There are many types of business application software available in the market. The demand for these business applications have increased drastically.
A business application is nothing but an application that helps in the management of business operations. Here are types of business applications used by all businesses over the world. Also below you will find useful software.
Human Resource Information System (HRIS)
A Unit 4 study disclosed that globally, office employees spend nearly 70 days a year on administrative processes, costing businesses approximately $5 trillion annually. As HR is one of the most essential sectors in any business, implementing a human resources software program can streamline several clerical tasks. Recruitment, employee onboarding, record keeping, training, and payroll can all be monitored and automated through HRIS, which handles digital documentation.
Inventory Control System
As one of the standardized business solutions, inventory management systems monitor stock levels, updates, turnover rates, and automates cycle counts. Integrating inventory systems with replenishment solutions enables automatic reorder points and point-of-sale (POS) systems to show real-time quantities on all items.
This software application eliminates the need to assign employees to manually count, record, and cross-examine stock across multiple locations, saving time and money. Inventory control solutions can also alert users immediately when it detects an error or discrepancy so that warehouse management can rectify the situation promptly.
Communication Software
In order to adequately exchange data, companies need to ensure that communication throughout all departments and locations is streamlined. Communication software, such as web-based email and Microsoft Office, is commonly used to enhance information sharing both internally and externally. However, organizations can also use a cloud-based system integrator to connect all existing software. This creates a centralized database that allows verified users to access reports at any time and work seamlessly with other departments.
Accounting Software
Accounting software helps financial advisors monitor business performance by tracking real-time expenses, revenue, and the bottom line. With up to date information, accountants can ensure books contain relevant data, and the business remains profitable.
5. Service Management Solution
Customer relationship management systems enhance every interaction between a business and consumer, such as transactions and customer service. An effective solution not only enhances the customer experience to save clients time but adequately addresses their concerns in an orderly fashion as well.
Reservation Software
With a cloud-computing reservation system, appointment-based businesses, such as medical offices, salons, and restaurants, can consolidate in-person and online reservations. By integrating appointments from all platforms, companies can prevent understaffing shifts and overbooking clients, hindering customer satisfaction and loyalty.
Schedule Management System
Modern cloud-based scheduling software allows business managers to access and alter employee schedules from anywhere at any time. Some providers offer a web-based interface and mobile app, along with an on-site monitor that allows management and employees to interact and confirm shift swaps and time-off. This accessibility ensures that users can change schedules promptly to avoid confusion and employee absenteeism. Schedule management software also handles labor budgets and payroll to monitor pay cycles and identify top-performers.
Demand Forecasting Software
When integrated with POS and inventory systems, demand forecasting software can sift through historical and real-time sales and stock data to project future customer demand. The data can then be automatically consolidated and generated into detailed reports and analyses to provide actionable insights. With forecasting, organizations can prepare for spikes and dives in demand through proper inventory management, saving on stock and labor costs.
Skype
Skype is application software that can be installed on devices like Windows, Android, and iOS machines. Using Skype, you can communicate with other people over the internet using voice calls, video chats, and text messaging.
ProofHub
ProofHub is a powerful business management software and platform that combines all the features you might need to take care of your business. You can streamline your processes, store and share files, share feedback under one roof with ProofHub. Its mobile app can be used by both Android and iOS users on the go.
Top features:
- Effective project and task management
- Gantt charts to keep your projects on track
- Dynamic reports to get clear insights
- Time tracking to track time spent on tasks
Start managing your teams and projects efficiently with ProofHub!
Flodesk
Flodesk is a fast-growing email marketing service for small businesses. Their focus is on design, enabling small business owners to create beautiful emails and showcase their brand. Flodesk offers workflows that allow users to automate lead magnet delivery, welcome sequences, and more with an easy-to-use visual builder.
Key features:
- Fixed price of $38 per month, regardless of list size
- Unlimited subscribers & unlimited email sends
- Drag-and-drop email builder with layout blocks
- Create email signup forms, even without a website
- Create automated email sequences
StudioCloud
StudioCloud has made a name for itself as a reliable business management platform and company management system in much less time. It is a one-stop solution for your business needs that contains all the features you need to manage your business anytime, anywhere. Go check this business tool to organize and simplify your life.
Top features:
- Manage clients, partners, and vendors at one place
- Create and send professional invoices
- Send automated, personalized, text and email reminders
- Have clients review and sign contracts online
- Easily customize the look and feel of your software
Timely
Knowing how your business spends time is elementary, whether you bill for it or not. Timely streamlines the whole time tracking process by recording everything your team works on automatically. It dramatically reduces time management overhead, while improving reporting and invoicing accuracy.
Top features:
- Automatic time tracking
- Real-time project dashboards
- Sophisticated, client-friendly reporting
- Hourly rates, capacity and overtime
Microsoft Access
Microsoft Access, despite having the name Microsoft in it, is application software. It falls under the category of database management systems, which are software that collect and organize files, documents, and data on your computer.
Photoshop
Photoshop is one of the most popular image editing application software tools. It allows you to edit and manage your photos, but it is application software, not system software.
Also Read: Amazing Photoshop Actions For Your ToolKit
Facebook is application software that can be used to connect with friends using the Facebook social media platform. You can use Messenger to chat with friends, comment on friends’ posts, watch videos, and more.
Facebook is available on the website – that’s not application software. However, it is also available on an app for devices like Windows PCs, Android phones, and iOS phones – and that is application software.
WhatsApp is another application software you can download on various devices to chat with friends and make video and voice calls. The desktop app and mobile app are application software.
Also Read: Best GIF Apps For WhatsApp
Conclusion
There are many different types of applications we use in our daily lives. It could be Gautam Software for bookkeeping, Microsoft Word for creating documents and Spreadsheet – Excel for performing calculations to name a few. Business applications software encompasses these and other functionalities to make them user-friendly and easy to use.