Financial Software

What is Financial Software?

Financial software is typically described as any type of computer software designed to help individuals or corporations manage finances and business ledger and other accounting needs.

Financial software can track financial accounts, categorize income and expenses, synchronize transactions with banks and credit card companies, pay bills online, work with budgets, track and analyze investments, create financial and tax-related reports, and provide at-a-glance snapshots of a financial net worth.

What are the different types of Financial Software?

Financial software is divided into two categories: financial management (money management) and tax software. Financial management software typically provides the tools to manage banking, income flow, investing and planning. Tax software provides importing tools, tax form preparation and e-filing of your taxes.

Recommended Reading: Webopedia’s tax software definition.

 

 

 

 

Vangie Beal
Vangie Beal
Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.

Related Articles

Phishing

What is phishing? Phishing is a type of cybercrime in which victims are contacted by email, telephone, or text message by an attacker posing as...

Digital Advertising

What is Digital Advertising? Digital advertising is marketing to a target audience through digital platforms, including social media, email, search engines, mobile apps, affiliate programs,...

Multi-factor Authentication (MFA)

Multi-factor authentication (MFA) is an electronic authentication process that provides extra layers of security to an application or service against various cyber attacks. Also...

RSA SecurID

RSA SecurID is multi-factor authentication (MFA) technology used to protect network resources, such as applications and websites. Its purpose is to mitigate risk and...

ScalaHosting

ScalaHosting is a leading managed hosting provider that offers secure, scalable, and affordable...

HRIS

Human resources information system (HRIS) solutions help businesses manage multiple facets of their...

Best Managed Service Providers...

In today's business world, managed services are more critical than ever. They can...