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Original Post : Smarten Support Portal Updates – January – 2025!
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.
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:
‘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.
Original Post : Why Should I Integrate Analytics within Tally Solutions?
Your business users probably have their favorite legacy systems, best-of-breed solutions, and business apps. When your IT and management team introduce a new software application, it can often be seen as a nuisance or, at best, a tool whose day-to-day workflow value is not offset by the task of learning how to navigate the software.
Embedded BI is gaining in popularity, simply because it adds so much value to the organization and, with proper planning, it will also add immeasurable value to your team members.
‘With Embedded BI, users can achieve clear insight into data and improve the quality of decisions, present data in a clear fashion and achieve faster, more reliable results.’
Based on a recent survey, 49% of companies have increased their utilization of business intelligence analytics compared to pre-pandemic levels. That is an impressive statistic but it does not reflect the probability of user adoption and, without user adoption, the BI tools will reap very low return on investment (ROI).
In order to achieve the maximum value, the enterprise must choose a business intelligence and augmented analytics tool that is easy for users to embrace – one that provides clear visualization and results so users can present data, share data and understand results In a way that is meaningful to their role. With the right embedded BI tools, the organization can embed analytics within its most popular enterprise apps so users can make data-driven decisions.
The Embedded BI approach lends itself well to many business functions, i.e., inventory demand planning, customer relationship management (CRM), enterprise resource planning (ERP) systems, and many other functions. Industries like healthcare, research, financial services and others can leverage embedded BI to identify trends, patterns, issues and opportunities without the help of a programmer or IT specialist. The enterprise can embed analytics to improve the products and services they offer their customers. HR departments can identify demographics, workforce requirements, training needs, and more.
Embedded BI is gaining in popularity, simply because it adds so much value to the organization and, with proper planning, it will also add immeasurable value to your team members.
You can find out more about the Smarten Embedded BI And Integration APIs solution and add powerful functionality and access to existing ERP, SCM, HRMS, CRM or any other products. Provide analytics capabilities within existing products without major Investment. Your business users and your customers will appreciate the ease-of-use and access and you will gain a competitive advantage. Read our White Paper: ‘Making The Case For Embedded BI And Analytics.’
Original Post : The Brave New World of Embedded BI and Embedded Analytics!
We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.
Anomaly detection in data analytics is defined as the identification of rare items, events or observations which deviate significantly from the majority of the data and do not conform to a well-defined notion of normal behavior. Understanding anomalies in data can help a business by revealing trends, mapping targets and adapting to change with fact-based information that will help the enterprise and prescribe strategies to encourage agility and flexibility in the market and among competitors.
‘Using anomaly alerts and monitoring tools, business team members can quickly establish key performance indicators (KPIs) and personalized alerts and reports to monitor and measure results with powerful, clear, concise results that help users to understand and manage the variables that impact their targets and their results.’
A data anomaly is revealed when there is a dataset deviation or irregularity – something that is out of the bounds of expected patterns and behaviors. It is hard to overstate the criticality of anomaly detection. Without a comprehensive understanding of data, businesses can make risky decisions, misunderstand data integrity and depend heavily on information that is misleading, flawed or riddled with errors.
To accurately monitor and manage anomalies, the business must select an augmented analytics tool with comprehensive data visualization, data quality and anomaly monitoring tools, and the capacity to share and collaborate on information obtained through these tools.
Select interactive tools that allow a business user to gather information, establish metrics and key performance indicators (KPIs), identify crucial volatility and anomalies, and receive auto-suggestions and information to clearly identify the root cause of problems and target opportunities. These tools should include KPI monitoring, Auto Insights and Key Influencers.
These tools allow business users with average technical skills to:
Using these simple tools business team members can quickly establish key performance indicators (KPIs) and personalized alerts and reports to monitor and measure results with powerful, clear, concise results that help users to understand and manage the variables that impact their targets and their results.
‘It has been said that lack of data clarity can be ‘death by a thousand cuts.’ Without a clear picture of anomalies, outliers, and other factors that affect the quality and dependability of data, the enterprise cannot make an educated decision.’
To find out more about Anomaly Alerts And Monitoring, Contact Us. If your organization is looking for Augmented Analytics that leverages advanced techniques to keep pace with changing enterprise needs and support business agility, let us help you realize your business goals and objectives with fact-based information, and flexible, scalable technology solutions that will support Citizen Data Scientist initiatives, and improved data literacy and data democratization.
The advent of low-code, no-code app and software development has enabled rapid, innovative changes to all types of development projects and that new environment is evident in Modern Business Intelligence (BI) and Augmented Analytics products and solutions.
The Client is a prominent Indian construction and infrastructure company providing services in numerous sectors, including highway, rail, mining, energy, irrigation, and water supply. Known for their expertise in managing large-scale and complex projects, the Client has played a significant role in enhancing the India infrastructure and has achieved robust growth and financial stability. The Client is currently managing sixty two (62) projects and employs more than 5000 employees in numerous market sectors across India.
When a business decides to undertake a data democratization initiative, improve data literacy and create a role for Citizen Data Scientists, the management team often assumes that business users will be eager to participate, and that assumption can cause these initiatives to fail.
We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.
If you have not registered yet, Click Here to obtain your login credentials.
If you don’t find what you need in the Support Portal, we hope you will contact us with your questions, comments or suggestions. We are here to help and to support your business goals and success!
URL: Smarten Customer and Partner Community
Email: support@Smarten.com
Many small and start-up businesses have been using Tally Prime, Tally ERP and other Tally products for a long time. Their business users are familiar with the software and use it daily to manage all manner of financial issues, track, monitor, update and share information.
Today, business users are more mobile than ever before. Some work from home, some are on the road meeting with clients, customers and suppliers, and may be preparing for meetings or completing tasks in a hotel, airport or home office. In an environment where businesses are looking for a competitive edge, and trying to make the most out of precious resources, the use of mobile tools is more important than ever.
Every enterprise needs data and analytics to help team members make confident, fact-based decisions, but it can be difficult to get users to adopt these tools, especially if they see it as just one more thing they have to do, one more thing they have to learn! By integrating analytics with Tally solutions, and providing this integrated functionality in a mobile environment, the enterprise can encourage user adoption, and illustrate the value of analytics to its user base.
‘If you wish to integrate analytics with your Tally solution, choose a reputable, proven solution with a full suite of capabilities..’
Science Direct studied financial analytics and the use of tools to monitor, manage and find information. ‘Machine learning models do not make such assumptions. They are therefore more flexible and iterative. They are also able to model non-linear data.’
When you integrate mobile machine learning augmented analytics with Tally solutions, you can refine your understanding of issues and opportunities and make better decisions. There are numerous benefits to integrating analytics with the Tally environment, including:
If you wish to integrate self-serve analytics with your Tally solution, choose a reputable, proven solution with a full suite of capabilities. SmartenApps for Tally Mobile application is based on the Smarten Augmented Analytics suite of advanced analytics and is accredited by Gartner and recognized for its intuitive, easy-to-use analytics, Smarten offers stunning visualization, dynamic charts and graphs, modern business intelligence features, and key performance indicators (KPIs) metrics.
‘In an environment where businesses are looking for a competitive edge, and trying to make the most out of precious resources, the use of mobile analytical tools is more important than ever.’
Find out how mobile SmartenApps For Tally can 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.
Original Post : Combine Mobile Analytics and Tally Solutions for Results!
