Business software enables both SMBs and enterprises to perform various essential tasks for their industry. For example, retail companies need POS software like Clover POS, while e-commerce and manufacturing companies need inventory management software like Zoho Inventory.
A project management office (PMO) requires project management tools for budgeting and invoicing. Business software of certain industries and markets is useful for all companies, such as payment processors (Stripe), communication (Slack), and payroll (ADP Payroll).
Business applications have 5 main benefits, which are cutting up manual labor, workflow automation, enabling smooth communication, reducing management costs, and increasing the productivity of the organization.
The below list of popular enterprise business software can help you find the perfect application for your organization’s needs.
- 1. Stripe – Best Payment Processor for Global Enterprises
- 2. Intuit QuickBooks – Best Accounting Software for Small and Medium Companies
- 3. Shopify POS – Best Point-of-Sale Software for Retail Businesses
- 4. Zoho Inventory – Best Inventory Management Software for Global Businesses
- 5. ADP Payroll – Best Payroll Software
- 6. Sage Intacct – Best Financial Management Software
- 7. Rippling HR Cloud – Best HR Software for Global Team
- 8. Salesforce Customer 360 – Best CRM Software for Small to Enterprises
- 9. monday.com Work Management – Best Project Management Software for Global Businesses
- 10. FreshBooks – Best Invoicing Software for Freelancers and Businesses
- 11. Oracle NetSuite – Best Cloud ERP for Global Businesses
- 12. Slack – Best Communication Platform for Global Businesses
- 13. SignNow – Best Electronic Signature Software for Small to Enterprises
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Stripe
Best Payment Processor for Global Enterprises
- Use forPayment processing and invoicing
- Ease of UseIntuitive
About Stripe
Stripe is the best payment processor for global companies. It offers an all-in-one solution for online and in-person payments with 100+ methods, such as Cards, PayPal, Wallets, Bank transfers, and Buy now, pay later. Stripe provides third-party integrations with Xero, SimplyVAT.com, Finta, and Digits for smooth payment.
It has built-in optimization to increase conversion and improve customer experience. Further, it has in-built invoicing to accept payment faster.
Big brands like Amazon, Google, Shopify, Notion, Figma, and many Fortune 500 companies use Stripe for their payment processing.
Stripe, an American company, was founded in 2010 and loved by more than 200,000 customers.
For successful transactions of US domestic cards, Stripe charges 2.9%+30Β’. This changes per country.
Stripe Features
Supports 135+ currencies for global payments
No-code checkout and payment links
Automatic fund conversion with good exchange rates
Stripe Pros and Cons
Reduces the multi-currency management cost
Avoid fraud to protect customer trust
Increased authorization rates with ML-powered optimizations
Service is unavailable in countries like Pakistan, Russia, Bangladesh, and Vietnam
High processing fees in countries like the UAE, Mexico, Brazil, and Singapore
Intuit QuickBooks
Best Accounting Software for Small and Medium Companies
- Use forAccounting and managing finance
- Ease of UseGuided support
About Intuit QuickBooks
Intuit QuickBooks is the best accounting software for SMBs because it offers powerful expense management, invoicing, payroll, and automation capabilities. It also automatically syncs bank and card transactions.
It provides custom reporting to instantly gain the most crucial insights. It also allows you to snap store receipts to stay compliant and reduce tax.
Intuit was founded in 1983 and has 100 million global users. QuickBooks is loved by accountants globally.
Intuit QuickBooks Features
Accounting Features: Intuit QuickBooks is packed with powerful accounting features, such as managing bills, tracking expenses across different bank accounts, calculating tax deductions, costing different projects, sending invoices, and making payments.
Additional Features: Intuit QuickBooks also lets you track inventory issues, including real-time inventory tracking, instant notifications, and inventory insights.
Intuit QuickBooks Pros and Cons
Get the complete financial picture in one place
Bookkeeping automation
Time tracking
PayPal integration is not feasible
Steep learning curve to use advanced features
Shopify POS
Best Point-of-Sale Software for Retail Businesses
- Use forSelling in stores and events
- Ease of UseEasy
About Shopify POS
Shopify POS is the best omnichannel point-of-sale software for retail businesses because it supports reliable POS hardware for payment collection from single stores, multi-store facilities, and events. Shopify manages retail staff by giving them the right permissions and approvals.
It generates actionable reports on daily sales, products, cash flow, inventory, discounts, and finances. It supports return acceptance for online or in-store purchases to track product performance.
Shopify was founded in 2006, and more than 100,000 merchants leverage Shopify to sell online or in-store.
Shopify POS Features
Omnichannel Selling: Sellers can use it to sell products in-store, online, or on social media. It automatically syncs data into customer profiles so that users can access preferences and order history from anywhere.
Payment Processing: Shopify POS ensures a seamless checkout experience by processing payments from debit cards, credit cards, and contactless digital wallets.
Shopify POS Pros and Cons
Free Shopify POS app
Suitable for all retail business types, including apparel and gift shop
Multiple POS devices to choose from, like terminal, countertop kit, tap card reader, etc.
Not available in countries like the UAE, Philippines, Bangladesh
The free plan is only available for 3 days
No phone support
Zoho Inventory
Best Inventory Management Software for Global Businesses
- Use forManaging stock inventory and warehouse
- Ease of UseIntuitive
About Zoho Inventory
Zoho Inventory is the best inventory management software because it can fulfill orders, manage stocks, provide end-to-end tracking, manage warehouses, and more.
Zoho Inventory lets you control multichannel selling through integration with Amazon, eBay, Etsy, and Shopify. It helps track purchase order history and unpaid bills to build better relationships with vendors. It also converts a sales order into an invoice. Further, creates attribute-based categorization for item grouping and bundling.
Founded in 1996, Zoho is headquartered in Chennai, India, and has over 100 million users in 150+ countries.
Zoho Inventory Features
Inventory and Warehouse Management: Cloud-based Zoho Inventory offers stock management systems of a centralized inventory by product listing, stock adjustments, and automatic reordering. It also supports tracking inventory products through barcode, serial number, batch, and expiry date.
Order Management and Fulfillment: Get real-time shipping rates for 25+ shipping services while creating packages. It even tracks post-shipment movements to update the customers.
Dashboard and Reports: Zoho Inventoryβs intuitive dashboard offers instant and complete visibility into the business. Also, it generates sales and purchase reports and exports them in CSV, XLS, and PDF formats.
Zoho Inventory Pros and Cons
Tightly integrates with other Zoho products like Zoho CRM, Zoho Books
Automation with webhooks and Deluge script
Smart tools like SKU generators, recorder points, and inventory reports
Transparent pricing information, unlike many other inventory management tools
Not available in major European countries like Spain, France, Sweden, Netherlands
Users on Capterra find Zoho Inventory to be overwhelming
ADP Payroll
Best Payroll Software
- Use forAutomated payroll processing and filing
- Ease of UseCustomizable
About ADP Payroll
ADP Payroll Software is the best payroll solution for small to large businesses because it allows companies to pay their employees and pay taxes on time. ADP Payroll integrates with Xero, QuickBooks, Lever, ZipRecruiter, etc. It provides a self-service portal for employees and end-to-end employee management from recruitment to retirement.
Founded in 1949, ADP supports millions of businesses with tech-driven solutions for HR, Talent, PEO, and Payroll management.
ADP Payroll Features
Payroll Automation: ADP Payroll Software processes payroll online by automating tasks like calculation, digital payments, paper checks, and tax withholdings. It also stores employee information, which saves companies from the risk of manual error every time they pay.
Additional Features: ADP Payroll Software calculates payroll taxes and makes payments on behalf of the organization. It also supports automated employee data sync and flexible payment options.
ADP Payroll Pros and Cons
Local, state, and federal compliance
Easy access to forms like W-2 and W-9
Automation to reduce costly human errors
Onboarding and performance management could be easier
Steep learning curve and absence of transparent pricing information
Sage Intacct
Best Financial Management Software
- Use forManaging finance, accounting and HR
- Ease of UseAI-powered
About Sage Intacct
Sage Intacct is the best financial management software because it offers bundled solutions, including cloud accounting, ERP, payroll, budgeting, HR, and more. It has models for centralized business assumptions to help perform calculations.
It offers budget tailoring according to business needs by integrating a self-created model line.
Founded in 1981 in the UK, Sage has over 6 million customers worldwide and generated Β£2.19 billion in revenue in 2023.
Sage Intacct Features
AI-powered accounting software
With the help of Intelligent GL, audit transactions to find anomalies
Sage Intacct Pros and Cons
Easy data import from Sage database, SIP file, and Excel file
Advanced SaaS dashboards for metrics like Churn, Cash, ARR, CMRR, CAC, etc.
Unintelligible error message for failed transactions
Steep learning curve
Unknown pricing
Rippling HR Cloud
Best HR Software for Global Team
- Use forManage global payroll and recruiting
- Ease of UseIntuitive
About Rippling HR Cloud
Rippling HR Cloud is the best HR software for global teams because it allows them to supervise and automate all the human resource operations in one place.
From recruitment to onboarding to offloading, Rippling helps you with every step. The unification of Rippling HR Cloud with finance and IT minimizes administrative work.
Rippling HR Cloud allows integration with 500+ apps for 401k and pensions, background checks, onboarding, payments, and more.
Modern and global payroll facility to pay employees and contractors. It also offers automatic syncing of time and attendance of the employees.
Rippling is a US-based company that was founded in 2016.
Rippling HR Cloud Features
Automated Onboarding: Completes the employee onboarding process in 2 minutes. It automates tasks like generating offer letters, running background checks, assigning to internal apps, and adding to payroll.
Employee Transitions: Rippling HR Cloud allows users to quickly generate promotion paperwork and change their title to the latest designation. It increases the salary on the payroll and updates the organizational chart.
Automated Employee Offboarding: Rippling also makes offboarding paperwork easy for employers. Calculating final paycheck, disabling apps, removing from company benefits, and creating separation agreements can be done using it.
Rippling HR Cloud Pros and Cons
Country-wise configurability for hiring global employees
Team benefits management with retirement plans and health insurance
Access PEO services for dedicated HR support and health insurance
Employee survey and feedback analysis tool
Single source of truth for HR advanced analytics
Limited report customization
Unknown pricing
Salesforce Customer 360
Best CRM Software for Small to Enterprises
- Use forManage customer relation, lead generations
- Ease of UseAI-powered
About Salesforce Customer 360
Salesforce Customer 360 is the best CRM software that unifies several Salesforce services like Sales, Service, Marketing, Commerce, and Data Cloud under one platform.
Founded in 1999, US-based AI CRM leader Salesforce has over 150,000 customers worldwide, generating $33.95 billion in 2023.
Using Salesforce CRM, you can reduce cost, work remotely, and improve collaboration without worrying about managing CRM deployment. It consists of pre-built connectors to create scalable data integrations. Further, it offers data analysis and visualization with tools like Tableau. It also provides the facility to use a large language model (LLM) with Einstein.
Salesforce CRM is suitable for healthcare, retail, media, financial services, and the real estate industry.
Salesforce Customer 360 Features
Data Cloud: Salesforce Customer 360 lets companies access a unified view of their customer data collected by all Salesforce apps. Thus, their teams can engage with the customers coming from all endpoints with appropriate insights. It also enables users to create separate Data Spaces for unique business processes.
Salesforce Einstein: Bring conversational Artificial Intelligence into workflows and offer generative AI experiences to the customers. You can configure prompts and skills for bespoke Einstein Copilot according to business requirements.
Salesforce Customer 360 Pros and Cons
Einstein Trust Layer for secure and protected data
Single source of data truth with collaboration features
Secure, transparent, compliant, and performance-focused infrastructure
All-in-one platform that connects data from all departments
Comes with a steep learning curve
Data integration from other platforms could be challenging
monday.com Work Management
Best Project Management Software for Global Businesses
- Use forManage projects, tasks, workflow
- Ease of UseIntuitive
About monday.com Work Management
monday.com Work Management is the best project management software for global business because it offers the necessary project management features like resource management, task management, project planning, actionable dashboard, and goal tracking. monday.com offers 10+ views, including Gantt and Kanban, to visualize project tasks. It provides 4 great features that are listed below.
1. To-do list feature to track all tasks and deadlines in one place
2. Built-in forms to fetch requests and streamline the approval process
3. 200+ built-in automation templates to build powerful workflows
4. Custom integrations recipe to add app feature from the Automation Center
Monday.com, headquartered in Israel, grew revenue by 68% to $519 million in 2022, surpassing 186,000 customers.
monday.com Work Management Features
Project and Task Management: Manage projects and their tasks with priority, ownership, deadline, and progress tracking.
Manage Resource: Plan and allocate the resources to projects and technology.
Find and Track Business Goals: Identify company-level goals to create a detailed action plan and track its success with KPIs.
Manage Portfolios: Get an in-depth overview of all current projects of an organization.
monday.com Work Management Pros and Cons
Generate advanced reports matching the business needs
Ensure accountability by tracking task and project progress in real-time
Manage and organize the daily activities in one place
Limited communication features for the teammates
Does not offer flexibility at the sub-task level
FreshBooks
Best Invoicing Software for Freelancers and Businesses
- Use forInvoicing and accounting
- Ease of UseEasy
About FreshBooks
FreshBooks is the best invoicing software for freelancers and businesses. It streamlines billing with automated invoicing, payment reminders, and accounting integration.
You can accept invoice payments using FreshBooks or integrate with Stripe or PayPal. It also offers a mobile app for sending and tracking invoices from anywhere.
FreshBooks lets users add a due date, offer discounts, and automatically calculate tax. It also enables forecasting workload and collecting retainers in advance.
Established in 2003, FreshBooks, a Canadian company, has 30 million users in over 160 countries.
FreshBooks Features
Customizable Invoices: Create professional invoices and customize them by adding a logo, brand color, etc.
Upfront Deposits: Request clients to deposit a flat amount or percentage of the invoice value.
Invoice Automation: Set up recurring invoices, send reminders to the clients, and charge late fees when applicable.
Time and Expense Tracking: Support adding tracked time and expenses for easy inclusion in invoices.
FreshBooks Pros and Cons
Customize payment terms as the business needs
Automatic inventory update based on invoiced items
Duplicate an invoice to save time
Preview the invoice before sending, double-check to avoid human error
Telephone support to help you when you need
Does not support native integration with QuickBooks
Not available in countries like India, Malaysia, Brazil
Oracle NetSuite
Best Cloud ERP for Global Businesses
- Use forManage inventory, order, finance
- Ease of UseSteep learning curve
About Oracle NetSuite
Oracle NetSuite is the best cloud ERP software because it allows companies to save their time and resources while gaining visibility into their business processes.
Oracle NetSuite ERP is the all-in-one solution widely used to manage finances, orders, inventory, warehouse, supply chain, and procurement. It improves the efficiency and productivity of financial operations through automation and offers complete inventory visibility for cost optimization and timely delivery.
Oracle NetSuite ensures procurement and order management by establishing a flow from sales quote to fulfillment. It also provides accurate inventory reports and financial statements to the stakeholders.
Oracle NetSuite Features
Global Business Management: Oracle NetSuite helps users manage multiple global subsidiaries and legal entities from one platform. They get visibility into the operational and financial performance of all business units for cost and risk management.
Enterprise Performance Management: Oracle NetSuite allows teams across the organization to plan, forecast, budget, account reconcile, and submit reports to improve the proficiency of financial processes.
Supply Chain Management: Oracle NetSuite fetches real-time updates of inventory, production data, orders, and financial reports and records them for predictive analysis and reduced risks.
Oracle NetSuite Pros and Cons
Customer-ready solution for customizable user experience
Unmatched flexibility and scalability for business models and configurations
Real-time business data analysis with custom dashboard and reporting
Supports 190 currencies and 27+ languages
Not suitable for startups or small business
Does not support exporting all data
One can find overwhelming features
Slack
Best Communication Platform for Global Businesses
- Use forTeam chat, collaboration
- Ease of UseEasy
About Slack
Slack is the best communication platform for businesses, allowing them to chat audio and video calls with internal and external teams. Trusted by more than 200,000 paying customers, businesses worldwide use Slack to increase productivity and collaboration. Slack allows document sharing from PC and cloud storage like Google Drive and OneDrive.
Besides organizational employees, Slack supports communication with external users using Slack Connect.
Bring your favorite apps to Slack to manage workflows, notifications, and collaboration. It provides a user-friendly interface that anyone can use.
Slack Features
Slack Channels: Channel is like a group, you can talk to many people at once and broadcast the messages.
DM: It supports sending direct messages (instant messaging) to each other.
Slack Huddle: It enables users to connect over audio or video calls.
Additional Chat Features: While chatting, users can mention people, send audio and video clips, and format messages.
Slack Pros and Cons
Works everywhere, work from anywhere – Windows, Mac, iOS, Android,
Search people facility from the built-in employee directory
Strong security with data encryption, 2FA, OAuth, and single sign-on
1:1 and group audio and video meetings for team communication
The screen-sharing feature is unavailable on mobile apps
Limited Huddle features compared to other video conferencing apps like Google Meet
SignNow
Best Electronic Signature Software for Small to Enterprises
- Use forSigning legal documents
- Ease of UseEasy
About SignNow
SignNow is the best electronic signature software. It lets businesses sign documents, request additional documents, add multiple signers, fill out necessary fields, and be notified when they are completed. SignNow ensures compliance with SOC II, HIPAA, GDPR, and CCPA for all relevant industries.
It supports integration with productivity tools, cloud storage services, and Customer Relationship Management tools. It allows team creation within SignNow for secure collaboration.
SignNow was founded in 2011 and used by more than 28 million users worldwide in 20 industries to legally sign documents.
SignNow Features
Legally Binding eSignature: Enables signing a document by drawing, typing, or uploading a signature.
Reusable Unlimited Templates: It supports uploading any document and turning it into a template. Businesses may use this template later and share it with others.
Quick Document Sharing: There is no need to add the email addresses of the recipients for sharing a document. Just generate a signing link and share it with multiple users for fast eSignature collection.
SignNow Pros and Cons
Custom branding of documents using the company logo
Mobile app for on-the-go usage
Admin console to manage all documents and templates
More than 85,000 US state-specific legal forms
Pre-built integrations with a limited number of CRMs
No FREE forever plan
How to Choose the Best Enterprise Software?
Identify the Needs of Your Business
Depending on the size and complexity of the business, you need to figure out which business operational and management issues you want to resolve using the above enterprise products. This is the first step in choosing the best business software for your organization.
Read Reviews and Feedback To Shortlist the Tools
Read online reviews of different applications to know which tools can serve your purpose. Many online review websites contain customer feedback with definite pros and cons of business software. You can consider user ratings and feedback published on third-party software review websites like Geekflare π
Go for a Free Trial or Demo
After you pick the best business software for your organizational needs, donβt purchase it immediately. Go for its free trial to see how the software actually works and how capable it is to fix your business pain points.
If you picked an enterprise solution with no free trial, schedule a demo and talk to their sales team to find out about the software working process in detail.
Verify Customer Support Assistance
During the free trial period, you can talk to the customer service. Try to verify if the support team is capable of answering your technical queries promptly. It is an important step to finding the right solution for businesses.
Choose the Right Business Software
When all the above steps are completed, you can select one software for your business purpose.
What is the Methodology of Rating for Best Business Software?
While rating the best business software, we follow an unbiased approach. Our only bias is to the readers whom we want to assist with our suggestions. First, we pinpoint the features a user might be looking for in the software. Then, we test the software to see if it offers the required features.
Just having the necessary features is not enough to get a high rating; we also evaluate how efficient those features are. While testing, we use different datasets to find out which type of business it is suitable for (small, medium, large).
When rating the applications, we also consider pricing, free trials, ease of use, security and privacy, and customer support for all of them.