Educational institutions are similar in their functioning. At the same time, each college and university has a degree of difference in some way or the other. Initially College management systems were based on manual gathering of data. With advanced ERP software solution, today managing and regulating educational institution is based on college management software system. However, the benefits derived from such a management system are dependent on the ERP software company that has developed it. Mentioned below are a few points in favor of ERP software.
1. Increase the functionality of management: The first thing that ERP software does is to increase the overall functioning of the management. The various departments and modules become more aware about their responsibility as they are supposed to show remarkable performance.
2. Better Student relationship: At the end of the day, it is crucial for a college management to maintain sturdy relationship with students. ERP software generally has a system that allows setting up of a virtual platform that acts as an open boundary campus. As such, students can get all the relevant information about the admissions, fee structure, semester’s examination, and many more on an organized virtual notice board.
3. Advanced functions: Apart from the departments that are already in the college, ERP system allows installation of some exceptional modules like GPS, biometric system, smart cards and many more. However, the management must check with the dealing software company for these modules. Most popular and top ranked colleges are already using such systems.
4. Reduced costs: If we take a close look at the paper work of various colleges, we will find that the costs of processing things on paper are a whopping expenditure. ERP software system enables the management to put everything on software based system, and therefore, the cost of paper based processing is reduced.
5. Real time report generation: ERP software processes data gathered in a fast manner. As such, generating reports from the available data is not a daunting task. Management can use such reports, generally presented in charts and tables, for analyzing the performance of various departments.
6. Transparent accounting: Regulatory authorities always have doubts over the profits generated by the management of a college. With ERP, management systems of any college will reach a new level of transparency. The audit and tax department will have fewer issues about manipulation of accounts.
Is such a system customizable?
While one cannot say this thing for every ERP software system, it is obvious that certain systems are truly worth paying for. There are some software companies that have spent decades to design ERP software. As such, these companies have ensured that the management has no issues in implementation and customization of such systems. A well designed college management software system will come with necessary features and options for high level customization. No matter what is the process of college or university function, the software will ensure the maximum of the enterprise comes under the wing of such a system. Needless to mention, the costs are dependent on the type and function of such software.