Benefits of Cloud Based School ERP Solution

In recent years, schools have embraced many technological advances, use of school ERP solution is one of them. As the name suggests, it is an enterprise and resource planning solution designed for school management to reduce workload and increase the efficiency of school in non-teaching duties. 

Having the total number of potential clients around 12 Million, school equipment and services is quite a big market. Cloud School ERP solution has taken this market by a landslide, with many new companies claiming to be the best service provider. But like any new product, it also comes with various advantages and disadvantages but to properly understand that you first need to know what is a Cloud-Based School ERP solution.

WHAT IS CLOUD-BASED SCHOOL ERP SOLUTION ?

School ERP is resource planning and management software meant for schools. It has its roots lying in industries where it was first developed as a solution to manage labor force of a company and provide the most efficient way to schedule their work timings, inventory, payments etc. From there, it made its way to various fields where management of workforce is required including the education sector.

HOW IT ALL STARTED?

School ERP started as a database management system for schools, to manage student information, academic results, teachers, etc. but later extended its branches towards providing various other services including student & staff attendance, academic results, school fee, GPS tracking of school buses etc.

WHAT ROLE DOES CLOUD TECHNOLOGY PLAY?

Cloud-based school ERP is a school management solution that works on an internet connection. The data is stored on cloud servers backed up and maintained by the service provider, not by the school. The advancements in mobile technology and easy availability of internet has made the mobile app version of School ERP software very popular. School apps are easily accessible and provide important information and services at the fingertip of a user.

Benefits OF CLOUD SCHOOL ERP SOLUTION OVER CLASSIC MANAGEMENT MODEL

1. DATA PRECISION, PROTECTION, AND ANALYSIS

Being a database management software, the whole process revolves around acquiring data, cracking on it to generate discrete results and protect data from fraudulent activities and unwanted access. Unlike humans, even toughest equations can be easily solved by machine in mere seconds, this reduces the miscalculations and saves time, making the process highly efficient. Cloud-based school ERP solution stores data online backed by the servers and protects it from malware and cyber-attacks. 

2. EASY, FAST AND FLEXIBLE TO USE

Cloud-based school ERP is faster, accurate and error-free. It is the best software in its line of business for managing school and educational institutes. School ERP has a unique, user-friendly interface with easy to understand instructions that reduce the amount of staff needed to manage the software.

The zero complexions makes it time efficient and results in faster input and output. Being a machine, it works on the input tirelessly without any breaks/cool down, so it handles a large amount of data in very less time. Large range of mobility and no binding to specific device type provides users with a lot of option in accessing the cloud-based school software.

3. UNIFIED PLATFORM AND RELIABLE INFRASTRUCTURE

One of the most preferred reasons for the paradigm shift from the classic model of managing a school to school ERP software is it's all in one service feature that reduces the mental pressure of maintaining records on different platforms. Also, managing a single service provider is much easier. School ERP also has a strong virtual infrastructure with servers acting as pillars in holding all the information and impossible-to-break safe that stores it. Both are easy to maintain with no physical maintenance at all.

4. MOBILITY AND CROSS-PLATFORM AVAILABILITY

According to statistics of mobile internet usage, there were around 320.57 million mobile internet users in India in 2017. The number is predicted to increase this year making it 358.46 million. Extensively using cloud technology, the School ERP software also provides a mobile variant of the application also known as a School App. School App works on the cloud platform providing you with all the features of a School ERP software at your fingertips.

This not only increases the availability of the software but also enhance your work efficiency. As you may now access all your important information using the School App anytime, anywhere. School App also enhances parent-teacher communication and is helpful for the parents in many ways.

LET’S SUM IT UP
     Cloud technology is the future of computing. It overcomes the drawbacks of a system-based school software wherein the user is restricted on a single desktop or machine. Protecting the loss of data, enhancing privacy and data accuracy.Cloud-based school ERP’s are way better than the desktop-based school software earlier used. School Apps now changing the way schools use to communicate with the parents. These changes would not have been possible without a cloud school ERP and school app.  

As cloud is going leaps and bounds ahead this technology is not device dependent & it works on laptops, PC, tabs, Mobiles so you can have BYOD policy in your campus.

Take your next step to move onto the cloud with LatvikeSchool ERP cloud solution.

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Best Regards ,

VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

www.latvikhost.com | https://latvikerp.blogspot.com

What is Cloud Computing ?

Cloud-based computing (also called Software as a Service, or SaaS) allows users access to software applications that run on shared computing resources (for example, processing power, memory, and disk storage) via the Internet. These computing resources are maintained in remote data centers dedicated to hosting various applications on multiple platforms.

Cloud ERP is Software as a Service that allows users to access Enterprise Resource Planning (ERP) software over the Internet. Cloud ERP generally has much lower upfront costs, because computing resources are leased by the month rather than purchased outright and maintained on premises. Cloud ERP also gives companies access to their business-critical applications at any time from any location.

While technically the only difference between Cloud ERP and on-premises ERP is where the software is physically located, there are other significant differences. Here we explain some of the key characteristics and advantages of Cloud ERP software.

The Cloud is particularly valuable to small and medium-size businesses (SMB’s) because it provides access to full-function applications at a reasonable price without a substantial upfront expenditure for hardware and software. Using the right cloud provider, a company can rapidly scale their business productivity software as their business grows or a new company is added.

Benefits of Cloud Computing

Cloud ERP has been proven to reduce costs in many ways because it:

·        Avoids upfront costs for all computing infrastructure such as hardware and data servers

·        Reduces IT support services because IT support is provided by the data center

·        Eliminates paying upfront for application software licenses in favor of a monthly fee

·        Shrinks the cost of maintaining and supporting those applications since the cloud vendor handles the updates and upgrades

·        The most important benefits of Cloud ERP go beyond cost-savings and include:

·        Paying only for the computing resources needed

·        A fixed monthly rate so companies can use their cash on other business initiatives

·        Taking advantage of Cloud ERP applications faster since installation of hardware and software on servers or user devices is not required

·        The ability to adjust the amount of cloud service as a company’s computing or storage needs fluctuate

·        Enjoying the confidence that the data has been backed up and there is a disaster recovery plan

·        Avoiding attacks on the company’s server because the data in not stored locally, but in the cloud

·        Accessing the system from anywhere makes it easy for a company to expand geographically since the Internet is everywhere and there is no need to implement hardware and software at remote locations

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VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

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5 Reasons to Consider Healthcare ERP for Your Business

Healthcare ERP implementation in pharmaceutical businesses is as important as the industry itself.

There is immense competition in the healthcare industry which explains why it is absolutely important for the pharmaceuticals companies/hospitals to incorporate ERP software to improve their services. 

In any health care institution, there are many services run by various department simultaneously which needs to be streamlined for efficiency in the operations. This is because the health care industry strives to efficiently improve quality and operations while lowering the costs and optimizing the back-end operations.  

Once you have selected the right  for your institution, you would wonder how to implement it to provide higher quality in terms of services to your patients (or customers).

You might want to hire experts who would handle the implementation process or an ERP consultant who would advice on the best model that could be implemented. You could also outsource the entire project to development firms who have the best people for this kind of job and you get the best results.

Thus, it will reduce the cost sustain-ably in the long run.

What should be your intentions while incorporating pharmaceutical or Hospital ERP software?

There are thousands of activities going on in your hospital and keeping a track of everything manually could be quite a task!

With the world moving forward to automated services and online activities, having a healthcare ERP in place will give you an upper-hand in your efficiency levels. Booking appointments and following up with the reports will be easier.

Even booking appointments can be a lot smoother process based on the availability of the doctors.

All-round patient care

Healthcare is no longer bound to the operation theatre or treatment of the ailment. It is more of a wholesome approach from treatment to recovery process which makes it even more competitive in nature. Patients have a variety of options while choosing the best institution for their health issue. The factor that plays an important role here is how technologically forward the institution is. With a sound software installed, admissions, treatment, recovery, billing and all the other data with be smoothly accessible thus making the entire process efficient.

Trimmed Operational costs

Optimum implementation of technology will help reduce the overhead costs. Various departments like Administration, Finance, Healthcare, Inventory, etc can be centralised and would require far lesser people to manage.

Better Recordkeeping

With thousands of patients and even more overlapping cases, keeping a record of each data is a tedious task. With a solid ERP in place, fetching data will be a lot easier. ERP system logically stores patient data and makes it reporting easier too.

Let the piles of folders be a ‘thing of the past’ in your hospital now!

Decision Support system

Access of real-time data will be made easier with the implementation of w. Real-time data and the reporting thereof becomes smoother, helping the authorities take proper decisions about patient care.

This lowers the chances of miscommunication as well.

Healthcare ERP solutions can be customized based on the industry or the size of your institution. This, in turn, gives you a competitive edge over your rivals in the business. ERP solutions are a necessity now.

Lack of updated technology might make you lag behind and lose few patients. Why let that happen when implementing consolidated software can make you their hospital of choice.

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VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

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Migrate from locally hosted box to the CLOUD– Get SaaSified with Latvik eMed

Hospitals and clinics are now looking at migrating from the traditional locally hosted model to the cloud. 

The reasons are primarily elasticity and savings in cost with the eMed ERP today being seen as a mission critical application. In fact with improved connectivity, faster processing speeds, the ubiquity of mobile devices and other technological advances it is more appealing 

for healthcare providers to consider the subscription based SaaS model.

Of the 70 centers that use LATVIK eMed, about 80% is hosted on the cloud and the rest still adopt the application to be hosted on site locally. We believe that this model will see an inversion in less that 5 years to come.

Latvik eMed has  various advantages with the cloud model, the primary one being elasticity and savings in cost. Elasticity provides the flexibility of horizontal scaling or spinning of Application servers based on the need. The cost savings is substantial considering that you pay only based on use and need not reserve capacity.

Other reasons to consider migrating to the cloud:

– Public / Private Cloud: Should you go for hosting the application on a public cloud such as AWS or use a data-center that is available within your region. Don’t forget that AWS also provides what is called a VPC or a Virtual Private Cloud to ensure that the instance is logically isolated from other networks and provides Virtual Private connectivity.

– Multi-Tenancy: Are you using an application that supports multi-tenancy? Architecting a legacy single tenant application to be multi-tenant is easier said than done so ensure that the application is multi-tenant. Mutli-Tenant applications optimize cost of maintenance.

– Multiple Applications to juggle with – Save costs! – Today a health care provider doesn’t just require a single application enterprise wide such as say an HIS. There would be a requirement to have a Business/Health Analytics application, HRM, CRM, Financial Accounting, Payroll, Modality specific applications, etc, which may require tight integration across these applications. Hosting all of these applications on-site is an expensive and rigid affair. The costs for licensed versions of databases or Operating Systems can go through the roof. The savings in the op-ex model over the cap-ex is significant and so is the cost of replacement of one SaaS based application to another.

More Info >> Latvik eMed  

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VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

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4 Benefits of Cloud ERP

ERP (Enterprise Resource Planning) software that connects your finance, accounting and operations data is a must have in this day and age, particularly for dynamic and fast-growing companies. Yet, ERP software can be too expensive and too hard to manage for some growing companies… or so they think. Learn more about benefits of Cloud ERP.

Cloud ERP can be a great choice for growing organizations. Your other choice is On-premises ERP, which means the servers are at the company location and maintained by your company. While both Cloud ERP and On-premises ERP offer similar functionality in terms of tools and usage, Cloud ERP offers cost savings, flexibility, scalability, security and speed that growing companies will find very appealing.

1. Cloud ERP can save you money

Companies that moved from on-premises ERP to Cloud ERP saved immediately because they no longer had to fund or manage their own data centers. Instead, they pay a Cloud ERP provider a monthly or yearly payment to manage it for them. The goodness of this setup is further realized when the company spreads the monthly or yearly payments out and treats it as a recurring, fully tax-deductible expense

2. Cloud ERP makes you more flexible

Take a deep breath and stretch….ahhhhh…that’s better. Cloud ERP is flexible because it can be accessed from anywhere with any Internet-enabled device. That means you have the ability to make good business decisions no matter where you are from a laptop, tablet or mobile phone. You can also share data more easily across locations and departments, and because everyone in the company is interacting with centralized data through a common interface, the likelihood of interpreting the data differently between functions is lessened and opportunity for collaboration is increased. Finally, data that is in a Cloud ERP is easier to use with Busines Intelligence tools designed to work with data in the Cloud, providing you the flexibility to choose which reports and dashboards will work best for your company.

Leave the silos to the farmers. The Cloud improves data centralization and integration.

3. It’s easier to scale your growth with Cloud ERP

Scaling is a complicated science. If you grow and scale your business too slowly, you’ll fail to keep up with your customers and competition. But if you scale too quickly, you might over-spend and waste resources. A Cloud ERP system solves this dilemma because it offers a scalable platform, ideal for startups and fast-growing businesses alike. As new employees enter the company, you don’t have to purchase and install new hardware or additional software seats. Rather, you can scale your Cloud ERP package to accommodate an unlimited number of users, without the hassle of maintaining or replacing on-premises hardware and software.

4. Cloud ERP is fast and secure

Cloud ERP is fast because data centers are hosted and maintained by the best of the best in world-class hosting environments like Amazon Web Services (AWS) and Microsoft Azure. Their sole purpose is to make your data accessible as easily, as fast, and as secure as they can possibly make it. These data centers ensure geographic diversity and back-up and store your data in multiple places to make sure nothing gets lost.

If you’re a growing company and in need of an ERP solution that can grow with you, Cloud ERP may be your best bet for its cost effectiveness, flexibility, scalability, security and speed. 

Latvik Technologies can help you get up and running on cloud. We’d be happy to serve you soon,.

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Best Regards ,

VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

www.latvikhost.com | https://latvikerp.blogspot.com

Why is ERP Software Important for University Management?

Today, colleges or universities  face a lot of challenges on a day-to-day basis just to function the everyday administration. Procedures like the declaration of results, data management, fees collection, timetable management, attendance management of both staff and students and other alike functions are done physically. Manual work takes a lot of time, energy, and resources.

Below mentioned are few reasons why every university or college must get an ERP management system:

1. E-communication

Students can have e-discussions with teachers about the preparation of the exams and get their difficulties resolved. For parents, they can be active and see their children’s academic progress but cannot just because they do not have the time. Parent-teacher communication is rationalized and this makes it simpler for parents to keep track of their attendance, examinations, and self-restraint reports.

2. You get access anytime anywhere

Whether you are a teacher, parent or student, you can work on it from anywhere. Students can access their study material anywhere while teachers can look up lesson plans whilst mobile. No fixed installation or organization is essential, besides a smartphone and a dependable internet connection.

3. Keeping track of attendances

With a mixture of smart cards or biometric devices, attendance is marked mechanically and a notice is sent to all parents for the children who are absent. This guarantees that the parents are aware that their child is inattentive from college. Various modules across the system can be customized whereby principals and teachers can choose and configure the modules according to their preference and importance.

4. A complete graphical analysis

With this college management software you to do this and much more. Multidimensional examines of students ‘presentations, their development trends can be taken place and students who are dull and bad performers can be helped out and assisted for that reason. The examination can also be done transversely non-academic parameters like sponsorship, records and payroll.

5. A complete paperless campus

There is a huge use of apps and smartphones as compared to pen and paper which is a much cleverer and less unwieldy way of working. Info is now factually at the tips of all by means of the college management software. The software is a completely paperless and not at all tedious.

6. Simple installation

Once you have planned for this ERP management software, then all you require is to do is get it arranged and connected and you will have a vigorous system in a matter of hours. Once installed, you set up your modified formations exclusive to your college and thus you can start using comfortably.

7. Transparency in communication

Parents are kept well-informed of what is up-to-the-minute in the college through online newsletters and circulars and even by the message alerts.

Some of the other advantages of this software are:

·         It is web-based, comprehensive and comforts unified integration

·         It does give enhanced productivity

·         The system can be smoothly adapted, and is interactive as well as user-friendly in     nature

·         Saves cost and time

·         Augments the capability and depiction of the resources

·         ERP Solution does not need any changes it comes with an customizable Option

·         It is totally adaptable.
         
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VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

www.latvikhost.com | https://latvikerp.blogspot.com

Benefits to Enterprise Resource Planning in a Hospital Environment

When evaluating whether or not a Full Enterprise Resource Planning is right for your hospital, consider these 6 Benefits discussed in a recent article by Healthcare Global:

1.   Patient information, data archives and supply chain information can be integrated and managed better

2.   Systems can be standardized with a common data dictionary to reduce duplication of effort and reduce errors

3.   Customer Relationship Management (CRM) results in cost savings, income generating opportunities and better patient service

4.   Significant efficiency is realized from Electronic Health Records (EHR) over manual charting. Information can be forwarded to other care givers more efficiently and storage is dramatically reduced.

5.   Care plan and treatment plans can be significantly improved with all systems working together in harmony.

6.   Considerably better financial controls because information is centralized, integrated and more accessible to everyone concerned.

The article points out that there are still some hurdles to be overcome before successful implementations become the norm in hospital environments.  They point to the following issues that must be addressed:

1.   Resistance to change by users who have been using manual systems throughout their entire career in health care

2.   Choosing the right software and integrator

3.   Proper planning and maintenance of current systems while the Enterprise Resource Planning system is being implemented.

They summarize their concerns with “A faulty implementation and a bad choice can have disastrous consequences, since when saving lives are concerned there is zero room for error.”

     Hence its very clear that Healthcare organisations need a very accurate and precise system to keep things error free and provide best of Healthcare services
to the larger audience. Herein comes LATVIK ERP  at your disposal to effectively administer and manage your hospital and let you focus on your core competency that is providing best health care services to the people at large.

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VIKRAM SHARMA

Web Admin

LATVIK TECHNOLOGIES ™

www.latvikhost.com | https://latvikerp.blogspot.com