final decision based on:
  • Which LMS best meets the organization’s needs?
  • Which LMS offers the best value for investment?
  • Which LMS has the best scalability and offers modern features?

Wish to learn more? Also, read our exclusive article on Moodle vs. Canvas: Which LMS is better in 2024?

Conclusion

In 2024, selecting the best LMS for corporate training involves evaluating several leading options. From Calibr.ai to Docebo and iSpring, companies must assess their business needs and requirements before making a sound choice.

Furthermore, it is necessary to carefully assess organizational goals, stakeholder needs, and ROI when choosing an LMS. Recent trends in LMS adoption highlight the shift to cloud-based solutions and personalized learning. Hence, you can select an LMS that best supports your training and development objectives. Do your employees practice workplace confidentiality? It is their legal obligation. Read our exclusive article and learn how you can maintain it. 

Frequently Asked Questions (FAQs)

1. Can Companies Provide Effective Employee Training Using Corporate LMS Tools?

Yes, most US companies use LMS tools to deliver corporate training for their employees. That’s because these tools offer personalized learning paths, interactive content, and real-time tracking of progress. This enhances engagement and retention. 

2. How Much Does an LMS Cost in 2024?

The cost of an LMS in 2024 varies widely, ranging from around $2.99 per user per month for basic plans offered by iSpring Learn, to upwards of $25,000 per year for more advanced systems like Docebo.

3. Which is the Best LMS in Corporate Training?

The best LMS in corporate training depends on the specific needs of the organization. TalentLMS is great for affordability, Docebo for AI-powered learning, and Absorb LMS for comprehensive features and scalability. Ultimately, go for an LMS, which falls within your budget and gives a better ROI.

4. Does Corporate Training Benefit Companies?

Yes, corporate training benefits companies by improving employee performance. Its workforce productivity ensures legal compliance and enhances overall organizational efficiency

5. Does Calibr LMS offer a free trial to its users?

Yes, Calibr.Ai offers a 30-day free trial to its users. During this period, you can use both Calibr Craft and Calibr LMS/LXP without incurring any cost. Start your free trial now!

Sanju Kumari

Sanju has a wealth of experience and expertise in instructional design, bringing innovative ideas and a fresh perspective to e-learning content development. She is passionate about merging technology and creativity for dynamic e-learning. Her passion for creating engaging and effective learning experiences aligns perfectly with Calibr's commitment to excellence. She also enjoys writing about e-learning trends in the corporate world.