How an LMS Can Help Reduce Your Training Costs
With economists warning of a recession that looms increasingly closer, many companies are battening down the hatches to prepare to weather the storm. This could include a reduction in staffing and other efforts for your organization. If you’re considering ways to reduce your budget, an LMS could help streamline your training program.
Lower Corporate Training Costs
Moving your corporate training away from in-person courses to a flexible online learning management system could help save you money in the long run.
Organizing in-person training involves a great deal of legwork and spending from your team. This can include any costs associated with renting a venue, hiring an instructor, providing paper materials, as well as any employee travel times.
In-person training can also cost your organization in terms of productivity, with employees carving out entire workdays to complete necessary coursework. Even if in-person training is a permanent part of your process, an LMS can help streamline the process of coordinating these courses. Simple’s LMS offers both online and in-person learning modalities.
A more modern, online solution allows team members to fit the training into their schedule ...