What Ways Can an Online Examination Management System Increase Your Profit?

Conducting examinations in institutes is a frequent process for a large number of students. It involves several costs such as paper, classrooms, invigilators, electricity, printing, and others. What if we introduce you to a solution that eliminates all these costs permanently for your institute?

The online examination system helps to conduct exams remotely using a student’s laptop and internet. The students can be at their homes and attempt the exams. Here are a few ways in which an online assessment system increases your profit.

Eliminate Paper and Pen Cost-

In the traditional methods of exam conduction in the institutes, students would have to come to the classroom and write their answers on sheets. However, the online examination system reduces the requirement for pen and paper.

Further, it eliminates all the printing cost that is required to print the question papers. It also reduces the use of paper for giving report cards of evaluation results to the students. This reduces a lot of costs for the institutes as the exams are conducted frequently.

One Time Investment-

The online examination system is a one-time investment for the institute. The system is based on a cloud platform offered by the ERP vendor. There are no subscription costs or maintenance charges required by them. Further, the ERP system does not require any hardware to be installed with it. This saves a lot of space and cost of maintenance.

Further, after a few years, if the institutes make some changes in the system, add or remove courses or want to increase the storage space or scale up, they can just make changes in the existing system and use it in the future.

Reduced Manual Work-

The online assessment software automates all the operations and functions of the institute related to exam management. It digitizes the processes completely and requires minimal human interruption. The system sends invites to all the students over one click for the exam. The teachers can set the question paper online and the system gives random questions to the students.

Further, the software verifies students’ identities during the exam. It also conducts proctoring and monitors the students during the exam. This reduces the manual work of the faculty members. They are free to focus on other aspects like teaching and guiding students in their weaknesses. Hence, the institute can save its expenses by hiring a lot of teachers or people in the institute.

Requires Few Invigilators-

The online examination system monitors the students in run time during the exam. They make use of students’ system cameras and take frequent screenshots of their activities during the exam. Further, the software makes use of remote proctoring technology to avoid cheating or any unfair practices during the exam.

This reduces the requirement for invigilators, unlike the traditional examination method where every class required an invigilator. This reduces the institute’s cost of hiring invigilators and their substitutes during the exam.

Accommodates High Concurrency of Students-

The online examination system conducts exams for a high concurrency of students at one time. The students can attempt exams on low bandwidth of the internet as well. This saves a lot of cost for the institute for electricity, resources, manpower, paper printing, water, and others.

The system sends exam invites to the students in one go and conducts automatic evaluations which reduce teachers’ workload and helps them to help students on improving their learning outcomes.

Storage Space-

The institutes save up on a lot of physical space for storing files, documents, papers, and exam sheets for a large number of students after shifting to an online examination system. The software stores all the student data, exam data, question papers, answers, student feedback, and attendance records for years. It is stored on a cloud platform offering high security of information.

Conclusion-

The online examination system is a one-time investment of high impact and efficiency in the institute. It saves their cost of manpower, paper printing, examination space, and storage space and increases the institute’s profits. The software is secure and highly accurate. It is easy to use and intuitive.