Finance and Accounting Pros Improve Value with Integrated Tally ERP Analytics! Technology research firm Gartner states that, ‘40% of application development teams will be using automated data science and machine learning services to build models that add AI capabilities to their applications.’ ‘By integrating analytics within the Tally ERP environment and providing out-of-the-box reporting and results, the business can provide tools that ensure fact-based decision-making, get to the root of problems, and identify opportunities for growth.’ By now, your business has probably seen the articles a ..read more

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 i ..read more

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). No doubt, your team did their homework when the business acquired Tally® ERP software. ‘Out-of-the-Box analytics tools allow the user to leverage and optimize the existing technology in new ways.’ Gartner defines total cost of ownership as ‘a comprehensive assessment of information technology (IT) or other costs across enterprise bou ..read more

Why Does My Business Need to Add Analytics to Tally ERP? If your business is currently using Tally ERP, your business users are familiar with the features and the data structure of the module they use, whether they are an accounting professional, managing inventory, reviewing sales or preparing statutory financial reports. Your management team may be considering adding analytics to your organization in order to democratize data and to improve fact-based decision making. If the organization decides to add analytics to the Tally ERP environment, it will have the best of both worlds. Gartner stat ..read more

With the Right Augmented Analytics You Can Satisfy Business Users and Data Scientists! The renowned technology research organization, Gartner, states that ‘30% of organizations will harness the collective intelligence of their analytics communities, outperforming competitors that rely solely on centralized analytics or self-service.’ To achieve these goals, businesses must provide analytics and tools that are suitable for business users, and for data scientists and business analysts and all others who will participate in data analytics to achieve goals and objectives – in other words, a soluti ..read more

What Insights Can My Business Gain from Integrated Tally Mobile Analytics? Tally® ERP is a popular finance and accounting solution used by many team members in many businesses. It provides modules to support inventory management, purchasing, sales professionals, accountants, finance managers and other expense and revenue related functions responsible for taxes, statutory reporting etc. The McKinsey consulting firm reports that organizations with fast and efficient decision-making processes are twice as likely to report financial returns of at least 20% as a result of recent decisions. ‘Ta ..read more

There are many finance-related roles within a business. Whether you are an accountant or a finance manager or controller, or you manage inventory, purchasing, sales or other critical areas of the business, it is likely that you are responsible for a budget and for mitigating expenses and improving revenue. Tally® ERP users understand the software solution and use it daily to enter data and to produce standard reports. ‘With augmented analytics, and the ability to spot and understand trends, results and issues, your team members can take their knowledge of the domain, industry and role an ..read more

When Considering Tally ERP Mobile Access, Add Augmented Analytics to Complete the Picture! No matter the task or job, every team member needs the right tools to be successful. Accountants, finance professionals, purchasing managers, inventory professionals and other team members responsible for expenses and revenue need the right tools to do their jobs and, in this day of remote work and dispersed teams, that need is greater than ever. The answer to that need is, of course, founded on technology. ‘Providing mobile access to Tally ERP allows users to leverage a familiar software solution to per ..read more

Leverage Integrated Analytics Reporting in Tally ERP! 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.’ ‘There is no doubt that the amount of information contained in accounting and finance systems can be daunting but analysis of this data in an easy-to-use reporting environment can reap ..read more

Small and medium sized businesses (SMEs) are often challenged to satisfy all the roles and responsibilities in the organization and most team members wear more than one hat. That feeling of being overstretched is typical of growing businesses and, in an increasingly competitive market with businesses fighting for skilled resources, it is difficult to meet budget and scheduling goals and get it all done. One of the most common SME considerations today is how to satisfy the need for actionable data and fact-driven decisions without hiring a team of data scientists. A recent Gartner study states ..read more