An organization needs software to manage its accounting functions, including invoicing, payroll, and generating reports about its monetary transactions. Which type of software would best meet this need?
Financial systems software
Content Management Systems software
Customer Relationship Management software
Financial systems software is specifically designed to handle accounting and monetary operations, such as invoicing, payroll, and financial reporting. It enables organizations to accurately manage and analyze their financial data. Customer Relationship Management software focuses on managing interactions with customers and sales prospects, while Content Management Systems are used for creating and managing digital content. These types do not provide the necessary functionality for comprehensive accounting tasks.
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