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.
We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.
If you are considering a business intelligence or augmented analytics solution for your business users, or if you have already invested in these tools, you will want to focus on user adoption and, to meet the expectations of your executive team and IT staff, you must ensure return on investment (ROI) and a low total cost of ownership (TCO). But user adoption is often difficult to achieve. Users are familiar with their existing tools and solutions and workflow, and humans are notoriously resistant to change!
The key to achieving your goals for user adoption, ROI and TCO is to pursue an embedded business intelligence (BI) strategy. If your team needs convincing, here are just a few statistics and results reported by organizations currently using the Embedded BI approach to analytics.
‘Integrating embedded analytics and BI tools within a familiar enterprise application allows users a single sign-on (SSO) experience, and puts analytical tools right at their fingertips, within their familiar applications.’
The undeniable fact is that your business users know their enterprise apps. They are familiar with the workflow and the features and the processes, and they know where to find information and how to use it within these familiar applications. They DO NOT want to use a silo application that requires them to move data around to get it into an analytical solution and then use that solution to analyze data and results, and they DEFNITELY DO NOT want to learn a complex new analytical system. So, user adoption will suffer, if you take that approach!
Integrating embedded analytics and BI tools within a familiar enterprise application allows users a single sign-on (SSO) experience, and puts analytical tools right at their fingertips, within their familiar applications. If the tools are easy-to-use, your business users do not need specialized skills to successfully analyze and use data, so they can quickly and easily make fact-based decisions, and support your enterprise goals and objectives.
Here are some real benefits you can reap from using embedded BI tools:
End User Organizations – Internal IT teams can easily integrate and embed BI objects within their ERP, CRM, Intranet portal or other applications, to improve user adoption and maximize Business Intelligence ROI.
ISV and OEM Partners – Leverage Embedded BI and Integration APIs to add powerful functionality and provide access to existing ERP, SCM, HRMS, CRM or any other products and to provide analytics capabilities within existing products without major Investment. Reduce time to market and stay ahead in the competition!
‘The key to achieving your goals for user adoption, ROI and TCO is to pursue an embedded business intelligence (BI) strategy.’
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.’
As a software solution product and service provider, you are focused on the common issues your customers face, providing features and functionality that will satisfy the most customers and give you an edge in the market.
Nothing…and I DO mean NOTHING…is more prominent in technology buzz today than Artificial Intelligence (AI). The use of Generative AI, LLM and products such as ChatGPT capabilities has been applied to all kinds of industries, from publishing and research to targeted marketing and healthcare. Gartner recently estimated that the market for AI software will be nearly $134.8 billion, with the market growing by 31.1% in next several years. In a recent survey of C-suite executives, 80% of said they believe AI will transform their organizations, and 64% said it is the most transformational technology in a generation.
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.
We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.
Recent surveys reveal that the mobile BI market is growing by leaps and bounds. Of those surveyed, over 35% of companies said that mobile BI is in use among their business users. While some businesses have yet to adopt BI tools or augmented analytics for their business users, many have done so, and are now in the process of adding mobile BI to the set of tools available to users. There is no doubt that the COVID pandemic affected this strategy, since many businesses are now embracing a full-time or a hybrid remote work environment that requires team members to have access to tools from wherever they are working.
When a business invests in technology, either to buy a best-of-breed solution or to develop their own enterprise apps, there is significant expense. If you are developing your own solution, you are using in-house resources or engaging IT consultants. If you are purchasing solutions off the shelf, you may or may not need customization but, in any case, the solution will cost you quite a bit of money and it will take more funding to support and maintain and integrate that solution.
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.
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.
Original Post : Give Small Business Team Members Access to Tally AND Analytics!
