It is easy to overlook the LMS reporting requirements when planning and configuring your LMS, even though reporting is one of the most crucial components of your training program. Without proper reporting, you fail to meet compliance requirements, miss out on critical ROI metrics, and lose out on business intelligence metrics and all of these are essential for continuous learning.
Learners can use a variety of reports provided by an LMS to keep track of the status, development, participation, and effectiveness of their courses. In addition to the standard reports, you can also tailor your reports to your company’s needs.
The majority of LMSs have built-in reporting tools. This includes a few common reports, customized LMS reports, and several analytics options. These reports can be sent to the designated person and kept on their dashboard after they log in to the learning management system. Considering the objectives outlined by management, you can also automate different types of reports.
Let’s understand the crucial report formats in detail below:
The biggest investment is going into making an eLearning course. It is critical to understand how satisfied the user is with the content’s quality, presentation, experience, and, of course, the accomplishment of the learner’s objective. It is also a good idea to occasionally get feedback from the learners about their eLearning experience. You can conduct a survey to learn how the learners felt about the course material and how it was delivered. The survey results can also be compiled into a different online report.
Once the training is finished, online learners receive certificates. With the LMS report for tracking certifications, you can keep an accurate record of all the user’s training-related certifications in one place. Each user can be compared based on their certifications, and you can set up email reminders for users who have missed sessions and fallen behind their peers. You can set certification parameters according to each employee’s profile and the group of employees under each department. For instance, the user may receive the appropriate course reminder after completing a certain amount of time in the organization.
Course quality can be evaluated by conducting various surveys and polls around the content and the course. The results of a survey or poll could serve as inspiration for modifying an online course.
If the course is unsuccessful, there may be two main causes: it was not properly advertised to gain attention and it did not meet the needs of the learners. This might facilitate the creation of various eLearning programs that are best suited to the learner.
A learning management software platform, Thinkific, allows innovators to generate, market, sell, and produce their own online courses. Every aspect of the platform can be easily customized to match your brand’s requirements, and it is cost-effective as well. Thinkific pricing is set up in such a way that it varies based on the size of your workforce, making it one of the most accessible and adaptable systems on the market today.
You can choose to edit the entire eLearning course or just the relevant portions of it. When there is a sizable amount of participation, interaction, and knowledge gain, it is a sign that the content is effective.
These LMS reports are essential to have and use. The fact that an LMS streamlines compliance training is one of its main benefits. These reports allow trainers to see quickly and easily which courses are necessary for the company’s compliance training, their status, and the number of users who have enrolled in them. For instance, if one team or department hasn’t finished or even enrolled in a crucial course, they can quickly make adjustments.
Reports On Revenue
If you offer courses to third-party organizations outside of your company, revenue reports are a requirement. For instance, offering courses to franchisees and customers is a frequent business choice that can significantly increase revenue. These reports integrate with other LMS features for e-commerce. They essentially display the number of courses you’ve sold, when you sold them, and the amount of money your sales brought in.
This report identifies the trainees who had trouble finishing and submitting their assessments on time and those who fell behind. They help ensure that recent induction and compliance training has been given to new hires. These reports also assist trainers in helping slower learners and taking action.
Making sure that everyone in your company has access to the required policy documents is made easier with the help of policy reports. You can see every policy document on the platform, who has access to them, and who has agreed to the location policies in this manner.
If you prioritize the aforementioned crucial LMS reporting, your corporate training programs will be successful. These reports must be simple to format, automate, share, and save. The administrator should have complete control over both the data collected and the presentation of a report to provide the organization with the precise data it requires.