S1-BMS BENEFITS MANAGEMENT SYSTEM

TRANSFORMS SCHOLARSHIP MANAGEMENT

ONLINE STUDENT APPLICATION PORTAL

The S1-BMS solution provides an integrated, streamlined benefit management system that commences with offering and acceptance of scholarships and continues through the benefit lifecycle and automates all core processes to make the marketing and management of benefits more efficient.

Current Challenges 

• Managing the increasing volume of benefit information from diverse funding sources
• Costly, time consuming eligibility assessment lacking transparency
• Existing systems are largely manual with information often stored in disparate systems
• No online enquiry or application system

S1-BMS Supported Business Processes and Software Functions

• Online enquiry and application
• Records all Scholarship Applications
• Intelligent Evaluation
• Transparent awarding
• Manage and monitor scholarship payments
• Funding Source Management
• Intelligent Reporting
• Correspondence management

Business Benefits

• Time spent processing applications is dramatically reduced improving cost efficiency
• Benefit information is online, managed accurately and efficiently improving customer service.
• Online search and student application dramatically improves data accuracy, eliminates the risk of duplication and reduces the time taken to process individual applications and award benefits.
• The S1-BMS online self-service function allows students to independently investigate application status via the Institute’s web site. Student satisfaction is increased and administrative workloads reduced.
• Eligibility criteria stored in S1-BMS means the time to evaluate and process an application is dramatically reduced. Benefits can be granted earlier and with greater confidence.
• Improved transparency of the application and awards process provides customer facing staff with vital information. The processing of applications up to and including the award stage is no longer a “black-hole”.
• The potential for human error involved in the processing of payments is greatly reduced. Payments are accurate and made on-time according to the pre-defined payment schedule.
• Institutes can clearly demonstrate to their funders that benefits granted are consistent with their stated goals lending credence and confidence to this important relationship.

For More Information

Call S1 Consulting & Software Services on +61 2 9887 3980 or click here to dowload more information.

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