Organizations across the education sector require software that can handle all aspects of the administrator, stakeholder, and student journey. It’s time to leave piles of paperwork and disparate, manually-created files in the past. With the right technology underpinning their broader strategy, education providers can eliminate data silos, enable powerful insights, and act on their own data to improve the student experience (for both prospective students and current ones).
In the education industry, ERP systems are a key tool used to manage student data, financial information, human resources, and more: all with the intention of unifying data to improve collaboration and help education providers meet their broader goals.
Here’s a look at why organizations in the education sector should consider a Microsoft Dynamics ERP system as a complement to existing and future EdTech investments.
Picture this. You finally have a business tool that allows you to make the process of application and student registration easier, streamline attendance management, track fees, and manage payments across multiple courses or campuses.
Worried about document and inventory management (for textbooks, computers, and lab equipment)? About simplifying faculty management? About managing academic analytics (think: headcounts or popular courses)? No problem.
Dynamics 365 offers a solution that’s the key to more student and administrative success stories.
While there isn’t currently a Microsoft Dynamics 365 ERP system built just for the education industry, the dedicated accelerator offered by Microsoft provides enough benefits that one really isn’t missed. The list of advantages includes increasing admission rates, saving time on administration, boosting collaboration, and fundamentally reimagining higher education as a technology-powered and student-centered experience.
According to Microsoft, the Education Accelerator offers a powerful ERP and CRM solution that centralizes student data, streamlines communication, and provides real-time insights. It goes beyond just managing student data to include features that simplify the management of program curriculums and stakeholder data.
Microsoft’s comprehensive set of cloud solutions (Microsoft Azure, Microsoft Dynamics 365, and Microsoft 365) can provide a unified experience for education providers: including seamless integrations with learning management systems and student information systems.
As Microsoft puts it, their comprehensive technology stack covers everything from cloud storage to collaboration to ERP and CRM. In turn, this equates to reduced costs and less complexity across the board.
Streamline everything from grading to budget management, fee management, asset management, and more. The real-time insights you gain from running Microsoft Dynamics for education means maintaining strong relationships with parents, staff, and vendors.
Plus, while ERP systems once used to be complex and expensive to implement, cloud offerings now make ERP technology accessible to smaller businesses with smaller budgets or limited expertise, allowing them to leverage unified data to reach their goals.
To stay competitive, education institutions must keep themselves privy to the latest and most advanced tools available for simplifying the entire student journey and end-to-end education lifecycle.
By leveraging artificial intelligence (AI) and machine learning (ML) technologies, for example, Dynamics 365 for education can help organizations in the education sector maintain relationships with students, simplify existing processes, optimize the use of resources, and more. Over time, as demand for personalized learning and digitalization in education continues to grow, so will the imperative to invest in solutions that make it both possible and seamless to achieve.