| Business software generally means software | | | | in the economy of developed and developing |
| programs that can be used by business and | | | | countries. Software developing countries like |
| companies to carry out business activities, | | | | India are doing good business by exporting |
| or to increase or measure their business | | | | business software to developed countries. The |
| productivity. Business software solution is | | | | sprawling BPO sector is providing business |
| tailor made software for specific business | | | | software solution to many MNCs and domestic |
| purposes such as railway and airline | | | | companies. |
| ticketing system, billing and inventory | | | | |
| control system for department stores etc. | | | | Small business software markets throughout |
| Business software can do away with any type | | | | the globe and has captured a substantial part |
| of business activity such as cash | | | | of the software market in recent times. Small |
| transactions, receipts, issues, returns, | | | | business software may include toy and game |
| rejections, interests, and depreciation, | | | | software, audio-visual software, accounting |
| which entail final accounts, profit and loss | | | | software etc. Electronic spreadsheet |
| accounts, balance-sheet etc. | | | | software, a business software solution, has |
| | | | engaged itself successfully in the vast use |
| A computer machine and business software are | | | | of microcomputers. |
| interdependent, with computer technology | | | | |
| becoming more advanced with each new software | | | | There are standard softwares available for |
| addition. Nowadays even a tiny business | | | | business such as Microsoft Excel, Word, |
| entity tends to use small business software | | | | Access, and Outlook etc., which cater to the |
| for its easy to handle and ready to use | | | | everyday needs of most businesses. However |
| features. Many of the business software are | | | | custom business softwares have many |
| plug and play type for which no special | | | | advantages over standard business software. |
| computer knowledge is essential. However, for | | | | The custom business software can customize |
| complex calculations, tedious programming and | | | | the functions and features in a manner |
| special technical training, business software | | | | required by the customer, be they automatic |
| with learning tools is exceptionally helpful. | | | | generation of letters, automatic sending of |
| IT companies on the other hand sometimes use | | | | emails, deadline reminders, printing of |
| business software for training purposes, | | | | receipts and bills, tracking of customers and |
| enabling modern technologies like medical | | | | orders. Many business softwares use |
| transcription. | | | | operational research methods and algorithms |
| | | | for optimum utilization of resources, |
| The business software market is a billion | | | | maximizing profits and minimizing costs. |
| dollar industry today and any one with a | | | | Business software has the potential to |
| sound knowledge of the system can make his or | | | | maximize the efficiency of businesses, |
| her own earnings very easily. Business | | | | systematize the way business is done and keep |
| software has acquired an important position | | | | the business under control. |