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Hard close is a critical time of year for training providers, and preparation is key to success. In this post, we look at how you can stay ahead.
At the end of the academic year, after the R12 submission in early August, providers must navigate two crucial ILR submissions: R13 in September; and R14 in October.
These submissions are the last opportunities to ensure that your data returns are accurate before the final 'Hard Close,' after which no further changes can be made. Meanwhile, providers must also generate and submit ILR returns for the new academic year, doubling the workload with R01 and R13 in September, and R02 and R14 in October.
How to Simplify Hard Close Preparation
Generate Your ILR with a Click
With Rubitek, generating the ILR is as simple as clicking a mouse. There’s no need for special adjustments, just maintain your learners’ program statuses, and the ILR will always be up to date. This streamlined process ensures you’re ready for R13, R14, and all submissions in between.
Leverage an All-in-One System Rubitek’s integrated platform captures all required compliance evidence automatically, eliminating the risk of errors or missed information. Disjointed systems often lead to data discrepancies, but with Rubitek, your ILR is always accurate, protecting your funding and easing the pressure of multiple submissions.
Rely on Expert Support for Funding Rules Rubitek’s team of experts deeply understands the funding rules and is always available to support you with any questions or requirements. Our platform is the only one that projects funding for the entire duration of all apprenticeships, not just the current funding year. When it comes to financial visibility, Rubitek is unmatched.
Ensure Continuous Data Accuracy Throughout the year, it’s vital to keep your data accurate and compliant. With Rubitek, you’ll have full visibility and real-time insights, so you can confidently manage your submissions, knowing your data is always correct.
Hassle Free Hard Close with Rubitek
Rubitek’s apprenticeship and training management software simplifies ILR submissions and safeguards your funding. Book a discovery call today and let's explore together how we can re-imagine your learning world.
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