Business management softwares include a wide range of solutions. They are applications that will help you in managing your business. They are usually a combination of applications and products that will help you manage the different areas of business like people, finance, operations, sales, and more. Speaking of different areas of businesses, it seems like in the field, we usually tend to wear multiple hats of responsibilities regardless of the “given titles” our roles. To bear the load and be the pillar that holds your company together, you can take on additional roles whether you’re a marketer, product manager or owner. Luckily, with advances in technology, certain business management softwares make these processes efficient, and fool proof even. Don’t worry about taking a toll on your sanity, most of these tools can be experimented with before you pay, and the knowledge you gain will help you glide in and out of business tools to finally choose the best business management software to perfectly fit your current demands.
To help you navigate through the endless metaphorical fish of business management software in the sea, we’ve compiled and categorized a list of the best ones according to the purpose they serve. We have categorized them under different sections like Best Project Management Software, Best Business Marketing Software, Best Accounting Solutions Software, Best Communication Tool, Best Customer Service Tool, Best File Management/File Sharing Tool, Best Content Management Tool, Best CRM Software Tool, Best Inventory Management Software Tool and the Best Business Resource Planning Software.
Benefits of Business Management Softwares:
- Business Management Softwares decrease the cost of operations that come along with tasks management, time tracking, file storage & sharing, budget management, invoicing, and resource management.
- It is a scalable solution.
- It is a flexible solution to fit the needs of a company’s changing requirements of business. Moreover, it will allow everyone to review the critical business information in real-time.
- Business Management Software is a robust solution compared to ERP (Enterprise Resource Planning). It streamlines the processes,improves collaboration for organizations and is easier to implement than ERP.
- Selection of a Business Management Tool truly depends on your requirement of automating the tasks and processes. The business size and price of the software also play an important role in the selection process.
Best Business Management Softwares: Top 10 To Consider
1. Best Project Management Software:
Basecamp is the king of kings when it comes to project management tools, working with clients, coordinating with contractors, and communicating with your team. Using Basecamp has become so essentially helpful that people almost don’t need ANYTHING else when you can simply centralize around Basecamp instead. It’s time to change lanes, pass the slow traffic, and join all the companies that have switched to Basecamp, the more coherent way to work.
Asana is a business management software that changes the way people collaborate. You can use it as a simple to-do list, or as a workflow-management tool, or as a project management software. Depending on your needs you can choose to implement Asana accordingly: the app lets you and your colleagues track work, see what everyone on the team is assigned to do, watch the status of projects or ongoing work, and communicate with one another. All the information about the work itself is in one place.
Shift is the desktop app for controlling all your accounts, apps, and workflows from one place. Shift is a logical & beautiful solution for managing various accounts smoothly. Toggle between multiple Gmail, Outlook & Office 365 accounts without the hassle of logging in and logging out. It integrates with over 500 apps, making your work day that much easier!
This project management software comes with a multitude of features to help you complete your business projects successfully. nTask comes with powerful native modules that provide a multi-dimensional solution to all your project needs. A single platform to plan, collaborate and monitor your project performance without switching applications. With nTask, you can get a holistic view of what lies ahead in your project lifecycle.
2. Best Business Marketing Software:
Hubspot is one of the best business management softwares you can use for marketing and sales automation. The software offers a wide variety of tools to cater to each and every aspect of your inbound marketing. They include website traffic management, email tracking, sequential emails, templates emails, live chat on the website, SEO and content strategy tools, pipeline management and third-party access, it goes without saying that Hubspot is one of the more powerful marketing solutions available today.
Specifically designed to improve your work time when it comes to sales management, Hubspot tracks all of your customer interactions down to the most basic details.
With features like email sequencing, email tracking, and prospect profiles, the software provides a single platform for automating the tasks faster than ever. Through content strategy and SEO management tools, Hubspot makes sure your content reaches the right audience at the most optimum time.
The Marketing plan of Hubspot offers a free plan, along with paid ones. The paid plans start from $50 per month.
3. Best Accounting Solutions Software:
Invoicing, accounting and billing are essential business functions that should be managed flawlessly and maybe that’s where the name Freshbooks enters the picture. This tool will keep you as fresh as fruit with its easy-to-use, highly accessible and scalable cloud software that makes all these business functions simple, organized and professional-looking. For example, they provide a fast and reliable solution for creating quick invoices, tracking expenses and much more.
A well favoured software for invoicing and accounting, FreshBooks is one of the best small business management softwares when it comes to financial management. It comes with a complete suite of accounting features such as:
- Expense tracking
- Time tracking
- Cost estimates
- Accounting reports
- Customized team permissions
- Team chat
Freshbooks offers paid plans which start from $15 per month. All plans come with a free trial of 30 days.
4. Best Communication Tool:
One of the best within the communication market, Slack helps unify all of your messages and files into a single, good looking location. No matter at what stage your business might be, the chances of information slipping through the cracks is real. Save yourself the horror of miscommunication with Slack as a professional team collaboration tool. There are specific channels for teams, projects, topics and hundreds of third-party application integrations.
It allows so much collaboration that there is the unification of notifications, all requests, errors, and tasks within one location providing everyone with a clear view of what’s going on in everybody’s world. It’s ideal for when you are onboarding a new employee, sharing critical files, planning your next meeting, or simply exchanging routine messages.
And of course when it comes to driving adoption of communication platforms, mobile is a must. With distinct channels for multiple teams, Slack not only makes team communication easier but better with complete synchronization across mobile, web and desktop.
Lastly, Slack also comes with hundreds of integrations to serve your respective project needs. Because of this, the software makes sure you don’t have to constantly switch applications for executing basic business functions.
Pricing is free along with paid plans. Paid plans start from $6.67.
5. Best Customer Service Tool:
Hootsuite is a tool that helps you use social media to execute marketing campaigns, target your audience, and send them targeted messages via multiple channels to grow your market.
Your team can utilize its social media dashboard to collaboratively schedule posts on LinkedIn, Facebook, Twitter, Instagram, Google+ and other popular social sites via desktop, web, and mobile platforms. Moreover, you can easily track the latest trends within campaign results to tweak your strategies as per the ever changing industry.
This tool has tabs that organize all the social profiles that you link with the application. Today, a lot of companies use their social media presence to provide customer support, offer personalized deals to their followers to keep them coming back for more. If this sounds like your company, go ahead and choose Hootsuite to effortlessly manage multiple social profiles simultaneously, under one dashboard. With the premium plans, you get advanced features including team collaboration, audience engagement, security, and social analytics.
6. Best File Management/File Sharing Tool:
With great businesses, come great storage requirements as safe files storage and collaboration is one of the most sensitive and crucial aspects of any business. This is where Dropbox enters the picture. It is one of the most popular cloud storage tools available in the market as this is one of the best business management softwares which helps teams keep all their data in one centralized location for quick and instant access. For example, while composing an email, you can easily attach documents from Dropbox to your email.
With multiple built-in tools to streamline other business operations, this software has become extremely popular. For instance; Dropbox Paper allows for quick note-taking and to-do list management, which many appreciate.
Dropbox is a paid tool and the plans start from $8.25 per month for individuals and $12.50 per user/month for teams.
7. Best Content Management Tool:
WordPress is a free and open source blogging tool and a content management system (CMS) based on PHP and MySQL.
8. Best CRM Software Tool:
If you’re looking for a CRM software that doubles as a task management tool, Bitrix24 might be your answer. The platform provides a unified platform for CRM pipeline management, task management, documents management, and team collaboration.
The tool provides basic client management and marketing automation capabilities to small and mid-sized businesses. But, if you are willing to invest, you’ll get access to some solid customer relationship management features, along with integrations for email marketing.
Furthermore, Bitrix24 comes with distinct CRM solutions for different teams enabling them to track their sales pipeline, automate marketing, and provide customer support through multiple third-party application integrations
This tool comes with both free and paid plans. The paid plans start from $35, but you can also get a full-featured CRM software for $69 per month.
9. Best Inventory Management Software Tool:
As the name suggests, Inflow primarily serves the needs of inventory managers who wish to get by with a quick response tool that can store and retrieve warehousing related information on the go. Having said that, Inflow is an ideal addition to medium and small business owners who are, or have been, on the lookout for inventory tracking solutions.
Some of the solutions offered by the company includes:
- Inventory optimization according to sales and demand charts
- Ability to manage individual inventory items through RFID tracking
- Complete integration with different barcode styles
- Sales vs. break-even point analysis.
- Order management, entry, exit, and delivery reports for customized client experience
- Single customer purchase history, and order tracking. Inflow can also be used for monitoring multiple customers for the same inventory sales
Inventory management is also deemed as an “art” because of the several complications involved as the business expands. If you are a small startup owner who has a handful of product batches stored up in your warehouse, you might be relying on committing things to your memory. It is a good habit, but what if the product demand spikes and you have to deal with only a handful of resources and tons of inventory management hassles that are bound to hit the sales anytime soon.
Inflow functions as a desktop installer application, but it does have a backup system for easy information retrieval in case the computer hard drive suffers storage loss or vice versa.
Since it is a desktop application, Inflow is offered at a one-time price of $399 per license. The premium edition scales up to $799 for medium to large-sized businesses.
10. Best Business Resource Planning Software:
TeamGantt allows you to use a simple Gantt chart, along with various filters for your project scheduling and resource planning. With it you can assign as many resources to a task as you want, along with their working hours to make resource planning effective. The details about resources working on a particular task can be viewed by applying a filter and identifying the individual resource workload, so that you can allocate tasks according to the capacity, avoiding burnouts.
The easy drag and drop interface or functionality of the tool lets you quickly make changes according to the schedule, without causing any unnecessary delays. The planned timeline vs actual timeline viewer is also helpful.
TeamGantt provides both free and paid subscription plans. The paid plans start from $49.75 per month for a team of up to 5 members. The price can be subjected to changes with the number of team members.
To serve distinct business needs, there are dedicated business management tools being created day by day. But these tools can be a huge deal-breaker if they start failing you at any point. Therefore, it’s important to understand what you want to do with the tool, before you invest in some of your prefered business management softwares.