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What is Training Management Software?
A Training Management System streamlines and optimizes the back-office training processes for instructor-led training (ILT) and virtual instructor-led training (VILT). Essentially, training management software provides a more efficient way for training organizations to manage, track, and sell training.
Benefits of Training Management Software
Website: build a website from scratch or integrate a TMS into an existing site
Online registration: accept online registrations and make your shopping cart a stress-free experience
Customer portal: provide a self-service portal for registrants and a company portal for team managers
Organize course logistics and resources: schedule courses, presenters, and rooms
Automate manual tasks: send registration confirmations, reminder emails, and surveys
Manage finances: capture orders, accept payments online, and issue invoices
CRM and record management: store each customer’s upcoming and past training, financials, and sales interactions
Reports and business intelligence: run reports to provide information to make data-driven business decisions
Key Features of Training Management Software
Scheduling and Resource Management Features: This training management system features to ease the complexities of scheduling and managing your instructors and other strategic training resources:
1. Resource management
2. Graphical course scheduling
3. Instructor engagement portal
Operations and Logistics Features: Helping administrators optimize and automate the operations and logistics of training are these must-have training management features:
1. To-do list consolidation
2. Regulation and compliance monitoring
3. Global language and currency support
4. Automated administration
5. Registration management
6. Internal collaboration
7. Audience integration
Financial Planning, and Performance Features: The ability to quantify the value of training and find efficiencies is the reality for today’s training administrators with these features:
1. Training budget management and optimization
2. Sales and profitability monitoring
3. Real-time cost tracking
4. Certification tracking
5. Training plan management
Reporting Features: These training reporting features, help training managers to create meaningful reports, and better understand the data to gain valuable insights:
1. Centralized business analytics and real-time KPIs
2. Fully customizable reports
3. Automated processes and data centralization
Sales Cycle Management Features: For those who manage and sell training as a business, these key training management system features will help to track and manage vital sales activities:
1. Sales cycle management
2. Training catalog and B2B Client Collaboration Portal
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