Definition: In financial software, integrated software refers to multiple software applications or services that appear to run as one software package for ease-of-use.
Basically, software integration is happening when financial software calls on or imports data real-time from another software source to perform a specialized function.
Examples of integrated software are:
- Financial software that uses scheduling or contact information from Microsoft Outlook.
- Software that works with a back up application to automatically back up data to a remote location.
- The capability to print reports from your financial software to PDF files, which requires a call upon Adobe or other software for generating the PDF.
One of the benefits of integrated software are that it eliminates the need to open a separate software application for reference purposes or to perform a few quick tasks.
