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How to Write an RFP for LMS Vendors

Web Courseworks

An RFP, or Request for Proposal, allows you to outline what you are looking for in your ideal Learning Management System vendor and creates a standardized form or checklist for all would-be vendors to follow. A typical software system RFP has multiple sections; once you complete one you like, you can use it as a template for other requests and programs. Some buyers will actually use the RFP sections to “score” vendor written responses or demo presentations.

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LMS RFP Tips: How to Find Your Best Learning Technology Fit

Talented Learning

Is the LMS RFP a Necessary Evil? A Request for Proposal (RFP) is one of the most widely used yet controversial tools for learning management systems buyers. The LMS RFP has developed a bad reputation because it is easily misunderstood. RFPs help buyers get organized, formalize requirements, evaluate vendors logically, create a historical record and show vendors you are serious. Clients expect me to help them avoid RFP missteps. What is an LMS RFP?

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How to Create a Really Good LMS RFP

WBT Systems

You finally got the budget to purchase a learning management system (LMS). Ask around for request for proposal (RFP) samples and send one of them to a dozen LMS vendors? You know the answer already if you read last week’s post : an LMS RFP is not the first step of the selection process, it’s the result of the first step. Only after a thorough requirements analysis process will you have the information you need to create a really good LMS RFP. Submit RFP.

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The 8-Step Guide To Successful LMS Vendor Selection

Dan Keckan

LMS consulting can help you find the right system for your budget and online training needs. This article features a step-by-step look at how to choose the best LMS vendor for your online training program. Learning Management Systems LMS Evaluation LMS RFI LMS RFP LMS SelectionThis post was first published on eLearning Industry.

I Need an LMS. Where Do I Start?

Experiencing eLearning

You can identify your requirements, then send this to vendors to have them show how they meet your needs. The LMS RFP Template from E-Learning 24/7 is another option with a small list of features you might consider.

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Select an LMS Consultant Before Beginning Your LMS Selection

WBT Systems

Or, to ensure you absolutely get the best LMS for your association, hire an LMS consultant to help you with requirements, selection, and implementation. Benefits of Working with an LMS Consultant. LMS consultants have helped dozens, if not hundreds, of associations choose the best LMS for their needs. Consultants draw on their deep experience to ensure you get the right technology for your existing and future needs. How LMS Consultants Help with Requirements Analysis.

How to Choose the Right LMS? Ask a Learning Tech Analyst

Talented Learning

As an independent learning tech consultant, I hear questions like that all the time. 1) When does it make sense to hire a software selection consultant? In fact, nearly 1000 vendors are on our radar! The clock runs out before they can determine which vendors are truly relevant. A good consultant can make the whole process faster, easier and more successful by: Clarifying your needs. Helping you pick the best fit from that shortlist of vendors.

Lessons Learned: LMS Feasibility Study

Petra Mayer

Lessons for the RFP process. There were a lot of lessons that will help to develop a more detailed RFP (Request for Proposal). It will enable the team to identify the ideal vendor based on success criteria which became clearer through the analysis. For example, it would be beneficial to incorporate into an RFP: Keep all criteria of your requirements separate and provide a templated response form for the vendors to complete. Lessons about budgeting impact.

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How to Develop Really Good LMS Requirements

WBT Systems

Before you even think about creating a request for proposal (RFP), you must spend time on the LMS requirements gathering and analysis process. If you don’t get it right, you won’t create a useful RFP or select the best LMS for your association. In addition to your colleagues in the education department, you may also want to consult with staff responsible for accounting, marketing, membership, and meetings. You’re going to need at least a budget range for the RFP.

LMS Ghost stories – The truth will scare you

eLearning 24-7

But what you rarely hear, is something I have often been hearing, which isn’t going from any spirit, rather it is coming from some LMS vendors. A good vendor will take that information and apply it to your demo (you want one), inquire for additional questions if needed – after they have had time to review it – post-call; and most importantly as a cornerstone to your pricing. And let’s go back to that RFP for a second. And where to vendors stick it?

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LMS Selection Roulette: Who Can You Trust?

Talented Learning

Often, these posts have 287 or more responses from LMS vendors, each claiming they offer the best solution, given the overwhelming evidence provided in the original 2-sentence help request. They’ve hit a wall with features that don’t accomplish what a vendor promised. Previously, before a multitude of specialized solutions burst onto the landscape, LMS choices were limited to a handful of “one-size-fits-all” vendors. What budget parameters makes sense?

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Break it down! (No it’s not Hammer Time! Yet)

eLearning 24-7

For whatever reason- okay to try to set themselves apart – some vendors have created the term “training management” Honestly, they could call it “online authoring system with a few reports and no frills” and it would be the same thing. The downside to training management products is the inability to upload any other 3rd party authoring tool or courses from an off the shelf vendor. Why do some vendors have trials and others do not?

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3 Priority Questions for your LMS Feasibility Study

Petra Mayer

Typically, this is done through a “Request-for-Information” (RFI) process or through a “Request-for-Proposal” (RFP). Implementation costs by the vendor or related third party. System integration costs by third party vendors with other systems. Costs for consultants hired to support the project. Consulting (additional cost for consulting and implementation – may be included in licensing fee).

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LMS implementation without frustration

Petra Mayer

Identify each vendor’s fit to these requirements and the investment for their solution. Identify which tasks will be required to implement the various solutions and how the projects would differ between the vendor solutions. Provide specific recommendations for the RFP process. In my work I analyzed the fit of the vendor solutions by calculating a match rate for each vendor and comparing it to a five-year investment. System Implementation Consultants.

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Responding to Requests for Proposals for Learning Projects

Bottom-Line Performance

I often wonder how many hours a client might save himself or herself if their RFP had been put together a bit more carefully. It comes difficult to discern what’s obvious -and what needs to be explicitly explained for a vendor to understand your needs. If you are someone who outsources work to vendors, you can make your job easier - and your vendors’ job easier by assembling a solid RFP - or request for proposal.

Virtual Learning: Rewriting the Playbook in Turbulent Times

Talented Learning

Below are tips and action items from three different viewpoints: 1) Tips for Learning Systems Vendors and Consultants. 1) Tips For Learning Systems Vendors and Consultants. The market clearly needs vendors who specialize in helping organizations efficiently move from one stage to the next – or through the entire migration cycle. • Offer a Path to Extended Enterprise Learning. How large is the budget you previously allocated to live training?

Benay: “Not enough innovation is being developed in Canada”

Trajectory IQ

I thought it might be useful to try and break down the reasons why Ottawa keeps failing to understand how IT projects work and how to go about procuring the right Canadian vendor (tech speak for finding the right Canadian tech partner). They’ll insist that they are under the same rigid procurement or Request For Proposal (RFP) process as any small/medium IT company in Canada. They have an army of consultants that lobby procurement.

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How Can Associations Improve Member Education? Ask a Learning Tech Analyst

Talented Learning

Talk with consultants who’ve helped other organizations retool their learning programs. 7) How can our education programs appeal to younger members on a limited budget? We have a tight tech budget. Bottom-line – technology costs are no longer a deal-breaker for low-budget continuing education providers. Vetting every vendor is impractical. 11) How important is finding the right vendor culture “fit”? When to issue an RFP (or not).

“Not enough innovation is being developed in Canada”

Trajectory IQ

I thought it might be useful to try and break down the reasons why Ottawa keeps failing to understand how IT projects work and how to go about procuring the right Canadian vendor (tech speak for finding the right Canadian tech partner). They’ll insist that they are under the same rigid procurement or Request For Proposal (RFP) process as any small/medium IT company in Canada. They have an army of consultants that lobby procurement.

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LMS License Models: What in the World is Going On?

Talented Learning

” As an LMS research analyst and vendor selection consultant, I get a version of that question often from both LMS buyers and sellers. Many vendors require three year contract s and many more are monthly. Most vendors think they are priced too high or too low and they are right. We gathered LMS pricing from vendor websites, public RFP results, interviewed buyers and asked the vendors. Many LMS vendors offer multiple license model options.

Making The Jump Into eLearning

ICS Learning

These new options have made e-Learning much more achievable for smaller companies with limited resources and budgets. If you develop it yourself, there are many issues to consider regarding the necessary skill sets, tools & technology, and outsourcing and teaming with experienced vendors. This will probably cost less than hiring an outside vendor and may give you more control over the project.

Talented Learning Greatest Hits – 2018 Edition

Talented Learning

3 For LMS Vendors: Why It Pays to Wake Up to Extended Enterprise Learning. We hope that helping learning systems vendors elevate their game will improve their solutions, as well as the relationships they develop with prospects and customers. As consultants, we’ve seen far too many situations where buyers neglected this step, with disastrous results. Learn more in this webinar replay: Choosing Your Next LMS: How to Kickstart the Process with an Independent Consultant.

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Successful Learning Management System Implementation eBook

WBT Systems

To ensure clarity of communication, it is a good idea to nominate one person to be the main contact for the LMS vendor, such as a project manager. The project manager needs to keep everyone focused to avoid scope creep and cost overruns on the budget. To ensure clarity of communication, it is a good idea to nominate one or two people to be the main contacts for the LMS and other vendors. Have you budgeted for all requirements?

LMS Trends: 2018 Mid-Year Learning Systems Market Update

Talented Learning

This new “specialist” technology landscape benefits LMS customers and vendors, alike. LMS vendors aren’t just talking about what’s possible – they’re delivering. Organizations are making purchasing decisions based on boldly redefined expectations, and LMS are vendors rising to those expectations. Over the past decade, as the LMS market ballooned from 12 to 700+ vendors, consolidation became inevitable.

18 Top Learning Systems Trends to Watch in 2018

Talented Learning

Among the more than 700 vendors participating in today’s LMS marketplace, we continue to see a wave of learning solutions designed to solve “niche” business challenges. Despite competitive pressure to keep price points lower, we expect licensing levels to continue drifting upwards, as vendors attempt to demonstrate value-add that differentiates their offerings. Video-centered training is going mainstream and every vendor seems to be pushing new boundaries.

Software Demo Success: How to Present Your LMS In Its Best Light

Talented Learning

If you’re a learning systems vendor , this scenario should sound familiar. Your sales team recently crafted a strong proposal in response to an LMS RFP , and the buyer has given your company a thumbs up. That’s because you’ve been asked to compete with other vendors in a software demo “bake-off.” But after years as a software sales consultant, and now as an LMS selection advisor, I’ve learned how you can significantly improve your chances.

Talented Learning’s Greatest Hits: 2017 Edition

Talented Learning

Since then, we’ve seen an explosion in the number of modern LMS vendors, and in enthusiasm for strategies and technologies that help organizations educate customers, channel partners and other external audiences. How can you navigate the field of 700+ LMS vendors? Other times, we’re inspired by what we hear from our daily hands-on research and discussions with technology vendors, customers and experts in the learning community. What budget parameters makes sense?

Open Source LMS: Hidden Costs for Associations

WBT Systems

This is especially true of associations that may be considering implementing an online learning platform for the first time, or those with a limited budget. However, there are hidden costs when purchasing an open source LMS that may not be immediately apparent at the RFP stage, but should be carefully considered before investing the association’s time and resources into an open-source LMS implementation.

Podcast 19: Customer Education 101 – With Dave Derington of Azuqua

Talented Learning

EPISODE 19 – TOPIC SUMMARY AND GUEST: On our previous episode , we talked about the increasing popularity of customer success programs among high-growth companies – especially software-as-a-service (SaaS) vendors. They needed to streamline their RFP response process. But for startups that need to move fast, you may not have the time or budget. Submit the form below to schedule a free preliminary consultation at your convenience.

Best LMS? 2016 Talented Learning LMS Vendor Awards

Talented Learning

In years past, the same dozen or so vendors competed for all the LMS market share. Nearly every vendor earned its bread and butter by selling to employee-minded buyers in HR. That’s why we founded Talented Learning, an independent research and consulting firm for learning technology buyers and sellers. We have spent the last three years meeting more than 125 vendors — learning who they are, what they do, why they are unique, and who their customers are.