All educational institutions are working on improving the learning experience for students. Many of them have already installed Enterprise Resource Planning (ERP) software that is capable of performing multiple tasks in a centralized system in an efficient way. Still, numerous institutes still rely on the manual handling of processes. It is high time that these educational bodies should use advanced school management systems.
What is an ERP Module?
An ERP for schools is a one-stop platform for all the operations in an institution such as fee management, Customer relationship management, etc. Its purpose is to maintain a smooth workflow in big educational institutions and use the resources efficiently. It manages basic business operations for schools, colleges, and universities.
ERP software comes with several modules for specific purposes. An ERP module is an add-on tool with a base application, designed for specific department operations. For example, a customer relationship management (CRM) module has tools for interacting with customers that other modules can’t do.
It is important for the organization to test base ERP software functions first and then choose the ERP modules that are best fit for them. These ERP modules come with an additional cost with base software. So, consider the functionality of different ERP modules.
Different Modules of School ERP Software
Here are some ERP modules, the top five being the most popular:
The Marketing Automation ERP module makes the marketing process easy with various accessories like automatic ROI generation, demo email campaigns, and many more. The Marketing Automation software is designed to cater to each client in a personalized way. It is helpful in customer retention, lead nurturing, and preserving existing customers. Creating a personalized email boosts customer satisfaction.
The Marketing Automation software in a school ERP also comes with a social media marketing tool. Every organization needs social media marketing to increase its reach. It is the most powerful tool for any business to grow by reaching out to potential clients.
Customer Relationship Management (CRM)
Customer relationship management is crucial for the successful functioning of an organization. CRM software can greatly help you deal with customers, and generate leads and sales processes. Some of the CRM features in the modules are contact lists, interaction histories, dashboards for analysis, reporting, and others. These components make sure that the right product or service is reaching the right customer.
For a good start, a contact manager can do most of the work such as keeping records with the customers, that helps you manage your marketing strategy.
More advanced CRM software collects more consumer data other than just names and addresses. It helps in effective communication and optimizing the sales processes.
Features like segmentation can be used for targeting customers through region-specific marketing. It comes in handy in identifying the most potential clients and sales opportunities.
Human Resources is the most important and commonly implemented ERP module because it deals with every department. It contains the information and processes of all the employees. It gathers data from every department without any chances of error or inaccurate information.
If you have an HR module installed in the ERP system then it will be easiest to access other modules like CRM. Management executives and higher-ups can also access this application to analyze the employees. It can help in the decision-making process and in making necessary policy changes.
Financial Management modules are highly in demand with school ERP systems. Accounts or finances are the backbones of any institution. So, this module can help in money management by generating reports, analyzing data, developing budgets, and many more. It has some of the best features like reporting and payroll, accounts receivable and accounts payable, general ledger, transaction security, etc.
It is an essential feature of the ERP system as it takes care of the processes from student onboarding to managing their fee status, certificate, course enrollment, exams, and assignments.
A good school ERP should handle and edit course information, delete courses, add students to courses, and do relevant functions easily.
ERP software is the best in handling the attendance of the students and staff daily and generates monthly reports.
So, these were some important ERP modules that can improve the efficiency of your institute manifolds. Choose the ones that complement your requirements the best. Educational institutions should be the ones to embrace this advanced technology to work effectively in both online and offline modes.