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OnBase by Hyland and Parchment, a leader in the exchange of electronic credentials, have partnered to simplify the manner in which schools send and receive student transcripts, accelerating the evaluation process, reducing paper costs and increasing security. The strategic end-to-end transcript solution helps any institution receive, evaluate and import into the enterprise resource planning (ERP) or degree audit systems without manual intervention. Whether an institution receives transcripts on paper or electronically, it can easily receive the transcript and deliver the course equivalency to the student.
The partnership with Parchment enables an institution to receive and process the transcript electronically – whether it is received on paper or digitally. Instead of printing electronic transcripts to manually enter the data, OnBase accepts the digital data and leverages it within the Degree Audit system. This gives students a more accurate view of their degree completion progress, resulting in higher student yield rates, better class selection, faster degree completion and a competitive advantage for schools.
“We are thrilled to improve transcript delivery for institutions worldwide by integrating OnBase’s API into Parchment’s digital credential platform,” said Matthew Pittinsky, CEO of Parchment. “This integration will alleviate the time and stress in processing and releasing transcripts, ultimately improving workflows so that enrollment offices can instead focus on improving outcomes for the students they serve.”
Research shows that transfer students often arrive with three to five transcripts in tow, making it critically important to capture transcript information and accurately process transfer credits, helping students save time and money while institutions boost enrollment and provide superior student service.
“We are building comprehensive solutions to meet the most pressing problems in higher education,” said Laurel Stiller, higher education industry manager at OnBase. “This solution will help schools grow their enrollments and put students on a fast track to graduation.”
To learn more about how OnBase captures transcripts and automatically evaluates them, please visit OnBase.com/HigherEd.