Accounting and Finance Pros Can Use Tally ERP Analytics!

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Accounting and Finance Pros Can Use Tally ERP Analytics!

Leverage Integrated Analytics Reporting in Tally ERP!

Accounting and Finance Pros Can Use Tally ERP Analytics

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 numerous rewards without reducing productivity or frustrating users.’

For accounting firms serving a client base or accountants within a business who are tasked with managing expenses, there is no doubt that a basic accounting system is mandatory. But, in today’s competitive environment, the do-more-with-less approach is rampant and accountants, finance professionals, inventory managers, purchasing managers and other finance-related professionals find it increasingly difficult to manage the data and monitor it in a way that provides value to clients and colleagues.

New roles include a value-based approach where the team is expected to provide insight, reduce expenses, spot trends, make recommendations and do it all in a fact-based environment where missteps will be mitigated and competitive advantage is key.

For users of the Tally® ERP Solution, the availability of integrated augmented analytics and reporting provides true benefits. The integration of analytics across all modules allows team members to analyze and report on data to solve problems, identify opportunities and make recommendations that will advance the interests of the business using a desktop or a mobile app approach.

Tally ERP Integrated Analytics Provides a Competitive Advantage

Available Reports Include:

OVERVIEW

Overview of key business parameters, e.g., Sales, Purchase, Payable & Receivable, Income & Expense, Cash & Bank and Duties and Taxes, and monthly trends. Also includes Top and Bottom Analysis, Contribution Analysis, and KPI analysis of these key indicators.

SALES & PURCHASE

Explore sales to date, and monthly, quarterly and yearly KPI and trends. Analyze monthly sales, top customers and detailed sales register.

BANK & CASH

Reveal trends and patterns in banking and cash results over a period of time. Users can compare results from previous time periods.

PAYABLE & RECEIVABLE

Breakdown payables and receivables by creditors and debtors as well as by products, services and components. Look for trends for overdue collections.

INVENTORY

Analyze inventory for shortages and overages. Explore overstock, understock, suppliers, products and shipping and distribution.

TAXES

Examine previous taxes, tax due summary, estimate tax obligations, analyze taxes for future periods.

COST CENTER

Analyze cost center balances and movements by cost center groups, cost center accounts as well as their association with ledgers.

LEDGER

Analyze ledger entries and balances in details with drill-down to individual voucher level.

DRILL DOWN

Pre-built drill-down views to balances at higher level groups, and drill down in hierarchy to ledger and transaction level.

ACCOUNTS STATEMENTS

Ideal for accountants for statutory submission purposes, and to review balance sheet statement, trial balances, profit and loss statements and more.

REPORTS

Various interactive reports with drill-down to slice and dice data by vendor, product, service, cost, sales person, location, customer, inventory, purchasing, costs, etc.

When these reports and tools are combined with the skill and knowledge of an accounting or a finance professional, the results can be profound. 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 numerous rewards without reducing productivity or frustrating users.

‘The integration of analytics across all modules allows team members to analyze and report on data to solve problems, identify opportunities and make recommendations.’

Find out how the addition of SmartenApps For Tally will support analytical initiatives and provide benefits to your users and your enterprise. Users can Download And Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify and to provide insight to clients, colleagues, management and team members.

Take Tally ERP to the Next Level with Augmented Analytics!

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Take Tally ERP to the Next Level with Augmented Analytics!

4 Ways in Which Integrated Augmented Analytics Builds on Tally ERP Success!

Take Tally ERP to the Next Level with Augmented Analytics

If your business is using Tally® ERP, your users are already familiar with the benefits and features of the solution. Tally includes business management functionality for banking, payroll management, purchasing, sales, accounting, taxes, manufacturing and inventory and allows team members and professionals to enter and manage data and to provide reports to colleagues and clients.

‘With easy-to-use features designed for business users, integrating augmented analytics with Tally ERP allows team members to do their jobs and to add value without significant investment of time and effort to learn the solution.’

In today’s competitive environment, every business is looking for ways to optimize resources and to provide proven processes and metrics that manage and monitor results and help the organization make decisions at every level. To that end, more than 65% of global enterprises increased spending on analytics within the past two years and that trend shows no signs of slowing. Analytics ensures fact-based decision-making and speeds the process of problem solving, making the enterprise more agile.

This approach can be used to improve the value of the Tally ERP installation within the organization and leverage the return on investment (ROI). In this article we discuss four (4) ways in which integrated Augmented Analytics can take your Tally users and results to the next level.

Four Benefits to Integrating Augmented Analytics with Tally ERP

Comprehensive View of Your Data

Many business users adopt and leverage a module or a set of features that they find the most useful for their common tasks. But if your team members are not seeing the big picture or if they are not able to dive into data across modules to understand the ‘why’ of results or to gain insight into what is working and what should change, they cannot combine their domain or professional knowledge with the data contained within the Tally ERP solution to make better recommendations and suggestions and to monitor and adapt. With features like visualization, dynamic charts and graphs, modern business intelligence (BI) and key performance indicators (KPIs), users can achieve a clear picture and go beyond data entry and simple reporting to analyze and gain insight into what is really going on in the business.

Ease-of-Use for Business Users

While organizations may be well aware of the benefits of analytics and may wish to democratize data and improve data literacy, it can often be challenging to get users to adopt analytics because there is a perception that the user must have analytical skills, or must learn and use difficult software or algorithms. With easy-to-use features designed for business users, the augmented analytics approach allows team members to do their jobs and to add value without significant investment of time and effort to learn the solution.

Mobile, Secured Access

Whether your business is transitioning to a remote work environment or your team members are on the road visiting clients or working in other office locations, secured mobile access to the Tally ERP data and the integrated augmented analytics environment is crucial to productivity and collaboration. With near real-time access to key indicators, trend tracking and analysis, recent transactions, ledgers, vouchers, products, inventory and reporting, in a seamless search environment, business users can complete tasks, monitor and report on progress and stay in touch with what is happening.

Pre-Built, Flexible Reports

Taking the existing Tally ERP reporting environment beyond its capabilities to add pre-built analytical reports can help team members see and understand data in a flexible reporting environment with dashboards, overview reports, sales and purchasing reports, bank and cash, payables and receivables, inventory, taxes, cost center, ledger, drill down, account statements and other reports to simplify and clarify decisions.

‘In today’s competitive environment, every business is looking for ways to optimize resources and to provide proven processes and metrics that manage and monitor results and help the organization make decisions at every level.’

Find out how the addition of SmartenApps For Tally will support your accounting-related analytical initiative 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.

The Value of Tally ERP Web-Based Accounting Analytics!

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The Value of Tally ERP Web-Based Accounting Analytics!

Web Access to Accounting Analytics Reporting is Crucial to Business Success!

The Value of Tally ERP Web-Based Accounting Analytics

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.”

The recognition of this new reality and its importance is crucial to building a foundation of a fact-based, analytical approach to accounting, auditing, and other finance-related functions in businesses all around the world. In the past, the accounting function was often seen as a ‘bean counter’ function, producing simple, columnar reports and tracking expenses and revenue.

‘A rich array of built-in, web-based reporting access and, for every accounting and these reports can be used as a foundation for the new analytical environment and to encourage the use of that analysis to make decisions and recommendations.’

Today, access to data analytics is crucial to enterprise success and, if accounting and auditing professionals have that access in a simple, easy-to-use interface, it is more likely they will adopt and use these new tools.

Users of the Tally® ERP Solution now have the ability to access and analyze data via web browser, and can leverage these integrated analytical tools in a simple environment with built-in reports that are easy to produce and easy to understand. This type of business user analytics can take the accounting function to another level by adding value and insight that can be used to advise clients and colleagues and by spotting trends, identifying and solving problems and capitalizing on opportunities.

In this article, we highlight the types and purpose of these analytical reports for reference and the value of these web-based reporting tools.

Stay Abreast of the Trends with Accounting Analytics

OVERVIEW

Overview of key business parameters, e.g., Sales, Purchase, Payable & Receivable, Income & Expense, Cash & Bank and Duties and Taxes, and monthly trends. Also includes Top and Bottom Analysis, Contribution Analysis, and KPI analysis of these key indicators.

SALES & PURCHASE

Explore sales to date, and monthly, quarterly and yearly KPI and trends. Analyze monthly sales, top customers and detailed sales register.

BANK & CASH

Reveal trends and patterns in banking and cash results over a period of time. Users can compare results from previous time periods.

PAYABLE & RECEIVABLE

Breakdown payables and receivables by creditors and debtors as well as by products, services and components. Look for trends for overdue collections.

INVENTORY

Analyze inventory for shortages and overages. Explore overstock, understock, suppliers, products and shipping and distribution.

TAXES

Examine previous taxes, tax due summary, estimate tax obligations, analyze taxes for future periods.

COST CENTER

Analyze cost center balances and movements by cost center groups, cost center accounts as well as their association with ledgers.

LEDGER

Analyze ledger entries and balances in details with drill-down to individual voucher level.

DRILL DOWN

Pre-built drill-down views to balances at higher level groups, and drill down in hierarchy to ledger and transaction level.

ACCOUNTS STATEMENTS

Ideal for accountants for statutory submission purposes, and to review balance sheet statement, trial balances, profit and loss statements and more.

REPORTS

Various interactive reports with drill-down to slice and dice data by vendor, product, service, cost, sales person, location, customer, inventory, purchasing, costs, etc.

As you can see, there is a rich array of built-in, web-based reporting access and, for every accounting and these reports can be used as a foundation for the new analytical environment and to encourage the use of that analysis to make decisions and recommendations.

‘Users of the Tally® ERP Solution now have the ability to access and analyze data via web browser, and can leverage these integrated analytical tools in a simple environment with built-in reports.’

Find out how the addition of SmartenApps For Tally will support your accounting-related analytical initiative 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.

3 Ways You Can Use Tally Analytics and BI Reporting to Succeed!

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3 Ways You Can Use Tally Analytics and BI Reporting to Succeed!

3 Ways You Can Use Tally Analytics and BI Reporting to Succeed

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.

In this article, we look at just three of the ways a business can leverage augmented analytics and integrated reporting to optimize the value of Tally ERP and the time and skill of its professional resources.

3 Ways You Can Use Tally Analytics and BI Reporting to Succeed

Near Real-Time Access with Desktop and Mobile User Interface

With augmented analytics, the business user can leverage stunning visualization, dynamic charts and graphs, modern business intelligence features, and key performance indicators (KPIs) metrics to help your business sustain a competitive edge. There is no need to involve IT or data scientists or business analysts. The insight and valuable ‘nuggets’ of information are at your fingertips with built-in reporting. Users can share, collaborate and work with data to analyze results and clearly see what direction is best.

Reports that ‘Speak Your Language’

Accountants, finance professionals, inventory managers and purchasing professionals are just a few of the staff that will find built-in reporting designed to answer questions and illustrate results in a way that reveals trends, patterns, and helps the team to get to the bottom of things. Whether your users want to see data about ledgers, vouchers, detailed sales receipts, tax and statutory implications, inventory and supplier purchasing data or any other discipline, there is something for each of your business users.

Managing the Business

Businesses cannot survive without a plan and today, business is changing so quickly that it is often hard to anticipate results. Whether your questions relate to the efficacy of supplier networks, the decrease or increase in sales following a price increase, the ‘sweet spot’ for inventory managers, shipping or distribution issues or the dreaded tax planning for quarterly or annual tax cycles, it is crucial that the business make concise plans and have the confidence that these plans will be accurate. That accuracy in planning ensures that the company can have the funds to invest appropriately, receive dependable revenue from a product line and report to a Board of Directors or executive management team with reliable numbers and information.

As the business incorporates augmented analytics and built-in BI reporting with Tally ERP, each of its professional accounting and finance professionals will find creative ways to leverage these tools and add value and the business can also optimize its resources by allowing professionals to get the job done with less redundancy and a more streamlined process.

In this article, we have discussed just a few of the ways in which your business can enjoy the benefits of integrating augmented analytics with Tally ERP. If you want to get more value out of your Tally ERP solution and optimize your resources and professional efforts, Contact Us for more information on SmartenApps For Tally.  For more information about integrating Augmented Analytics with Tally ERP, visit our Blog.

3 Ways You Can Use Tally Analytics and BI Reporting to Succeed

Gain Insight with Integrated Analytics for Tally Solutions!

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Gain Insight with Integrated Analytics for Tally Solutions!

Going Beyond the Numbers with SmartenApps for Tally!

Gain Insight with Integrated Analytics for Tally Solutions

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.

Tally serves millions of users across industries in over 100 countries and supports a network of more than 28,000 partners, providing sales, support and services.

‘The SmartenApps for Tally approach provides value out-of-the-box with analytics, dashboards and reports.’

The Tally software solution suite has gained in popularity and is particularly popular among businesses in India. As the Tally team expands its market reach, it has added additional capabilities to better serve its clients. Among the most important new capabilities is the integration of augmented analytics to support business users in gather and analyzing data contained within the Tally modules.

The SmartenApps for Tally integration takes the Tally solution beyond data entry and basic reporting. Users can leverage familiar features and modules with integrated analytics to enable data-driven decisions and gain insight into issues, identify opportunities and solve problems, all within the environs of an intuitive dashboard, with key performance indicators (KPIs) to establish and manage metrics and pre-built reports to satisfy accounting and finance-related roles and needs.

Add Analytics to Tally Solutions for Results

Here are some of the benefits of SmartenApps for Tally analytical integration:

  • Users have near real-time access to recent transactions and data
  • Web and Mobile access allows for intuitive analysis 
  • Users can access the SmartenApps for Tally using web and native mobile app user experience
  • SmartenApps for Tally extends the office environment and allows for swift analysis and decisions from anywhere
  • SmartenApps for Tally is free to use for 30 days with simple, affordable licensing fees thereafter
  • Start-up is easy, within a few minutes
  • Support is readily available
  • No need for a separate analytical solution, that will require training, access credentials and a separate sign-on

The SmartenApps for Tally approach  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. All of these report templates are ready-to-use, with more pre-built reports released periodically.  

Business users with average technical skills can use SmartenApps for Tally to gain insight into data using value-added tools and features. 

The SmartenApps for Tally application is based on the Smarten Augmented Analytics product, which is accredited by Gartner and recognized for its intuitive, easy-to-use analytics, so the business and its users can be assured of dependable, world-class features, functionality and performance.

‘Tally serves millions of users across industries in over 100 countries and supports a network of more than 28,000 partners, providing sales, support and services.’

Find out how SmartenApps For Tally can support your users and improve results within your organization. Users can Download And Register for SmartenApps for Tally and use Tally data to analyze, explore and clarify.

4 BI Reporting Insights Achieved with Tally Analytics!

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4 BI Reporting Insights Achieved with Tally Analytics!

4 BI Reporting Insights Achieved with Tally Analytics

Many accounting and finance professionals use Tally ERP for data entry and reporting. If a business adds analytics to the Tally ERP environment, it can provide user-friendly augmented analytics that will optimize resources, increase productivity and add value to the business and the user by offering insight into the mountain of data contained within the Tally solution modules.

This article discusses four (4) examples of insight gleaned from adding built-in reporting and augmented analytics to the business accounting and finance software solution.

Banking and Cash Management

This report allows users to search for and understand trends and patterns in banking and cashflow. Business users can search for a particular time period and compare that time period to comparable historical periods. Identifying trends and patterns in cashflow and banking can provide valuable information and alert the business to issues that may affect the ability to apply for funding, the capacity of the business to make investments, fund new projects, etc.

Banking and Cash Management

Sales and Purchasing

Business users can explore sales to date, and examine monthly, quarterly and yearly trends and key performance indicators (KPIs). The business can analyze sales, identify top customers and detail sales registers. These trends can help sales managers identify top sales staff and techniques, where to market and which customers to target. Purchasing managers can identify trends and anticipate the need for supplies to satisfy demand.

Sales and Purchasing

Payables and Receivables

Accountants routinely use payables and receivables to highlight business issues. With built-in reports to analyze payables and receivables, accountants can take analysis to the next level, break down payables and receivables by creditors and debtors, by product, by service and/or components and look for trends for overdue collections, invoicing issues, potential customer or client defaults based on previous payment history, etc.

Payables and Receivables

Inventory Management

Inventory management is crucial to business success. Carrying and warehousing an overage of inventory costs money. Running short on inventory of supplies or products costs the business in prospective sales. Built-in reports for Inventory Management allow business users to analyze inventory to identity current shortages or overages and to use trends to anticipate where future issues may arise. Users can explore overstock and understock to look for wholesale opportunities or identity targets for product discounts to move inventory, and they can explore issues and opportunities for products, shipping and distribution.

Inventory Management

In this article, we explored four of the many benefits and features the business will enjoy by adding integrated augmented analytics and built-in reporting for business and professional use.

These are just a few of the reasons for integrating augmented analytics with Tally ERP. If you want to get more value out of your Tally ERP solution and optimize your resources and professional efforts, Contact Us for more information on SmartenApps For Tally.  For more information about integrating Augmented Analytics with Tally ERP, visit our Blog.

Help Your Clients AND Yourself with Analytics for Tally ERP!

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Help Your Clients AND Yourself with Analytics for Tally ERP!

If You Work with Numbers, You Need Analytics!

Analytics Can Take Tally ERP to the Next Level

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.

If the business does not understand its expenses, where and how it generates revenue, who its most important customers are, where it can save money on suppliers and supply chain, how to manage inventory, how to avoid expensive tax issues and messy statutory and regulatory reporting mistakes – well, all of those things relate to money, don’t they? And money is what makes the organization run (or fail).

As a numbers and money manager, you will doubtless use a software solution like Tally ERP. These solutions manage finance-related, accounting and other functions by enabling data entry and reporting. But, what if you could go beyond this simple day-to-day workflow, take all that data contained in the system and analyze it to spot trends, issues and opportunities and to truly understand what is going on, what if you could report across modules and do so in a way that produces insightful information rather than columns of data you have to explain to your clients and colleagues?

What true nuggets of information are hidden in that data, beneath the surface, or on the other side of the organization? What if you could add value to your organization, and to your own role in the enterprise by providing advice and counsel instead of numbers?

Analytics Can Take Tally ERP to the Next Level

With the right integrated analytical tools, you CAN do all of that and more with key performance indicators (KPIs), ledger, shipping and distribution, cost center, and banking support and more. 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.

4 Critical Features to Ensure Success with Mobile Analytics for Tally ERP!

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4 Critical Features to Ensure Success with Mobile Analytics for Tally ERP!

4 Critical Features to Ensure Success with Mobile Analytics for Tally ERP

The Tally ERP Solution is very popular with business users – accountants, finance professionals, inventory and purchasing managers and others. To take Tally to the next level, many organizations are integrating augmented analytics to enable insight, make fact-based decisions and allow accounting and finance professionals to add more value by making accurate, concise recommendations and suggestions to clients and team members so that the business can control expenses, understand and manage tax implications, improve supplier networks and purchasing workflow and optimize other processes.

In this article, we discuss four critical features to consider when integrating analytics with Tally ERP.

Designed for Business Users

The tools you provide for your business users should include Augmented Analytics, Business Intelligence and Reporting Integrated with the Tally ERP solution for easy access and intuitive use.  Users want easy-to-use tools that provide sophisticated insight into data using a myriad of value-added tools and features. Look for features that offer the ability to build a ‘story’ and review data in clear, concise visualization, dynamic charts and graphs, modern business intelligence features, and key performance indicators (KPIs) metrics to help you sustain a competitive edge.

Accessible from Within and Outside the Office

Today’s team members often work outside the office. They will want access to Tally ERP and to integrated analytics from desktops inside the walls of the office, from native mobile applications via Cloud server to fetch and display required data, graphs and reports and seamless security and privacy protection via web interface with built-in reporting available from anywhere.

Provides Comprehensive, Built-in Reporting

Your business professionals have a variety of needs. Look for built-in reporting that is designed for easy access and is formatted and available for any user so the accountant, finance pro, purchasing managers and others can choose the reports that are right for them and gain valuable insight into data across the enterprise. Overview Reports for Sales, Purchasing, Payables and Receivables, Income and Expenses, Cash and Banking, Duties, Taxes, Monthly Trends, Top and Bottom Analytics, Contribution Analysis, Cost Center Analysis, Ledgers, Account Statements, Tax and Statutory Reports, and Key Performance Indicators (KPIs) are important components of the most comprehensive picture of your business.

Offers User-Friendly Access to Analytics

Your business users do not want to learn a complex, augmented analytics software system with complicated features and analytical techniques. They want easy access to integrated analytics so they can quickly and easily perform analytics without a lot of training and effort. Remember, the accounting or finance professional is interested, first and foremost, in the data contained in the Tally environs. When you can integrate analytics and Tally ERP data, you give your users the tools to make confident decisions, improve workflow and business processes and help users add value to your business as professional consultants who bring together their professional knowledge, the data contained in the Tally ERP system and the analytics you need to understand and manage results.

4 Critical Features to Ensure Success with Mobile Analytics for Tally ERP

These are just a few of the considerations for integrating augmented analytics with Tally ERP. If you want to get more value out of your Tally ERP solution and optimize your resources and professional efforts, Contact Us for more information on SmartenApps For Tally.  For more information about integrating Augmented Analytics with Tally ERP, visit our Blog.

Add Analytics to Tally ERP and Watch What Happens!

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Add Analytics to Tally ERP and Watch What Happens!

Accountants and Finance Pros: Get the Most out of Tally ERP with Analytics!

Analytics Makes Tally ERP More Than Financial Software

What’s your role? Maybe you are an accounting professional, or a financial manager, or maybe you are a sales manager, someone in charge of purchasing for your business, or the person who manages inventory. No matter your role, if you deal with budget, overspending, supply shortages or any other aspect of the business affecting the budget, funding, spending and revenue, you know how important it is to stay on top of things.

If your business uses Tally ERP solutions, you may be entering data, printing and distributing reports, using the information in the system to track inventory and purchasing or, just about anything else. But, the problem with data is that it can often hide crucial trends and facts. You can see the columns and the numbers, you can print the statutory reports, but you can’t always apply your years of professional knowledge to that mound of data to spot issues or to help your colleagues or clients identify the next big thing.

Analytics Makes Tally ERP More Than Financial Software

Where are the opportunities? How can you use your limited resources to best leverage your products, your customer base, your competitive position? If you work with numbers in accounting or a finance-related position, you can add value by adding analytics to your Tally ERP solution. With built-in analytics that offer out-of-the-box reporting you can manage sales, purchasing, payables and receivables, income and expenses, cash and bank, duties and taxes, monthly trends and other categories and factors, using top to bottom analysis, contribution analysis and key performance indicators (KPIs) so you are managing with facts. You can explore sales and identify top customers, you can illustrate banking and cash results and compare historical time periods (all without having to dump data into an Excel spreadsheet), and make decisions based on fact-based analytics. You can spot trends in overdue collections, analyze inventory shortages, suppliers and shipping and distribution, and examine taxes, estimated tax obligations, cost centers and ledgers, account statements and reports that allow you to drill down and slice and dice by vendor product, service, cost, sales person, location, customer, inventory, purchasing, and more.

The benefit to you and to your clients and colleagues is a new kind of insight, going beyond data entry and dry, columnar reporting. Using clear visualization, dynamic charts and graphs and modern business intelligence tools, you can leverage KPIs and analytics to gain a competitive edge and add value and visibility for your individual position and your team.  

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.

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.