Although many people have heard the term LMS, do they fully understand what it means? What about the impact it can have on an organisation, and its benefits for the company and its employees? We take a look at this in more detail, starting with defining the purpose of an LMS.
What is an LMS?
An LMS (Learning Management System) is a software program that provides organisations with the ability to manage, document, track, report and automate educational content. This can include eLearning courses as well as company policies and procedures.
Through an LMS, organisations are able to keep training content easily up to date whilst monitoring the employees’ progression in their learning. The employees also have guaranteed access to the online knowledge base using digital devices – irrespective of their location.
The impact of onboarding iGaming Academy’s Learning Management System:
Time & Cost Savings:
From a cost savings perspective, an LMS is a great investment. One of the main benefits for employees is that it removes any travel time associated with attending training, as they can access the training online from any location at any time. By removing travel time and costs, the expenses of the facilities and the cost of instructors is also minimised, should the organisation not have the subject matter experts in house.
Many industries, such as gaming, payments, or advertising, are governed by strict procedures and regulations. Companies need to ensure compliance training standardisation, which is something that can be achieved with a good LMS.
With iGaming Academy’s LMS, organisations are able to create and upload their own compliance training, or buy an off-the-shelf course from iGaming Academy’s suite of courses. All of our courses are regularly updated, ensuring staff are always up to speed with the latest information and regulations. Another positive impact of utilising the LMS in this way is that the HR or L&D team can track the completion rates of the assigned courses via reports. This is also results in data that is presentable at audit as proof of compliance.
Having an LMS that lets you store all content in one place allows staff easy access to internal training, procedures, and policies whenever and wherever they are. As iGaming Academy’s LMS is fully compatible with all devices, this provides HR or Learning and Development(L&D) teams with real time information on employee training progress.
Sometimes it can be difficult and time consuming for HR or L&D teams to manage all users and content within an LMS. This is where having a hands on LMS provider like iGaming Academy comes in. We amalgamate all the above points – cost, training accessibility, time, and compliance – and ensure you are provided with dedicated Account and Content Managers. These managers assist in the management of content uploads, training assignment, and training information to make sure employees are always well informed of new or upcoming training.
The benefits of having an LMS are vast, and the intelligent software we offer is worth investing in. As #RGEM2022 focusses this week on Advancing Responsible Gaming With Technology, Why not get in contact with us to set up a demo of iGaming Academy’s LMS, it’s the perfect time to join and invest in knowledge and training!