Posted On: September 4, 2019

What is learning management software(LMS) ?

Training newbies and ensuring continuous learning in every industry takes plenty of resources in terms of creating, managing, and delivering knowledge equally. There, learning management software can be utilized as one of the legit resources for not only providing knowledge but updating & maintaining overall information flow in the organization. As the self-service trend is rising on customer-preferred channels, a platform like a knowledge management system helps to gain and disseminate information in customer service; LMS enhances the capabilities of agent training, ramp-up time while reducing agent error.

Who needs Learning Management Software (LMS)?

While 93% of L&D professionals preferred to use LMS to boost Employee Engagement, only 27% were able to successfully do so.”

The demand for the learning management system is expanding across organizations. Moreover, the need to train & boost agents’ performance varies among the departments. With the core features of LMS, it can be deployed across different sized organizations and utilized among various teams. Majorly LMS can be utilized by:

Small scale businesses

Small businesses can take advantage of an LMS for specific talent management needs on a simpler level.

Mid markets

Medium-sized companies can utilize their enterprise-driven systems at a lower cost with integrated solutions that meet their talent management needs through a cloud platform.

Large enterprises

Enterprises can benefit from a customized and integrated approach in LMS for agent training and assessment.

What is the Learning Management System (LMS) used for?

In the time we live in, every aspect of our communication has been taken over by technology. Bypassing every year, your L&D department will come to realize that you need a training solution. Such a solution not only will help organize your programs, but it will also assist in keeping your learners’ engagement high with the involvement of gamification, keeping track and reporting as each stakeholder’s development is equally crucial. An LMS can be a great tool to boost your business growth.

Agent training

LMS provides benefits to cut down on agent training costs associated with traditional learning. Delivering training & development by using LMS will not only make your training process fast & easy but you will be able to gain better insights into agents’ progress with integrated monitoring and reporting tools.

Compliance Training And Onboarding

Compliance training is essential in todays’ workplace. Enterprises expect their agents to be able to adapt to their work environment rapidly. What happens though when someone is new in the company or there is a scenario of new product launch services, or products?

By using an LMS, you can help agents to take up courses on compliance training that  increase their confidence, especially when it comes to onboarding and safety training.

Knowledge retention

A knowledge retention program ensures the valuable skills, techniques and information to stay and LMS platform assists in completing this need as you don’t want this valuable information to just sit in some document across departments.

Managing users

A good LMS automates all the actions and allows you to perform changes and updates to multiple items and users. Also useful in documentation, tracking, reporting & administration of training programs that are also used in Learning & Development programs.

Content in one place

The learning management software lets you store all your content in a unified space, reducing the risk of losing important data. Learning management systems are designed to identify training and learning gaps, utilizing data analytics, and reporting.

LMS Monitoring

Data-driven insights that can be derived through LMS, provides valuable insights related to agent productivity and progress. It also comprises reports that include:

1. Course scheduling and content updates
2. Total time spent on quizzes/ tasks accomplishments
3. Active course notifications
4. Most reviewed content
5. User activity reports or content usage
6. Certification analysis

Ending Remarks

By using learning management software, businesses can fasten operations with accuracy, minimize disruptions in the workplace, and personalize training sessions. As agents can be trained at their own pace, online learning modules provide flexibility for the same. Incorporating LMS into your training or orientation routine is a great way to keep track of your agent’s achieving milestones in their training and learning while saving extra expenditures. Knowmax enables a unified space for learning management systems to ensure the smooth running of work for L&D teams to conceptualize the performance benchmarks across departments.