Future of ERP Business in Education

The education sector in Asian countries has witnessed an immense expansion in terms of the number of institutes and students in the past few decades. The policies and dealings related to a mix of educational functions like admission, teaching, timetable, fee management and examination along with other administrative functions like Payroll, HR, Finance, Inventory & Purchase have grown multiple folds and now keeps on updating frequently. Also, it has been a notable feature that the information technology tools have given innovative solutions to facilitate efficient management of these functions. This trend has brought about a growth in the need of technology-enabled tools at schools, universities, colleges and training institutions to use technology that delivers effective management solutions. Enterprise resource planning (ERP) is one such tool. The combination of ERP system and Online Education Platform in educational institutions is a need of the hour because of the ever-increasing necessity for centralized access to data for smooth & effective process monitoring & management to become an Academic Brand