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8 Uses For University Management Software

By Author: Mr. Mukesh Tiwari
Total Articles: 305

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.

University ERP software 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.

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.

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.

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).

Cloud ERP as an emerging trend –

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.

For example – LITEROM is developed by Dreamteam Corporation which is 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 an objective training.

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