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. What is an LMS RFP?

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Why Moodle?

eLearning Blender

However, when it comes down to it, Moodle met most of the requirements I had listed out and met those requirements at the lowest cost by a long shot. Write an RFP - Writing a request for proposal (RFP) really helps you to analyze what exactly you need in an LMS. Why Moodle?

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Is Your LMS License Model Misaligned? How to Avoid Costly Mistakes

Talented Learning

Throughout the last month, I’ve reviewed 12 RFP responses for 3 different LMS business scenarios: association learning, commercial training and corporate channel/customer education. The cost remains the same for each active learner whether she interacts once or a thousand times.

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

Talented Learning

“How much does an LMS cost?” The license cost can be front loaded in year 1, grow with you or be contractually consistent over time. Most vendors think they are priced too high or too low and they are right. A perpetual license is a capitalized cost and paid up front.

10 Ways to Lose at Selling Learning Systems: For LMS Vendors

Talented Learning

Then we recommend 4 highly qualified, matching vendors to evaluate in a formal RFP process. The reasons why they buy and don’t buy are often subjective are much deeper than any feature, function or cost. LMS vendors, I owe you a post.

Your Roadmap to the World of Modern Learning

Degreed

You need a strategy that will reduce risk, be seen as a positive change in the organization, and cut costs for re-education, integrations, and migrations. Degreed can integrate disparate HR and L&D systems quickly and at low cost. Reduce training costs. The RFP and implementation process for an LMS is lengthy, which leaves employees without an engaging learning experience for at least 18 months. Degreed can also help find lower cost or free resources.

Continuing Education: Will You Sell More CEUs With an LMS?

Talented Learning

It can be offered as a low-cost option for buyers who must clear the requirements bar. 5) License and Cost Misalignment. Employee “ named active user ” licensing and cost models don’t align with the rotating, unpredictable learner flow in a commercial LMS.

Top LMS Industry Facts of 2016

iSpring Solutions

Top reasons why clients choose a cloud LMS: Quicker deployment; No technical resources are required; Low initial investment; Scalability. Only 1% of all LMS implementation fees are at a cost of more than $50,000. Shared. The LMS Industry is rapidly growing and developing.

18 Top Learning Systems Trends to Watch in 2018

Talented Learning

Decades of expensive LMS solutions gave way to a pricing revolution over the last 10 years, as cloud computing paved the way for low-cost LMS competitors that drove the overall price point down. Decreased new store/dealer onboarding costs. When and how to use an RFP (or not).

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Ultimate eLearning terms you should know: Part 2 (M-Z)

LearnUpon

Companies should be wary of the value a “free” learning platform can deliver and alert to the costs quickly accrued in maintaining, updating and supporting an LMS without a vendor. ROI (return on investment): A ratio of the profit accrued by an investment versus the cost of the investment.

Who really wins?

eLearning 24-7

You are willing to spend a lot of time, completing this RFI/RFP, responding to – in some cases – more than 25 pages of this and that; willing to answer perhaps a litany of questions and the pricing – oh that price. . They want low price. Low cost shoppers. Fortune 500, even Global 2000 customers – Even worse, big and well known name – they will want a low price.

Psst. You wanna buy some features?

eLearning 24-7

This is to say that 90% of features most folks seek are nearly universal in a LMS – low cost or otherwise. If you are going to do a RFP, remember the five golden rules: Should be no longer than 8 pages. LMS vendors are continuing to add some very unique features in an effort to set themselves apart from the competition. These expand past the standard feature sets, which I call 90/10.

The Ultimate Glossary of eLearning Terms

LearnUpon

One benefit of a cloud LMS is that it’s quicker and more cost-effective to install than self-hosted learning solutions. Despite its initial low cost and apparent flexibility, Moodle’s is actually quite expensive to maintain and adapt over time. RFP (Request for Proposal).