ERP stands for Enterprise Resource Planning. The process helps streamline multiple processes within the domain in a single platform. As the world digitises itself, none of the sectors wants to be left behind in the process. This is where ERP plays its part.
It can be used for various sectors like banking, transportation, and education. It helps to make smarter decisions through data-driven decisions. Various processes, like Human resource management, accounting, budgeting, and sales, can be done together with the help of ERP.
Six basic steps lead to effective ERP implementation-
- Understanding the requirement and planning
- Development of ERP system
- Deployment at the user site
- Feedback and User Support
ERP in the education sector is a critical area of development. It addresses the data needs of various stakeholders, like principals, teachers, parents, staff members, and students, in one place. Managing staff and students, preparing examination reports, fees management, and transportation management become easy with the ERP.
The system provides many advantages as well. All the information is stored in a central server for access at any moment. The fragmented information is unified, a central database helps in efficient analysis, and improved resource management has been seen through the use of ERP.