Persistence Market Research Released New Market Report on “Education ERP
Market - PMR Market Insight Report 2016 to 2022”.
Enterprise resource planning (ERP) enables integration of different functions of an
organization in real time to maintain databases and manage these functions
efficiently. ERP systems track business resources such as raw materials, cash,
analyze production capacity and monitor the status of purchase orders, and payroll.
ERP simplifies the information flow between different business functions, and is also
responsible to update priority stakeholders. ERP has seen fast adoption in all the
major industry sectors such as healthcare, manufacturing, retail, and education..
Schools and universities are more intended to concentrate on their core
competency by providing quality education. Thus, education sector is keen to
outsource the complex management process to third party vendors. In schools and
universities, ERP system enables smooth management of student information
system (SIS), payroll, accounting, placement management, transport management,
enrolment and admissions, and others. Furthermore, the need to secure vital data of
organizations and institutions is another factor because of which universities and
schools are considering ERP solutions.
Demand for automated updates and access to student’s information to
authenticated members has forced the institutions and schools to move towards
centralized processing, thus accelerating the education ERP market. Further, the
growth in number of institutions across the globe has added to the rise in
implementation of ERP software in educational institutions. The introduction of cloud
services in ERP systems, has made it further easier for the institutions,...