What Is Business Software?
Business software is a set of computer programs that are designed to help with the management and performance of a company and increase efficiency and accuracy. They can be used for a variety of functions, including customer relationship management, project management sales force automation and financial accounting. A variety of different business applications exist and each one is customized to the specific needs of the industry that it is targeting.
For instance, a company that sells products online can benefit from powerful features like customer relationship management software, which allows greater transparency and a stronger relationship with customers. This software can offer valuable insights into the performance of a business including how well its marketing functions or how effective its site converts customers.
The use of business software is widespread and has been a key component in the growth of companies all over the world. The first software for business applications was designed for white-collar work and large mainframe computers being utilized to automate tasks like bank cheque processing and factory accounting. Later word processors like Word Perfect and Microsoft Word saw the decline of the IBM typewriter, and mathematical spreadsheet applications like Lotus 1-2-3 and Excel became extremely popular among corporate consumers.
Certain business software is interactive. This means that users can alter data and obtain results immediately. Other software for business runs in batch mode, which means it can be programmed to run on a scheduled basis and produce reports without the intervention of users. A team is put in place to correct the issue when a business software error occurs so that users can return to their work. This is known as business application support.