Best LMS Software

What is a Learning Management System (LMS) software?

LMS software is an online application used to plan, deliver, and track educational courses and training programs virtually. According to the 2022 Training Industry Report, 89% of US-based corporations and educational institutions used learning management systems to streamline their training and employee development initiatives.

With over 800 LMS solutions in the market, it can be overwhelming to select one that fits your budget and requirements. At SoftwareFinder, we've worked with hundreds of LMS software buyers, and we found that functionality and price are the two most important factors they consider before making a decision.

Our Learning Management Systemss

Here are our top picks:

Absorb LMS

Absorb LMS

77 Review(s)

Canvas LMS

Canvas LMS

1116 Review(s)

Schoology LMS

Schoology LMS

462 Review(s)

360Learning

360Learning

161 Review(s)

Blackboard Learn Software

Blackboard Learn Software

306 Review(s)

SkyPrep LMS

SkyPrep LMS

112 Review(s)

Teachmint

Teachmint

83 Review(s)

CYPHER Learning

CYPHER Learning

88 Review(s)

LatitudeLearning

LatitudeLearning

116 Review(s)

iCohere

iCohere

36 Review(s)

Learning Management System Buyers Guide

A Learning Management System (LMS) is a website (any online platform, really) that disseminates curated teaching materials to its users. With an easy-to-use interface, administrators can manage content, automate tasks, and streamline lessons. In a post-COVID world, it makes for the best way to teach and learn on the internet.  

The said cloud-based software platforms are often likened to a ‘godsend’ for schools and businesses; allowing them to obtain educational content on the go. 

In terms of design motivation, an LMS is made to help people create, manage, and offer online learning programs and courses. It gives students and teachers a place to both learn and showcase their skills remotely – with no concern for the overheads normally associated with traditional didactic settings. 

Users of LMS systems Typically Include: 

  • Companies and groups. 
  • Schools and colleges  
  • Public enterprises 

LMS Users

Administrators 

Normally, ‘Administrators’ (the technical term used to refer to program monitors) are in charge of managing LMS education platforms. Their tasks include overseeing course management, content management, and assigning specific learner groups to detailed learning plans (and tracking their progress). 

Learners 

Learners who log into an LMS can look at their course catalog, complete the assignments and tests they've been given, and track their progress. In addition, the top LMS solutions make it easy for learners to get what they need by streamlining accessibility. 

Benefits of Online Learning Management Systems 

Spend Less on Training 

It's cheaper to buy an LMS software subscription once and to use it for all your training programs than to plan different events (such as conferences and presentations) every time you want to train employees and customers (a course that comes with frequent payments that add up). 

‘Train No Matter How Far’ (Across Distances!)

Thanks to their LMS access, employees who work from home don’t have to miss out on any learning opportunities. As a user, you don't need to spend time and money to get everyone in the same room if they work from home or elsewhere. Virtual LMS training helps build learning programs even when the recipients are stationed far away. 

Update Content Quickly

No longer do your training guides have to be out of date. You can make changes to your training when everything is indexed online. Written materials or in-person presentations are less effective because every time something changes, the author is required to start from scratch with both their design and delivery. 

Boost Retention Rates

Employees value career development. By making an online course library in your LMS app, you can give them a chance to improve their skills. This can be a win-win situation if you take classes that will enhance the company's knowledge and help employees learn new skills or improve the ones they already have without having to switch jobs. 

Track Results

Most LMS platforms measure users' engagement. The metrics for this analysis can be accessed via LMS reports, which often recommend courses based on how well students do on follow-up tests and assignments. 

Key Features of Learning Management Systems

Artificial Intelligence (AI) 

LMS platforms are powered by AI engines that help learners get the most out of their educational experience by giving them the course formats that work best for them. They also suggest courses related to the ones subscribers have already taken. 

Course Management 

The best Learning Management Software apps let you create and manage courses, put them into categories, sign up users, and get reports both quickly and easily. This way, your admins don't waste time on tasks that computers can execute more quickly.  

An automated LMS makes it possible to manage courses in one place, where users can create classes, assign them, send notifications, change layouts, upload course materials, and manage them without much effort. They can also sign up a large number of subscribers at once, set up advanced settings/filters for courses, and streamline channels and learning plans. 

Platform Consolidation 

It's annoying to pay for different LMS systems and manage multiple such platforms for other uses (both internal and external). Instead, you can put all your use cases into one LMS when you combine interfaces. This saves you time, money, and extra trouble. 

Automated Admin Tasks 

The Best LMS Software lets administrators automate repetitive or time-consuming tasks, such as putting users into groups, setting up new congregations, deactivating channels, and adding new users. 

Certifications and Retraining 

The best LMS for schools lets you track and manage all certification and retraining activities, such as by managing programs for ongoing training, continuing education, and compliance. 

Gamification 

Online Learning Management Systems make it easier for learners to be interested in all learning activities by letting them earn points, badges, awards, etc. 

Mobile Learning 

The best learning management systems let you access content from your phone, so you can learn better when needed. Content for learning is available anywhere, at any time, and on any device.  

Personalized Learning Paths 

Even if you want to offer a more personalized learning experience, keeping track of hundreds or thousands of students in an LMS app can be taxing. But because different job roles overlap, specific skill sets are shared, and some courses are required for all employees, sequenced learning paths make it easy to enroll people. 

Reporting 

One of the essential parts of an LMS is the ability to track and measure how your work is affected by your learning programs. For example, the top LMS lets you get learning insights from reports and dashboards that you can customize to show how learners use the system. 

LMS Pricing 

Learning Management Software is priced based on users and capabilities. Therefore, more users and more capabilities normally correspond with increased LMS pricing. 

Here, many vendors provide tiered pricing. For example, first-tier consumers may pay a monthly fee so a selected pool of users can access basic platform functionality and services. Consumers can add more users and get more advanced features as the costing escalates. 

Users can also buy a license to own their LMS indefinitely. Software subscriptions are usually timed/framed on a monthly or yearly basis. 

How to Choose the Best LMS?

  • Ease of use: The most accessible LMS platforms require little to no training.  
  • Features: LMS apps offer a broad feature set for organizations and learners. 
  • Customer support: The top LMS platforms offer excellent customer support. 
  • Pricing: Look out for inexpensive LMS platforms that offer flexible pricing. 
  • Scalability: The best LMS platforms are scalable – allowing you to build your learning program seamlessly. 

Frequently Asked Questions

Various industries benefit from LMS software, including education, businesses, healthcare, and more.