Revealed at the company’s annual Leverage Platinum Partners’ Summit, attended by over 100 partners, the technology is also designed to facilitate application tracking while also ensuring effortless student confirmation after each intake.
Additionally, Leverage has introduced a ‘Leverage 1-1-1 Guarantee’ whereby all partner student applications submitted on the new portal will be submitted to the university within a day, with a decision given within one week and commission for agents paid out within a month of refund deadlines.
The company claims that this will solve cash flow issues.
A guaranteed minimum compensation of Rs. 1,000 per day will be credited to the partner’s StudentOps360 wallet in case of any delays, Leverage said.
The Noida-based platform has also introduced advance commission for select universities, where on the 10th of every month a part-commission is paid as advance for partner students who pay a deposit against their tuition fees.
“Leverage Edu is committed to disrupting the status quo,” Akshay Chaturvedi, founder & CEO of Leverage told The PIE.
“We continue to break open a lot of traditional processes that bottleneck our industry.
“The last few years have seen us do this at scale with our direct-to-student offerings, and now, we wanted to extend that same hat to new-age study abroad partners who are building credible student first businesses in different parts of the world.
“Any product innovation that ultimately helps the student choose better, get to the right-fit program, and enjoy a better outcome is a priority for us.”