Learning Management System Vs. Training Management System: What’s Right For Your Organization?
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A skilled lineup of staff is an effective one, hence why corporate training is always in high demand. Companies administer training to not only onboard employees and help management but also help customers get the most value out of a product or service.
Thanks to advancements in Internet-based software delivery, two new technologies known as learning management systems (LMSs) and training management systems (TMSs) have made getting the training you need easier and more efficient than ever.
Giving your business the premium, industry-relevant content it needs is vital to its success in a competitive landscape. As any HR team member or manager in general, you need to know the difference between a learning management system and a content management system.
Which option works best for your organization and why? Let’s talk about the distinction and why the two concepts are so important.
How Are They Similar?
We first need to define what encompasses a cloud-based management system. Both TMSs and LMSs aim to help instructors virtually organize course content, which can range from PowerPoint presentations to PDF documentation and video conferencing features.
It also assists in administrative tasks regarding the course such as budgeting for materials and making sales if you’re selling the training program to clients.
The integration with the cloud ensures that the materials are available from any location at any time. Users don’t have to travel either once everything is accessible from any Internet-enabled device.
TMS vs. LMS
Both TMS and LMS are common names to hear if you work in corporate education. Companies need them to administer exclusive business-grade training. Both will give you a competitive advantage but in different ways.
What Is an LMS in Training?
A cloud learning management system is a type of Software-as-a-Service that lets you personalize learning environments for individual participants. It’s essentially an Internet classroom that can contain multimedia elements like images, videos, and interactive quizzes.
An LMS virtual lab attempts to achieve multiple tasks related to corporate training:
- Creating the course and hosting all the required content
- Delivering the course online so that participants have easy access remotely
- Enabling communication and collaboration amongst users and instructors
- Collecting performance metrics
A cloud LMS also has several advantages over a traditional brick-and-mortar classroom approach:
- LMSs are typically self-paced, allowing its users to engage at their own leisure and fit the class into their busy schedules.
- LMSs are simultaneously engaging since instructors can still interact with participants directly using online chat or video conferencing.
- Knowledge retention is more likely thanks to interactive elements and visuals.
- Feedback from quizzes is instant, and an LMS can collect progressional data to help you gain insights into the success of your course.
A TMS aims to achieve the same goal of efficient corporate education. However, the tasks it covers differ.
What Is a TMS?
Businesses use cloud-based training management systems to handle the commercial aspects of learning programs. Such a system aims to:
- Accept participant registrations
- Promote classes to potential users
- Manage dates of session meetings
- Analyze logistics and delivering necessary materials
- Give out notifications regarding possible delays, cancellations, or transfers
- Manage invoices and taking payments
- Track key performance indicators for your business to see whether the course is achieving its goals
A TMS is just as important as an LMS for organizations looking to sell the class as a service, especially to clients. Thanks to some automated training management systems, you can handle the sales cycle efficiently.
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