Global Education Institutions – Why is it the high time to implement ERP?

The use of technology is undoubtedly necessary for almost all sectors, and education is not an exception. Considering Covid’s impact, it is a crucial time for the digital transformation journey of educational institutions. Implementation of systems like ERP (Enterprise resource planning) is helping cores of institutions automate all the tasks and operations. 

According to Research And Markets,  the global education ERP market will reach $22.2 billion by 2026. Various advancements in information technology have equipped educational institutions with new innovative tools for handling their operations. Recent enhancements in information technology have equipped educational institutions with new innovative solutions for handling operations. 

Why is mid-2022 and 2023 the peak time for institutions to opt for an ERP?

The global pandemic pushed educational institutions to instantly shift gears, from adopting online learning patterns to managing complete student and faculty life cycles online. In this situation, institutions that have adopted intelligent software ERP have to accelerate growth and success in all diagonals managing efficient operations. 

Based on the current educational scenario, the educational ecosystem in the remaining 2022 and 2023 will be composed of three main models – centralized educational institutions, decentralized operations in institutions, and a hybrid learning approach. It is the right time for institutions around the globe to choose a well-integrated education ERP that can manage all the academic and administrative tasks for the growth and success of the institution. 

Why is it the right time for educational institutions across the globe to choose ERP?

The higher education ecosystem is growing exponentially. Various new institutions are being inaugurated and are on their way to achieving success using technological tools for automation. Along with it, several prestigious institutions are choosing automation and digital transformation, changing the traditional or manual form of working. It is also fair to say that higher education institutions have started utilizing technology improvements along with implementing ERP software to grow and achieve better results. 

Let’s have a look at the country-wise educational scenario – need & worth of ERP:

✅ India

According to Wikipedia, India has a publicly funded higher education system that is the third-largest in the world, next to the United States and China. Going deeper, India has a total of 1026 universities, including national and state universities. Having a huge ecosystem, institutions must choose modern techniques that can embed better learning, teaching, and of course, administration management.

“Energetic youth are the engines of development of a country; Their development should begin from their childhood.” – Narendra Modi, Prime Minister of India. 

As Indian education is taking a 360°curve, educational institutions must adopt technologies that can support the complete establishment of modern technology; an ERP can be the best one for this! 

✅ United States

The USA is considered home to the maximum number of international students. It provides a diverse range of courses for all study levels. There are nearly 4,500 higher education institutions in the US, including colleges and universities. As it is clear that the USA is always a step ahead in adopting technologies, there are still a few institutions that are using manual processes to run the institutions. 

Being a trendsetter of technologies in the world, it is a must that education institutions in the USA should choose a good ERP product to bring automation and digital transformation. 

✅ South Africa 

South Africa is also considered one of the best countries to get a quality education. This country owns reputed institutions, including universities, colleges and schools. Do you want to beat the competition and become one of the top universities in South Africa? If yes, then it is the right time to choose the best ERP system that can provide robust academic and administrative operations bringing complete automation and digital transformation to the institution.

Various institutions in Africa are growing and achieving opt for a good ERP system. Check now:

✅ Philippines

There were around 3.5 million students enrolled in higher education for the school year 2019-2020, an increase of approx 0.5 Million from the 2010-2011 student enrollment of 2.95 Million in the Philippines. Though every country has its education system, most nations would have a similar concept or equivalent qualification. The education system in the Philippines is different as it adopted a combination of influences from its colonial history. 

With the enhancing technology, institutions can find ways to simplify processes for students in all aspects bringing complete digitalization and automation to their institution. However, most of the institutions in the Philippines are on the way to opting for automation with technologies, as the education system here has been greatly influenced by the colonization of Malaysia, China, Spain, and America. 

✅ The United Kingdom

The UK is known for having one of the best education systems. According to a report by usnews.com, the UK is in 2nd position for best countries in education. It includes various prestigious universities, colleges, and schools. The best part of the education system of the UK is that most of the institutions are on the urge to opt for automation and digital transformation. 

To maintain the dignity of institutions in the country, institutions must implement a robust and feature-rich ERP. It can not only help in accomplishing all the goals and needs but will also help your institution to remain on the top just like the country’s dignity to be at the top of the education ecosystem.

✅ Indonesia 

The use of technology is enhancing in every sector and education is never an exception. Indonesia is a country that is evolving technologically with speed.

According to Unesco, Indonesia’s literacy rate is now high at around 95 percent. Its youth literacy rate is even more impressive at 99.67 percent.

To continue this, Indonesia utilizes the trend of having software and tools that can make the education ecosystem sharper, more efficient, and more effective. The year 2022-23 can be considered a revolutionizing year for adapting and implementing technologies like ERP, SIS, and LMS. A combination of these can not only help in the digital transformation of the education ecosystem but will also open gates for splendid growth and success for the institution. 

Institutions are implementing ERP to attain success and growth at the same time, check the case study now.

✅ Australia

The education ecosystem is enhancing with pace, and Australia is also becoming a place for education enhancement. The government of Australia is focusing on the digital education revolution program. It is the right time for institutions to choose a technology and implement ERP that can bring prosperity, productivity, and growth. 

According to Mckinsey and Company, Various automation technologies such as ERP, SIS, machine learning, artificial intelligence (AI), advanced robotics, and more are already transforming Australian institutions, the economy, and the entire community. Software like ERP/SIS is enormously changing and restoring the Australian economy, helping institutions manage academic and administrative tasks. 

✅ Canada 

As of 2021, there were approx. 97 universities in Canada, offering quality education to students. Each of these institutions is choosing their ways to grow and compete in the education market. With the enhancement in education, it is a must that institutions should opt for ERP as it can provide complete digital transformation to all the academic and administrative tasks of the institution. 

The digital transformation of institutions can leverage data and technology to improve and meet stakeholders’ expectations. In the current scenario of Canadian education, automation using mobile applications or web applications is a must for students, faculty, and staff. It can lead to efficient and easy completion of all tasks along with providing satisfaction to all stakeholders. 

With having an n-number of educational institutions in the world, it is a must that institutions should implement ERP for the complete digital revolution in education:

The COVID-19 pandemic has accelerated digital transformation in education as there exist nearly 1.5 billion students across the world. Meanwhile, the situation is getting back to normal, it is high time for educational institutions to attain a good ERP system and implement it in their institutions. Various countries from the APAC region, Middle east countries, and others including Ghana, Botswana, Papua New Guinea, and more are witnessing a digital revolution in education.

In which country your institution is located? Are you using a good ERP that is glorifying growth and success along with satisfying all the stakeholders? If not, then it is the right time for your institution to choose a good ERP that can fit, grow, and accomplish your institutional objectives. 

New Educational Institutions/Universities – Why do they have ERP/SIS from the start? 

After the COVID-19 pandemic, various new institutions were opened and established. Are you also one among them? If so, then it is initially important to keep a note of the current EdTech wave. Choosing the right technology that can boost overall operations from the start can become a path-breaking decision for institutions.  

Reasons why should new institutions implement ERP from the start:

• Automation of operations from the start can reduce loads of paperwork
• It enhances interactions and creates smooth communication channels 
• It streamlines all academic and administrative operations from the first day
• Boost productivity and enhances ROI from the start

Why is it necessary for established or 1-2 years old institutions to implement ERP?

Every educational institution has a different approach to managing academic and administrative tasks, but with the emerging competition, it is necessary to opt for modern trends and techniques that can ease out tasks for faculty, staff, and students. It is the right time for institutions to implement ERP that makes the flow systematic for all the operations. 

Reasons to implement ERP in your institution:

• Free from hectic paperwork, documents, and manual sheets 
• Simplification of student life cycle management 
• Bridging the communication gap between stakeholders
• Enhances ROI and productivity 

Conclusion 

Multiple educational institutions across the world are choosing ERP for managing their day-to-day operations and making them efficient. 

Academia ERP is benefitting 300+ educational institutions across 20 countries and 4 continents. Providing automation and digital transformation to multiple institutions and helping them bring more productivity, growth, and efficiency in the best possible ways. 

Academia is providing robust academic & administrative management to all the operations available in the institution right from admission, attendance, program & course selection, to examination, and all other tasks. With all this, it is also rendering customizable benefits to institutions according to the needs, for example, anonymous answer sheet checking, multiple report generation, and many more features. 

Check institutions around the globe that are getting benefited from using Academia:

• CECOS London 
• IIIT Bangalore, India 
• Singapore Group of Schools, Indonesia 
• , and 297+ more… 

So what are you waiting for? Let’s discuss now: Contact us now!

Stay tuned for more blog posts like this! 

Related posts: