SCOTTSDALE, AZ -- (Marketwire) -- 02/12/13 -- Parchment, the leader in e-Transcript exchange, ended 2012 with a milestone year in the adoption of e-Transcripts.
Parchment members exchanged a record 1.5 million transcripts through Parchment's services in the fourth quarter, bringing the total number exchanged in 2012 to nearly 2.8 million, which represents 75% growth over 2011. Since inception, Parchment's services have delivered more than 8 million transcripts to universities, associations, employers, state licensing boards and other receivers of transcript data.
A total of 480 schools and universities joined the Parchment e-Transcript network in the fourth quarter, with a total of 1,688 academic institutions joining in calendar year 2012. Parchment ended 2012 with 7,281 member institutions. Additionally, 2,688 non-member (authenticated) high schools or colleges delivered transcripts to Parchment members in 2012.
Parchment's growth reflects the accelerated pace of e-Transcript adoption by schools and universities in the United States. The benefits of e-Transcripts include savings from reduced paper processing, increased operational efficiency from automation and electronic workflows, improved student service, and increased credential security.
Commenting on a recent report on e-Transcripts by Eduventures, Rusty Hartley, principal analyst at Eduventures, noted that while "...there are multiple reasons for schools to adopt electronic transcript exchange technology, the benefits extend throughout the educational value chain and far surpass simple cost savings."
Among the colleges, universities and state education boards adopting Parchment's services in Q4 are: Delaware County Community College, New Mexico State University, Temple University, Columbia College Chicago, and the Illinois State Board of Education.
"The decision to implement an e-Transcript solution was simple because it's a win for everybody involved in the transcript exchange process," said Columbia College Chicago Registrar Marvin Cohen. "Students benefit from the convenience of sending e-Transcripts, and our Records office benefits from a streamlined process, increased efficiency, and reduced postage and paper costs. We chose Parchment based on recommendations and what we were seeing at other colleges."
New high school members include Oxnard Union High School District in Oxnard, Calif.; San Bernardino City Unified School District in San Bernardino, Calif.; and Florida Virtual School, which served more than 148,000 students in the 2011-12 school year.
"We were looking for a solution to provide our students with quicker, more accurate service that streamlines the transcript exchange process, and that's exactly what Parchment delivers," said Melissa Ostrowski, counseling department coordinator at Penn Manor High School in Millersville, Pa. "Students, parents and counselors can now view the confirmation process online, rather than constantly following-up to see if a transcript has been received. Implementing Parchment removed six steps from our former process."
Most Popular Stories
- 15 Myths That Could Ruin Your Hispanic Ad Campaign
- General Motors Names Mary Barra as First Female CEO
- Cold Dis-comfort: Antarctica Set Record of -135.8
- Obama Delivers Speech at Mandela Memorial: Transcript
- Uruguay Gets Ready for Legal Marijuana
- Oldaker Takes Center Stage at Entrepreneur Awards
- Slow Week Ahead of December FOMC Meeting
- Hispanics Seek to Grow School Board Members
- Russia Says Nyet to Canada North Pole Claim
- 'Knockout Game': Myth or Menace?