New York, NY -- (SBWIRE) -- 02/03/2016 -- 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, enrollment 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.
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