TOP 7 business management software in 2022

What is a business management software

When we talk about management software, we are referring to a computer system composed of different tools that individually perform some administrative tasks that otherwise would have to be done manually, requiring a lot of time.

"A suitable business management software will integrate all the activities of a company and will be adapted to the particular needs of each one of them. It will also be perfectly adapted to be used from any device."

Business management software is a great way to simplify operational, productive and bureaucratic processes for any company, that's why they have become an essential tool for tasks and to efficiently manage any business, keep track of expenses income and meet different objectives.

How to choose a management software

Any company that offers a business management software must be aware that the functions of this tool must be adapted as much as possible to the particular needs of that company, as well as offering an excellent attention to solve doubts, problems and suggestions.

When we choose a business management software we have to take into account the following aspects:

It must be an updated software. Many of these business management software have functions related to documentation and legislative processes, so it is very important that they are fully updated with the relevant regulations so that we should not make changes or risk making mistakes.

Intuitive and easy to use. All management software will require a training period for one or more members, so it is important to choose one that is quick and easy to use.

Adaptable software. Market trends and customer needs are constantly changing, so it is important to choose a tool that can adapt to these trends with ever-shortening cycles.

With flexible options. Especially when we refer to a business management software with different payment modules, it is interesting to be able to easily choose between these options according to the needs of the company, its size or its activity, since these can change over time.

The 7 best business management software

Below we will analyze some of the most popular business management software, whose success is due to the fact that they can be perfectly adapted to different types of companies or businesses.

1. Holded

Holded is an intelligent management software for SMEs in the cloud that integrates a lot of different functions. From a single workspace you can find tools for invoicing, accounting, team, project, inventory and CRM processes.

This software can also be used to create reports that help analyze the business situation and opportunities. Among its outstanding features are integrated e-commerce stock, banking automations, integrated scheduling and point-of-sale (POS) terminal management.

2. Mgest

This is a POS billing, management and accounting program that stands out for its agility and ease of use, in addition to having a totally free version called Mgest Lite that allows you to test the billing program with unlimited functionality; highly recommended for new entrepreneurs and for the training process with the application.

This tool has different modules that you can select according to the needs of your business, for example, the purchasing module, to control suppliers, stock and expenses, a production module, to have full control of manufacturing at any time, or an agenda module, which allows you to organize all the needs and dates, both human resources and materials among other modules.

3. Expensify

Expensify is a great option for both freelancers and entrepreneurs to keep a proper organization of their expenses, although there are also many people at the individual level who use it because it is so easy to handle.

Although it is a very useful tool that even allows us to transfer the information directly with the photo of a receipt, it is not free, although it does have a free trial version for a limited time.

4. Asana

Unlike other business management software more focused on finances and data management, Asana stands out for its functions of organization and coordination of tasks efficiently.

The user experience is very satisfactory and it is particularly successful with the development of remote projects digitally, although it does not have invoicing, accounting or inventory management functions.

5. SAP

This business management tool consists of a system with different software used to solve the different needs of any business, plus a service and support section that covers all aspects of their products, as well as a training section to learn how to use each specific software and acquire new skills.

SAP is a tool that covers the areas of finance, CRM and customer experience, network management and digital supply chain expenses, human resources and business technology. Each of these tools is supported by a team of specialists to advise and guide you through each aspect, which raises the cost of their packages considerably.

6. Gespymes

The focus of Gespymes is on accounting and invoicing, as it focuses on making all tasks related to financial movements easier. Although its design is very simple, it fulfills the basic functions that a small business or a freelancer might need, albeit without a great user experience.

With this software you can keep a comprehensive control of your business, with inventory tracking, tracking and recording of incoming and outgoing products and financial reporting.

7. Oracle

This business management software has been a favorite of large corporations for years because of its dedication to improving the business experience.

Among its most outstanding features is the wide variety of financial management support modules to choose from: planning, distribution and logistics, sales, purchasing, project management and human resources.

Types of business management software

Although nowadays we can find a great variety of management software, what differentiates business management software from the rest is that they adapt perfectly to any type of business or company. They are called ERP and we can differentiate them into the following types:

Predefined management software. This is an option that is usually more expensive than existing software, since it is necessary to find a team to develop specific software for the needs of a particular company. The main advantage of opting for this alternative is that it adapts 100% to a business and, therefore, the results are optimal.

Management software in the cloud. Management software in the cloud has several advantages, among the most outstanding we can find that we can access from any device with Internet connection and that they do not require any installation. This is a great option for different companies or teams working together but remotely.

Local management software. This type of software is installed on the computer or several computers of a company to be used by individuals or relevant teams. They usually have the same functions as their cloud counterparts.

Advantages of using management software

Implementing management software in the daily work of any company is synonymous with savings and increased productivity: cost savings, time savings and stock savings. Some of the main advantages of using business management software are:

Improved profitability. One of the aspects that stand out of virtually any business management software is that they adapt to different needs for different customers, so it allows to prioritize and be more efficient in each process.

Increases productivity. With a business management software you can automate and simplify many of the usual processes of any business, which means savings in costs and production time.

Helps in planning. With management software you can run reports and visualize work cycles that allow you to better plan for the future and improve both management and the bottom line.

Better use of time. Most management software uses a system that centralizes all the data you enter into it, so it can be accessed more easily and more quickly to shorten response and production times.

In addition to facilitating the workflow of companies, regardless of their activity and size, business management software is an excellent way to achieve greater and better productivity and get the most out of your business.