What Does Financial Software Mean?

Financial software is a type of software that is specifically designed to automate, assist and store financial information of a personal or business nature. It handles the storage, analysis, management and processing of a set of financial transactions, records and processes.

Techopedia Explains Financial Software

Most financial software incorporates all facets of personal or business finance and provides numerous features, including:

  • Basic financial data management
  • Financial transactions and management
  • Budgeting
  • Account management
  • Financial assets management