Sunday, February 2, 2014

Implementing ERP in Education system

India has made progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population. India should aspire for the international standard in education. To achieve that goal it should adopt new modern technology and standards in all educational institutions. Many universities have committed considerable time and resources in modifying their curriculum to incorporate Enterprise Resource Planning Systems. For many universities it has been a struggle even though ERP vendors have developed a number of initiatives to facilitate curriculum development. As companies’ ERP system usage has become more strategic in nature, ERP curriculum needs to evolve to reflect and support this usage. Information Systems curriculum in universities has undergone rapid and continuous change in response to the evolution of industry requirements. However, further in-depth research here seems justified in order to provide useful information for practitioners and a research framework for understanding critical factors and how those factors influence ERP implementation.

PURPOSE OF USING ERP IN HIGHER EDUCATION 

Higher education administrators grapple both with the costs and possibilities afforded by enterprise resource planning (ERP) software, a significant feature given an ERP software implementation’s sustained impact on the academic institution. ERP software applications integrate the data processing across the institution and
automate administrative processes like student registration and financial accounting. However, an ERP software implementation stresses a campus under the best of circumstances. Depending upon the organization’s readiness to accommodate change, the implementation creates great turmoil or promotes sustained changes that help the institution better achieve its mission. As an ERP application implementation becomes a way of life rather than a project with a finite end, campus leaders are well advised to identify implementation best practices in order to increase their chances of success. ERP packages are implemented to manage the existing and prospective business plans and policies in an efficient manner under strict deadlines. It can be referred to as the ultimate business solution package that is predominantly concerned with making sure that the available resources of the organization are utilized in the best possible manner and coordinated with the business objectives of the organization. It is crucial that modern day business organizations have a single unified system, which aims at harmonizing its business efforts. This can prove to be a crucial determinant in deciding the scope, area and net results of the organization as a whole, rather than running many different systems that don't work well together. What makes ERP different from any other business solution package is the presence of a single and unified database system. ERP software is as essential to the needs of a business today as food is for living. The more effective implementation and follow-up, the better are the results. ERP software is needed by all modern-day organizations, irrespective of the size, area of operations and business objectives.

Thus, ERP software can effectively change the outlook of any business organization that exists in today's cutthroat business world. Proper implementation of the ERP software is the key factor, which can benefit the growth prospects of any organization.

ERP IN EDUCATION SYSTEM 

Education is one of India’s prime Industries. While its contribution to nation building is well known and widely reported, its importance in terms commercial value is less appreciated. Apart from being among the largest sectors, education sector is also among the fastest growing sectors of the country. With the enviable combination, of large size and high growth, no wonder education sector is among the most attractive industry sectors in the country today.ERP is an information technology solution that integrates enterprise functions such as planning, financials, sales, purchasing, human resources, logistics, customer service, and manufacturing. For universities, ERP is an information technology solution that integrates and automates recruitment, admissions, financial aid, student records, and most academic and administrative services. By some estimates, 7.5 out of 10 or 75% of ERP projects fail, giving rise to a large body of literature. ERP refers to the use of commercial solutions for both administrative and academic purposes by universities. Typical administrative functions may include human resources, accounting, payroll, and billing. Academic
functions include recruitment, admissions, registration, and all aspects of student records. With the stupendous growth of the education sector, educational institutions are becoming increasingly complex organizations. They are no longer institutions limited to education delivery. Educational institutes are confronted with managing a wide range of activities encompassing marketing of institutes to students for admissions and corporate for placements, managing internal operations (like smooth conducting of classes or recruitment and motivation of the human resource viz. faculty and staff), sophistical financial and cash flow planning, co-ordination with regulatory & statutory authorities etc.

Employee Awareness 
  - Involvement 
  - Recognition 
  - Retention 
  - Selection 
  - Training 
Management Change 
  - Commitment 
  - Communication 
  - Consultants 
  - Cost Control 
  - Decisions 
  - Preparation 
  - Project 
  - Risk 
  - Strategy 
  - Support 
  - Vision 
Organization Benchmarking 
  - Culture 
  - Expectations 
System Conversion 
  - Data 
  - Hardware 
  - Legacy 
  - Life Cycle 
  - Realization 
  - Requirements 
  - Scope 
  - Vendor 
Team Cooperation 
  - Concurrent 
  - Environment 
  - Leadership 
  - Testing 

BENEFITS OF USING AN ERP

First let’s consider the main benefits of an ERP system:
 - Improves access to accurate and timely information
 - Enhances workflow, increases efficiency, and reduces reliance on paper
 - Tightens controls and automates e-mail alerts
 - Provides user-friendly Web-based interfaces
 - Streamlines processes and eases adoption of best business practices
 - Establishes a foundation for new systems and integrates existing systems

A main advantage of ERP systems is improved access to accurate and timely information. As presidents, chief financial officers, or boards attempt to understand a university’s overall performance with existing legacy systems, they may find many different versions of the truth. An ERP system creates a single version of the truth because everyone uses the same system. Furthermore, some legacy systems make developing reports or tapping into transaction data stored on the computer quite challenging. Modern ERP systems often improve upon this process by offering a strong foundation for moving to a data warehouse that can provide even more capability to extract data from administrative information systems. Another reason to consider an
ERP application is to improve workflow and efficiency. For example, following completion of online requisitions, workflow processes can forward the form along the approval path more rapidly than with traditional paper methods. This can shorten the time to complete the process, reduce the likelihood of lost or missing documents, and return quick feedback on the status of a request. ERP systems can also improve
controls and program alerts.

Lunar EduERP


Lunar EduERP is powerful, user-friendly and College/School/Education institute management ERP software for managing the complete workflow of an education institute. It is a web 2.0 client server based application which can be installed on any server and can be accessed from any compatible web browsers online or in intranet based upon the implementation technique.
To know more visit: Lunar EduERP.

1 comment:

Sunday, February 2, 2014

Implementing ERP in Education system

India has made progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population. India should aspire for the international standard in education. To achieve that goal it should adopt new modern technology and standards in all educational institutions. Many universities have committed considerable time and resources in modifying their curriculum to incorporate Enterprise Resource Planning Systems. For many universities it has been a struggle even though ERP vendors have developed a number of initiatives to facilitate curriculum development. As companies’ ERP system usage has become more strategic in nature, ERP curriculum needs to evolve to reflect and support this usage. Information Systems curriculum in universities has undergone rapid and continuous change in response to the evolution of industry requirements. However, further in-depth research here seems justified in order to provide useful information for practitioners and a research framework for understanding critical factors and how those factors influence ERP implementation.

PURPOSE OF USING ERP IN HIGHER EDUCATION 

Higher education administrators grapple both with the costs and possibilities afforded by enterprise resource planning (ERP) software, a significant feature given an ERP software implementation’s sustained impact on the academic institution. ERP software applications integrate the data processing across the institution and
automate administrative processes like student registration and financial accounting. However, an ERP software implementation stresses a campus under the best of circumstances. Depending upon the organization’s readiness to accommodate change, the implementation creates great turmoil or promotes sustained changes that help the institution better achieve its mission. As an ERP application implementation becomes a way of life rather than a project with a finite end, campus leaders are well advised to identify implementation best practices in order to increase their chances of success. ERP packages are implemented to manage the existing and prospective business plans and policies in an efficient manner under strict deadlines. It can be referred to as the ultimate business solution package that is predominantly concerned with making sure that the available resources of the organization are utilized in the best possible manner and coordinated with the business objectives of the organization. It is crucial that modern day business organizations have a single unified system, which aims at harmonizing its business efforts. This can prove to be a crucial determinant in deciding the scope, area and net results of the organization as a whole, rather than running many different systems that don't work well together. What makes ERP different from any other business solution package is the presence of a single and unified database system. ERP software is as essential to the needs of a business today as food is for living. The more effective implementation and follow-up, the better are the results. ERP software is needed by all modern-day organizations, irrespective of the size, area of operations and business objectives.

Thus, ERP software can effectively change the outlook of any business organization that exists in today's cutthroat business world. Proper implementation of the ERP software is the key factor, which can benefit the growth prospects of any organization.

ERP IN EDUCATION SYSTEM 

Education is one of India’s prime Industries. While its contribution to nation building is well known and widely reported, its importance in terms commercial value is less appreciated. Apart from being among the largest sectors, education sector is also among the fastest growing sectors of the country. With the enviable combination, of large size and high growth, no wonder education sector is among the most attractive industry sectors in the country today.ERP is an information technology solution that integrates enterprise functions such as planning, financials, sales, purchasing, human resources, logistics, customer service, and manufacturing. For universities, ERP is an information technology solution that integrates and automates recruitment, admissions, financial aid, student records, and most academic and administrative services. By some estimates, 7.5 out of 10 or 75% of ERP projects fail, giving rise to a large body of literature. ERP refers to the use of commercial solutions for both administrative and academic purposes by universities. Typical administrative functions may include human resources, accounting, payroll, and billing. Academic
functions include recruitment, admissions, registration, and all aspects of student records. With the stupendous growth of the education sector, educational institutions are becoming increasingly complex organizations. They are no longer institutions limited to education delivery. Educational institutes are confronted with managing a wide range of activities encompassing marketing of institutes to students for admissions and corporate for placements, managing internal operations (like smooth conducting of classes or recruitment and motivation of the human resource viz. faculty and staff), sophistical financial and cash flow planning, co-ordination with regulatory & statutory authorities etc.

Employee Awareness 
  - Involvement 
  - Recognition 
  - Retention 
  - Selection 
  - Training 
Management Change 
  - Commitment 
  - Communication 
  - Consultants 
  - Cost Control 
  - Decisions 
  - Preparation 
  - Project 
  - Risk 
  - Strategy 
  - Support 
  - Vision 
Organization Benchmarking 
  - Culture 
  - Expectations 
System Conversion 
  - Data 
  - Hardware 
  - Legacy 
  - Life Cycle 
  - Realization 
  - Requirements 
  - Scope 
  - Vendor 
Team Cooperation 
  - Concurrent 
  - Environment 
  - Leadership 
  - Testing 

BENEFITS OF USING AN ERP

First let’s consider the main benefits of an ERP system:
 - Improves access to accurate and timely information
 - Enhances workflow, increases efficiency, and reduces reliance on paper
 - Tightens controls and automates e-mail alerts
 - Provides user-friendly Web-based interfaces
 - Streamlines processes and eases adoption of best business practices
 - Establishes a foundation for new systems and integrates existing systems

A main advantage of ERP systems is improved access to accurate and timely information. As presidents, chief financial officers, or boards attempt to understand a university’s overall performance with existing legacy systems, they may find many different versions of the truth. An ERP system creates a single version of the truth because everyone uses the same system. Furthermore, some legacy systems make developing reports or tapping into transaction data stored on the computer quite challenging. Modern ERP systems often improve upon this process by offering a strong foundation for moving to a data warehouse that can provide even more capability to extract data from administrative information systems. Another reason to consider an
ERP application is to improve workflow and efficiency. For example, following completion of online requisitions, workflow processes can forward the form along the approval path more rapidly than with traditional paper methods. This can shorten the time to complete the process, reduce the likelihood of lost or missing documents, and return quick feedback on the status of a request. ERP systems can also improve
controls and program alerts.

Lunar EduERP


Lunar EduERP is powerful, user-friendly and College/School/Education institute management ERP software for managing the complete workflow of an education institute. It is a web 2.0 client server based application which can be installed on any server and can be accessed from any compatible web browsers online or in intranet based upon the implementation technique.
To know more visit: Lunar EduERP.

1 comment: