Software can help you to run your business more efficiently by organizing information and automating tasks. But just which software do you need as a business owner? This post delves into some of the useful applications that could be worth using.
Accounting
For doing your bookkeeping, accounting software is a must. The best accounting programmes can be used to automatically track expenses, calculate tax, generate invoices and make financial reports. It’s vital to choose software that is secure and scalable. Make sure your software also integrates well with other applications – some accounting programs are better at this than others.
Payroll
If you decide to hire employees, you will need payroll software. This software can be used to pay wages, employee taxes and benefits. The likes of this Irish payroll software can also be used to manage various HR tasks like tracking hours, attendance and holiday (although there is separate HR software you can buy for this). Some accounting programmes may also be able to carry out payroll services.
CRM
CRM stands for ‘customer relationship management’. This software can be used as a control centre for managing all interactions with customers – including phone calls, texts, emails, social media messages and instant messages. Many CRM applications also allow you to manage marketing campaigns, as well as storing and analysing customer data. You may also be able to automate tasks using this software such as reminder texts, follow-up emails and even social media content.
Project management
Project management software can help you to keep track of various different projects and their level of completion. It’s particularly useful if you have a team of staff who are all doing different projects for you – you can use this software to distribute tasks and monitor progress. You’ll find project management applications targeted at specific industries such as software for managing field agents, a fleet of vehicles, a marketing agency or a construction site.
Inventory management
If you have a lot of inventory to keep track of, it could be worth looking into inventory management software. Options like WMS (warehouse management system) software are typically used by warehouses to keep track of items coming in and out. If you run a store, a form of POS software that can keep track of all products stocked and sold could be vital. You’ll find inventory management software solutions targeted at different industries.
Word processing
Almost every business can benefit from having word processing software for writing tasks. Spreadsheet software and presentation slides software could also be useful. This software is typically purchased as part of Microsoft 365’s package, but there are other options that you can also use such as Google Workspace. This guide compares Microsoft 365 and Google Workspace.
Cybersecurity
Keeping your company’s data secure is essential. Make sure that you have robust cybersecurity software installed across all your devices. The best cybersecurity software can help you to identify threats, backup data and deflect attacks. Choose software that protect you against your industry’s unique risks.