Once you have selected the images that you want to join, you will only have to order them and wait for the program to complete the process of joining them. During the process it will cut some files, optimize the focus of others, unify the tone of the images and correct any distortion there may be between the different elements.
The application accepts the BMP, JPEG, TIFF and PNG formats, so you shouldn't find any compatibility problems. The interface may be rather complex, due to the amount of menus it has.
Once it has finished putting together your panoramic view you will be able to export it as an image or as an interactive MOV file, that provides the possibility to move around a space as if you were in it.
Download The Panorama Factory and discover the most complete option to create all kinds of panoramic images.