Business software is used to automate business processes, reduce time and money, improve collaboration and boost productivity. Some of the most well-known examples include CRM (customer relationship management), ERP (enterprise resource planning) and HCM (human resources management). Certain business software is more fundamental and is used for routine tasks like payroll, accounting and financial reporting. Some are more specific and are developed by professional Custom Software Development companies.

The early introduction of business software revolutionized how businesses function by replacing manual labor with technology. Word processors, for example, replaced typewriters and project management software replaced a drawing board. This enabled teams to work more efficiently. Other kinds of business software are aimed at improving marketing and communication. They include e-commerce platforms that facilitate online transactions, feedback-gathering instruments, and sales visibility dashboards.

There are some who are hesitant to incorporate these tools into their business processes, in fear of removing jobs. Incorporating these tools into day-to-day business operations doesn’t eliminate jobs, but it does shift employees to higher-level tasks that require higher level of expertise.

Project management is another popular application used by businesses. Tools like Google Workspace, for example businessboardroom.net/tablet-vs-laptop-what-is-better-for-business/ can provide an office space where employees can collaborate and share documents. These platforms can be tailored for a specific department or workflow. There are also apps that let users monitor and manage time while working on projects. These tools are based on the Kanban method, and are suitable for a multi-step project. They let clients see how their projects are progressing in a timely and organized manner, which can help improve invoices and payment processing.