Impact of Computerization of The Bursary Department of Federal Polytechnic Bauchi

Yakubu Adamu PhD; Alhaji Kawugana PhD; Tahir Abubakar Adamu

doi:10.56201/ijcsmt.v10.no6.2024.pg155.168

📄 Download Paper

Impact of Computerization of The Bursary Department of Federal Polytechnic Bauchi

Yakubu Adamu PhD, Alhaji Kawugana PhD, Tahir Abubakar Adamu

Abstract

The computerization of financial processes in educational institutions has become increasingly vital in improving operational efficiency and ensuring transparency. This study investigates the impact of computerization in the Bursary Department of Federal Polytechnic Bauchi, focusing on how the implementation of digital systems has transformed the department's performance. The research examines several aspects, including the efficiency of financial transactions, accuracy in record-keeping, and the enhancement of transparency and accountability. Through a mixed-methods approach involving surveys of bursary staff and students, as well as a review of financial records before and after the system's implementation, the study reveals significant improvements in time management and error reduction. Computerization has minimized the challenges of manual processes, facilitated online fee payment systems, and improved financial reporting. The study also highlights the role of computerization in enhancing financial security and reducing operational costs. However, despite these benefits, challenges such as initial setup costs, occasional system downtimes, and the need for continuous training of staff on new technologies were identified. The findings underscore the importance of ongoing investments in technological infrastructure to fully realize the benefits of computerization in financial management. The study concludes that the computerization of the Bursary Department at Federal Polytechnic Bauchi has positively impacted the institution’s financial processes, resulting in better service delivery to students and improved financial accountability.

Keywords

ComputerizationFinancial ProcessBursary Department

References

1. Abubakar, A. A., & Mohammed, U. (2022). The Role of Computerization in Improving Financial Management in Nigerian Universities. International Journal of Educational Management, 36(5), 1023-1035. https://doi.org/10.1108/IJEM-04-2021-0165 Adeyemo, A. J., & Ayo, C. K. (2020). Assessing the Impact of Computerized Accounting Systems on Financial Reporting: Evidence from Nigeria. Journal of Accounting and Finance, 20(3), 45-59. https://doi.org/10.2139/ssrn.3566879 Afolabi, M. A., & Okunola, M. O. (2021). The Influence of Information Technology on Financial Performance of Nigerian Universities. Journal of Management Sciences, 8(2), 15-29. https://doi.org/10.5958/2454-5794.2021.00009.1 Eze, U. C., & Nwosu, A. (2019). Impact of Computerization on Financial Management Practices in Selected Tertiary Institutions in Nigeria. African Journal of Business Management, 13(10), 359-366. https://doi.org/10.5897/AJBM2019.8745 Federal Polytechnic Bauchi. (2023). Annual Report on Financial Management and Performance. Bauchi, Nigeria: Federal Polytechnic Bauchi Press. Obazee, J. E. (2020). The Importance of Computerized Financial Management in Nigeria: Challenges and Prospects. International Journal of Financial Research, 11(3), 28-37. https://doi.org/10.5430/ijfr.v11n3p28 Okeke, S. E., & Onuoha, J. I. (2021). Computerization and its Impact on the Financial Management of Educational Institutions in Nigeria. Journal of Educational Research and Practice, 11(4), 55-67. https://doi.org/10.5590/JERAP.2021.11.4.05 World Bank. (2022). Education Sector Project: Improving Financial Management in Educational Institutions. Washington, DC: World Bank Publications. https://www.worldbank.org/en/topic/education/overview

Impact of Computerization of The Bursary Department of Federal Polytechnic Bauchi

Abstract

Keywords

References

More Articles from INTERNATIONAL JOURNAL OF COMPUTER SCIENCE AND MATHEMATICAL THEORY