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Computer software can be utilized to simplify business processes, increasing productivity and reducing costs. This is accomplished by eliminating the manual data entry process and limiting human errors. Some examples of Business Software are word processing programs (like Word Perfect and Microsoft Word) and mathematical spreadsheet programs such as Lotus 1-2-3 and Excel, databases management systems like Oracle and SQL Server desktop publishing software, and CAD-CAM systems that aid in manufacturing, design, and engineering. Robotic process automation (RPA) is a new business software category aimed at automating repetitive tasks performed by people, improving efficiency and decreasing costs.

There are a variety of Business Software. However, the most common applications are accounting, bookkeeping and customer relationship management. They also include project management and managing warehouses and inventory. All of these systems enable companies to eliminate manual tasks while reducing costs and boost profits.

Payroll systems, communication software, and time-tracking programs are crucial components of business software, too. Payroll systems that are up to date and accurate can boost employee satisfaction and morale. Communication software makes it simple for employees to communicate with each with their colleagues and clients from outside as well as save businesses money by avoiding confusion. Time-tracking software helps employees keep track of their time and provide accurate estimates for clients. This can assist with payment processing and invoicing by ensuring all hours are accounted. This makes it easier for small companies to manage their finances.