Technological advancement has taken over almost all the sectors among which education has also gone through various changes and developments. Traditional ways of teaching and school management has been taken over by the new and innovative tools of school management and online learning. ERP (enterprise resource planning) or institute ERP and LMS (learning management system) are two famous names among such innovative tools which make remarkable contribution in school management. ERP is a type of software used by organizations to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, supply chain operations and activities related to HR. When data regarding this departments get compiled into central database then with an authoritative visibility, all the leaders and officials can overview the present situation and make a plan of action for further growth and profit.
ERP is designed around a single, defined data structure that typically has a common database. ERP has been designed to monitor and store data of businesses of all sizes as whole. Sometimes it is compared with finance which is completely wrong because financials deal with core only whereas ERP deals with many sections of a business including financials. Many of the world’s best-known educational firms are dependent upon institute ERP for smooth functioning of their business. For example, if a firm makes books for school and colleges by getting content from content writers and getting it published with the help of publishers, where they gather all the study materials of different subjects to publish. Today schools, colleges, and big business houses almost all use Learning Management Systems. If someone is using e-learning, then it means that he will definitely use an e-learning management system. So, the curiosity begins with what is LMS (Learning Management System)? The answer can be understood as LMS is a kind of software application which performs tasks like administration, tracking, reporting, automation, documentation and e-learning management system of educational courses, training programs, or learning and development programs.
Learning management system were created to identify learning and training gaps with the help of reporting and analytical data. Not to speak for any particular education LMS even helps in higher education too in classroom management also where any instructor leads the training or it is a flipped classroom. An LMS manages all types of content including, videos, course and documents, it is just like school management software which manages all the data related to fees of the students. An LMS portal is digital platform for learning. With the help of learning management system one compile online courses and materials to a single source. This will enhance the expertise level of your company or organization. LMS saves the time and money of both students and school management. With the help of it students become able to set their priorities in the matter of learning.
Technically when ERP is used the process such as creation of Hindi books, size of book, paper quality of book, binding material, font used, graphics design used, quantity in a lot, number of lots will uniformly identified into a particular database having detailed information. Enterprise resource planning (ERP) systems collaborates critical business functions like finance, manufacturing, inventory and order management, customer communication, sales and marketing, project management and human resources. It is like fees management software which collaborates all the information regarding fees of the students. One more important performance done by it is detailed analysis and reporting on each department. It saves time and financial resources by keeping and eagle eye on various departments and their day-to-day activities and compiles these data into a summary which give an opportunity to the higher authority of business to make a future action plan for more growth.
For Business it reduces the cost of various types of training. Reduces the time for training/onboarding. It maintains a unified standard of work among partners and affiliates. It measures the effectiveness of training as well as creates individual learning plans. This ability to track and record data also means things like test results are automatically collated and stored in one location- so they are easier for you to access and review. For learners LMS is a boon. It provides unlimited access to learning content anytime and from anywhere. It keeps on staying on the top of required training. It increases knowledge engagement of the learner. LMS in the perspective of a learner improves work performance as well as boost his knowledge retention too.