A business application or business software is any software or set of computer programs which are used by companies’ users to perform various functions. Normally, business applications are used to improve company productivity, measure the business profits, and perform all the business functions correctly.
Business applications are developed to satisfy the company needs. Hence, they are usually not adapted to other organisations. As well as this, they can be interactive, be built in-house or purchased from outside vendors.
Depending on the size of the company, business application focus on different topics. Small businesses adopt business applications such as accounting software and office suites. Medium size companies choose different types of software, ranging from accounting to groupware, from CRM to HRMS. As well as this, they invest in applications which can improve their outsourcing relationship management and shopping cart. Large enterprises invest in applications which deal with resource planning, content management, process management and product lifecycle management.
The development and adoption of business applications bring different benefits. Firstly, business software helps organisations to increase their profits, improve their performance and reduce their costs. Secondly, business applications are usually simple to use and they don’t need any training and instructions to be utilised. Thirdly, business applications save time and money as people can develop their work without using expensive servers and automate their tasks.
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