How ERP is helping in higher education?

A higher education Enterprise Resource Planner oran ERP is a system that helps manage business workflows at colleges and universities. It streamlines the flow of information between all business functions and departments within the institution. It also makes it easier to manage interactions with outside stakeholders.

ADVANTAGES OF ERP SYSTEM IN HIGHER ED

Financial Management: It takes care of finance-related aspects accounts receivable and payable, general ledger, taxation, income/expense, and reconciliation statements as well as other documents needed for accounting purposes. This online system plays a significant role in managing the accounts department of any educational institution. This is a gift of advanced technology and the latest innovations, which has to lead to transform the definition of managing large universities.

Examination and Marking System: Because of proper using the system any educational institution can have the ability to conduct offline and online examinations, generate report cards, differentiate book management, consider student performance, online evaluation, hold mass competitive/entrance exams as well as provide the students with the results. At last, the real benefit of using this system is that without any headache examination and evaluation the process can be done instantly.

Time Table Management System: It enables the creation of both manual and automatic timetables. After the installation of this system, managing the timetable becomes very easy. Automatically system fills the substitute as any teacher or professor is absent. The system guarantees timely updates on faculty substitution and assists in superior management of rooms, resources, and faculty.

New Admission Management System: The admission process is a very lengthy process and most complementary component for any educational institution. This system helps you make the admission process very easy and convenient for both students and university management.

Managing Hostel Properly: It helps track student outings and visitor records thus ensuring discipline. The system enables you to manage your hostel online and with a single button click. It conjointly assists to regulate space facilities, room shifting, and interchanging processes and provides other important logistic support.

Assets and Inventory Check: It allows increasing significantly operational effectiveness and categorizing the assets. You can also clearly mention and keep check on the institution's physical assets and inventory. This program conjointly helps to conduct the wise search of assets location.

Budget and cost control: It reduces your extra expenses in running your educational institution, as it has a function stored which clearly segregate the amount and make a chart saying that how much amount you need to spend on which entity.

Selecting best for Management: Now you can easily equip yourself with the best selections for your educational institution as you have ERP as your best and most trustful helping hand.

Managing Fees: Save yourself from any more loss just because of collecting university fees manually, as this system helps the user to create a special fee the structure according to which fees are often paid weekly, monthly or annually, as the student wishes.

Customized ERP for education industry from Expedien e-Solutions

Talking about our company Expedien e-Solutions, we should say that we always base our work on a personal approach to each client. The development ANd implementation of a custom-made  a version of an ERP system for the education trade will facilitate automatize and integrate enlisting, students’ records, money aids, admissions, and most administrative and academic services. That is why we extremely advise you to develop your own version of the ERP software system so that in future it can help you control your work in a more efficient and proper way.