The disclosure relates to system and method for managing a plurality of applications. The method includes receiving a first input for customization of a master map associated with the plurality of applications. The master map includes a plurality of components and a set of control settings for each of the plurality of components. The method further includes modifying, in the master map, a status of a first control setting for a first component based on the first input; updating each of the plurality of applications based on the modified status of the first control setting in the master map; and modifying a configuration code associated with the each of the plurality of applications, based the update in each of the plurality of applications.