Business applications are the software that is used to manage, automate or streamline business processes, such as accounting, human resources, sales, marketing, customer service, manufacturing, distribution, inventory management, finance, etc.
The benefits of using business application software are endless. They range from improving productivity to saving money. Most of these benefits come from the fact that these systems are designed specifically for your industry.
The following are some of the most common advantages of business applications:
- Automation – by automating manual tasks, businesses can save time and money. For example, if you have a task that needs to be done manually every day, it’s better to automate this process so that you don’t need to do it again and again in the future.
- Data security – with business applications, data is kept safe from unauthorized access. This means your company doesn’t need to worry about losing sensitive information because it has been secured through the use of encryption technology.
- Cost savings – business applications allow companies to reduce costs by eliminating errors and reducing paperwork. They also help companies improve productivity and efficiency.
- Time-saving – business applications can make work easier for employees and managers. It allows them to focus on more important things instead of spending their time doing repetitive tasks.
- Increased productivity – employees will no longer spend hours looking for files and documents; they will just click on an icon and get what they want.
- Improved communication – business applications can improve internal communications within the organization. With the ability to send emails, file reports, and track progress, employees can communicate easily without having to go through multiple people.
- Improved customer satisfaction – customers can receive faster responses when contacting a business via phone or email. This helps build trust between the two parties and encourages repeat visits.
Types & Features of Business Application Software
There are many different types of business applications available today. The most widespread and useful examples include:
CRM – Customer Relationship Management
CRM software is designed to help manage all aspects of a company’s interactions with its clients. The main goal of such solutions is to provide salespeople with a way to organize and analyze client relationships. It provides tools such as contact management, marketing automation, lead scoring, and analytics.
CRM systems will:
ERP – Enterprise Resource Planning
ERP software is used to automate processes across an entire enterprise. These programs are usually very complex, but they offer numerous benefits that other types of software cannot match. For example, it can be customized to meet any changing company’s needs.
ERP systems will:
Accounting
Financial accounting software is used to keep track of financial transactions. It is especially useful for small businesses because it enables them to save money and time.
Accounting software will:
Accounting software will:
HRM software is used to streamline human resources activities. It includes modules like payroll, administration, recruitment, training, and compensation.
HRM software will:
Payroll
This type of solutions is used to process payroll data. It tracks salary information, taxes, deductions, and payments.
Payroll system will:
Inventory
These solutions are used to track inventory levels and monitor stock movements.
Inventory software will:
Project Management
These solutions help teams plan, schedule, and execute projects on time and within budget. It is often used by project managers and team leaders.
Project management software will:
Customer Support
It is a multiple channels tool used to communicate with clients, resolve their issues to ensure the best customer experience and achieve their loyalty. It may include chatbots or self-service options.
Customer support software will:
Supply Chain
These tools are used to track the movement of goods through various departments in a company. It is typically used by companies that sell products internationally.
Supply Chain software will:
Reservation Software
It is used to book rooms at hotels and restaurants. It also allows guests to check-in online.
Scheduling Systems
This software is used to create schedules for events like conferences or meetings.
Recruiting software
Such systems are used to streamline the hiring process, find candidates, screen resumes and send offer letters.
Content management systems
This type of software allows users to edit documents online. They have become increasingly popular among non-technical users who want to update content without having to pay someone else to do it.
Digital Marketing Software
Such systems are used to promote websites with SEO (search engine optimization), PPC (pay per click), email marketing, social media, etc.
Demand Forecasting
Such software is used to predict future demand for a product or service. It helps companies plan their production schedule, order the right amount of inventory, and make sure they don’t run out of stock before selling it.
Communication
Communication software is used to send messages between people over networks such as the Internet. Email, instant messaging, chat rooms, video conferencing, voice mail, and texting are all examples of communication software.
Communication software will help you to:
Document Management
Document management systems are used to store files and organize them using folders and tags.
Document management tools will:
Why Do You Need Custom Business Applications Instead of Choosing Off-the-shelf Solutions?
Yes, we discussed this many times and even dedicated a blog article (where we comprehensively analysed both options) to this topic. However, here are some common advantages of bespoke solutions that will help you to choose between buying off-the-shelf software or developing a custom one.
- Customized solutions are more flexible. You can add new functionalities whenever you feel they are needed. This means your business will always stay ahead of the competition.As your business grows, your customized solution can grow along with it.
- They are cheaper than off-the-shelve solutions. Since customization is done according to your needs, there’s no need for additional licenses.
- Such solutions are more secure. Since you already understand how your data should be stored and how permissions should be managed, security becomes a matter of course.
- Customized solutions are more reliable. Since you already tested your application, you know that it works well under all circumstances.
- These tools are user friendly. Since you already worked on similar applications, you know which features work best and which ones are not so useful.
Choose Softvoya as Your Business Software Development Partner
Looking for a reliable business application development company? Softvoya has created more than 100 powerful software solutions for startups, middle-sized companies and large enterprises in CIS, EU and US. We develop scalable, user-friendly and cost-effective apps with your business goals in mind. With Softvoya’s business app development servies you’ll be able to:
- Automate daily tasks
- Reduce paperwork
- Save your time and budget
- Increase overall productivity
- Improve communication between team members
- Improve customer satisfaction
- Help employees become more efficient
- Track progress and manage finances
- Avoid mistakes
- Improve decision making
- Create new opportunities
Contact us today to get your free consultation and discuss your future project!
