Software that optimizes business transactions may include a wide range of computer applications that automatize routine tasks, streamline workflows, and enhance communication. These programs are generally employed by companies of all sizes to oversee processes and increase productivity. Processes that are streamlined can reduce human errors and improve efficiency in the workplace which is essential for any company looking to increase or maintain its market share.

In the 1980s, word processors took over the IBM typewriter, and started the widespread use of business software. These first applications were followed by computer-aided drafting for manufacturing (CAD-CAM) and software for managing supply chains, and project management effective project management environment for small business tools. Robot Process Automation (RPA) is the latest version of business optimization software. It is able to identify and complete redundant tasks, increasing efficiency while reducing costs.

Modern software applications feature central repositories that store documents and allow communication, which allows for instant messaging. Some offer pre-defined templates and workflows that simplify processes, which can eliminate duplication and redundant processes. These applications include analytics and reporting capabilities which allow companies to monitor performance over time and make data driven decisions.

For large industrial plants and manufacturers optimizing business processes can be a significant task. They have hundreds of processes operating at any time. Utilizing software applications to assist with the management of operations and streamline key business processes can bring substantial benefits for these businesses such as increased revenue and improved efficiency. Identifying areas for improvement is an essential step, and utilizing these productivity-enhancing applications can help businesses get ahead of the competition.