With new standards and regulations for international student recruitment imminent, the responsibility for ensuring training compliance rests with your institution. No government is going to do this for you. That’s why we gathered 4 reasons why it’s important to keep your agents and partners compliant:
Risk Management:
Ensuring your partner agents complete your training helps increase the accuracy of information given to students and decrease the risk associated with criminal and unethical behaviors, such as corruption, data leaks and fraud. Guaranteeing that agents and partners establish a unified protocol helps your institution to reduce the likability of facing these risks.
Protecting Reputation:
Keeping an auditable compliance record of your training efforts assures your integrity and reputation as an institution. Regulators, partners, clients and stakeholders trust organizations that demonstrate their commitment to an ethical and compliant conduct. Not being able to demonstrate your network of agents is fully trained and compliant puts your institution’s reputation at stake.
Financial Safety:
Allocating new and more efficient resources to track your network of agencies and their compliance, your institution can avoid legal and regulatory violations. Compliance tracking contributes to a solid financial stability avoiding expensive legal penalties, disputes and fees.
Competitive Advantage:
Organizations that prioritize compliance agent training show their commitment to business ethics and can attract recruitment partners that cherish the same principles. Compliance gives your institution an essential differential in the marketplace assuring partners and students on the quality of service and commitment you represent.To book a demo or discuss how TrainHub can help your institution meet its training and compliance goals, fill out our contact form or email us directly.