Combine Tally ERP and Analytics and Be Proactive!

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Combine Tally ERP and Analytics and Be Proactive!

Can Adding Analytics to Tally ERP Help My Accounting and Finance Professionals?

If you are an accountant or a finance professional, you may be frustrated by the fact that your seat at the table often comes too late in the game for you to make a difference. If your role is limited to statutory reporting or producing reams of columns and reports for business colleagues and then trying to explain them, if your ability to affect a problem in a timely manner is limited, if you are always seeing the real picture in the rear view mirror, you might want to think about integrating analytics within your accounting and finance solution.

For Tally ERP solutions users, this addition is much easier today. Business users can leverage the Tally ERP solution AND produce out-of-the-box reports that will provide insight into trends and patterns, and analytical views that allow you, as a business professional, to intelligently assess what is happening without having to guess at what WILL happen.

Why is data analytics important? What could data tell you if you could see it in near real time?

Your team can use Sales and Purchasing, Bank and Cash, Payable and Receivable, Inventory, Tax, Cost Center, Ledger, Account Statements, Drill Down, KPIs, Reports and Overviews to find data and to gain insight into what is really going on in the business – and you can use that data to recommend actions and advise your colleagues and clients. Seamless search options and text searches throughout the Tally app allow you to gather information and see it in a way that is meaningful to you, so you aren’t just doing data entry and reporting. You can find behavioral patterns, employ continuous monitoring and answer complicated tax questions and you can assess investment scenarios. You will be actively participating in business decisions. This proactive involvement will help to ensure improved productivity and to mitigate missteps and backtracking in the business.

It will make your job easier and more rewarding AND it will improve business results and provide the visibility and the seat at the table that your professional and business function deserves.

If you are a Tally user, you can leverage powerful analytical tools to add value to your organization and take a proactive role in results. AND, your business can evaluate the solution for free. 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.

3 Ways Business Users Can Benefit from Tally Mobile Analytics!

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3 Ways Business Users Can Benefit from Tally Mobile Analytics!

3 Ways Business Users Can Benefit from Tally Mobile Analytics

Tally ERP Solutions are popular with users, especially in India. Whether you are an accounting, finance, purchasing or other related professional, you are probably using this software for data entry and reporting. These tools are an integral part of your day and your role. In this article, we discuss, three of the ways in which business users can benefit from adding mobile analytics to the Tally environment.

Providing Critical Insight

No matter what role you play in your organization, it is sometimes hard to use the data you enter or the data in your reports to gain any meaningful insight. You may be able to draw some simple conclusions (like increases vs. decreases in revenue) but to spot trends, patterns, issues or opportunities, you might need to engage the expertise of a data scientist, an analyst or an IT professional. These individuals can take information from your system and drop it into an Excel spreadsheet or an analytical system and will, hopefully, be able to provide crucial information to support your decisions. In a perfect world, business users can leverage their own domain and industry knowledge to test theories, hypothesize and report in a way that tells a story and leads them to make confident decisions. Integrating analytics with the Tally solution allows the professional to take the data already in the system and use pre-built reports and tools to dive deep into data and create a picture of the business that will provide real insight into how the business is doing. These data-driven explorations allow users to identify issues before they create a real problem and to use information to move the business forward.

Adding Value to Your Role

If you are an accounting or finance-related professional, you can use integrated analytics to take the data in the Tally ERP system to the next level. By understanding the issues and gaining insight you can add value in your practice and in advising your clients. Going beyond data entry and statutory reporting allows you to make recommendations that will provide real value to your clients and colleagues and will expand your role and enhance your professional visibility and reputation. When a business user can leverage sophisticated analytics in a simple environment, there is no need for additional training. Your own professional expertise is leveraged and combined with the data to provide real insight and allow you to quickly and easily add value by drawing the right conclusions and leading your clients and colleagues to the most effective decision.

Improving Collaboration

With integrated analytical tools, all accounting and finance professionals can work within their own role AND collaborate with others to achieve a comprehensive picture of the business, its investments, its tax obligations, its product results, the efficiency of its supplier network, the efficacy of its purchasing strategy and more. Rather than focusing on an individual aspect of business results, and limiting your vision to a single ‘silo’, your professional teams can work together to create and manage a complete picture of the business that will optimize investments, revenue and resources.

3 Ways Business Users Can Benefit from Tally Mobile Analytics

This article describes three of the many reasons a business should consider integrating analytics with the Tally ERP solution to improve results and streamline workflow, supplier networks, tax planning and other related activities.

If you are a Tally user and you wish to explore the benefits of analytics for your professional team, start here: SmartenApps For Tally. For more information about Tally analytics for accounting and financial applications, visit our Blog.

4 Benefits of Mobile Analytics for Tally ERP Solution!

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4 Benefits of Mobile Analytics for Tally ERP Solution!

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If your business is using Tally ERP, your team members have access to tools that support their roles in every aspect of accounting and finance. Whether a user is focused on purchasing, inventory and supply chain, accounting and statutory reporting, finance and investment or any one of a number of other disciplines, Tally Solutions are designed to enable data entry, data organization and reporting.

In this article, we review four of the benefits the business will enjoy by adding augmented analytics to the Tally environment and how the integration of augmented analytics can provide additional tools, insight and value to the organization and make your team members more efficient and effective.

Augmented Analytics is a term coined by Gartner analysts to describe a data analytics approach that leverages machine learning and natural language processing (NLP) to provide simple tools for business users and streamline and democratize the analytical process so that every team member can have access to business intelligence and analytics for decision-making.

Go Beyond Data Entry

The typical accounting and finance professional uses Tally for data entry. Entering and tracking data in a single system allows users and managers to see reports that reflect the current state of the business. By adding augmented analytics to the tools available to your team, you support users and empower them to use their industry and domain knowledge to explore and find ‘nuggets’ of data that will help them make decisions and, more importantly, allow them to go beyond simple data entry and reporting to provide valuable advice and recommendations to the management team. Sifting through traditional reports and trying to ‘see’ the real story is often difficult in a traditional accounting and finance system. With integrated augmented analytics, users can theorize and discover answers and use that information to improve outcomes.

Reduce Guesswork and Opinion

At the end of the day, a team member can print reports, pour over data and highlight areas for improvement or perhaps an area they think might represent an opportunity for the business. But, if the data is not presented in true analytical form, team members may draw incorrect conclusions or leverage incomplete information to make a decision. Every person has a bias or an opinion and, while that position may be based on years of experience, we are living in an ever-changing world and business and markets are also changing. So, the conclusions they draw may be flawed if they are based solely on their own experience. With augmented analytics, users can produce graphical representations and tell a story, using data that will lead them to make decisions and recommendations based on metrics and facts.

Encourage Continuous Improvement

When a business makes the decision to integrated augmented analytics into the Tally environment, and provides access to those tools to business users, it can also engender a culture of continuous improvement and encourage team members to explore, discover and use real data and metrics to find ways to improve business processes, identify supplier issues, inventory process changes, and possible tax issues or challenges – all before these trends and patterns become a crucial issue. By encouraging users to go beyond data entry and truly leverage data and metrics to manage the business, the organization can become more agile, engender continuous improvement and ensure that every users is contributing to business success as a vital member of the team.

Improve Time to Market

Your competitors are using augmented analytics in every corner of the organization. When you consider your own business analytics needs, remember that accountants, finance, purchasing managers, inventory professionals and other related roles play a key role in controlling expenses and generating revenue. To be successful today, your business must find those hidden opportunities and issues, wring every drop out of expenses and leverage a myriad of techniques to generate and keep revenue. Identifying when and how to enter the market, how to improve the quality and efficiency of the supply chain, how to capitalize on sales and customer payments and use data and information in creative ways to improve time to market for new products, price points, customer engagement, tax implications, purchasing processes etc.

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These are just a few of the benefits your business will enjoy by integrating augmented analytics with the Tally ERP accounting and finance solution suite.

If your business is using Tally and you want to take your results to the next level, consider SmartenApps For Tally, a solution that provides value out-of-the-box with analytics, dashboards and reports that include an Overview, Sales & Purchase, Bank and Cash, Payables and Receivables, Inventory, Taxes, Cost Center, Ledger, Drill-Down, Accounts Statements, and Reports. For more information about Augmented Analytics and its application in accounting, finance and for Tally, visit our Blog.

Can Integrated Analytics Help Tally ERP Users?

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Can Integrated Analytics Help Tally ERP Users?

Integrate Sophisticated Analytics and User-Friendly Tools with Tally ERP!

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Tally ERP business users are familiar with the tools and modules provided and use these tools daily for accounting, inventory control, purchasing and supplier management tasks and finance-related activities. Users perform data entry and reporting. But, what if your business users could take the information within this system and use it to spot trends, identify patterns, make recommendations and suggestions to the business units and add crucial value in managing every aspect of expenses, revenue and tax implications within the business environment?

By integrating easy-to-use analytics with Tally, the average business users can enjoy built-in tools and in-depth reporting and go beyond standard, restrictive reports to gain insight into those issues that will become problems and into the opportunities that will help the business to expand, streamline and become more competitive and productive.

These tools are not designed for data scientists. They are designed for professionals who wish to combine their industry and career knowledge with sophisticated analytical tools in a user-friendly technology environment. The purpose of the tools is to elevate the value of the Tally ERP solution and to engender collaboration and a focus on the more strategic, operational and targeted use of data to make fact-based decisions and to sift through the data to find those important nuggets of information that will drive business success.

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If you are a Tally user, you can leverage powerful analytical tools to add value to your organization and take a proactive role in results. Your business can evaluate the solution for free. 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.

Improve Your Team Value with Analytics for Tally Solutions!

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Improve Your Team Value with Analytics for Tally Solutions!

Are You Using Tally Solutions? Add Value by Integrating Augmented Analytics!

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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!

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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.

Tally Users Can Make Clear, Confident Decisions with Mobile Analytics and Access!

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Tally Users Can Make Clear, Confident Decisions with Mobile Analytics and Access!

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.

Businesses demand more of their team members today and those demands include the advancement of data literacy and the ability of every business professional to use and understand data and to make recommendations, and perform tasks using factual, clear information on a day-to-day basis. If a business provides mobile analytics within the Tally App, business users can find and use Tally business intelligence, leverage Tally KPIs to establish key performance indicators and measure and monitor results, and use all of that information to make confident decisions – all with access on the road, while working at home or in the office.

The Tally dashboard within the mobile analytics app is easy-to-use and provides clear, visually insightful results that can be shared and leveraged for presentation, decisions and day-to-day actions and tasks.

Your business and users can leverage the best of Tally ERP and combine that power with simple, yet sophisticated business intelligence and analytics reporting to achieve the results needed to improve competitive positioning and to make the right decisions across the enterprise. A Software as a Service (SaaS) solution makes data accessible from anywhere and is cost-effective, quick to implement (within minutes, rather than weeks or months) with no implementation or customization costs or extensive training requirement.

SmartenApps for Tally allows users to leverage the popular, familiar Tally app and provides access to analytics via Web and Mobile App options in a Software as a Service (SaaS), easy-to-use, cost effective environment. Explore SmartenApps for Tally and Register Now to get started!

Augmented Analytics with Tools to Support Tally ERP Users!

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Augmented Analytics with Tools to Support Tally ERP Users!

With Augmented AnalyticsTally ERP Users Can Analyze and Improve Results!

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.

The business professionals who use this type of solution are not data scientists but they don’t have to be. If the business establishes a foundation for analytics with an augmented analytics application that integrates the data in Tally with an easy-to-use augmented analytics solution, it can leverage the information in the Tally system. Pre-built reports and flexible views and displays allow business users to gain critical insight into data.

All team members are under pressure to make the right recommendation, and to find and solve problems before they affect business success. In this day and age, businesses cannot afford to use opinion or guesswork. They need facts and data to support the direction they are taking.

A comprehensive solution provides reports that include:

  • Sales and Purchasing with key performance indicators (KPIs) to provide metrics that will measure success.
  • Bank and Cash reporting to reveal patterns in banking and cash over time.
  • Payables and Receivables to track products, services and categories and report on debtors and creditors and identify and predict overdue payments, etc.
  • Inventory analysis to identify shortages and overages, supplier issues, etc.
  • Tax reporting to estimate tax obligations, analyze taxes for upcoming payments etc.
  • Cost Center analysis to reveal balances, accounts and association with ledgers, etc.
  • Ledger analytics for entries, balances, drill-down and voucher level analysis.
  • Drill Down reporting with pre-built views and drill down into ledger and transaction levels.
  • Accounting Statements for accountants, statutory reporting and balance sheet review, trial balances, P&L etc.
  • Overview reports for monthly trends, top and bottom analysis, contribution analysis, KPIs etc.
  • Report suite to slice and dice data by vendor, product, service, cost, sales person, location, customer, inventory, purchasing, etc.

If you are a Tally user, you can provide users and your business managers with the tools they need to compete and succeed, 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.

Tally Users Can Go Beyond Data to Gain Insight Into the Business with Mobile App Analytics!

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Tally Users Can Go Beyond Data to Gain Insight Into the Business with Mobile App Analytics!

The Tally ERP Solution is an accounting and financial application that is used by many business professionals around the world. It has gained in popularity since its launch and is a critical piece of the workflow process for finance and accounting professionals. Much of the crucial data a business needs is contained within the Tally app and while Tally reports provide support for users, today’s businesses are working hard to find new ways to compete, new ways to measure and make fact-based decisions and new methods and collaborative techniques to allow team members to share, report on data and make data-driven decisions and recommendations.

By integrating a mobile analytics app with Tally features and functionality, business users can adopt and use simple, pre-built reports and templates and gain insight into data in ways they never could before. With a Tally dashboard designed with business users in mind, and Tally KPI capability, team members can leverage Tally business intelligence in a mobile environment and make decisions and share information while on the road, working from home or…from anywhere.

Are your users tired of staring at columns of Tally ERP data and reports crammed with detail, and STILL not being able to glean the information they need; still not feeling confident in the results they are presenting or the recommendations they make to management? With the right, integrated mobile analytics app, Tally users can leverage a familiar environment without having to learn a whole new software solution and they can drill down and through data to find the root cause of an issue, as well as create visualizations and summary reports that clearly illustrate the results and support the recommendation they are making. They can gain an understanding of issues and discover new opportunities – all without needing the skills of a business analyst and all within a mobile, easy-to-use interface and Tally dashboard.

A Software as a Service (SaaS) solution makes data accessible from anywhere and is cost-effective, quick to implement (within minutes, rather than weeks or months) with no implementation or customization costs or extensive training requirement.

Your business and users can leverage the best of Tally ERP and combine that power with simple, yet sophisticated business intelligence and analytics reporting to achieve the results needed to improve competitive positioning and to make the right decisions across the enterprise.

SmartenApps for Tally allows users to leverage the popular, familiar Tally app and provides access to analytics via Web and Mobile App options in a Software as a Service (SaaS), easy-to-use, cost effective environment.  Explore SmartenApps For Tally and Register Now to get started!

Combine Augmented Analytics with Tally Solutions!

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Combine Augmented Analytics with Tally Solutions!

Take Tally Solutions to the Next Level with Integrated Augmented Analytics!

If you are an accounting or finance professional, chances are good you know Tally Solutions and TallyERP. This software application was designed to support your teams and to provide an environment for data entry and reporting and, as such, it is quite popular. This foundational structure allows users to access and work with data for day-to-day tasks and to support the business operation.

But, as business becomes more competitive, accounting and finance professionals are being asked to use the data contained in their databases and software applications to spot trends and patterns, mitigate risk and plan for the future. Integrating augmented analytics into the Tally environment helps business users perform these tasks without the need of a data scientist or a business analyst. Pre-built templates and reports provide a foundation for analysis and sophisticated analytical tools on the backend with intuitive reporting and clear results on the front-end. Business users have the freedom to analyze and share data via a mobile app or in the office via a web browser.

Business users may feel that taking on these analytical tools is daunting and that they do not have the knowledge to use the tools or to understand the results but nothing could be further from the truth. Out-of-the-box analytics and easy-to-use dashboards provide information on banking and sales, purchasing, payables, receivables, inventory, taxes, ledgers, account statements and other information business professionals need.

If you are a Tally user, you can provide users and your business managers with the tools they need to compete and succeed, 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.

Smarten Announces SmartenApps for Tally, Out-of-the-Box Augmented Analytics Mobile App and Web Portal!

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Smarten Announces SmartenApps for Tally, Out-of-the-Box Augmented Analytics Mobile App and Web Portal!

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!

Kartik Patel, CEO of Smarten and SmartenApps says, ‘Our team designed this augmented analytics integration to provide seamless modern business intelligence and reporting and advanced analytics and to enable data-driven decisions, gain insight into issues, and identify opportunities with elegant, simple, secure technology and architecture and intuitive dashboards, KPI and reports.’

SmartenApps for Tally includes key business parameters, e.g., Sales, Purchase, Payable & Receivable, Income & Expense, Cash & Bank and Duties and Taxes, and monthly trends. out-of-the-box with analytics, dashboards and reports that include an Overview, Sales & Purchase, Bank and Cash, Payables and Receivables, Inventory, Taxes, Cost Center, Ledger, Drill-Down, Accounts Statements, and Reports.

‘Users have near real-time access to transactions and data with web and mobile access,’ Patel says. ‘And the app provides the value of analytics integration and fact-based decision-making with rapid start-up and timely access to support.’

Accredited by Gartner and recognized for its intuitive, easy-to-use analytics, Smarten offers stunning visualization, dynamic charts and graphs. SmartenApps for Tally is free to download and evaluate, with simple, affordable licensing fees thereafter. Download now for Web Portal and Mobile App.

SmartenApps For Tally  provides crucial business user support using a foundation of the Smarten augmented analytics suite. Explore the features and benefits of SmartenApps for Tally now.

Original Post : Smarten Announces SmartenApps for Tally, Out-of-the-Box Augmented Analytics Mobile App and Web Portal!