Improve Tally ERP TCO and ROI and Make Your Business Users Happy with Integrated Analytics!
Gartner predicts that, ‘overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ One of the fastest growing analytics sectors is in finance, accounting and other revenue and expense-related business functions. Not surprisingly, the use of analytics in expense, revenue, investment and financial reporting is beneficial to the business, its stakeholders and its team members.
‘If the business wishes to get the most out of Tally ERP and improve ROI and TCO, it is wise to consider the addition of integrated analytics.’
As Tally ERP solutions grow in popularity among small and medium sized businesses, the addition of analytics has added a profound dimension to the tasks and activities of finance-related professionals. Perhaps one of the most important factors for a business with a focus in this type of function or industry is to enhance the value of the Tally ERP solution and ensure that return on investment (ROI) and total cost of ownership (TCO) are optimized.
With more than three decades of experience in the accounting and finance solution sector, Tally ERP has millions of users in more than 100 countries. It provides modules to monitor and manage data for accounting, finance, sales, purchasing, manufacturing, inventory, branch management and statutory compliance with job costing, payroll, point of sales and other tools.
If the business provides its professionals with easy access to analytics, both within and outside the office, it can increase user adoption and improve the productivity and value of its team members and it can ensure optimal ROI and TCO.
Web and Mobile Access
Today’s team members are often out of the office working remotely, or at client meetings or staff meetings. Providing we and mobile access extends the office environment and allows user access to data and analytics no matter where they are working or when they need information.
Near Real-Time Access to Transactions and Data
Having access to data that is not aged or incomplete is paramount, and accounting and finance professionals can leverage Tally ERP and the integrated analytics functionality to monitor and manage information, spot trends, identify issues and upcoming actions, all in a mobile, near-real time environment.
No Complex Training or Installation
Team members already know how to use Tally ERP. Using integrated analytics to gain insight into data and make decisions offers crucial, value-add features and functionality. The good news is that the integration of analytics does not require the user to master a complex set of analytical skills. Rather, the solution is intuitive and provides easy search analytics and tools that are simple enough for those with average technology skills.
Concise, Intuitive Reporting
An out-of-the-box set of reports provides an easy, swift way to gather, analyze and report on data, to collaborate and share results and to take action with confidence. Reports include overview formats for sales, purchasing, payables, receivables, income, expense, cash, bank, taxes and duties, monthly trends, etc. and provide contribution analysis and key performance indicators (KPIs). With sales and purchasing reports that allow professionals to explore sales and identify top customers, banking and cash reports that allow comparison with historical time periods, and payables and receivables that allow users to analyze by product, service, collections, etc. Inventory and stock reports and analysis, tax summaries and obligations, detailed ledger and balance analytics, and statutory reporting formats are also included. Making it easy for accountants, managers and finance-related professionals to analyze data by vendor product, service, sales person, location, customer, or other parameters provides real value to the team so the team can provide real value to the client or to colleagues and executives.
‘If the business provides its professionals with easy access to analytics, both within and outside the office, it can increase user adoption and improve the productivity and value of its team members and it can ensure optimal ROI and TCO.’
If the business wishes to get the most out of Tally ERP and improve ROI and TCO, it is wise to consider the addition of integrated analytics. By adding value to the team members, it can assure user adoption of the Tally solution and improve its decision-making and accuracy.
Find out how the addition of 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. Users can Download And Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.