In recent years, different business management software have been developed and improved to facilitate and improve processes as important for a business as planning, obtaining and managing information, communication, administration and distribution of tasks and resources or monitoring and control of processes, among others.
What is business management software?
Generally, business software refers to any type of software designed to help an organization improve its productivity and/or measure it.
The term includes a wide variety of software applications ranging from accounting and office automation programs to enterprise resource planning systems (ERP), customer management programs (CRM), human resources programs, etc.
Types of business management software
Some of the most commonly used types of business software today are as follows:
Enterprise Resource Planning (ERP) systems are management information systems that integrate and manage many of the business operations associated with the production operations and distribution aspects of a company's production of goods or services.
Customer Relationship Management (CRM) software is a computer system that supports customer relationship management, sales and marketing.
This type of software can comprise several functionalities to manage the company's sales and customers, such as the following:
Sales automation and promotion.
Data Warehouse technologies to aggregate transactional information and provide reporting layer, dashboards and key business indicators.
Marketing campaign tracking functionalities.
Management of business opportunities, predictive capabilities and sales projection.
Invoicing software saves time and gets paid faster thanks to the cloud and full invoice automation.
Accounting systems are ideal for monitoring the status of a company's finances in real time and navigating through accounts with full traceability.
Human resources management software allows you to manage your team completely, from hiring to vacations, payroll, and even leave, among others.
Project management software provides complete control, allowing you to assign responsibilities to the team and control everything with detailed tracking.
Inventory management systems allow you to monitor the evolution of your inventory, control sales cycles and stock, customize products, etc.
Benefits of business management software
Some of the main benefits of business management software are as follows:
Since all the company's operations are in the same system, the efficiency of the company can be improved by automating administrative tasks (for example, managing the generation of documents such as budgets, orders, delivery notes, invoices...).
Control and traceability
Business management tools provide greater control over all operations performed. Some of the doubts they can solve are the following:
- When was a certain product sold to a certain customer?
- Which carrier was responsible for delivering the product?
- How many units of the product are left in the warehouse?
- How many invoices have not been paid on time
Cost and competitiveness
If price competition is a key factor in a given industry, business management software can be the best ally to offer more competitive prices without distorting the business model and without reducing the value offered to customers.
If efficiency is increased and this is reflected in lower prices, a competitive advantage is achieved that allows you to outperform your competitors.
Business management platform, the solution to better manage a business:
Do you need more information about business management software or other tools that can help your organization become more productive and efficient? Do not hesitate to contact us to help you achieve the ultimate digital transformation you need.
In Intelequia we are specialists in providing integrated Microsoft Dynamics 365 solutions such as ERP and CRM for any sector and tailored to the needs of our customers. If you want more information, do not hesitate and contact us! one of our consultants will contact you to give you personalized attention.