Are You Using Tally Solutions? Add Value by Integrating Augmented Analytics!
As a corporate accounting professional or an enterprise financial professional, purchasing manager, inventory manager or any other team member working in a financial capacity in an organization, you can make a difference! You may think that your impact is limited to ensuring correct data entry, providing statutory reports and perhaps pointing out budget overruns or other day-to-day issues.
If you are using a Tally ERP solution, your team can include augmented analytics as an integrated tool that will overlay your modules and allow you to gather, combine and analyze data to gain insight into trends, patterns, problems looming on the horizon or opportunities to improve supply chain, inventory controls, investments, etc.
Your role as a team member can be proactive. With the right information, you can spot issues and collaborate with other professionals on the team to create a comprehensive approach to workflow and approval processes that will improve results, control costs and allow managers and executives to sleep better at night!
Augmented Analytics tools allow business users with average technical skills to see and create reports for sales, purchasing, payables, receivables, income and expenses, cash and bank, duties and taxes with top and bottom analysis, contribution analysis and key performance indicators (KPIs). Users can analyze monthly sales, identify top customers and see detailed sales registers, and can compare results from previous periods and reveal trends and patterns in banking and cash. Without the assistance of IT or data scientists, you can breakdown payables and receivables by creditors, debtors, products, services and collections and analyze inventory for shortfalls or overages. There are tools to allow you to examine taxes, estimate upcoming tax obligations, and to analyze cost center balances and associated ledgers, including entries and balances and drill-down to voucher level. Accountants can leverage statutory tools for balance sheets, trial balance, profit and loss and there are other reports and drill-down tools that allow users to slice and dice by vendor, product, service, cost, sales person, location, customer, inventory, purchase, etc.
If you are a Tally user, you can leverage these powerful tools to add value to your organization and take a proactive role in results. AND you can evaluate the solution for free, and determine the business benefits. Find out more about SmartenApps for Tally analytics. Contact Us to today to find out how SmartenApps for Tally can help you achieve your goals.