Essential Enterprise Software in a Business
                        Essential Enterprise Software in a Business
Rosalina Wolf
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An Enterprise software or application is a business oriented tool designed 
to address the requirements of an organization. It is a set of programs by 
which the business processes for different purposes can be enhanced. 
Enterprise software is a computer-based software and can also be 
considered as Enterprise Application Software (EAS). Enterprise software 
is widely used in businesses to enhance the work process and develop 
applications unique to the organization. It customizes the processes of 
different businesses, educational institutions, government and non-
government organizations, interest-based user groups etc.
Types of Enterprise Software That are in Trend
1. Accounting Software
Accounting software is used to deal with the different business 
transactions in an effective manner. It makes a business unit to record the 
business transactions in a systematic manner, that are made with 
customers, clients or other vendors. 
The modules like accounts payable, accounts receivable, payroll, billing, 
book keeping, sales order, purchase order, general ledger, trial balance are 
helpful to deal with the daily business activities.
Examples of accounting software: QuickBook, Microsoft Dynamics GP, 
SAP Business One, Microsoft Money.
2. Customer Relationship Management (CRM)
Customer relationship management is basically used to set up an 
interaction with the customer. It may be related to different services or 
sales. CRM mainly focuses on business-to-consumer (B2C), where an 
organization focuses on basic requirements to establish a good 
relationship with the customers. 
With the help of CRM software managing the business, improving sales 
and services, making new strategies to develop business, maintaining the 
business contacts, understanding the requirements of other party and 
doing interaction with clients with a motive to provide services becomes 
effective. By which retaining the position in the business becomes easy 
and the organization’s profit also get increased.
Examples of CRM software: Microsoft Dynamics CRM, Microsoft 
Dynamics NAV, SAP CRM, Zoho Office Suite.
3. Enterprise Resource Planning (ERP)
ERP is a business process management software that comprise of 
different things to deal with the business activities in an effective manner. 
It helps in manufacturing & sales, finance & accounting, human resources 
or payroll. Enterprise resource planning software enhances the 
productivity to receive higher profits in a business. 
Enterprise resource planning software works effectively to make the best 
use of workforce, hardware and software that are available in a business 
unit and turns business activities into result oriented.
Examples of ERP software: SAP ERP, Microsoft Dynamics AX, 
Microsoft Dynamics NAV, Oracle ERP.
4. Supply Chain Management (SCM)
Supply chain management software reduces the effort of managing 
inventory manually. It helps to improve business operations by 
automating the supply chain process. The software improvises the 
management activities and help in to focus on increasing the profit and 
productivity. 
The tool tracks the records of existing inventory to manage the products 
in a systematic way. It enables effective planning based on the demand, 
so that production levels can be set according to customer requirements.
Examples of SCM software: QuickBase, Fishbowl Inventory, 
Rubberstamp, Freightview.
5. Enterprise Asset Management (EAM)
Enterprise asset management can be used by the industries like 
manufacturing, healthcare, hospitality, public sector, oil and gas, etc. 
Basically the EAM deals with the fixed asset management, tracking of 
available asset, business intelligence and maintenance management. 
Usage of EAM software helps an organization to bring down the cost that 
is needed to maintain the available materials and reduce the production 
time of an activity. 
It helps to manage the available equipment very effectively and reduces 
the need for new technology or equipment to produce a product. EAM 
maximizes the performance of available machinery. It minimizes the 
maintenance cost of an equipment and decreases the operational cost to 
produce the product.
Examples of EAM software: IBM Maximo, Corrigo Enterprise CMMS, 
Oracle EAM.
6. Business Performance Management (BPM)
Business performance management is also known as Corporate 
Performance Management or Enterprise Performance Management. 
Usage of BPM can evaluate the performance of the business processes by 
which the performance of the activities can be enhanced and achieving 
the goals with the efficiency can done. 
Also the planning of expanding the business unit can be done with better 
decision making and forecasting. Performance of the workforce and 
available resources can be improvised by formulating and implementing 
the strategies of BPM effectively.
Examples of BPM software: SPPS , SAP Financials, Sisense, Deltek 
Vision.
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