Colleges Value for Money Immeasurable Due To Poor Management, Report Perspective

LONDON--()--A committee of MP’s has recently claimed that poor college management is responsible for wasting government funding and hampering its ability to intervene when value for money isn’t being portrayed. However, there are simple and accurate ways in which colleges can keep abreast of their students and funding entitlement says Perspective, the Midlands-based pioneers of real-time learner management software.

The public accounts committee reported that inconsistencies when submitting information about finances and results is preventing the government from evaluating whether colleges are suitably providing value for money. Obtaining ‘value for money’ from colleges is high on the governments agenda not only due to the current economic climate, but also because it also gives an indication to the true benefits that the courses on offer provide its students.

In the recent past, effective college funding management has been a time consuming and complex task which often resulted in the full funding entitlement not being received. Perspective’s funding and student management system, Sunesis, which incorporates its Funding Manager software, provides an easy means of managing all sources of employer responsive funding as well as quality and compliance and ensuring that all funding submissions are 100 per cent accurate and full financial support is received.

Funding Manager also allows for existing batch files to be uploaded as well as the easy production of accurate ILR data analysis, template generated automated ILRs which reduce time spent enrolling learners and enhances accuracy of data and funding predictor, which provides financial profiling and reporting.

Paul Davis, managing director of Perspective, commented: “Filling out funding forms has always been a tricky task that’s easy to get wrong so I’m not totally surprised that the government has found inconsistencies. Funding Manager is however a simple way of defeating this problem. It’s quick and simple to use and is able to give colleges peace of mind that their funding submissions are totally accurate.”

As well as Funding Manager, Perspective’s Sunesis also includes Tracker, which allows student progression and attendance to be accurately monitored, and Qualification Manager, which has been designed to fast track the process of building qualifications by downloading qualification frameworks directly from NDAQ (The National Database of Accredited Qualifications), in a matter of minutes.

For more information about Perspective and its suite of leaner management products, please visit www.perspective-uk.com.

Contacts

Ben Leuty
Ben.leuty@punchcomms.com
01858-411600

Release Summary

Colleges must avoid poor management to ensure government funding isn't wasted, report Perspective

Contacts

Ben Leuty
Ben.leuty@punchcomms.com
01858-411600