Business software is a suite of computer software used to automate and streamline a company’s processes, allowing it to work more efficiently and avoid errors. These software tools are typically used to manage a wide range of tasks, including bookkeeping and accounting billing, asset management desktop publishing, and payroll management. They can be bought or developed in-house however they can also be purchased as off-the-shelf (OTS) products and are typically used on desktop computers or large servers.

Cloud computing has transformed the way businesses utilize business software which has reduced the need for costly infrastructure and providing easy integration with other tools. New technologies such as artificial intelligence (AI) and machine learning are also transforming business systems by automating tasks, improving data analysis, and delivering predictive insights.

Software tools can be influenced by the needs of a specific industry. For instance, a software to monitor customer interaction and stock rotation could be more important to certain firms than others, based on the kind of products or services provided.

The most popular business software options include customer relation management (CRM) and project management (PM) software, and invoicing and payment tracking tools. Other options to online storage for business competitive market positioning consider are web-building software, document generation and organizing tools, time-tracking applications, and collaboration and communication platforms like Google Workspace or Trello. A business system must also be user-friendly and have navigation tools. This can reduce costs for customer support as it allows users to locate information quickly.