5 types of business management software to digitize your business


In recent years, business management has reached new levels. Many businesses are already modernizing because they see the need to digitize the way they work. It's not a question of fads or trends, it's about staying at a competitive level that allows them to survive and not lose customers.

The digital transformation is carried out in different ways in each company, but it has been proven that having a business management software is essential. It used to be common to use Excel and keep all files on a local computer, even without a backup. That is a thing of the past. Anyone who appreciates their business should make use of different types of management software to automate and manage everything in a more efficient way.


Benefits of using a business management tool

One of the main advantages of using business management tools is that you can automate many repetitive tasks that are done by hand. This saves technical and human resources, which could be used for other more important tasks, such as adding financial improvements for the health of the company.

Nowadays most business management tools allow us to host all files in the cloud, which protects all the work done and allows us to consult it from anywhere with an Internet connection.

Employees can perform their work more efficiently, as all data is collated between the departments that need it. For example, synchronizing data between HR and payroll departments brings a lot of efficiency.

Let's see what are the 5 most used types of business software to boost the business of freelancers, SMEs and companies in general.

CRM

A CRM is a system for managing customer relationships. This is very important when it comes to improving the sales process and maintaining a good relationship with customers. With this type of software you can keep track of the potential customer during all stages of the sales process: store data, access them and manage them from marketing and sales departments, for example.

ERP

An ERP or Enterprise Resource Planning is a comprehensive management tool for companies with which all resources are planned. They usually have different modules that can be added or removed depending on the type of company and its needs. That is to say, it can be configured to manage areas such as invoicing, logistics, human resources, suppliers, etc. Thanks to this, many tasks and calculations can be automated, synchronizing data from all departments.

Financial management software

There are some software solutions exclusively for the financial management of the company. This is used to keep a comprehensive control of both assets and liabilities. It keeps track of cash inflows and outflows, and facilitates the completion of the cash flow, income and balance sheet in a few clicks.

Human Resources Software

In medium and large companies it is very useful to have a software for human resources management. In this case it is used to keep track of attendance, schedules and to analyze employee performance. It also collects data on vacations, overtime and sick leave to be reflected in payrolls. In short, its uses are very practical in any business with a certain number of employees.

Productivity management tools

When you have to manage fairly large teams or departments or with many tasks to perform, productivity is essential. To do this, it is good to use software that allows you to assign tasks, label them according to the process they are in, and the person in charge can communicate with the team easily. Using these types of tools greatly increases productivity, especially when working remotely.

Making use of any of these types of business management software is essential to digitize your business. This is the only way to make it more productive and keep up with the competition.

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