An LMS, or a Learning Management System, is a software application that supports learning in an organization. Learning Management Systems are not just for online training. You can use an LMS to manage and track all types of training, including offline.
LMS software allows an organization to manage curriculum, deliver and manage evaluations, and track the performance of learners over time. They can also be used to generate revenue by selling learning programs online.
A key feature of an LMS is the ability to provide detailed reports on both learner performance and the performance of your learning programs. And when you are selling your training programs, the ability to report on the financial performance of your program is critical as well.