Definition - What does Management Software mean?
Specific kinds of software that belong in this category include:
- Financial management software
- Project management software
- People management software
- Network management software
Techopedia explains Management Software
Most management software solutions also handle employee and resource management, scheduling coordination and management, task assignment and time tables, risk analysis and many more.
The features really depend on the type of management that the software is targeting. For example, for project management, the software has features which help manage all of the resources needed in the project including financial and people power.
It allows for the clear view of tasks and their respective statuses and due dates as well as the person assigned to each one. Financial management software will probably have totally different features compared to a project management one, but they both fall under the broader category of management software.