Human Capital Management in Higher Education: Three Ways an ERP Falls Short
An enterprise resource planning (ERP) system is a powerful tool for overseeing campus business operations, and the most common ERP platforms used by colleges and universities include features that help administer payroll, manage employees, and carry out HR workflows.
However, when colleges use an ERP to administer workforce and human capital management (HCM) processes, compromise is inevitable. There are some things an ERP just doesn’t do as well as a dedicated HCM solution.
If you’re using an ERP to handle workforce and human capital management tasks at your college or university, here are three reasons you might want to reconsider this practice.