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The use of computer software to simplify business processes increases efficiency and reduces costs by reducing the need for manual data entry and the possibility of human error. Business Software includes word processing software (like Word Perfect or Microsoft Word) as well as spreadsheet applications such as Lotus 1-2-3 or Excel, databases management software like Oracle, SQL Server, desktop publishing and CAD/CAM software for manufacturing, design and engineering. Robotic process automation (RPA) is a new business software category aimed at automatizing repetitive tasks performed by humans, thereby increasing efficiency and reducing costs.

While there are many different kinds of Business Software, the most frequently used are accounting and bookkeeping and customer relationship management. They also include project management warehouse and inventory management, and human resources management. These systems can help businesses to eliminate manual work to reduce costs and increase profits.

Business software includes payroll systems, communication programs, and time tracking programs. Quality payroll systems ensure that employees are paid correctly and on time, which boosts satisfaction and morale of employees. Software that allows for communication between employees and clients will save businesses money as it helps to avoid miscommunications. Time-tracking software allows employees to keep track their time, and provide accurate estimates to clients. This can aid in billing and payment processing by ensuring all hours are recorded. This will make it easier for small companies to manage their finances.