Demonstrating ROI for an LMS
I am proposing a learning management system to the company. As part of the proposal process, I want to show the cost savings of the system. However, when I searched online everything I found focuses on eLearning. While eLearning is one cost-saving aspect of a system, we still plan to continue classroom and webinar courses.
How have other people demonstrated the ROI of a learning management system? Does anyone have any templates they are willing to share? In my former position, they already had an LMS and I was switching them to a new provider. It was easy to show the ROI because the vendor was significantly cheaper. Any help is greatly appreciated!