Key features and benefits of virtual training software
A growing number of organizations are turning to virtual corporate training software, like learning management systems, as a powerful tool to drive skill development, adaptability, and performance among their teams.
These corporate training platforms allow businesses to deliver performance-enhancing, relevant training content to employees that encourage skill-building. And it’s no surprise these training platforms for companies like yours are becoming increasingly popular.
In 2022, the Society for Human Resource Management and TalentLMS surveyed U.S.-based HR managers and employees to gauge the state of L&D in America’s workplaces. In that report, employees selected online/self-paced courses as the most popular learning method (70%).
This statistic reflects the expanding role of virtual training and highlights an important trend: Organizations need a corporate training platform to create a culture of learning that addresses skills and knowledge gaps.
5 advantages of virtual training platforms for businesses
Let’s take a look at five advantages of leveraging learning technology to enhance your organization’s operations.
1. Reduce in-person training costs
Traditional in-person training methods can be costly and time-consuming, involving expenses related to travel, venue rentals, printed materials, and trainers' fees. With a business eLearning platform, these costs can be significantly reduced or even eliminated. These platforms allow training content to be delivered remotely, eliminating the need for physical resources and venues.
2. Increase employee engagement
Employee engagement is a crucial factor in the success of any training initiative. Virtual corporate training software offers interactive features such as multimedia content and gamification. These engaging elements captivate employees' attention and encourage active participation throughout the learning process.
3. Speed up time to productivity
Onboarding new employees and bringing them up to speed quickly is a top priority for businesses aiming to maintain a competitive edge. A virtual training platform expedites the learning process by providing an organized, personalized, accessible repository of training materials. New hires can access the necessary resources right from the start, allowing them to ramp up their skills and knowledge efficiently.
4. Upskill and reskill employees
As industries evolve, so do the skills required to thrive within them. Corporate training platforms enable organizations to keep up with the pace of change by offering continuous upskilling and reskilling opportunities. Whether it's adopting new technologies or developing soft skills, employees can expand their knowledge on demand with a virtual training platform that promotes continuous skill-building.
5. Retain top talent
86% of HR managers surveyed in the 2022 Workplace Learning & Development Trends report believe training is beneficial to retain talent. Offering continuous learning opportunities demonstrates an organization's commitment to investing in its employees' development. When employees perceive that their growth is a priority, they are more likely to stay loyal to the company, reducing turnover and associated costs.
By embracing a technology-driven approach to training, organizations can create an agile, skilled workforce that’s equipped to excel in today's ever-changing business landscape.
Key features of the best virtual corporate training software
When searching for the best eLearning platforms for business, consider these features.
A powerful way to enhance your employees’ skillsets is to use an LMS with coaching capabilities. These platforms provide an organized, trackable way for managers to collaborate and create shared accountability plans based on each employee’s area of opportunity. Plus, with a continuous feedback loop, managers can encourage employees to prioritize skill-building as part of their professional development.
Ease of use
A user-friendly interface forms the backbone of any good virtual training software. It ensures users can easily navigate the platform without frustration, leading to a higher adoption rate. Remember, the primary aim of training platforms for companies is to facilitate learning. A complex, unintuitive interface could deter users from fully engaging with the platform. The best eLearning platforms for business emphasize simplicity and intuitive design.
Incorporating interactive elements and gamification brings an element of fun into the learning process. Points, leaderboards, badges, or avatars can create a sense of achievement and friendly competition among learners. This improves engagement rates, boosts knowledge retention, and encourages the practical application of newly acquired skills and knowledge.
Through multimedia content, such as micro-learning videos, eLearning, podcasts, and simulations, participants are more likely to retain information and stay engaged throughout the training process. The dynamic nature of virtual training content caters to different learning styles, fostering a deeper understanding of the subject matter.
In an era of remote work and flexible schedules, offering mobile access to online training platforms for businesses allows employees to learn whenever and wherever it’s convenient for them. With standardized training content accessible to all employees, the platform also ensures consistent learning experiences across the organization.
When a business eLearning platform integrates with other business tools and systems, like your LMS, CRM, and HRIS, it helps streamline and maximize usage. Businesses can consolidate their training data and synchronize it with other crucial operations, enabling a holistic approach to employee development and management.
With sensitive information being shared and stored on corporate training platforms, top-tier security is a must. Elements such as data encryption, regular backups, and compliance with international privacy standards are critical. When you can trust the security of your training platform, you can focus on delivering great experiences to users.
Different people learn in different ways and at different paces. This is why personalization features are key in any virtual corporate training software. With self-directed personalized learning and practice, employees engage with content that’s relevant and interesting to them. This enhances the learning experience, leading to better learning outcomes and increased employee satisfaction.
Analytics and reporting
Virtual training platforms offer businesses a treasure trove of data-driven insights. Managers can monitor learners’ progress, areas of opportunities, engagement levels, and performance metrics in real time. By analyzing this data, businesses can refine their training strategies to maximize learning outcomes and overall effectiveness.
Collaboration and community
Learning is often more effective when it's a shared experience. Features that support collaborative learning, such as discussion forums, can enhance the sense of community among your employees. Social features of virtual training not only aid knowledge retention but also encourage sharing ideas and experiences, leading to a richer, more impactful learning environment.
Prepare your workforce for the future with a virtual corporate training platform
Embracing virtual training platforms for businesses is no longer an added advantage – it's fundamental to your success. Virtual corporate training software will transform how your organization learns, adapts, and evolves, ensuring it remains agile and responsive in the face of market changes.
At Unboxed Training & Technology (Unboxed), we’re committed to helping enterprise-level companies build essential skills in their workforce with industry-leading employee training solutions. Our virtual corporate training software, Spoke®, is a skill-building platform designed to help learners and organizations reach their full potential.
Spoke® takes the concept of Skill Agility® – the ability to rapidly identify and acquire new skills in response to changing business needs – and makes it a reality. Request a demo to learn how your company can leverage Spoke® to prepare its employees for the future of work.
Get a demo to see how Spoke® Learning Technology Platform can turn your organization into a hub for Skill Agility™.