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. Shopping without an RFP may seem faster, easier and less complex, but your selection process will be subjective and loaded with assumptions that increase risk. Clients expect me to help them avoid RFP missteps.

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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. Starting out by describing everything you want to use the LMS for in an RFP helps to ensure that you take everything into consideration before making a final determination. Why Moodle?

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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. With 8 total finalists, my head is still spinning from analyzing more than a thousand pages of RFP response documents, sitting through 24 hours of demos and critically (sometimes ruthlessly) evaluating a diverse cast of sales characters as they pitch their solutions. The reasons why they buy and don’t buy are often subjective are much deeper than any feature, function or cost.

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. Despite its low cost and flexibility, Moodle’s weaknesses can make it a costly choice for companies with conflicting needs and requirements. RFP (request for proposal ): Document prepared by organizations to help assess LMS vendors during a selection process.

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.

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. Top reasons why clients choose an on-premise LMS: Low costs in the long run; Security restrictions for storing proprietary data (governmental organizations, banking sphere); Full control of LMS software and data; More customization opportunities. Only 1% of all LMS implementation fees are at a cost of more than $50,000. Shared.

LMS Review: Docebo 7

Talented Learning

Docebo offers a low-cost option, but it tightens breadth and depth of functionality at this level. That translates into higher total cost of ownership (TCO). Docebo offers an enterprise solution for midsize to large organizations so they can cost-effectively implement a scalable LMS solution that adapts to their unique business needs. License Model/Cost. See More Vendors in our LMS Directory. The Docebo LMS has come a long way since we first reviewed it in 2014.

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. We gathered LMS pricing from vendor websites, public RFP results, interviewed buyers and asked the vendors. In follow-on posts we define known pricing tiers in each model and ranges of cost a buyer can expect to pay.

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. It’s wise to map out all the interrelated parts of your CE selling process and use as the foundation for your LMS requirements and eventual RFP. Continuing education is a big business.

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.

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. This kind of holistic business learning strategy has potential not only to pay for itself, but also to transform L&D from a cost center to a profit center. Decreased new store/dealer onboarding costs. When and how to use an RFP (or not).

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. Although this movement away from Flash will generate cost and complexity for eLearning professionals, LearnUpon offers their customers a number of alternatives including support for HTML5 content delivery. Despite its initial low cost and apparent flexibility, Moodle’s is actually quite expensive to maintain and adapt over time.