The Rochester Institute of Technology (RIT) states that, ‘Accounting analytics can help an organization answer financial questions by looking at all the data gathered by a company (e.g., transactional data, financial data, investment analysis, etc.) and analyzing this information to gain significant insights, predict future outcomes, or even ascertain risk.’
The Accounting Research Center and Continuous Auditing & Reporting Lab at Rutgers University stated that, “The audit profession is leveraging technology and electronic information to expand the auditor’s ability to access and analyze vast amounts of information.”
If your business is using Tally ERP solution for accounting, finance, inventory, purchasing and other finance-related disciplines, it would behoove you to consider adding integrating, built-in analytics so your skilled professionals can gain insight into results and, most importantly, add value to clients, colleagues and managers by providing advice and counsel that is fact-based and takes into consideration the trends, patterns, issues and opportunities revealed by augmented analytics and business intelligence reporting.
The Tally® ERP Solution and its latest TallyPrime offering are popular accounting and finance related suite of modules that provides support for invoicing and accounting, inventory management, reports, credit and cash flow management, banking, cost control and analysis, payroll management and other finance-related activities.
When you tell someone you work in a finance-related position, their eyes might glaze over. They picture you ‘counting beans’. Whether you work in inventory management, purchasing, accounting, enterprise finance or any other related position, your job can seem mysterious (and even boring) to many people. But, yours is the lifeblood of the organization.
The Tally ERP Solution accounting and financial application is used around the world and is immensely popular among its users. It is a critical step in the workflow process for finance and accounting professionals and contains crucial data needed to make financial decisions, to provide statutory reports and to support business users as they execute roles and responsibilities. The Tally reporting functionality provides basic reports but, if businesses and team members can incorporate analytics and use the data contained within the Tally solution to illustrate, measure, share and make decisions, this elevated capability will enhance and improve business results and ensure fact-based decisions across the enterprise.
The Tally ERP solution is popular for a lot of reasons. With its broad and deep features and functionality, it supports accounting, finance, purchasing, inventory and other financial tasks and activities. With so much meaningful information, a business can create a competitive edge by finding a way to gather and analyze all the information contained in the various modules to make decisions, identify issues and find opportunities and trends and patterns that will affect business success.
Smarten is pleased to announce its SmartenApps for Tally® augmented analytics solution. SmartenApps is designed to integrate with Tally ERP via cloud-based access for easy user access and on-the-road task completion. With SmartenApps for Tally, business users can access Tally ERP Solutions data on iOS or Android via mobile application or web portal via browser-based access to display dashboards, KPIs, reports and more!
If you and your business users love Tally ERP but you would really like to have expanded reporting capability and mobile access, don’t despair. You can have those things today!
Tally® is such a popular application for accounting and related management tools! It is hard to imagine it being more useful than it already is but Tally Mobile App makes this popular application even more useful and beneficial.
