Smart Enterprise for University is a solution for institutions in higher education. It complies with budgeting, financing, accounting, and public sector legislation and regulations. The solution is pre-configured, and can also be flexibly parameterized by SAP technology. It synthesizes the operational experience of several international and domestic Universities and Colleges and can be implemented in a short period of time.

Smart Enterprise for University makes the economy of the institution efficient and transparent, and the up-to-date availability of budgetary resources can be continuously monitored and managed.

Institutional management can gain a controlling perspective. It becomes feasible to assess cost and profitability in the various units and departments, to directly provide, for instance, supervisory bodies with required data, and to keep student accounting up-to-date at all times. The system can also be used for educational purposes in business management courses.

Our staff are continuously monitoring open EU funds for IT developments. On request, Techwave Hungary provides expert help in writing a successful tender.  Contact us  to learn about open founds and eligibility information.

Our solution contains the following functions specific to higher education:

ERP Financials

  • Simultaneous support of tasks of General business management and Budgetary operation
  • Recording normative subsidies
  • Management of approved, modified targets, monitoring achievement of targets
  • Funds management, commitments management, special tasks management
  • Budget planning
  • Commitments and budgets management
  • Institutional budget reports and reconciliation
  • Comprehensive and up-to-date tangible assets records
  • Customer and vendor invoice management
  • Outstandings management
  • Support of reports to be supplied to treasury

ERP Logistics / Sales

  • Service based pricing
  • Sales and services settlement and billing


  • Recording civil servants data
  • Civil servants classification and pay determination on the basis of legal relationship data
  • Determination of civil servants leave quotas


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