Uses of Computer in Field of Business
Uses of Computer in Field of Business
Computer in business: Information Technology (IT) has played a very significant role in taking business to new height. Before computers, the time taken to complete a task was more and however as computer started to be used in business establishments, the processing of work got more stabilized. Some of its uses in the field of business are given below:
Keeping records: Computer programs such as QuickBooks and other accounting programs to allow business to keep detailed records. These programs track accounts payable, accounts receivable and sales. They also provide a easy and quick way for a business to send invoices to customers and handle payroll functions. Back office productivity and accuracy can increase greatly when using an accounting program.
Budgeting and Forecasting : Computers can be used to prepare budgets and corporate forecasts, inexpensive accounting programs allow even people with limited computer knowledge to develop detailed budgets that will help to keep the company on track. They can also be used to forecasts future sales and business expansions. Spreadsheet program such as excel can also be used for budgeting and forecasting.
Inventory Control and Management: Inventory control and management Is a crucial process , especially in establishments related to retail and production, such as details of good, goods coming in distribution of stock and storage details.
Preparing Marketing Documents: There are wide varieties of programs that allow businesses to easily prepare dynamic marketing documents. Word for documentation, Spreadsheets for storing large data, Adobe Photoshop provides eye catching customs.
E- Commerce: E commerce(electronic commerce) describes the buying, selling and exchanging of products services and information via computer networks there are many applications of e commerce such as:
Electronic mail:
A service
Computer in business: Information Technology (IT) has played a very significant role in taking business to new height. Before computers, the time taken to complete a task was more and however as computer started to be used in business establishments, the processing of work got more stabilized. Some of its uses in the field of business are given below:
Keeping records: Computer programs such as QuickBooks and other accounting programs to allow business to keep detailed records. These programs track accounts payable, accounts receivable and sales. They also provide a easy and quick way for a business to send invoices to customers and handle payroll functions. Back office productivity and accuracy can increase greatly when using an accounting program.
Budgeting and Forecasting : Computers can be used to prepare budgets and corporate forecasts, inexpensive accounting programs allow even people with limited computer knowledge to develop detailed budgets that will help to keep the company on track. They can also be used to forecasts future sales and business expansions. Spreadsheet program such as excel can also be used for budgeting and forecasting.
Inventory Control and Management: Inventory control and management Is a crucial process , especially in establishments related to retail and production, such as details of good, goods coming in distribution of stock and storage details.
Preparing Marketing Documents: There are wide varieties of programs that allow businesses to easily prepare dynamic marketing documents. Word for documentation, Spreadsheets for storing large data, Adobe Photoshop provides eye catching customs.
E- Commerce: E commerce(electronic commerce) describes the buying, selling and exchanging of products services and information via computer networks there are many applications of e commerce such as:
Electronic mail:
A service