Friday, February 12, 2010

Business Software and its tools

The business software helps a business to increase the productivity or to measure the productivity. Based on the size of the business the software can be used. The Home business uses the home accounting software and the small business organizations use the Microsoft Office and OpenOffice.org. The small medium enterprises (SME) use the wide range of software applications such as group ware, customer relationship management, human resource software, shopping cart software, outsourcing relationship management, and field service software. The other types of software applications used in enterprises are enterprise resource planning (ERP), enterprise content management (ECM), and business process management (BPM).

Types of Business software tools are:
The different types of business software tools are digital dashboards, reporting software, data mining, and business process management (BPM).
  • Digital dashboards: It is also called as executive dashboards. It shows the business condition by using key performance indicators (KPIs).
  • Reporting software: It informs the business condition to the management by providing data.
  • Data mining: It extracts information from different database. The data can be extracted by using utility software. The methods of data mining are statistical method and neural networks.
  • BPM: It is also called as corporate performance management. This type of tool helps in analyzing of business performance.


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