Small and Medium Businesses (SMBs) Using Tally Prime CAN Enjoy Analytics

Integrated Analytics for Small and Medium Tally Prime Users

Your Tally Prime users are familiar with this popular software, and they have likely incorporated it into their day-to-day tasks and activities. If and when you choose to elevate your services to internal customers or offer refine client services by producing analytics and reports to support fact-based decision-making, you will want to select an analytics solution that will allow your users to continue leveraging the Tally Prime solution in a way that is meaningful to them and will ensure productivity and reduce the user frustration that typically results from adding a solution that must be separately accessed with tools that require data migration, etc.

‘When you are considering an analytics solution to integrate with your Tally Prime installation, choose one that will allow users to access, see, navigate and use the data contained within the Tally solution in a single sign-on environment.’

Business.com recently published an article that highlights the many benefits of integrating data analytics within business processes and, in spite of what many small and medium sized business owners may believe, this report reveals that, ‘Leveraging data analytics is cost-effective for SMBs.’

Small and Medium Tally Prime Business Users Can Easily Integrate Self-Serve Analytics for the Team

Yes, analytics IS beneficial to small businesses and it can be a boon to your team and your business users, but If the business adds an analytical solution as a separate offering, it can significantly reduce Return on Investment (ROI) for the analytical solution and for the Tally solution, and it can increase Total Cost of Ownership (TCO).

  • Data Access – When analytics is presented as a separate system it complicates analytics and creates the need for a manual process, eliminates cross-unit and departmental insight and creates inefficiencies.
  • Scalability –  Many analytics and business intelligence tools fall short when the organization is trying to address growing data volumes, a growing user base and expanded locations. This can cause performance lags and storage issues.
  • Security – The business must protect sensitive information from cyber threats, unauthorized access, and data breaches, and it must provide its users and customers with the information they need, while limiting data access to what a user is entitled to see and use.
  • Integration – Merging analytics with your existing infrastructure and solutions requires careful planning and investment in compatible solutions.
  • User Adoption – The team must have training to interpret analytics insights and apply them to decisions and collaboration.

When you are considering an analytics solution to integrate with your Tally Prime installation, choose one that will allow users to access, see, navigate and use the data contained within the Tally solution in a single sign-on environment with:

  • Mobile Access for analytics on-the-go designed for native mobile apps
  • Near real-time access to transactions and data
  • Fast, easy start-up with no significant training
  • Seamless support for multiple companies, divisions, and users with affordable licensing
  • The ability to create out-of-the-box dashboards and reports including bank and cash, payables, receivables, inventory, taxes, cost centers, ledgers, overview reports and account statements
‘Yes, analytics IS beneficial to small businesses and it can be a boon to your team and your Tally Prime business users.’

Find out how mobile SmartenApps for Tally can support your small and medium sized (SME) business team and extend access to your Tally Prime solution with access and features that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance. Read our free articles on SmartenApps for Tally and how it can positively impact your business: SmartenAppsBlog.

Integrated Analytics for Small and Medium Tally Prime Users

Get the Most From Your Tally Solution with Access and Analytics

Access Tally and Analytics from Anywhere!

Whether your business team is using Tally ERP or Tally Prime, it is likely that your team members depend on the features and functionality of this popular app for accounting, banking, inventory and other financial management functions. For small and medium businesses, access to this data is crucial.

Your team members probably work within the walls of the office and on the road, and it is important to enable sustained productivity and to put the information they need at their fingertips.

According to the Data Science Association, ‘a 10% increase in data usability could increase the average Fortune 1000 company’s revenue by over $2 billion or $56,000 in additional sales per employee on an annual basis.’

If you wish to make the data within your Tally solution more accessible and more usable to your team members, you may wish to consider a mobile app interface. A native mobile app can communicate with the cloud server to fetch and display required data, graphs and reports, and all transactions and interactions are secured.

You can add analytical capabilities and expand your reporting to add more flexibility.

Adding easy self-serve analytics to your Tally solution allows your team to add value at the department level and to users, customers and managers.

The team can access:

  • Key Indicators
  • Trend Tracking and Analysis
  • Recent Transaction Review and Analysis
  • Share Reports and Business Intelligence in PDF and XLS Formats via WhatsApp, Email and Other Options
  • All Ledgers and Voucher Details
  • All Products and Inventory Details
  • Seamless Search Options and Text Searches Throughout the App
  • Full Company Data Extraction is Fast and easy
  • Rapid App Loading
  • Near Real-Time Access to Your Tally Data on the Go

Mobile access to your Tally data will ensure that your business users have what they need to make decisions, no matter what their work location, and that they can review and share information during supplier and partner meetings.

Minimum Viable Products (MVP) Produces Better Business Start-Up Results

Adding easy self-serve analytics to your Tally solution allows your team to add value at the department level and to users, customers and managers.

Intuitive, swift analysis allows users to test theories, work with fact-based data and collaborate with others to get the job done!

There is no expensive software development or customization involved, so deployment is swift, easy and affordable, and the team will have access to flexible, out-of-the-box analytics, reporting and dashboards, including sales, purchasing, bank and cash, payables, receivables, inventory, taxes, cost center and ledger and drill-down capabilities.

‘If you wish to make the data within your Tally solution more accessible and more usable to your team members, you may wish to consider a mobile app interface.’

Find out how mobile SmartenApps For Tally can support your small business team and extend access to your Tally ERP or Tally Prime solution with access and features that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance. Read our free articles on SmartenApps for Tally and how it can positively impact your business: SmartenAppsBlog.

Access Tally and Analytics from Anywhere!

How Can Mobile Access Add Value to My Tally Solution?

Choosing a Mobile Solution to Integrate with Tally

If your business is using Tally ERP or Tally Prime and you wish to increase employee productivity and provide seamless access to data within and outside the walls of the office, you can make the most of your resources and knowledge and integrate your Tally data within a mobile environment to enable user adoption and make it easier for your team to gather, clarify and understand data to make confident decisions.

Nearly 80% of IT executives said employees cannot do their jobs effectively without a mobile phone, and three-quarters said mobile devices are essential to workflow

‘If you wish to further enhance the use of Tally products within your business and provide the tools and information your team will need to support enterprise goals and objectives, to become more productive and to improve decision-making, you must focus on the capabilities, technology and vendor support of the prospective mobile solution to ensure that the product and services will fulfill your requirements and adequately serve your Tally solution users.’

Integrate Business Intelligence within your Tally solution and make the data within your Tally product(s) available to your team day or not, on the road or in the office, to improve productivity, ensure data-driven decisions and increase employee collaboration.

Support Your Small Business Tally Solution Users with Mobile Access and Data Insight

As you consider mobile access solutions and data access, review the prospective solutions for the following features and capabilities:

  • A native mobile application that communicates with a cloud server to fetch and display requirement data, graphs and reports
  • Security interactions and transactions
  • Clear visualization, dynamic charts and graphs
  • Modern business intelligence (BI) features
  • Seamless mobile access for users working outside the office and in remote locations
  • Near real-time access to recent transactions
  • Ability to deploy mobile app and tools without extensive training and expense
  • Dependable support
  • Ability to share reports via PDF and XLS download, and WhatsApp, email and other options
  • Rapid application loading
  • Single sign-on user access
  • Mitigate costs for customization and integration
  • Keep pace with Tally solution upgrades

In order to enable and encourage users and make your team more productive, the selected solution must be seamlessly integrated and allow users to easily access the familiar Tally solution and use the data contained therein to gather data and produce reports, share information with other users and make swift decisions.

‘Integrate Business Intelligence within your Tally solution and make the data within your Tally product(s) available to your team day or not, on the road or in the office, to improve productivity, ensure data-driven decisions and increase employee collaboration.’

Adding integrated mobile BI tools and mobile access to Tally modules and features does not have to be difficult. If you wish to further enhance the use of Tally products within your business and provide the tools and information your team will need to support enterprise goals and objectives, to become more productive and to improve decision-making, you must focus on the capabilities, technology and vendor support of the prospective mobile solution to ensure that the product and services will fulfill your requirements and adequately serve your Tally solution users.

Find out how mobile SmartenApps For Tally can support your small business team and extend access to your Tally ERP or Tally Prime solution with access and features that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance.

Choosing a Mobile Solution to Integrate with Tally

Why Should I Integrate Analytics within Tally Solutions?

Integrate Analytics with Tally Solutions

Every business is unique, but there are many commonalities across businesses, industries and markets. One of the greatest common pain points for business is sustaining a business environment that is productive, one that optimizes human and technology resources while ensuring the agility to address ever-changing markets and business environ

‘Find out how your business team can extend access to your Tally ERP or Tally Prime solution with analytics that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance.’

If your team uses Tally ERP or Tally Prime solutions, your business users are probably very familiar with the features and capabilities of this financial management software. Each team member will use a different module or features, depending upon their role and responsibilities. But every team member wants to complete tasks quickly and accurately, and NO team member wants to learn new software that operates in a silo and makes their job more frustrating and time consuming.

When you combine crucial analytics with your Tally solution, you provide your users with self-serve analytical tools that can enhance their workflow, make their job easier and add value to management, customers and suppliers by taking existing data and allowing for insight and analytics that will help users to make fact-based decisions and recommendations.

Does My Business Need to Integrate Analytics within Our Tally Solution?

According to a recent research, ‘70% of CFOs identify their team’s already-heavy workload as the biggest roadblock to creating value from data and technology,’ and ‘Key applications in Finance and related functions include intelligent process automation (used by 44% of finance teams), anomaly and error detection (adopted by 39%), and analytics to enhance financial forecasting (utilized by 28%).’

When the business integrates an analytical environment with its Tally solution, it can achieve numerous benefits:

  • Out-of-the-Box Managed Services (no need to manage servers or other IT infrastructure)
  • Cost-Effective Registration and User Access
  • Ready-to-Use Software-as-a-Service (SaaS) Features (no need for on-premise installation, development or training)
  • Near Real-time access to your Tally data through native mobile app
  • Trend Tracking and Analysis
  • Recent Transaction Review and Analysis
  • User-Friendly User Interface
  • Key Performance Indicators (KPIs)
  • Report sharing, and BI in PDF and XLS Formats via WhatsApp, Email and Other Options
  • All Ledgers and Voucher Details
  • All Products and Inventory Details
  • Seamless Search Options and Text Searches Throughout the App
  • Fast and easy full Company Data Extraction
  • Rapid App Loading
  • Near Real-Time Access to Your Tally Data on the Go
  • Easy-to-use, Convenient Native Mobile App User Interface for Android and iOS
  • Improved user adoption and Return on Investment (ROI), and Total Cost of Ownership (TCO)
  • Partnership opportunities for technology companies, allowing integration of analytics with Tally to support software products for consumers and business applications.

‘When you combine crucial analytics with your Tally solution, you provide your users with self-serve analytical tools that can enhance their workflow, make their job easier and add value to management, customers and suppliers by taking existing data and allowing for insight and analytics that will help users to make fact-based decisions and recommendations.’

Find out how mobile SmartenApps For Tally can your small business team and extend access to your Tally ERP or Tally Prime solution with analytics that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance.

Integrate Analytics with Tally Solutions

Integrated Tally Analytics = Small Business Results

Business Benefits for Small Businesses Integrating Analytics with Tally Solutions!

Some small business owners believe they do not need, or cannot afford, business analytics. Nothing could be further from the truth! If your business is currently using Tally Prime or Tally ERP, you can leverage your existing accounting and financial modules to create an augmented analytical environment that is suitable for every team member.

Combine Mobile Analytics with Tally Solutions!

Get the Most Out of Your Tally Solution with Integrated Mobile Augmented Analytics!

If you are a Tally ERP or a Tally Prime user, you know the value of the comprehensive financial management solution for managing accounting, inventory, purchasing, sales, finances, taxes, etc. But, what if you could take your Tally solution to the next level with integrated analytics that will allow your business professionals to add value to clients and colleagues by analyzing data across the Tally modules to discover trends, patterns, and data insight and forecast and predict results.

Let Your Small Business Team Blossom with Tally Analytics!

Add Analytics to Your Tally Solution and Give Your Small Business Team Members What They Need!

Small businesses are the lifeblood of the economy. They serve the local community and strategize for expansion and growth. By their nature, they do more with less and every team member plays more than one role.

‘With the right analytical tools and access, every small business team member can see and use data.’

Many small businesses use Tally for accounting, finance, sales, purchasing and other functions, and the small business manager or management team is often responsible for ensuring that the data within these systems is up-to-date and for providing information with which to make decisions. But it is crucial for every small business team member to have the information they need to do their job.

According to Grand View Research, nearly 50% of small businesses use business intelligence as a core element of their business strategy. So, why not yours? By providing integrated analytics for your Tally ERP or Tally Prime solution, and cascading this capability to other team members, you can offer your team important tools and the ability to analyze data across modules within the Tally suite, so that you can gain crucial insight into data, trends, patterns, opportunities and issues.

Give Small Business Team Members Access to Tally AND Analytics

Small businesses count on the creativity and innovation of every team member in order to grow, to serve customers and to compete. With the right analytical tools and access, every small business team member can see and use data to make fact-based decisions and to contribute and collaborate, thereby improving productivity and optimizing resources.

Team members have access to data and transactions on the road, using a mobile app, so they can always perform tasks and keep projects and workflow moving. You can extend the office environment so your team can make decisions from anywhere, with dashboards and reports that include payables and receivables, ledger and cost center data, sales, purchasing, bank and cash, account statements and other critical reports and data formats.

‘You can offer your team important tools and the ability to analyze data across modules within the Tally suite, so that you can gain crucial insight into data, trends, patterns, opportunities and issues.’

Find out how SmartenApps for Tally will support your small business team and extend access to your Tally solution with analytics that offer accounting, finance, sales, inventory, and purchasing professionals and team members the tools they need to improve performance. Enjoy a 30-Day Free Trial of SmartenApps for Tally. Users can Download and Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.

Add Analytics to Your Tally Solution and Give Your Small Business Team Members What They Need!

Give Your Users Mobile Access to Tally ERP and Tally Prime!

Mobile Access to Tally ERP and Tally Prime with Built-In Analytics is Key to User Satisfaction!

If your team is using Tally ERP or Tally Prime, you know the value of this solution and of its modules. Whether your business users are accountants, finance team members, purchasing professionals, sales managers or performing some other function, the day-to-day use of Tally solutions is key to their role and responsibilities.

‘Today’s users are more demanding and they want the right tools to do their job.’

Companies using Tally include Axis Bank with nearly 92,000 employees, Trafigura with more than 12,000 employees, Rural Electrification Corp. with 550 employees, Reliance Nippon Life Insurance with more than 11,500 employees, and many other businesses.

Mobile Access to Tally Solutions is Key to User Productivity

To make the most of the Tally solution and environment, your business users will need mobile access to Tally and to an augmented analytics solution that will enable analysis of data, allow users to spot issues and trends and identify opportunities, as well as collaborate with other users. Today, mobile access to these tools is more important than ever.

A changing work environment means that businesses must adapt to remote workers, and capitalize on a smaller resource pool, enabling work from home, in airports, at a client location or other location outside the office. This mobile access allows users to continue making progress on projects, and to analyze and assess issues to develop recommendations and strategies, no matter where they are working.

Pre-built reporting is available to users so your team can leverage dashboards, and reporting including sales, banking, payables and receivables, inventory, taxes, cost center reports, ledgers and more with drill-down capability to get to the heart of the issue and find the root cause of a problem.

Today’s users are more demanding and they want the right tools to do their job. They don’t want to wait until they get back to the office to complete a task or make a decision and, as consumers, they are used to having mobile access to all relevant data and tasks. Mobile access via a cloud server allows the user to fetch and display the required data in graph and report form and all interactions and transactions are secure.

‘Whether your business users are accountants, finance team members, purchasing professionals, sales managers or performing some other function, the day-to-day use of Tally solutions is key to their role and responsibilities.’

Find out how SmartenApps for Tally will support your accounting, finance, sales, inventory, and purchasing analytical needs, and bring your team and your business to the next level. Enjoy a 30-Day Free Trial of SmartenApps for Tally. Users can Download and Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.

Mobile Access to Tally ERP and Tally Prime with Built-In Analytics is Key to User Satisfaction

Will My Business Benefit from Mobile Analytics for Tally ERP?

How Do I Know if I Need to Integrate Analytics with My Tally ERP Solution?

You made sure you gave your business users the software they need to support their business function. Tally® ERP is popular among your team members. Accountants are using the appropriate module to enter data and print reports. Inventory managers are managing stock, and purchasing managers are coordinating suppliers, supplies and expenses. But you’ve been hearing about analytics at all the conferences and in the industry trade papers and you wonder whether you need to take your Tally ERP solution to the next level with integrated analytics.

‘Your users can still enjoy the familiar features and functionality of Tally ERP while adding the capabilities of integrated augmented analytics and out-of-the-box reporting to enable data-driven decisions,’

Gartner predicts that, ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ While your business may not be in a narrow vertical industry or a market with limited competitive dimensions, the concept of vertical and domain specific analytics can be applied to financial service practices or to a business unit within any enterprise that is dedicated to accounting, managing finances, controlling expenses etc. The reason is simple. No matter the type of company or industry in which is participates, the needs, regulatory specifications and requirements for reporting are specific to accounting, finance, and other departments that control investment, expenses and revenue.

If your business is considering adding integrated analytics to your existing Tally ERP solution, here are some things to consider that may help you answer the question, ‘how do I know if I need to integrate analytics with my Tally ERP solution.’

Should I Add Integrated, Mobile Analytics to Tally ERP?

You Need Clear, Concise Information

When your business users are confined to the data and reports for their particular function, e.g., accounting or inventory, there is no flexibility and no way (short of expensive customization or IT report requests) to create a clear picture of a particular issue or question. Business user access to reports and data is restrictive and limited to columns and simple graphs that do not tell a story or reveal the root cause of a problem or the hidden opportunities within the data to improve products, pricing, purchasing agreements, tax strategies, investment opportunities, etc.

You Need Reporting and Analytics that Cross Business Functions

Users do not have access to comprehensive reporting for sales, tax, receivables, payables, cash, banking, accounting statements or other needs but rather must depend on simple templates and reports. Reporting is limited to a particular business function and data cannot be gathered across modules and analyzed to highlight issues that cross business function boundaries or opportunities for collaboration or process improvement.

You Need Mobile Access to Workflow and Reporting

Users are limited to desktop or, in some cases, browser access. No true, flexible mobile access is available to accommodate native operating systems (OS) and provide simple, user-friendly analytics for team members who must perform tasks, analyze data and report and share information while on the road.

You Need Measurable Results

Your business has the data in Tally ERP but needs to establish and monitor key performance indicators (KPIs) and provide metrics for measurable results against objectives and goals.

If some or all of these issues sound familiar to you, your business may wish to consider simple, integrated, mobile augmented analytics for Tally ERP.

‘You’ve been hearing about analytics at all the conferences and in the industry trade papers and you wonder whether you need to take your Tally ERP solution to the next level with integrated analytics.’

Your users can still enjoy the familiar features and functionality of Tally ERP while adding the capabilities of integrated augmented analytics and out-of-the-box reporting to enable data-driven decisions, gain insight into issues, and identify opportunities with intuitive dashboards, KPIs and reporting. Users can analyze data using a myriad of value-added tools and features.

Find out how the addition of SmartenApps For Tally will support your accounting-related analytical initiative and bring your team and your business to the next level. Users can Download And Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.

How Do I Know if I Need to Integrate Analytics with My Tally ERP Solution?

Adding Analytics to Tally ERP Can Improve ROI!

How Can I Improve ROI for Tally ERP? It’s Simple! Add Analytics!

Surveys reveal that the top three vertical industries currently using Tally ERP include Manufacturing, Retail and Real Estate. No matter what your business industry is, if you are using Tally ERP, you want to get the most out of your investment. As with any software solution, IT teams and executives constantly look for the tools that will give them the most benefit and value for the least investment. So, Return on Investment (ROI) is paramount!

‘Using the existing data and data structure within Tally ERP, analytical tools can provide additional insight and value to the organization, to business users, to clients and to the bottom line.’

If you are using Tally ERP, your team members probably depend on it for accounting, inventory, purchasing, sales, and other finance-related and data management activities. Why not add more value to the organization and to the clients and colleagues it serves?

Minimum Viable Products (MVP) Produces Better Business Start-Up Results

Provide Value to the Organization, Users and Clients

Today, Tally ERP provides an integrated data analytics solution with out-of-the-box reporting and tools that are easy enough for every team member, no matter their technical skills. By enabling business users to sign in to Tally ERP and gather and analyze data across modules with clear, concise reporting, the enterprise can make decisions more quickly, add value in making recommendations to business units and, in a practice management environment, to clients, and thereby improve return on investment (ROI) and customer/client and user satisfaction.

Ensure Mobile and In-Office Access for Users

Cloud-based access through the web or a native mobile app provides access from anywhere and allows users to perform tasks, check on transactions in near real-time, and keep workflow going whether they are working remotely, on the road to a client meeting or in the office. Business users can leverage the familiar Tally ERP app without having to learn difficult, complex analytical techniques or new solutions.

Expand Insight and Reporting Capabilities

The key to improving ROI and the value your team delivers lies in combining team member knowledge of their domain and area of expertise with clear, concise data. By going beyond standard, restrictive reporting and enabling analytics, business users can see trends and patterns, problems and opportunities.

Serve All Business Users with Meaningful, Easy-to-Interpret Data

Sales Managers can monitor and manage sales for monthly, quarterly and yearly results and identify trends, top customers etc. Customer service, supplier and other management teams can manage payables and receivables and stay on top of creditors and debtors and can easily analyze the success and trends of products, services and components. Inventory managers can analyze shortages and overages, suppliers, products, shipping and distribution. Tax professionals can manage and anticipate taxes for future periods. Business users can monitor and manage cost center balances. The list is endless and the tools provided allow users to drill down to the ledger and transaction level to better understand what is happening. Reports are interactive and allow team members to slice and dice data across modules by vendor, product, service, cost, sales person, location, customer, inventory, costs, etc. Using the existing data and data structure within Tally ERP, these analytical tools can provide additional insight and value to the organization, to business users, to clients and to the bottom line.

‘The key to improving ROI and the value your team delivers lies in combining team member knowledge of their domain and area of expertise with clear, concise data.’

Find out how the addition of SmartenApps For Tally will support analytical initiatives, improve Return on Investment (ROI) for Tally ERP, and  provide benefits to your users and your enterprise. Users can Download And Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify and to provide insight to clients, colleagues, management and team members.