Market Overview

Parchment Celebrates 10 Million Transactions

Share:

Parchment, the industry leader in academic credentials management, is celebrating a significant milestone. In the last 12-month (LTM) period, the company processed 10M individual credentials requested by learners, including high school students and alumni, GED graduates, and college students and alumni, all looking to turn their education experiences into opportunities.

SCOTTSDALE, Ariz. (PRWEB) February 27, 2018

Parchment, the industry leader in academic credentials management, is celebrating a significant milestone. In the last 12-month (LTM) period, the company processed 10M individual credentials requested by learners, including high school students and alumni, GED graduates, and college students and alumni, all looking to turn their education experiences into opportunities.

In 2011 Parchment was processing one million transactions in a twelve month period. Today, the 10M LTM orders are processed by more than 5,000 K12 schools, 750 postsecondary institutions, 22 GED states and other organizations representing more than 9 million learners. Fifty percent of learners' credentials are delivered to approximately 5,800 registered receivers, including admissions offices, government agencies, employers and background check companies while the other fifty percent were delivered to email or paper mail destinations.

"We're a company guided by a core mission: to help turn credentials into opportunities," said Parchment CEO Matthew Pittinsky, Ph. D. "Our's is a mission that touches most Americans at some point in their lives. We have all experienced the feeling of achieving an education milestone and can reflect on the impact that newly earned credentials, whether transcript, certificate or diploma, has on taking the next life step. Driven by that principle, we've worked hard to make the academic credential more actionable and impactful for the learner and the institutions who serve or recruit them."

Parchment is the most widely-adopted academic credential management system available, allowing learners, academic institutions, and employers to request, verify, and share credentials in simple and secure ways. The platform has helped millions of people and thousands of schools and universities exchange more than 40 million transcripts and other credentials globally. Founded in 2003, Parchment Inc. is headquartered in Scottsdale, AZ, with offices in Roseville, CA, Denver, CO, Grand Rapids, MI, Toronto, ON and Washington, DC. Follow Parchment on Twitter, Facebook and LinkedIn.

For the original version on PRWeb visit: http://www.prweb.com/releases/2018/02/prweb15252375.htm

View Comments and Join the Discussion!