A school ERP software is a set of tools that serves as a common platform connecting students, teachers, school administration, and parents. A school Enterprise Resource Planning software is a set of programs that helps to manage the administrative tasks of the school and facilitates better collaboration among the educational institutions and the students. A central dashboard serves as the common point of operations and helps the institution as well as parents to access important information easily.
Currently, the education ERP software is at its nascent stages of growth and adoption. Therefore, the key players at this stage that influences the ERP software solutions market domination lies in its innovativeness and quality. The school ERP software priceis influenced by many factors like the customization facilities offered by them along with their configuration, design, and method of implementation.
In this blog, we will learn what makes ERP software a demanding technology in the education sector today.
Reasons Behind the High Demand for School ERP System
We have jotted down the obvious reasons behind why the ERP systems are experiencing high demand in schools nowadays.
1) Centralized Management System of Information
School and educational institutions have to maintain and manage a lot of students’ information starting from their personal records, progress & assessment reports, attendance records, the status of assignments, and various other data. Such extensive record keeping is made easy with the school ERP software.
ERP software has eliminated redundancies like enormous amounts of paperwork and made the data gathering process a more streamlined and effective process. Course enrollments, fee payments, exam registration processes all have been made a hassle-free affair by the ERP software.
2) Enables Easy Management of Library
The library is one of the most important parts of a school. It is the storehouse of knowledge and plays a crucial role in educating students. Managing libraries of large educational institutions is no longer possible in the old school manner, hence the modern ERP software solutions have solved this problem.
They help to maintain book records pertaining to book issues and returns, keep track of fines and due date misses for book submission, and a lot more.
3) Facilitates Active Involvement of Parents
Earlier, involving parents in the student’s academic life required them to specifically make time from their busy schedules to physically visit the educational institutions. But now parents can access the progress and performance reports of their wards just with one click with the help of the ERP software.
Other than this, parents are notified by the school administration regarding all important school events like PTA meeting timings, sports & annual day celebrations, etc with the help of the ERP solution’s SMS integration module. Overall the operations of the educational system and the students’ performance remains completely transparent to the parents.
4) Better Resource Management
With ERPsystems the education sector has become more efficient in resource management, thereby enabling them to manage the operations of the educational institution with lesser human resources. This ultimately saves time and helps the school manage its budget better.
ERP systems have made it easier to keep track of inventory and resources in real-time and also have made the report generation task a breeze.
5) Helps Monitor Payments
Firstly, making payments is no longer a troublesome task for parents, thanks to the online payment facility of the ERP software. In addition to this, schools are able to keep track of students’ fee details including late payments, maintain records, generate receipts, and also notify students and parents about payment due dates.
Conclusion
In the near future, the demand for school ERP systems is going to grow extensively on a global level. North America is expected to be leading the growth of the school ERP market closely followed by Europe and regions of Asia pacific.