Impact
Benefits at three levels.
Strategic level
- Compliance ready data on demand, for example NCAAA and CHEDS
- Increased brand visibility
Tactical level
- Established good governance
- Organised data control mechanisms
- Optimised manpower utilisation
- Reduced IT costs
Operational level
- Automated most daily activities among students and staff
- Digitised documents and log reports
- Diagnosed workloads of employees
- Minimised data point usage, reducing costs
- On-the-go learning on personal devices (mobiles and tablets), which lowers maintenance of physical libraries, labs and computer labs
Cost comparison
Many systems versus one.
| Cost area | Disparate systems | With SMAX |
|---|---|---|
| Software licenses | Disparate systems for admissions, scheduling, attendance, surveys, analytics, catalogue, exams and grading, student requests | All of these are built into one platform |
| Hardware requirements | Capital expenditure on laptops, computer labs, physical books and magazines, face recognition devices and multiple servers | One server for all, and students' personal mobile devices cover several hardware needs |
| Ongoing maintenance | Many systems and many devices lead to heavy maintenance costs | One system with much lower maintenance cost |
| Resource costs | Technical support, training and development for several systems, with slow turnaround and several SLAs | One dedicated support centre with quick turnaround at lower cost |
1:2.5projected cost-effectiveness ratio
The projected cost-effectiveness ratio is 1:2.5: every $1 spent generates $2.5 in benefits.
SMAX cost-effective analysis (CEA)Funding the platform
SMAX can pay for itself.
Students
Portfolios and personalised learning experiences justify a platform charge. Institutions can add a SMAX component to each term's fees, which generates recurring revenue.
Applicants
The application processing fee can include the cost of the SMAX admission processing module and social media campaigns.
See SMAX with your own data.
Tell us about your institution and we will schedule a demonstration.