With Wave 6 fast approaching, do you have a reliable system for your funding and compliance? We understand that maintaining compliance while juggling daily operations can be a challenge. Tribal can help …
OPTION 1: Complete Learner Management System (MAYTAS)
Maytas is a learner management system that streamlines the day-to-day administration of training, manages courses, monitors learner success rates and much more… Which in turn reduces your administration costs and improves your efficiency. There are three key features of Maytas which we think will be of interest to you as a Bootcamp provider.
Stress-free ILR
To ensure maximum funding for each of your learners you need to submit accurate ILRs.
If your current process or system doesn’t flag errors prior to submitting your ILR to the Submit Learner Data Hub, this will cost you time finding and correcting them which could result in a delay in receiving funding or worse, an over- or under- payment. AND, if not corrected by R14 in October, funds could be lost entirely.
What if you could catch errors at point of entry not submission and reduce this risk? Maytas has a built-in ILR validation engine, managed and maintained by ILR specialists, and provides point of entry ILR validation ensuring you can correct issues before your ILR submission.
Milestone Recording
Milestone payments are a staged funding model for Skills Bootcamps. Instead of receiving a full payment upfront, you receive funding at designated stages of the program, contingent on meeting established milestones. Maytas can support this process by efficiently tracking and recording milestone progress, ensuring that you can monitor achievement at each stage and submit claims based on predefined targets. This helps ensure resource efficiency and promotes the successful completion of the program.
Reporting
Within Maytas data visualisation tools, dashboards and automated reporting puts live information at your fingertips. Our drag-and-drop report generator allows you to build ad-hoc reports across your dataset within minutes. Reports can also be automatically scheduled to be sent to particular users/groups/key stakeholders.
Plus, with Maytas you get more than just product support, you also have access to the Funding and Compliance Advisory Service …
OPTION 2: Funding and Compliance Advisory Service
The Funding and Compliance Service is designed to help Skills Bootcamp providers get ahead in meeting the requirements. Whether it’s generating stress-free submissions, preparing for audit or trying to apply new funding rules, our experts are here to ensure seamless compliance. You can choose the support you need:
- Total compliance: Prepare error-free, accurate data submissions with ease.
- On-demand expertise: Access resources when you need them to handle reporting spikes or staff absences.
- Funding assurance: Navigate complex funding rules with confidence and minimise financial risks.
- Knowledge transfer: New to the sector? Our team will guide and upskill your staff, ensuring a strong compliance foundation.
With Wave 6 fast approaching, optimise your data and protect your funding, book a call to find out more today.