Switch and adjust different audio sources.It helps transform the video format into a compatible one for streaming to a destination, also known as encoding videos.Ī high-quality streaming software should allow you to: Streaming software is also known as live broadcast software encoder. OBS Studio and Streamlabs OBS are powerful streaming software that offers a host of features to customize the visual and audio to make the streaming content more compelling for the audiences. In order to stream professionally, you need streaming software to record and stream videos and audio across the internet.