Management software

Top 4 Free Management Software for Small and Medium Companies

The adoption of enterprise management software to expedite digital transformation processes is becoming increasingly popular worldwide among businesses. However, the challenge for these organizations’ managers is how to choose suitable enterprise management software for their organizations. Let’s explore the answer through the following article.

I. What is an Enterprise Management Application?

An enterprise management application, also known as business management software, is a system of interconnected and mutually supportive software tools designed to assist managers in performing their management tasks such as human resource management, project management, sales management, etc.

Managing businesses through applications enables managers to have an overview of all business activities, allowing them to formulate or adjust strategies and campaigns appropriately, create new revenue sources, and drive business development.

II. Benefits of Using Enterprise Management Software

With the technological advancements of today’s era, applying enterprise management software brings numerous benefits to businesses that adopt it, such as:

  1. Managing all business operations online

Management software helps business owners and managers efficiently handle business functions such as sales management, customer relationship management, human resource management, financial management, etc., effectively and online.

2. Flexible management

With internet connectivity, managers can monitor their tasks and activities using various devices such as mobile phones, iPads, laptops from anywhere and at any time they desire.

3. Serving as a platform for digitalization and digitization

Applying software to management tasks is a step toward complete digitalization and serves as a foundation for digital transformation. Businesses can start by exploring and applying software to specific departments such as marketing or human resources before implementing it company-wide.

4. Creating a professional working environment

In addition to practical benefits, managing businesses with software helps create a professional working environment and reduces a large amount of cumbersome, complex traditional work processes.

Data, information, and exchange methods of businesses are consolidated on a platform, which provides extremely favorable conditions for management and retrieval when needed.

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III. Considerations When Choosing Enterprise Management Software

According to survey results, the global market currently offers numerous enterprise management software options. This can be overwhelming for businesses looking to incorporate technology into their operations. Below are some criteria to consider when choosing suitable software for your company:

  • Does your business require an all-in-one comprehensive management platform or individual task-specific management software such as internal management software, sales management software, etc.?
  • What is the scale of your business? If not yet a large enterprise, choose management software suitable for the size of your business to avoid unnecessary features, which can be wasteful and disruptive for employees during the initial implementation phase.
  • How much budget can you allocate for enterprise management software? Note that Vietnamese software is generally more affordable compared to foreign software.
  • Are you sure your company’s personnel are ready to transition to using software?
  • Use software demos before making a purchase. This will reduce risks for both you and your business.

IV. Top 4 Effective Enterprise Management Software

1. Open Bravo

This software assists businesses as an assistant to managers. Open Bravo is currently used by 6,000 individuals and organizations with key functions that help users implement efficient workflows, thereby facilitating management and operations.

One of the biggest drawbacks of this software is the maintenance fee, which is quite high and requires complex monthly payments, making it a barrier for businesses, especially small ones.

2. Jira Software

Jira Software supports business owners in focusing on monitoring tasks within project plans. With Jira Software, you can generate reports with many available templates.

The drawback of Jira Software is its complex and difficult-to-use interface. It takes a long time to adapt and master this software.

3. Oracle

Oracle provides businesses with management features to serve various key areas such as finance, sales, customer care, etc. Additionally, Oracle installs specific features to customize tasks in fields such as real estate, environmental safety, or health. This software allows managers to perform online management tasks, update work quickly and frequently.

The disadvantage of Oracle is that the original language of the software is English and it is difficult to use Vietnamese. This is a barrier for employees who are weak in foreign languages, causing work progress delays or suboptimal performance.

4. SAP Business One

This software is suitable for small to medium-sized enterprises. SAP Business One has full features for financial management, customer management, inventory tracking, and business sales status. It supports system operations in many different languages, which is convenient. However, similar to Oracle, this software does not support Vietnamese, causing some difficulties for certain employees.

With the information from this article and suggestions for effective enterprise management software, I hope you now have enough knowledge to choose the “first step” for your company’s digital transformation process. Consider your resources and criteria that your business needs for management software, then choose the best software for your business!

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