2. 1. The education sector has its own opportunities and
challenges. The biggest challenge of this sector is to
fulfill the education requirements of students
according to today’s challenging environment.
2. ERP system has a huge potential towards streamlining
the flowing activities in the departments inside the
boundaries of an educational organization. Thus ERP
as an incorporated business solution, collects all the
data relating to the internal and external activities of
an educational organization.
3. 3. Today’s era is of technology and computer era. No field
has been deprived off from the ICT (information and
computer technologies). Education sector is not an
exception.
4. In essence, ERP is a customized software that operates
all the organizational activities like – accounting and
auditing, financial activities, HR and payroll,
administrative and organizational etc.
5. That is why the ERP solutions are very well implemented
in countries like – Australia, India, Gulf countries and
Mauritius. Today the companies are still ready to
produce approximately 5-6% of their annual budgets on
ERP implementation ( as per Panama Consulting report
- 2016).
4. Pilot survey and
pre selection
planning
GAP analysis
ERP project
reengineering
Staff Training
Testing and
Implementation
5. • The scope of cloud ERP can be found from the fact that in
2016, 30% ERP systems were based upon cloud based ERP
system.
• The desired amount of data can be accessed at any time,
anywhere even from any smart phone/tablet or desktop
device.
• Cloud based ERP software are basically offline
centralized server/client based systems which are made
towards increasing the operational efficiency of an
educational organization.
6. • For example – LITEROM is developed by Dreamteam Corporation
which is a cloud based ERP software, which collects data regarding all
the entities regarding to an educational organization like – alumni,
parents, teachers and students.
• LITEROM is based upon real time data collection, which helps in
predicting the forecasting trends and helps in real time decision
making.
• This ERP software is beneficial for schools, colleges and university
data collections by its different modules . The user interface is very
reliable, interactive & user-friendly so that even a computer literate can
operate this software after a objective training.
7. • Student, enrollment and fee handling
• Examination & result management system
• Human resources and payroll system
• Library management system
• Account and audit management
8. • Cut down the requirements of hardware and network
costs.
• Anytime, anywhere 24 X 7 data access facility.
• Integrated with security features and biometric facility.
• Protected by network firewall facility.
• Operated on highly efficiency servers.
• Lowest possibilities of data entry errors.
9. Today many ERP software like – SAP, Epicor, LITEROM
especially for educational schools and universities are
available, which are helpful in providing customizable
automated, error free and smooth environment to the people
as employees, administration and management level so that
they can provide focus on their central goal to uplift the
standards to their working.