Corporate training has become an essential aspect of businesses in the 21st century, as companies strive to stay competitive and keep up with the constantly changing industry trends.
To ensure that employees have the necessary skills and knowledge, companies often turn to workforce training platforms to provide them with high-quality training materials and courses.
For every 1000 employees, a business can incur costs of up to $13.5 million per year due to ineffective training.
With the increasing number of employee training platforms available, it can be challenging for businesses to determine which platforms will provide the most efficient training for their employees.
Therefore, in this article, we will be ranking the best training platforms of 2023.
This ranking will help businesses make informed decisions and choose the most suitable platform for their needs.
What Is Corporate Training Software?
Staff training software refers to a type of application designed to help businesses train their employees and enhance their skills and knowledge.
It is interesting to note that a vast majority of corporations, around 90%, provide their staff with some variety of online education.
Training software is typically used to deliver training courses and materials to employees conveniently and cost-effectively.
It enables companies to provide training that is tailored to the specific needs of their employees, track their progress, and evaluate the effectiveness of the training.
Such software also provides a range of features and tools to enhance the learning experience, such as interactive multimedia content, gamification, peer learning, and personalized learning paths.
Moreover, it can be used for a variety of purposes, including onboarding new employees, upskilling existing employees, compliance training, and professional development.
Overall, corporate learning software is a powerful tool that can help businesses to improve the skills and knowledge of their employees, increase productivity, and remain competitive in their industry.
Benefits of Corporate Training Courses
Corporate training software offers numerous benefits to businesses seeking to enhance the skills and knowledge of their employees.
Below are some advantages that corporate training courses bring to businesses.
1. Enhanced Accessibility:
Corporate training software facilitates the accessibility of learning materials, allowing employees to engage with corporate training courses from anywhere and at any time. It is particularly valuable in today's remote and globalized work environments.
Traditional training methods can be costly, considering expenses related to travel, printed materials, and venue rentals. Corporate training courses significantly reduce these expenses by delivering training content digitally, saving both time and resources.
3. Personalized Learning:
One of the standout advantages is the ability to tailor corporate training courses to individual employees' needs and skill levels. Adaptive learning features ensure that each learner receives a personalized training experience, leading to more effective skill development.
As businesses grow, so do their training needs. Corporate training courses scale effortlessly to accommodate a growing workforce, ensuring that training remains consistent and efficient.
5. Performance Tracking:
These platforms provide robust analytics and reporting tools, enabling organizations to track employee progress and assess the effectiveness of training initiatives. Data-driven insights help refine training strategies for optimal results.
6. Compliance and Certification Management:
For industries with strict regulatory requirements, corporate training software simplifies compliance and certification management. It ensures that employees meet mandatory training standards and can produce documentation as needed.
7. Reduced Learning Time:
With interactive and engaging learning materials, corporate training courses often reduce the time it takes for employees to acquire new skills and knowledge, increasing productivity.
What is TMS?
A Training Management System (TMS) is a vital component of modern workforce development. This specialized software plays a pivotal role in efficient training management within organizations. With the right training management software in place, businesses can streamline training processes, track employee progress, and ensure compliance with training requirements.
Training management systems simplify the creation, delivery, and monitoring of training programs, making them an indispensable tool for businesses committed to optimizing their workforce's skills and knowledge.
What is LMS?
An LMS, or Learning Management System, is a fundamental tool for corporate training.
It serves as a centralized platform for planning, delivering, managing, and tracking, training and development initiatives within an organization.
LMSs are designed to provide a range of functionalities that streamline the entire training process. LMS examples are Oreed, Talentlms, Docebo, and many more.
How To Select The Best LMS For Corporate Training?
Choosing the best LMS for corporate training can be a challenging task, as there are numerous options available in the market.
Here are some factors to consider when selecting a workforce training platform:
1. Business Needs
Determine your organization's training needs, such as the number of learners, the types of courses, the training goals, and the budget.
Consider if you need a cloud-based or on-premise LMS.
A majority of employees, specifically 92%, believe that their engagement levels are positively affected by employee training programs that are well-organized.
Look for an LMS with features that support your training objectives, such as customizable course templates, assessments, quizzes, gamification, social learning, and analytics.
The LMS should be easy to use and navigate for both learners and administrators. Look for an intuitive interface, mobile compatibility, and a responsive design.
Consider whether the LMS integrates with other systems, such as HRIS, CRM, or ERP systems.
5. Customer Support
Choose an LMS provider with excellent customer support, including technical support, training resources, and ongoing maintenance.
After having a positive customer service experience, a significant majority of consumers, specifically 89%, are inclined to make another purchase.
Ensure that the LMS has robust security measures in place, including data encryption, user authentication, and access controls.
Consider the total cost of ownership, including licensing fees, implementation costs, maintenance fees, and upgrade fees.
By considering these factors, you can choose the best LMS for professional training needs that meets your business objectives and budget while providing a positive learning experience for your employees.
Top Corporate Training Platforms Of 2023
Let’s have a look at the top corporate training platforms of 2023.
Looking for a comprehensive education intelligence platform to upskill your employees?
Look no further than Oreed!
Boost Employee Awareness
With Oreed, you can boost employee awareness and gain a complete 360-degree view of your workforce.
Armed with this valuable insight, you can make informed decisions that benefit both your employees and your company.
Development Of Training And Courses
Not only does Oreed enhance employee awareness, but it also facilitates the development of custom training and courses.
By gaining a deeper understanding of your employees' training needs, you can design effective training programs that help your team members grow and succeed.
Measure The Impact And Effectiveness
With Oreed's powerful analytics and reporting capabilities, you can easily measure the impact and effectiveness of your training initiatives.
This means you can continuously improve your training and development programs to ensure they deliver maximum value.
Take Your Business To The Next Level
Are you ready to skyrocket your business's success? Oreed's ROI promise is here to help!
Our powerful platform delivers a massive 10x increase in customer revenue and engagement, helping you achieve unprecedented levels of success.
And that's just the beginning!
With us, you can also increase employee productivity and improve organizational efficiency, ensuring that every aspect of your business runs like a well-oiled machine.
So why settle for mediocre results when you can experience the game-changing power of Oreed?
Trust us to deliver the best possible ROI for your business, and watch your success soar to new heights!
So what are you waiting for? Book a demo with Oreed today and find out more about our features.
Promote lifelong learning through Oreed by experiencing the most powerful all-in-one training and development intelligent platform that streamlines all your organization's learning, training, and development activities in one place.
TalentLMS is a cloud-based learning management system that offers a range of features for workstaff training LMS, including course creation, assessment tools, and advanced reporting capabilities.
Its user-friendly interface makes it easy to create and manage courses, and it offers flexible customization options, such as branding and white labeling.
TalentLMS also offers mobile support, allowing learners to access training materials from any device.
One of the unique features of TalentLMS is its integration with Zapier, which allows users to connect the LMS to other applications and automate workflows.
3. Cornerstone OnDemand
Cornerstone OnDemand is an all-in-one talent management platform that includes a robust learning management system, as well as features for performance management, succession planning, and compliance tracking.
Its LMS offers a range of features for course creation, including multimedia support, interactive content, and assessments.
It also offers mobile compatibility and social learning capabilities, allowing learners to collaborate and share knowledge.
One of the unique features of Cornerstone OnDemand is its AI-powered skills assessment, which uses machine learning to identify skills gaps and recommend training.
4. SAP Litmos
SAP Litmos is a cloud-based learning management system that offers an intuitive user interface and a range of features for course creation, including assessments, quizzes, and gamification.
It also offers mobile compatibility, allowing learners to access training materials from any device.
SAP Litmos offers advanced reporting capabilities, with real-time analytics and dashboards that provide insights into learner involvement, course completion, and more.
One of the unique features of SAP Litmos is its integration with Salesforce, which allows users to track training data alongside customer data in a single platform.
Docebo is a user-friendly learning management system that offers AI-powered personalization, gamification, social learning, and integrations with various third-party tools.
Its course creation features include multimedia support, quizzes, and assessments, as well as customizable templates and branding options.
Docebo also offers mobile compatibility and a range of features for learner engagement, such as gamification and peer learning.
One of the unique features of Docebo is its Content Marketplace, which allows users to access a library of over 1,000 off-the-shelf courses from various providers.
EdApp is a mobile-first corporate training LMS that offers microlearning, gamification, and analytics features. Its course creation features include multimedia support, assessments, and customizable templates.
EdApp also offers gamification and social learning capabilities, as well as a range of features for learner involvement , such as push notifications and leaderboards.
One of the unique features of EdApp is its AI-powered analytics, which provides insights into learner behavior and performance.
Mindflash is a cloud-based learning management system that offers easy course creation, mobile compatibility, and reporting capabilities.
Its course creation features include multimedia support, assessments, and customizable templates.
Mindflash also offers mobile compatibility and a range of features for learner engagement, such as gamification and social education.
One of the unique features of Mindflash is its automatic tracking of learner progress, which updates in real-time and allows administrators to see which learners have completed which courses.
In conclusion, investing in a corporate learning platform is a wise decision for any business looking to improve its employee productivity, engagement, and overall organizational efficiency.
With so many options on the market, it can be overwhelming to select the best platform for your business.
However, our ranking of the best corporate learning platforms of 2023 is here to help.
Whether you're a small startup or a large corporation, there's a platform on our list that will meet your needs and help you achieve your training and improvement goals.
1. What is the learning trend in 2023?
As we move further into 2023, the trend in learning is shifting towards a more personalized and interactive approach.
Learners want customized learning experiences that are tailored to their individual needs, preferences, and learning styles.
This means that learning platforms and tools are incorporating more artificial intelligence, machine learning, and data analytics to provide personalized recommendations and feedback.
Additionally, gamification and immersive technologies such as virtual and augmented reality are becoming increasingly popular, allowing learners to engage with content more interactively and enjoyably.
Overall, the learning trend in 2023 is all about providing learners with more personalized, engaging, and effective learning experiences.
2. What are the 4 popular types of training?
The four popular types of training are on-the-job training, classroom training, online or e-learning, and simulation training.
On-the-job training involves learning by doing and is usually conducted in the workplace.
Classroom training is instructor-led and takes place in a traditional classroom setting.
Online or e-learning is conducted through digital platforms, allowing learners to access training materials anytime and anywhere.
Simulation training involves replicating real-world scenarios to provide learners with hands-on experience in a safe environment.
Each type of training has its advantages and disadvantages, and the choice of training type often depends on the specific needs and goals of the organization and its employees.