Papers is a desktop reference management tool, most useful for:
PDF Management:
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Automatically creates citations from PDFs
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Annotate PDFs.
Social Networking:
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Create/join groups (open or by invitations) to share what you are reading.
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Create an academic profile, upload your articles and track who is reading them.
Citations and Bibliographies:
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Features allow you to insert citations into word documents and Powerpoint presentations.
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Create a bibliography from the citations you have inserted into documents.
Working online, offline, or from a mobile device.