OnBase by Hyland and Parchment Partner to Create a Complete End-to-End Transcript Solution

CLEVELAND – August 19, 2014 – 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.

About OnBase by Hyland 
OnBase is a flexible and comprehensive enterprise content management (ECM) solution that helps institutions manage documents and data to streamline business operations. Integrating with everyday business applications, OnBase provides instant access to critical information when you need, wherever you are. OnBase grows with organizations as needs change and business evolves. 

OnBase is one of most widely used ECM solutions for colleges and universities. To support the higher education enterprise, the flexible, scalable and secure OnBase solution fits specific processes across institutions, from admissions processing and review, including transcript capture and transfer credit evaluation, to AP invoice processing. This end-to-end solution enables institutions to leverage existing hardware investments, integrate with student information systems and alleviate administrative burdens on IT. For more information about OnBase, please visit OnBase.com/HigherEd.

About Parchment
Parchment is a leading technology company allowing learners, educators and employers to request, verify and share credentials in simple and secure ways. The platform has helped millions of people and thousands of schools and universities to exchange more than 12 million transcripts and other credentials globally. Founded in 2003, Parchment Inc. is headquartered in Scottsdale, AZ, with offices in Roseville, CA, Denver, CO, Grand Rapids, MI, Toronto, ON and Washington, DC. Follow Parchment on Twitter and Facebook.