Bill of materials software allows manufacturers to manage their business. BOM (bill of materials) and BOM software (material BOM or BOM management) allows users to create a catalog with all raw material costs for the product they are selling. BOM automatically matches part numbers between an existing product catalog and purchase order information. This ensures BOMs are accurate and BOM software provides a standard BOM format. BOM management is important for businesses because it helps decrease labor costs, increase accuracy in materials purchasing, and improve customer service by answering questions about the BOM quickly.