Challenges in the operation process of a study abroad consulting company
Driven by this demand, countless study abroad consulting companies have emerged to help students reach and achieve their dreams. However, like many other industries, the operations of study abroad consulting companies also face numerous obstacles due to emerging issues.
Additionally, the company's staff must manage both English and Vietnamese information, student files, emails exchanged with international school representatives, as well as many other related documents. Each student registers for a different program, school, and country. With such an enormous amount of data, study abroad consulting companies need to develop a scientific and truly effective management process to control this information and ensure that the consulting and student support process runs smoothly.
For each student’s study abroad contract, the company must manage a significant amount of money. This money must be transferred to various related parties, such as tuition fees for the registered courses, money for opening a bank account in the destination country, flight tickets, processing fees, study abroad documentation, and more. Therefore, the accounting department must be highly professional and cautious in managing and tracking the company’s cash flow and accounts receivable to avoid errors and unnecessary losses. This not only disrupts the company’s business operations but also damages its reputation with students and parents.
