Cost Management & Financial Performance

Take control of your training costs & strategically optimize financial performance

Compute, consolidate, and control your training costs and financial performance in real-time with an intelligently-designed Training Management System.

The challenge: You need to manage training costs & improve your financial perfromance

Are you managing training costs manually, having to juggle spreadsheets and track invoices via email without the data you need to make smart decisions? You’re not alone. Many organizations lack control over their training budget and spending decisions, as well as the tools to accurately forecast future expenditures. Improving your training organization’s financial performance often means:

• Developing an appropriate budget for training and development programs
• Deciding where and how to allocate a training budget
• Monitoring and controlling training program development costs
• Forecasting new and future costs of training employees and other activities

However, managing these tasks manually, without real-time data to support important decisions, is time-intensive and error prone.

The solution: Intelligently designed software to better track, control & forecast training investments & needs

Training Orchestra’s intuitive training budget management functionality helps organizations reduce costs by giving you visibility and control over their classroom and virtual instructor-led training investments. Our Training Resource Management System allows your organization to compute, consolidate, and track training costs in real-time. Monitor and forecast training needs while optimizing overall financial performance — all in one intelligent system.

How Training Orchestra empowers you to track & control training costs & accurately forecast training needs

Struggling with controlling your organization’s training budget? These must-have Training Management System features and functionalities will save you time and effort and help you justify the value of your training function.

Gain Clear Budget Insight with Precise Cost Breakdowns

Calculate a precise cost-breakdown per session instead of per learner, and track expenses for each training action. Compute costs based on actual resource usage and participant attendance. Amortize fixed costs such as rooms, instructor fees, etc.

Optimize Your Training Budget Management

Track training costs in real time with custom indicators. Monitor budget, compare expenses to forecasts, and simulate scenarios. Manage invoicing with automated retrieval, mass invoicing, and payment tracking.

Increase Your Sales & Profitability

Manage your public and private (in-house) session ordering process, track customer history and synchronize with your existing CRM to better understand and boost your sales and profitability.

Easily Manage Budgets & Training Plans

Forecast future training volume, both for current employees and new hires, and other critical investments. Anticipate needs by employee, population, project and training course, and arbitrate the forecast expenses to fit within your allocated budgets.

Book a Training Orchestra TMS demo now

Find out how to simplify your complex training operations so you can deliver more training with less:

  • Experience the leading TMS platform trusted by companies worldwide
  • Explore use cases for your organization's specific needs
  • See how to boost productivity for your training delivery team

Continued industry recognition

See why Training Orchestra is the leading enterprise solution for powering ILT, vILT, and hybrid training scheduling and operations.

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