Computer software can be utilized to simplify business processes, increasing productivity and decreasing costs. This is achieved by removing manual data entry from the process and limiting human errors. A few examples of Business Software are word processing software (like Word Perfect and Microsoft Word) as well as spreadsheets with mathematical functions like Lotus 1-2-3 and Excel, databases management systems like Oracle and SQL Server desktop publishing software and CAD-CAM systems to facilitate manufacturing, design, and engineering. Robotic process automation is a new business software category that aims to automatize repetitive tasks performed by humans increasing efficiency and reducing costs.

There are many kinds of Business Software. However, the most frequently used ones are accounting, bookkeeping, customer relations management, project management and the management of warehouses and inventory. These systems allow businesses to eliminate manual labor while reducing costs and boost profits.

Payroll systems, communication software, and time-tracking programs are crucial pieces of business software as well. Payroll systems that are current and accurate will increase employee satisfaction and morale. Software that aids in communication between employees and clients can help businesses save money since it helps avoid confusion. Time-tracking software helps employees keep track of their time and provide accurate estimates to clients. This will aid in billing and payment processing by making sure that all hours are tracked. Smaller businesses can manage their finances more easily.

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