7 Reasons Why Every Educational Institution Must Implement ERP Now

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Person using ERP technology for management. Image by FreePik

Information technology has changed the way various industries work. ERP has created a smoother, error-free experience in operations management for hospitality, waste management, construction, and professional services worldwide. And now, the emerging trend is implementing ERP in education.

ERP is a boon for any higher educational institution. It is likely to redefine how educational institutions handle their operations forever. ERP has benefitted various academic institutions worldwide, aiming to improve efficiency, reduce errors, and streamline administrative processes. The software facilitates planning and managing organizational processes in a college or university. You can implement ERP to help with student enrolment, lecture schedule, library management, etc.

Here are some advantages of implementing ERP in your educational institution –

  1. Centralized Data Management – Colleges and universities need to store vast student data, including contact details, personally identifiable information, and payment information. Implementing a college ERP software can organize this data and centralize it to make it accessible to all departments and staff at once. It enables better communication between administrative staff and more accessible updates.
  2. Complete Automation – ERP enables automation of administrative processes, including student admissions, teacher onboarding, attendance management, fees payment, and exams. It also minimizes the effort of data entry, data extraction and provides better data analysis. The administration can use the data analysis provided by the ERP system to make informed decisions for the institute’s day-to-day operations.
  3. Data Security – Almost every educational institution has a tremendous data bank housing personal information about students and teachers. This is valuable data that needs to be protected from data theft and unauthorized access. ERP software enables data protection by implementing different levels of access authorization.

In the digital era, data security is a top priority for everyone. ERP systems can help educational institutions store data over the years and easily access them without fearing cyber fraud.

4. Lesser Paperwork & Better Resource Management – ERP software reduce the manual effort needed in recordkeeping by digitizing and automating the whole process. It makes it simpler to enter information into the database and provides access to all departments at once. Digitizing records with ERP can reduce up to 15% costs by saving paperwork in administration.

A university management system that implements ERP can track real-time inventory and resource usage to optimize resource management. You can allocate resources better, monitor all the activities, and resolve issues better with ERP software.

5. Online Admission Process – Simplify the admission process in your educational institution by implementing ERP and moving the admission process online. Students can fill the application forms online, and all the information can be stored in a centralized database. The software can then be programmed to find students that best fit the admission criteria and enrol them.

6. Effective Communication – Establishing a unified channel for communication on the ERP makes it easy for authorities to send updates and notifications to students and parents. You could also design an ERP software that allows parents and students to communicate with authorities. A smooth channel of communication can make the learning experience better for students and teachers.

7. Cost-Effective – One of the most significant advantages of the ERP system is cost-effectiveness. It cuts down manual efforts for administrative functions such as fees payments, payrolls, admission formalities. When such administrative processes are completed online, it is bound to save time. It reduces the working hours needed to accomplish these tasks and the scope of error. In the end, lesser hours and fewer errors result in cost savings.

By implementing college management software, your educational institution stands to gain a lot more than the above-listed advantages. The topmost benefit is that it allows authorities to focus on improving the quality of education, achieve academic goals, and stay within budget. An ERP software is a centralized system that benefits everyone. It can make administrative processes easier for students, teachers, staff, administrators and parents.

Author Bio:

Arnav Kakkad is a tech enthusiast and a content writer

Arnav Kakkad is a tech enthusiast and a content writer who passionately follows the latest technology in higher education in India and beyond. He works with CollPoll, an AI-powered online platform for digital learning and campus automation, where he develops content on technology, startups and education.

With a knack for understanding audiences and simplicity in presenting ideas, his content connects with people. In his free time, he enjoys reading and discovering new authors. He also goes hiking when he can, to feed his free spirit.

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