Business Management Software
It is crucial to understand that the distinct disciplines of businesses in the past, their different management approaches, mindsets, behaviors, decision-making ability, and cultures, are now gone. For today’s businesses, systematic business management is simply a requirement. Businesses need a unified suite of business management applications that provides all tools required to run a business smoothly. The top Business management software solutions can connect all business functions to increase the efficiency, productivity, performance, transparency, and profitability of businesses.
What is a Business Management Software?
Business management software is a set of unified applications integrated into one system for managing, optimizing, and streamlining all your business functions. It has features to manage marketing, CRM, finance, projects, databases, documents, workforce, payments, billings, stocks, inventory, suppliers, and more. It helps you organize and harmonize various business tasks under one system.
Why do You Need Business Management Software?
Effectiveness and efficiency are two major factors that have a direct impact on your business revenue. A typical business management software will help you to simplify and automate several business functions. Unlock all possibilities and scale your business to new heights with the proper business management system. Moreover, to respond to market dynamics, you need to be data-driven. All business management tools listed here by GoodFirms are packed with features that help you improve operational efficiency. Without any hesitation, invest in one of the below listed best business management software to effectively and effortlessly take your business to the next level.
How to Select the Best Business Management Software for Your Company?
Amidst equally appealing marketing tactics from software vendors, and with several business management solutions promising excellent business operations and tasks with their tools, making a decision to buy the most suitable and cost-efficient software is a herculean task. GoodFirms assist you in identifying, evaluating, and selecting trustworthy business management software by detailing the price value, features, key aspects, and important factors of the business management software solutions. Here is the most authentic list of the top business management solutions compiled by the software research experts at GoodFirms.
List of The Best Business Software | Best Business Management System
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From daily tasks to entire company workflows, ShowWorks brings teams, departments, or businesses together under one centralized toolset designed to help manage work more effectively. ShowWorks is simple to use straight away, complete with templates for media & entertainment flows - but it also contains hundreds of advanced features to use whenever you're ready. Connect ShowWorks with the tools you ... read more about ShowWorks
Entry Level Price$99 Per MonthFree Trial30 DaysCategory Focus100% in Business Management Software -
Sonido is a recording studio management software that makes the daily management of your business more simplified, efficient, and profitable. From managing leads and projects, easy scheduling, effective management of projects, secure file review and delivery – and everything in between – managing your studio business is about to become much easier. Sonido Software brings together the most comm ... read more about Sonido
Entry Level Price$29 Per MonthFree TrialN/ACategory Focus100% in Business Management Software -
Spire is a business management solution for small and mid-sized businesses. Our software is developed with an intuitive interface and a robust database that uses modern technology for efficiency, flexibility and scalability. With Spire, organizations gain a competitive advantage with greater visibility and control of business operations. Start experiencing the benefits of an accounting, inventory ... read more about Spire
Entry Level PriceContact vendorFree Trial30 DaysCategory Focus50% in Business Management Software -
UK manufacturing (MRP) and business management software for Mac & Windows - powering integrated accounting, CRM, stock control & more. With integrated manufacturing, accounting, CRM & stock control business software proudly created, developed, and supported by Lineal Software Solutions Ltd. ... read more about SQLWorks
Entry Level Price$21.44 Per MonthFree Trial30 DaysCategory Focus33% in Business Management Software -
SQUAVA is a simple, all-in-one, time tracking, management, invoicing, accounting, and forecasting software for your professional service firm. It brings all your critical business day-to-day operations into one online, out-of-the-box software. SQUAVA's smart workflows and features expedite the daily tasks so you can focus on critical efforts which build your business and make you money. It will al ... read more about SQUAVA
Entry Level Price$40 Per YearFree Trial30 DaysCategory Focus20% in Business Management Software -
StackPie
provides a full stack of software for e-commerce, sales, billing, marketing & customer serviceStackPie provides a full stack of software for e-commerce, sales, billing, marketing, and customer service. StackPie is not just another CMS or CRM. It's a complete platform with natively connected all your business modules. Build better relationships with our fast, agile, and robust customer care management suite. While your website is the primary touchpoint of your customers, but most of the CRM ... read more about StackPie
Entry Level Price$25 Per MonthFree TrialN/ACategory Focus100% in Business Management Software -
STEL Order is a cloud and mobile management software that allows you to manage all your business processes in an orderly, fast and secure way. It combines the functionalities of the best ERP, CRM and invoicing program on the market, in a single business management program accessible from PC, mobile and tablet with which you will love to work. ERP, CRM, management software, invoicing software… Th ... read more about STEL Order
Entry Level Price$50 Per MonthFree Trial15 DaysCategory Focus20% in Business Management Software -
StreamLeader ERP/CRM/HRM is a complete business management software that gives managers an unprecedented level of insight and control over the management of business functions. Streamleader ERP/CRM/HRM combines project management, resource management, job and task management, and reporting functions in the cloud so that modern business managers can effectively run their business anywhere, anytime. ... read more about Streamleader
Entry Level PriceContact vendorFree TrialN/ACategory Focus50% in Business Management Software -
We make Synergy - business and project management software for architecture, engineering, and construction design people (AEC). Our goal is to give AEC people #moretimefordesign. Synergy is like a wingman to your business. It's pure cloud software that works on any web-enabled device. All you need is an internet connection, web browser, and your smartphone, tablet, laptop, or desktop computer. ... read more about Total Synergy
Entry Level PriceContact vendorFree TrialN/ACategory Focus33% in Business Management Software -
Trade Trak offers simple solutions for tradies facing common issues with job management. It's been designed to minimize the time spent on administrative duties, to free up time for extra jobs or for your home life. The app allows you to quote and invoice clients, manage your team, build, complete and store reports and SWMS, record payments, upload files, record notes, and much more - all from your ... read more about Trade Trak
Entry Level Price$1 Per MonthFree TrialN/ACategory Focus50% in Business Management Software -
VisionCore is the first .NET Accounting and ERP software that is Connected, Customizable and Scalable. This software is powerful, yet simple-to-use accounting and ERP solution. You will find much time has been spent in making the interface appealing and easy to understand yet still providing all the power your organization needs to run your business. This will save you a lot of time and money when ... read more about VisionCore
Entry Level PriceContact vendorFree TrialN/ACategory Focus25% in Business Management Software -
WorkingPoint is the complete online solution for managing a small business. This page is your starting point to learn more about product features. WorkingPoint connects your accounting with your bank and credit card accounts, so you can save time on data entry and avoid common data entry errors. As the old adage goes, “Time is money.” WorkingPoint’s time tracking helps you keep track of your ... read more about WorkingPoint
Entry Level Price$9 Per MonthFree Trial30 DaysCategory Focus50% in Business Management Software -
Zuitte offers a full stack of software designed specifically for modern entrepreneurs to help run and grow your business from one convenient app. Zuitte software is purpose-built for dropshippers, Amazon FBA sellers, YouTubers, social influencers, freelancers, and everyday entrepreneurs for mastering the business essentials without breaking the bank. All of Zuitte's tools either match or exceed th ... read more about Zuitte
Entry Level Price$79.99 Per MonthFree Trial7 DaysCategory Focus100% in Business Management Software -
Enerpize is offering industry custom solutions to solve small and medium businesses' problems and help them effectively access and manage their organizations. All-in-one, cloud-based solution to manage your finance, accounting, sales, inventory, clients relations, employees, operations, and more. Unleash new opportunities by managing your business through enterprise where productivity goes hand in ... read more about Enerpize
Entry Level Price$9.99 Per MonthFree Trial14 DaysCategory Focus50% in Business Management Software -
Xebra is a powerful, unified financial suite that gives an instant, accurate and comprehensive view of the entire business performance. It helps entrepreneurs unlock growth opportunities at every stage of their business journey. Its integration of Invoicing, Expense, Purchase, Inventory, Asset, Payroll, HRMS, Tax, Banking & Accounting modules saves them a vast amount of time and money ... read more about Xebra
Entry Level Price$2.69 Per YearFree TrialN/ACategory Focus100% in Business Management Software -
Built for landscape contractors with over $1 million in annual sales, Aspire's landscape business management software will help you eliminate spreadsheets, manual processes, and siloed solutions so you can have confidence in the data you need to run your business. Its end-to-end functionality will help you gain full visibility into your business, make better decisions, and increase profit margins. ... read more about Aspire Landscape
Entry Level PriceContact vendorFree TrialN/ACategory Focus34% in Business Management Software -
Job Management Software. From quote to invoice, you can control every aspect of your business. Easily track & manage your business & equipment. Anywhere, anytime on any device. JGID – Just Get It Done! Has all the features needed in order to say goodbye to lots of add-ons & integrations. Trusted and tested by professionals worldwide. Say goodbye to those late night work headaches. Perfect for jo ... read more about JGID
Entry Level Price$99 Per MonthFree Trial14 DaysCategory Focus50% in Business Management Software -
AllProWebTools is a tool that combines all inventory, customers, leads, emails, tasks, and orders between your online shopping cart, in-store POS, and mobile devices. One login and one solution to manage content, lead generation, and tracking to shipping to order tracking to customer re-engagement and re-marketing. As the first solution to combine an email marketing platform with an eCommerce engi ... read more about AllProWebTools
Entry Level Price$30 Per MonthFree TrialN/ACategory Focus50% in Business Management Software -
CAFLOU is a complex yet easy-to-use online business management system ideal for marketing agencies or IT teams. With CAFLOU you will be more organized, work more efficiently and save time or automate. You will have all your information and data in one place, linked together: clients, contacts, cashflow, projects, tasks, timesheets, files, invoices. ... read more about Caflou
Entry Level Price$11 Per MonthFree TrialAvailableCategory Focus10% in Business Management Software -
Zenys is a cloud-based business management software for small businesses and freelancers that helps them manage their business from getting inquiries to tracking payments. Users can manage clients and sales, manage expenses, schedule tasks, invoice customers, track payments and do many more to organize their business. Zenys provides customer and sales management functionalities that help users to ... read more about Zenys
Entry Level PriceContact vendorFree TrialN/ACategory Focus100% in Business Management Software -
Beacon Cloud Accounting is specially designed for established business and SMEs to migrate to cloud easily. You get to retain all the documents and functions you love while going cloud. ... read more about Beacon Cloud
Entry Level PriceContact vendorFree TrialN/ACategory Focus50% in Business Management Software -
17hats provides a single hub for client communications, proposals, contracts, online payments, project management, bookkeeping, client management, and more. Designed to eliminate busywork, 17hats simplifies repetitive tasks with templates and automated workflows. At home or on the go, more than 40,000 entrepreneurs us 17hats to organize, systemize, get paid faster, grow their business, and land mo ... read more about 17hats
Entry Level Price$17 Per MonthFree Trial7 DaysCategory Focus34% in Business Management Software -
Oracle's PeopleSoft applications are designed to address the most complex business requirements. They provide comprehensive business and industry solutions, enabling organizations to increase productivity, accelerate business performance, and provide a lower cost of ownership. ... read more about Oracle PeopleSoft
Entry Level PriceContact vendorFree TrialN/ACategory Focus33% in Business Management Software -
GlassManager is a cloud-based software specially designed for glaziers. Easily create different types of Estimates, get Vendor Quotes, Create Glass drawings and share them with customers and field staff, send online approval links, schedule tasks linked to jobs for Field, Shop, and Office Staff. Mobile access for your field staff to manage Timesheets and register hours in real-time and in the exac ... read more about GlassManager
Entry Level Price$85 Per MonthFree TrialAvailableCategory Focus100% in Business Management Software -
Timely is a user-friendly software for businesses. Fill your calendar, maximize your booked time, and delight new and existing clients with a beautiful and intelligent booking solution. They are here to grow the value of the beauty industry, with you and for you. Join the Timely community of 55,000 supportive & connected beauty professionals and get access to innovative business management softwar ... read more about Timely App
Entry Level Price$20 Per MonthFree Trial14 DaysCategory Focus20% in Business Management Software -
Want an easy cloud-based or desktop software to manage your retail or wholesale business? A Software that helps you manage your store inventory, branches, customers, invoices, and taxes all in one? Then BIZSolution GST & Billing Management Software is the one for you. The complete Billing software offers you easy management of your business stock, its suppliers, customers, sales, and multiple ... read more about BIZSolution
Entry Level PriceContact vendorFree TrialAvailableCategory Focus100% in Business Management Software -
The integrated Planfix platform allows users to manage tasks and projects, CRM, sales, marketing, production, logistics, support services, finance, and human resources all at once. Data transfer between teams is seamless — for example, transactions during the implementation stage become projects, which are then transferred to support. Flexible access settings allow users to view only the info ... read more about Planfix
Entry Level Price$0 Per UserFree Trial30 DaysCategory Focus100% in Business Management Software -
FieldHub
All-in-one SaaS Platform with Integrated CRM, Field Service, Accounting, and Revenue ManagementIntegrate your management of sales, workforce, inventory, and recurring revenue in one intuitive platform. Main features: Customer Relationship Management (CRM) Sales & Proposal Management, Scheduling & Dispatch, Warehouse Management, Field Technician Mobile App, Systems Management, Customer Portal, Project Management and Job Costing, Recurring Billing and Receivables Automation, Time Tracking an ... read more about FieldHub
Entry Level PriceContact vendorFree Trial30 DaysCategory Focus30% in Business Management Software -
Designed by professionals and experts in business management, Pandra responds to all the difficulties of business management processes, team management, and project management. Adopt a complete all-in-one solution, and centralize all activities on a single tool. Key features include, - Quotation creation - Creation of invoices - Creation of automated recurring invoices - VAT management - Bu ... read more about Pandra
Entry Level PriceContact vendorFree Trial30 DaysCategory Focus100% in Business Management Software
Buyer’s Guide
Introduction to the Buyer’s Guide to Business Management Software
A comprehensive business management software unearths a company’s operational efficiency by delivering cross-functional capabilities that anchor sustainable transformation across all departments and the entire business chain. Business management systems save time and remove all bottlenecks by acting as a single interface for all the business functions. It increases agility and drives maximum value from business efforts. Running all business processes on a single operating platform provides you better control, visibility, and insights into your business.
However, choosing the suitable business management software is crucial to reap the benefits provided by the business management technology. Businesses looking for reliable business management software can read this buyer’s guide to uncover the most suitable solution for their needs. This buyer’s guide discusses in detail everything you need to know about the business management software for making a prudent investment decision.
What is a Business Management System?
Business management system is an application that has several individuals but related tools to manage all processes of a business. From sales, services, operation, and finances to websites, marketing, human resources, and customer service, the business management tools have modules to take care of all activities that run your business. It provides multiple applications built on a single framework and flexible architecture. It eliminates organizational silos and creates an environment of trust, transparency, and easy collaboration.
What Happens Without Business Management Software?
Without business software solutions, companies have to cobble together various software tools for separate processes. It makes the overall business process time-consuming, expensive, and inefficient. If you add the minimum average cost for the below software such as:
- CRM software
- HR software
- Document management software
- Accounting software
- Email marketing software
- Communication tools
- Proposal management software
- Project management software
- Marketing automation software
- Time Tracking Tools
- And more...
Then, the overall cost of all the software solutions together is considerably higher than the cost of a unified business management software.
Also, organizational silos created due to ‘separate’ applications can reduce productivity by keeping critical data restricted to individual departments. Business management software makes each department of your organization self-reliant without being dependent on other departments for information.
What is the Main Purpose of Business Management Software?
Disparate applications for sales, marketing, workforce management, communications, customer service, finance, inventory management, and operations can cause chaos without real-time data integration into a centralized vault. Fetching records, reports, and data from multiple sources can take away a lot of valuable time. Consolidation of dispersed data is critical for an enterprise-wide view of your business. The main purpose of business management software, therefore, is to act as a unified solution to manage all your business functions from a single dashboard of an integrated software application.
How Does a Business Management Software Work?
Most Business management software solutions are scalable and flexible to fit any corporate size. They can be used for all small, medium, and large teams. They are built to make running business operations super easy for managers.
A typical business management software:
- Works by streamlining all processes and automating primary business functions.
- Implements combined organizational strategy
- Standardizes back-office workflows and capabilities
- Centralizes business data, consolidates multiple security permissions, and makes data accessible to business managers and users in real-time.
- Keeps records of all transactions, customer profiles, inventory, employees, payrolls, etc.
- Responds proactively to customer-facing functions and issues
- Provides quantifiable improvements in overall business productivity
What Are the Various Types of Business Management Software?
On-Premise
These types of business management systems are licensed, and businesses can install them within their IT infrastructure. On-Premise business management systems are mostly deployed by businesses seeking to keep their data on their own local servers.
Web-based
These types of online business management platforms are hosted by third-party solution providers. Web-based online business management platforms can be accessed from anywhere with a User login ID and secure two-layered passwords.
Cloud-based
These types of business management software are hosted through cloud solution providers. These are popular with large business organizations that require extensive features, massive data storage capacities, and extreme flexibility. The cloud-based business management solution is a SaaS (Software as a Service) product that allows business managers and their customers to access the services through internet-enabled devices.
Open Source
These types of business management software allow users to customize source code for more features, modify inbuilt settings to suit internal needs, and add extra plugins to enhance the capabilities, usability, and functionality of the software. When companies need to accommodate specific features in their business management solutions that are unavailable with any vendor, then open source business management software can be the right choice.
What are the Various Functions Covered by the Business Management Software?
Various Functions covered by business Management software include:
- Accounting and Taxes
- Budgeting and Invoicing
- CRM
- Project Management
- Time Tracking
- Employee Scheduling
- Calendar Management
- Sales and Marketing
- Asset Management
- Resource Management
- Social Media Management
- Document Management
- Communication
- Business Intelligence and Analytics
- Workflow Automation
- HR management
- Appointment Scheduling
- Procurement and Supply Chain
- Payment Integration
- And more...
What Are the Benefits of Business Management Software?
Save Costs: Separate systems increase subscription charges, license fees, staff training costs, etc. By utilizing the services of a single platform for all processes, you can bring down operating costs significantly.
Eliminate Miscommunication: Even after training staff for using multiple systems, chances of miscommunication are more when employees work on multiple applications. BMS eliminates the need for multiple systems, and thus your staff can communicate accurately with all information on a single platform.
Bring Transparency: When everyone is working together on a single application, transparency of processes can be achieved easily. Everyone gets on the same page when it comes to deadlines, reports, sales figures, project tasks, etc.
Increase Efficiency: All round client information, project data, employee overview, and a 360-degree view of all business processes increases efficiency and decision-making competencies.
Secure Data: The business management solutions have encrypted data vaults, access control mechanisms, and secure systems to keep your data safe from any cyber attack.
Saves Time: Without integrated solutions, collecting information from standalone systems and entering at one place takes a lot of time. BMS tools save time by eliminating the need for the collation of data.
Other Benefits:
- Scalable systems
- Cater to all Industries
- Low Cost of Deployment (Cloud-based Models)
- Simple Interface and Intuitive applications
- Customizable and transparent
- Reduce Manual Processes
What Are the Top Features of Business Management Software?
Client Management: Features for managing customers, leads, sponsors, partners, etc.
Scheduling: Features to schedule client meetings, events, employee working shifts, field visits, etc.
Finance Management: Conducting account audits, billing, invoicing, bookkeeping, etc.
Purchase Management: Features to manage procurement, quotations, proposals, suppliers, etc.
Sales Management: Managing sales teams, product catalogs, sales automation, sales inquiries, and contracts
Marketing: Creating and managing marketing campaigns, lead generation, funnel mapping, marketing automation, and more.
Project management: Visualize project timelines on Gantt charts, create project workflows, deadlines, project orders, equipment tracking, employee productivity tracking, and many more.
Document management: Tools for storing, organizing, and sharing documents, protecting documents from cyber-attacks, e-signature module for important documents, automated form submissions, etc.
Workforce management: Features for HRM, workload management, time tracking, employee benefits management, scheduling, absence and leave management, remote employee monitoring, work reports, etc.
Social Media Management: Managing social media accounts, online chats, campaigns, and online reputation management
Communication: Tools for communicating with staff, vendors, teams, departments, customers, etc. Features for collaboration, one-on-one chat, group chat, team chat, videoconferencing, etc.
Payment: Features for accepting payments, recording payment history, card processing, multi-currency payments
Automation: Features for automating business workflows, marketing, and sales processes, schedules, payroll, documentation, etc.
Website Tools: Some business management applications also come with website builders that allow business owners to make, maintain and update their websites easily.
Use Cases of Business Management Solutions:
Department Wise Offerings:
Sales
Business management software provides a structured set of tools to the sales teams for lead generation, lead capture, and lead conversions. It automates sales processes such as creating sales invoices, orders, quotes, etc., provides sales intelligence, and the facilities to conduct live chats with customers and connect with them via social media.
Marketing
The business management system equips marketers with tools to get maximum output from their marketing budget. It unleashes visual analytics, goal tracking, personalization, cross-channel engagement, effective email marketing campaigns, etc.
Customer Support
Tools to service customers via email, phone, live chat, social media, and web channels. Businesses can provide AI-enabled self-service options to customers and remote assistance.
HR
Tools for employee recruitment, talent management, employee engagement, tracking, and onboarding. Create HR policies, manage performance, time-offs, and payroll using a business management system.
Finance
Tools for managing finances, business accounts, assets, liabilities, tax, financial statements, payables, receivables, profit and loss statements, expenses, etc.
Process Wise Offerings
Inventory Management
Business management tools provide features to update, track, and order inventory in alignment with sales. These solutions give an accurate understanding of inventory, prevent inventory theft, and balance supply and demand for businesses.
Accounting and Billing
Business management software saves companies from chasing bills and late payment issues. From one time billing, recurring bills to subscriptions, it automates billing cycles and also helps in fraud detection. It can set up multiple modes of payment acceptance in multiple currencies.
Project Management
With features for collaboration for projects, creating task timelines on Gantt chart, workflow automation, document sharing, timesheets, and more, business management software is all you need to manage projects efficiently.
Automation
Businesses can automate various repetitive tasks, activities, processes that increase efficiency and productivity. Automation is crucial for lengthy processes such as employee onboarding, purchase orders, work orders, procurement, compliance, etc.
Social Media
Business tools assist in social media marketing, monitoring, analytics, and scheduling. It helps in creating, managing, and optimizing social media campaigns, branding and promotions. It also has tools that let businesses address customer queries from social media handles.
Collaboration: Tools for communication, live chat. Messengers, mind maps, notifications, alerts, team communication, etc.
What is the Utility of Business Management Solutions in Various Industries?
Manufacturing: In the manufacturing industry, business software provides complete visibility of the production plant and helps in reducing redundant manual processes. Asset tracking, automated work orders, analytics, supply chain and contract management features of the business management system are particularly important for manufacturing industries.
Marketing Agencies: With campaigns management, team coordination, tasks, client, and project management modules in one place, marketing agencies can redefine their workflows to focus on what really matters to the clients. Business management systems have drag and drop planners, Kanban boards, Gantt charts to streamline their tasks.
Construction: Business management solutions provide digital workspaces where construction businesses can manage their projects, employees, on-site workers, finances, and assets under one roof. The tools also help them in compliance management, resource allocation, income and expense reporting, financial health monitoring, and marketing of projects.
Education: For educational institutes, especially the one that imparts higher education, cross-department communication, research collaboration, administrative efficiencies are the three most critical areas where business management software streamlines all essential activities. It has modules for staff scheduling, student management, reporting, and more.
Financial Services: Financial and banking services can deploy business management systems for successfully communicating with customers, improvising operations, forecasting, automating processes, and boosting productivity.
IT sector: Tools that monitor, manage, and assist project completion, automate routine tasks, provide IT managers communication channels to keep clients informed during project phases, team chat options, etc.
Legal Services: Workflows in legal services are complex and require error-free execution. The inbuilt tools in business management software assist legal professionals in managing their cases in one place, raising invoices, set up recurring billing, schedule client meetings, and get a real-time overview of current casework.
Freelancers: Freelancers need software solutions that help them in creating quotes, invoices, proposals, and project timelines. Business management software does it all and also helps freelancers in managing clients, listing their products and services, making their website, reducing payment invoice related errors, and more.
Retail Businesses: Sales, POS, CRM, and Inventory are the most important functions for retail businesses. Integrated business management solutions enable retailers to handle all daily workflows from a centralized system.
How Can Small Businesses Improve their Productivity by Deploying a BMS tool?
A right mix of services, tools, and techniques is required to increase productivity and boost profitability for small business establishments. Small business management software comprises various modules that serve broader business elements and uncovers productivity. It also helps in increasing customer satisfaction and leads to an exponential growth of the client base.
It provides comprehensive analytics needed for forecasting business circumstances, finding selling opportunities, and capturing more leads. It takes care of all channels that small businesses use to reach clients, eases complicated tasks, automates redundant activities, handles even the unplanned situations with smart tools.
What is the Average Cost of Buying Business Management Software?
The average price of business management software depends on multiple parameters such as:
- Number of Modules it has
- The type of interface it offers
- The number of users, customers, tasks, and projects it can handle simultaneously
- Number of currencies, languages, devices, Operating systems it supports
- Quality of service, uptime, and functions offered
- Type of Deployment, or license purchased
- Type of plan sought/size of your business
Utiliko comes for $29 per user per month for the standard plan. Flowlu comes for $59 for its 16 users business plan and $199 for unlimited users enterprise plan. Fortifi comes for $50 for five users plan and 2500 customers and $400 for unlimited users and unlimited customers plan. All-in-one business management software such as SuiteDash starts for $19 per month with no limit of users. For its pinnacle plan with more features, you need to pay $99 per month. Pulseway PSA’s plans start for $27 per month per 10 workstations. Knack business management software's basic plan is free for three users/per month and $10 per month for its Pro plan.
There are also specially designed business management software for small businesses such as Deskera. It comes for $149 per year per user. For other free versions of business management software, choose from StudioCloud, Onesoft, Bitrix24, Dolibarr, LMN, etc. You can also deploy a free and open source business management software such as ApacheOfBiz.
What Factors Should One Consider Before Investing in Business Management Software?
Business owners should meticulously consider the following factors about the business management software before making an actual purchase:
- Whether the software has all modules needed to run your type and size of business?
- Is the system future-ready to accommodate more features when your customer base grows?
- Is the business management technology solution accessible on all devices such as desktops, laptops, tablets, mobile phones?
- Whether the software provides encrypted servers, cybersecurity measures, and data access permissions or not?
- Can online business management software work smoothly with low bandwidth internet connectivity?
- Does the software vendor provide reliable, 24/7 customer support?
- Is the software sophisticated, user-friendly, and easy to navigate?
- Does the solution ensure regulatory compliance for protecting user data?
- Whether training, updates, customization, and upgrades are available easily?
- Does the software vendor provide a free version or free trial/free demo of its services?
- Does it limit the users and storage?
- Does it provide full visibility over all business operations and processes?
- How easy is it to train employees and users to use the software?
- Does it have the required storage capacity?
- Can it process all types of purchase orders?
- Does the software provide offline accessibility?
- Is the interface multi-lingual?
- Can it provide custom reports?
- If it has a native mobile application?
What Are the Current Trends affecting the Business Management Software?
The top trends in the business management software field that you should know are:
- Shift Towards Cloud: Companies are moving towards cloud-based applications that provide easy implementation, faster and simplified updates, robust security, and lower costs.
- Adoption of AI: 30% of organizations have planned to increase investments in artificial intelligence despite the pandemic. Businesses are recognizing the benefits that AI delivers to them and, therefore, are more willing than ever to adopt AI. Now, AI is not merely the buzzword for experts but an essential for innovative workflows.
- Increased Use of Mobile Applications: There is an increase in the use of Native mobile applications to boost productivity, agility, and mobility for businesses. Businesses that want their employees to stay connected to the office while working from home or field are moving to mobile-based applications.
- Powerful Big Data Analytics: The burgeoning amount of data produced by today’s businesses can be used for enormous economic benefits. Big data analytics has proved to be highly effective for all industries and sectors. By 2022, annual revenue from the global big data and business analytics market is expected to reach 274.3 billion U.S. dollars.
- IoT: With devices connected with the internet, businesses are unleashing improved asset tracking, business intelligence, and business management. IoT stirs up the business management landscape by providing operational excellence.
- User-Friendly Business Management Solutions: User has become the pivot around which technologies take shape in Industry 4.0. Business management solution providers are focussing on user experience more than ever before.
Why Refer to GoodFirms’ List of Business Management Software?
As an organization that stands as a top B2B research and review platform to organizations across the world, GoodFirms extends a transformative approach by allowing its users to navigate through each of its software listing pages. Currently, GoodFirms offers a behemoth listing of more than 60000 software products and services and more than 30000 authenticated reviews from verified users. Companies can go through the authentic list of business management software solutions compiled by GoodFirms to make their businesses agile and technically efficient.