Conventional methods of providing training employees of an organization had some expensive prerequisites, for instance, hiring an expert or hosting a face-to-face seminar.
Moreover, employees are distracted away from their assigned jobs when they are asked to get involved in the training, thus disrupting the services of the company, hence increasing the cost furthermore.
With the availability of cloud-based LMS, many of these issues have been solved. More small businesses are opting for LMS because of its cost-effectiveness, time-saving features, and the ability to create personalized training modules.
There is a myriad of Learning Management Systems that give employees a chance to get trained at their own pace, own time, own device, and without having to commute to any certain spots because it’s virtual. Tracking data and curating reports will also give you a chance to monitor employees and provide them feedback.
In this article, you will read about the top five LMS for small businesses that will not burn a hole in your pockets.
Top 5 budget-friendly LMS for startups
This cloud-based service is preferred for its customizable solutions for employee training. Giving your employees an opportunity to complete their training in their preferred location, be it in class or at home, Litmos is perhaps one pocket-friendly software that small businesses can consider investing in.
Litmos offers a plethora of features and benefits which has made it a popular software amidst 1,000,000+ users. This system gives one the capability of checking the effectiveness of their training along with monitoring sales activity using SalesForce.
Inquisiq r4 is a Learning Management System that has been specifically designed for curating courses to sell online, apart from allowing corporate training to function smoothly. This LMS allows the corporates and other training providers to design, brand, and trade courses.
Inquisiq r4 pricing follows the model of free trials and subscription, making it a preferred option for small businesses that are working on a budget. The feature of automation that one can get with this software provides significant administration time savings.
Articulate 360 LMS is a cloud-based service that gives users a chance to create customized interactive courses without tweaking anything manually. This Learning Management System is also ideal for beginners who wish to create a fully responsive course for every screen size within a matter of minutes.
Articulate 360 pricing is on the basis of a set-free structure. This means that this tool follows the easiest and most convenient pricing model i.e. subscription-based. This LMS offers two apps, namely Storyline 360 and Rise 360, that help users create interactive and responsive courses, respectively.
Absorb LMS is that budget-friendly, cloud-based platform that makes training and learning accessible on any device. The features that Absorb LMS offers are most ideal for businesses who are in search of e-commerce and social learning options.
Absorb LMS helps a business make a decision after taking a free trial and then offering the subscription pricing model, thus saving costs. It also automates several processes that help in saving time of the admin. This is what makes it a great budget-friendly LMS for small businesses.
Unlimited storage is perhaps the best thing about this LMS. Docebo is a modular LMS that gives users an opportunity to develop courses and sell them online using the eCommerce app of the service. The system also has its own mobile app which can help your learners use Docebo from any screen size.
The use of gamification design, offering the subscription pricing model, and the feature of its integration with third-party systems is what makes Docebo one of the popular budget-friendly options for small businesses.
When it comes to the list of top budget-friendly LMS for startups and small businesses, there are plenty. If a small business can invest time and explore these learning management systems, they can easily find the best suitable LMS that align with their business and pocket goals.