Compliance is not merely a checkbox to tick off; it's a cornerstone of maintaining the trust and reputation of any educational institution, especially for RTOs.
We sat down with Madi and Jasmine from the aXcelerate Customer Support team to discuss the consequences of poor compliance processes and how aXcelerate offers a solution that makes compliance reporting a breeze.
When compliance processes fall short, the consequences can be dire, affecting the institution's reputation, finances, and overall stability.
Poor compliance equates to an increased administrative workload. Madi noted that “the impacts of having poor compliance processes for an RTO are additional admin hours in having to go through and recheck and correct your data.”
Inaccurate reporting stemming from compliance shortcomings can lead to a series of financial predicaments; including complications in securing funding from governmental bodies or other sources.
In extreme circumstances, insufficient compliance processes can lead to deregistration. This results in a halt to business operations and a damaged reputation, leading to a loss of trustworthiness.
aXcelerate is a comprehensive system built specifically for the intricacies of VET compliance and reporting. The innate integration between the aXcelerate SMS and LMS is what distinguishes aXcelerate and positions it as an indispensable tool for RTOs.
“One of the great ways aXcelerate supports compliance is that it's built into every part of the system. So it is very easy to use the inbuilt pre-validation reporting; you can go through it monthly and just check that you've got all of your data correct. It will give you warnings or errors to let you know, ‘Hey, you need to fix this up’. So it makes it just a seamless part of your process,” emphasises Madi.
This proactive approach aids in identifying errors before they escalate into compliance-related challenges so that your staff are not left in the dark. It proactively notifies users of any data issues, providing warnings or errors, ensuring prompt action to rectify discrepancies. This hands-on approach minimises the likelihood of compliance oversights.
aXcelerate simplifies compliance reporting by offering an all-in-one solution. It consolidates all necessary data for reporting to compliance bodies within the system. This eliminates the need to search for scattered documents or spreadsheets, as everything essential is readily accessible.
“aXcelerate supports compliance reporting by providing an all-in-one solution, so all of the data that you need to report to your compliance bodies is already in a single solution. This makes compliance reporting a more seamless and streamlined process for everyday use,” says Jasmine.
With the assistance of a powerful tool like aXcelerate, compliance no longer needs to be a daunting hurdle, instead, it can become an inherent and manageable part of your RTO operations.
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The Celebrant Institute has experienced transformative outcomes from implementing aXcelerate. Read the case study to find out more.
Mark Paterson joined the Australian Skills Quality Authority in May 2016 as the Commissioner of Regulatory Operations. He assumed the role of Chief Commissioner on 1 January 2017. Previously, he served as Secretary of the Department of Industry, Tourism and Resources (Cth), and later, as Secretary of the Department of Innovation, Industry, Science and Research (Cth). We spoke to Mark about recent changes to the auditing model used by ASQA to assess compliance of RTOs with the national standards.
Martin Powell is the CEO of the VET Development Centre, whose experience working with ACPET and on the National Advisory for Tertiary Education Skills and Employment has established him as a prominent leader in the VET industry. He sits down with Reay Mackay, founder and managing director of aXcelerate, to discuss his experiences in the industry.
