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ROI with Proof Positive ePortfolio

Published: November 30, 2023 | 3 min read

In today’s dynamic educational landscape, optimizing processes and enhancing efficiency are paramount for organizations seeking sustainable growth. Proof Positive ePortfolio offers a transformative solution that not only streamlines qualification management but also delivers substantial cost savings.

Average Savings per Candidate

On average, organisations can realize impressive savings of approximately £700 per candidate, per portfolio, over a 12-month period, based on a cost per portfolio of £28. This estimation is founded on a traditional paper-based model that entails:

  • 2 visits to each candidate per month.
  • An assessor earning £16.50 per hour.
  • The cost of one visit, encompassing assessor time and travel, totaling £28.
  • An estimate of 22 visits per candidate in a year, amounting to £616.

By transitioning to our online platform, these costs can be reduced significantly, resulting in remarkable savings of up to £308 per candidate per annum.

Impact on Assessors in the Organization

In an organization with 10 assessors, each handling 25 candidates, the collective annual savings can be substantial. The potential annual savings for the organisation are as follows:

  • Savings per candidate: £308.
  • Total savings per assessor per annum: £7,700.
  • Total savings for the organization with 10 assessors: £77,000.

Key Findings

The return on investment of our platform becomes evident, even with the elimination of the initial face-to-face visit, considering a cost per portfolio of £28. The benefits encompass:

  • Reduction in assessor time spent on traveling to and from visits.
  • Decreased cost associated with assessor travel.
  • Streamlined administration, including a reduction in printing costs for forms and procedures.

The majority of our customers report a remarkable 50% reduction in site visits, significantly enhancing the efficiency of the entire assessment process. The online advantages contributing to this efficiency boost encompass:

  • 24/7 access for all key stakeholders.
  • Instant access to resources.
  • Progress tracking at a glance.
  • Seamless instant messaging.
  • Swift editing, cross-referencing, uploading, assessing, and verifying evidence.
  • Elimination of the need to wait for face-to-face visits to assess evidence.

Several customers have also noted quicker completion times by candidates, further reducing overall costs.

Unlocking Business Growth Potential

Beyond cost savings, the implications of adopting Proof Positive ePortfolio extend to unlocking potential business growth opportunities. These include:

  • Augmented capacity to accommodate more learners, leading to an increased assessor-to-learner ratio.
  • The potential for additional revenue streams.
  • Comprehensive reduction in organizational costs.
  • Streamlined workflow processes.

In summary, Proof Positive ePortfolio represents a paradigm shift in managing qualifications and certifications. With a strong focus on efficiency and cost-effectiveness, our platform empowers organizations to realize substantial savings while fostering a growth-oriented environment

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