Business software glossary

Abbreviations and jargon you come across when choosing software, each explained in two sentences. For each term you read why it matters, when you deal with it and which software goes with it. Every explanation lists its sources.

Administration and invoicing

Audit file (XAF)
An export of your accounts in a fixed format (XAF) for the Tax Administration or your accountant.
E-invoicing
Sending invoices as a structured file that the recipient processes automatically.
General ledger account
An account in the books that collects all entries of one kind.
OCR (scan and recognise)
Text recognition that turns a scan or PDF into readable data, as in scan and recognise.
Peppol
Network and agreements for exchanging e-invoices and orders between organisations.
PSD2
European payments directive that lets software retrieve your bank data with your consent.
SBR
Dutch standard for submitting tax returns, annual accounts and bank reports digitally.
UBL
Open XML format for invoices and orders that software can read in directly.

Types of business software

ATS
Software that manages vacancies and applications from posting to hiring.
Business intelligence (BI)
Combining business data from different systems into reports and dashboards.
CPQ
Software to configure products, calculate the price and create a quote.
CRM
Software that records customer contacts, deals and appointments in one place.
DMS
Software to store documents centrally with versions, permissions and search.
ERP
One system for finance, purchasing, inventory, production and sales on the same data.
HRM
Personnel matters from recruitment to departure, and the software that records them.
LMS
Learning platform to offer training and record progress and certificates.
MRP
Calculates from orders and bills of materials which materials you need to buy or make, and when.
POS system
A till system for settling and recording sales, with software and hardware.
WMS
Software that directs receiving, storage, order picking and shipping in a warehouse.

Cloud, integrations and communication

API
A fixed agreement through which software exchanges data with other software.
EDI
Automatically exchanging orders, delivery notes and invoices between trading partners' systems.
SaaS
Software you use over the internet on a subscription, managed by the supplier.
VoIP
Calling over the internet, for businesses often with a phone system in the cloud.

Security, standards and legislation

eIDAS
European rules for electronic identification and signatures, valid throughout the EU.
Electronic signature
A digital signature on a document, at three levels of assurance.
ISO 27001
International standard for managing information security (ISMS).
ISO 9001
International standard for quality management: documenting, measuring and improving processes.
NEN 7510
Dutch standard for information security in healthcare, based on ISO 27001.
NIS2
European cybersecurity rules, in the Netherlands the Cybersecurity Act (Cyberbeveiligingswet) since 15 August 2026.
Two-step verification (2FA)
Logging in with your password plus a second proof, such as a code or security key.