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Anyone who hasn’t been involved in the business for a couple of decades would be absolutely taken aback by what they see if they walked back into a modern office.

From products to people to processes, new software products are changing the game when it comes to back office management. Here are seven technologies that have changed the ways that human decision-makers create a path advance for a business:

Inventory Management Tools

Inventory management is one of the biggest improvements that have been made in all of enterprise IT.

Inventory tracking and managing tools help make inventory operations entirely transparent anyone can see how much inventory is on hand, and historically, how much inventory the business has used. But this is just the tip of the iceberg when it comes to what inventory management can do.

These software tools can effectively help companies consolidate and potentially close down warehouse operations because of the enormous cost savings it provides. Inventory management tools can even reveal clues about patron demand and behavior that can help the business sell better. The bottom line is that inventory management tools have provided all sorts of powerful ROI and cost savings to companies.

Supply Chain Execution

Other software tools go back even further in your business processes, starting with the raw materials or pieces that enter business locations. By creating a digital network of suppliers and managing supply chain information, companies can save a lot of time and effort involved in sourcing what they need for internal operations.

Product Lifecycle Management

Product lifecycle management tools can integrate with the two above types of tools, inventory management, and supply chain execution, extending the study throughout the entire product lifecycle. These tools can track products that are fully assembled and ready to be delivered to customers. With this extensive analysis comes even more insight into how businesses should plan for the future. One of the big advantages of product lifecycle managing tools is the analysis of products in the field, including their maintenance requirements and the relationships necessary to handle this stage of the process.

Human Resources Management Tools

Human resources management (HRM) software helps handle the people end of your business operations. These software packages often combine multiple components, such as time management and tracking tools; payroll and tax information; and employee onboarding resources.

Mobile Workforce Management Tools

Along with good human resources tools, mobile workforce management solutions also provide a lot of value to businesses that want to keep in touch with workers out in the field.

There’s some overlap between these two types of human capital management software platforms. Both may combine some element of scheduling, time management or payroll and tax information tools.

Business Process Management

Business process managing software is aimed at internal operations. BPM software works to break down a complex operation into a workflow, or a set of sequential tasks.

Utilizing these types of software, companies can improve their core operations that are focused on providing products or services to their customer base

Demand Planning and Forecasting

Another type of enterprise feature is known as demand planning

helps provide predictive analytics that shows the company how to meet future customer demand. timely delivery is everything in most industries, and demand planning can help plan for adequate production and expedited delivery to meet demand, enhancing the company’s reputation in its field.