business economic

It is estimated that there are almost 25.8 million small businesses in the United States alone. A lot of these businesses still rely on manual workforce to complete simple and complex business tasks.

However, about 20% of these small businesses have realized the ease of using software to automate most of those tasks. The remaining are expected to follow soon as the market for software for small business is set to touch $46 billion in revenue soon.

Top CRM vendors and software giants have launched their own series of tools for the small and medium sized company segment. The inclusion of software into small businesses makes a tremendous impact on the revenue and the productivity of the business. You can choose from software for each and every department or you can choose one that has multiple functions in one.

The complete software suite

Software that let you manage more than one task at a time is also called as software suites. These have features like contact management, task scheduler, digital document storage, project handler, passwords, finances, billing, customer service etc. In short, you can focus on running your business and not think about tasks that consume your time, effort and money.

Each and every employee of yours will be able to handle specific tasks allotted to him. For example, your billing team will be able to cerate invoices, keep track of your billing and other expenses, create expense groups, and allocate expenses, all with just a few clicks. This expense can be updated across your entire organization in real time.

Also you can schedule tasks that integrate more than one department at a time. It brings about a sense of organization to your everyday tasks without you having to spend too much time on it.

Choosing the software

You can choose from vendors like Microsoft and Oracle to small time players who cater exclusively to the small business market. Eventually, it matters on your budget and your requirements.