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Erp For Educational Institutes
It has been a long held mantra that competition spurs innovation and the same is true in the realm of ERP for Educational Institutes. But in the field of Education, a healthy debate is forming when it comes to weighing the costs and advantages of ERP with that of more affordable workers. It’s a valid point amplified by the huge difference when it comes to labor standards specially in developing nations. No doubt, it’s also one that hangs on the mind of every decision maker who’s weighing the merits of such an implementation.
Comparing Educational Institutions with Corporations
Educational institutions are by their very essences very much akin to corporate entities. They function with a very similar hierarchy, with the university’s head acting as the CEO, a board of regents functioning like a corporate board, faculty and staff molding and acting in unison to create their products: the students themselves. It is this very structure that keeps the educational ecosystem functioning like any modern corporation. As a matter of fact, some educational institutions function with a bigger portfolio compared to even ...
... some Fortune 500 companies. With some universities having populations ranging from 5,000 to 10,000 students, managing it can indeed be a very daunting task.
The Benefits of ERP for Educational Institutions
In this manner, an implementation of an ERP for Educational Institutes could vastly integrate the vital processes that keep any educational framework well-oiled and functioning well. For instance, essential management information such as those pertinent to finance and accounting could apprise the university leadership of which department deserves more focus and attention. This in turn, could inform the university head of important information that could drive the success of the entire organization by allocating the appropriate resources to that department. If such were to be done solely by information gathered from the accounting department and assessed by senior management, it would take a lot of man hours and personnel just to glean that specific information.
Efficiency and Right Timing
ERP for Educational Institutes guarantees that integration with various systems is painless and hassle free. It also equips university leadership with the right tools ensuring their preparedness for any required contingency measures. In such a system, the efficiency derived from the timely allocation of resources frees up much needed resources to be assigned to new projects that may be in the agenda. At the end of the day, running a university or any other higher learning institute is made highly more efficient and responsive with the help of such a system.
Nadeem Jafar is a well known author associated with Eastern Software Systems. He has written many articles for Eastern Software Systems. Currently he is sharing his experience on ERP for Educational Institutes. To know more about ERP software solution please visit: www.ESSIndia.com.
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