A corporate learning management system (LMS) is a significant tool that assists organizations in refining their training and development initiatives. It brings numerous advantages, including better employee performance, tracking compliance, and reducing costs. To fully appreciate the benefits of an LMS, it’s important to assess its return on investment (ROI). This metric is vital for determining how effective and profitable your LMS investment is.
By learning how to pinpoint and illustrate the ROI of your corporate LMS, you can effectively show that your L&D budget is a smart investment. Download this eBook to discover what LMS ROI entails, how to calculate it, and the factors that can impact it.