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Latest ERP version launched in Bihar, Delhi, Gujarat, Madhya Pradesh, Maharashtra and Tamil Nadu
Bangalore, India – 11th August, 2016 – Tally Solutions, the premier Indian software product company, announced the rollout of Release 5.4, the latest version of the Release 5 series from its Tally.ERP 9 suites, in the national Capital Territory of Delhi and five states – Bihar, Gujarat, Madhya Pradesh, Maharashtra, and Tamil Nadu. While this is the maiden launch of Series 5 in Bihar and Madhya Pradesh; Delhi, Gujarat, Maharashtra and Tamil Nadu stand to benefit from the enhanced performance experience the 5.4 version has to offer.
With the constitutional amendment for GST now passed, the entire country is gearing up for the biggest indirect tax regime. Through GST, the government intends to bring about greater transparency in business transactions and simplify compliance needs. Tally.ERP 9 Release 5.4 aims to help businesses ensure that their transactions are correct and complete through the powerful concept of triangulation and with it Tally Solutions will help prepare businesses across the country for the GST regime.
The Tally.ERP 9 Release 5 series is designed to empower businesses to be fully tax compliant, ensuring that tax returns reflect the books of accounts accurately. This helps businesses with simpler, easier and quicker compliance.
The VAT capabilities in Release 5 are being launched in an incremental manner across India. In line with its preceding versions, Release 5.4 is also aimed at supporting businesses with a comprehensive compliance solution for the geographies mentioned above, and provides the latest VAT capabilities. In this regard, Release 5.4 includes all the features present in the releases before it. Additionally, users of Release 5 Series, also stand to benefit from the performance enhancement features incorporated in central taxation capabilities (Excise, Service Tax and TDS) that is applicable across the country.
Since its release in July 2015, Release 5 series has already been made available in 18 Indian states and union territories. With the introduction of the latest version 5.4 in Bihar and Madhya Pradesh, the product currently provides comprehensive compliance support to 20 States across the country.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 30 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in 140 countries and continues to be the unchallenged industry leader in the enterprise resource planning software domain.
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]]>The post Tally Solutions embeds Krishi Kalyan Cess to enable Businesses in India comply with Government regulations appeared first on Core Sector Communique.
]]>Bangalore, 1 June 2016 – Tally Solutions, the premier Indian software product company, today announced that all versions of its flagship product, Tally.ERP 9 have been enabled to support the newly passed Krishi Kalyan Cess through an update. This is done to support Indian businesses in complying seamlessly with the government regulation, effective from 01 June 2016. Implementing the new cess will be fast and smooth for all businesses that use Tally.ERP 9.
The Krishi Kalyan cess at 0.5% has been introduced by the Union Government for the purpose of financing and promoting initiatives to improve agriculture thus revising the new rate of service tax to 15%.
In Tally.ERP 9, the Krishi Kalyan cess is auto calculated in transactions, be it regular sale, reverse charge, sale of service with abatement or sale value which is inclusive of tax. The printed invoice will also display the cess value. Additionally, provision has been made to allow adjustment of Krishi Kalyan cess credit against Krishi Kalyan cess liability, and to account for interest and penalty on the cess.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 30 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in 140 countries and continues to be the unchallenged industry leader in the enterprise resource planning software domain.
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]]>Enables several large, medium and small enterprises worldwide to achieve higher business efficiency
India – 03 May, 2016 – Tally Solutions Pvt. Limited (TSPL), the premier Indian software product company, today announced its one millionth customer win across the globe. From its humble beginning in 1986, Tally Solutions today offers its solutions to a million customers in over 100 countries, including India, Middle East & North Africa, sub-Saharan Africa, Asia Pacific, and SAARC countries.
Driven by innovation, path breaking technology and a robust partner ecosystem, Tally Solutions has emerged as India’s leading business management software product company, catering to customers across industry verticals, including BFSI, Retail, Hospitality, Healthcare, Manufacturing, Education, and Construction.
“In our three decade long journey, our customers and partners have contributed immensely to our growth. On this momentous occasion, we thank all our stakeholders for their continued support and commitment towards Tally,” said Tejas Goenka, Executive Director, Tally Solutions. “Looking ahead, we aggressively aim to add to the million and penetrate deeper globally while continuously enhancing the product experience.” he added.
A recent study conducted by IMRB International and commissioned by Tally Solutions, mentioned that 88 per cent of the licensed Tally users are highly satisfied and 94 per cent of users surveyed indicating that they are ‘likely to continue’ with Tally software. The study, was conducted with 3500 respondents comprising of CIOs, IT Heads, Accounts & Finance teams and business owners, was undertaken with the intent to understand the usage and attitude of licensed Tally users amongst Small and Medium Businesses in India, while identifying the usage behaviour and experiences online product purchase and sales.
As a pioneering technology company from India, Tally Solutions was the first to introduce codeless software, a natural language interface, path-breaking remote functionality and other unique capabilities. It was the first to launch free service and breakaway commercial terms including free upgrades and no charge per seat to transform the ownership experience. Its strong principle right from the early years to reach customers through a dedicated partner network has resulted in a robust partner system of 28,000+ partners.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 29 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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Helps companies in Kenya to achieve higher business efficiency, greater transparency and compliance with its comprehensive solutions portfolio
India – 13 April, 2016 – Tally Solutions Pvt. Limited (TSPL), the premier Indian software product company, today announced that it is seeing growing customer traction in Kenya, with a total installed customer base of over 3,000 customers in Kenya. The company recently rolled out the latest release of its flagship product Tally. ERP 9 for the Kenya market, and has been focusing on growth in Africa.
Since the last 16 years, Tally has been enabling large, medium and small enterprises in Africa to manage accounting, streamline operations, and achieve higher business efficiency, while remaining iTax compliant. There are over 10,000 enterprises in Africa who are currently using Tally software for a variety of accounting & business management functions. In Kenya, Tally Solutions caters to customers across industry verticals, including Manufacturing, Retail Trading and Construction. The company set up its overseas office at Nairobi in August 2014 supporting a robust network of 74 authorised Tally Partners in the region.
As a testimony of its deepening presence in the African market, Tally Solutions signed on another happy and proud customer in the Jotun Group, a global Norwegian chemicals major dealing mainly with paints and coatings. The company recently implemented Tally.ERP 9, for its regional operations in Kenya and reaped significant benefits in terms for greater business efficiency. Jotun has adorned several famous landmarks around the world, including the Eiffel Tower in Paris, Burj Khalifa in Dubai and Marina Bay Sands in Singapore.
“Our experience of implementing Tally.ERP 9 in Kenya has been fantastic. Tally.ERP 9 easily fitted our needs; it was an extremely easy-to-operate software and an economically viable solution,” said Mr. K.R. Rao, Regional IT Manager (MEIA), Jotun UAE Limited. “Tally.ERP9 gave us the flexibility to adapt to the local and legal needs of the region. Also some of the existing employees in Jotun’s finance team were already aware of the product’s functionalities. This proved to be an additional asset to the company. Even the roll-out was extremely seamless and became operational as per plan,” he added further.
Jotun, with its presence in more than 90 countries and with 9500 employees, anticipated several business challenges when it made inroads into the African market. To address its local needs, Jotun was looking for a flexible ERP partner with a qualified solution that was flexible, easy to operate, and had minimal dependencies. The company adopted Tally.ERP 9 to manage the finance, logistics and supply chain operations of Jotun’s Kenya office, which was set up with the prompt help of Tally’s regional team at Dubai, and Infobit Computer Solutions, a Tally Partner in Dubai. Further to implementing Tally.ERP 9, Jotun could easily run both the Kenya and in-future Morocco sites remotely with their main server at Dubai.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 29 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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]]>The post Tally Solutions embeds Swachh Bharat Cess to Support Customers in India to meet Compliance Standards appeared first on Core Sector Communique.
]]>Bangalore, India- Tally Solutions, the premier Indian software product company, announced that the latest release – Tally.ERP 9 Release 5.1.3, will now be available with the new Swachh Bharat cess implemented in the product, to support Indian businesses in complying seamlessly with the new regulation. This will ensure that the implementation of the new cess is fast and smooth in all businesses that use Tally.ERP 9.
The current module will bring in the additional component to implement the Swachh Bharat Cess as announced by the Government of India recently. Tally Solutions will also introduce the return forms as and when the government notification for the same comes in.
The Government of India notified the levy of Swachh Bharat cess at the rate of 0.5% on all taxable services effective from 15th November 2015, thus revising the new rate of service tax plus Swachh Bharat cess to 14.5%.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 27 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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]]>The post Tally Solutions Announces Successful On-boarding of the First Batch of Certified Partners as a Part of the ‘Vriddhi’ Program appeared first on Core Sector Communique.
]]>Introduces exclusive enablement and certification programs to deepen engagements with partners across India
Bangalore, India – November 04, 2015 – Tally Solutions Pvt. Limited (TSPL) today announced that the company is ready to welcome its first batch of Certified Partners to the new partner structure, as a part of the ‘Vriddhi’ partner program. These partners have been certified after meeting compliance standards on a number of processes, to deliver high customer satisfaction on a continuous basis. Tally Solutions will continue to support these partners in deepening their engagement with customers, while driving their business results to higher and higher standards.
The program, which was launched in March this year, has settled in well with Tally’s mammoth network of 28000+ members. Since the rollout of Vriddhi, the company has reached out to the entire network to educate them and gather feedback on the new commercial framework as well as the processes they would need to follow in their new roles.
On the occasion, Tejas Goenka, Executive Director, Tally Solutions Pvt. Ltd., said “We are delighted to welcome the first batch of Certified Partners who have been on the journey of Vriddhi with us. Vriddhi has brought in an organised, focused and a systematic approach in the way our partners are approaching their businesses. And now it is imperative that they get recognition and the right platform to serve more customers with greater quality. I am looking forward to help drive collective business growth with them in the coming years.” he further added.
As a part of Vriddhi, the first batch of Certified Partners has undergone the assessments on their product knowledge as well as soft skills used during customer engagements. For product knowledge assessments, Tally Solutions has launched a comprehensive online assessment engine. These online assessments are provided in 7 Indian languages – Hindi, Malayalam, Telugu, Kannada, Marathi, Bengali and Tamil; to enable partners in smaller towns to take the assessments through a preferred local language. Tally is also initiating classroom trainings to train partners on products, in a classroom environment, in order to help them to clear assessments, and deliver great customer experiences with strong and certified product knowledge.
Additionally, there is study material available in multiple languages. Self-learning video tutorials in English, providing high-quality content for partners to learn at their own convenience and pace have also been introduced. These videos are available for download from the Tally partner portal, and over 1500 partner organizations have downloaded these videos so far.
This first round of soft skill assessments will also be used by Tally Solutions to develop future growth maps for individual partner resources.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 27 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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]]>Continues focus on emerging markets to deliver greater value to large, medium and small enterprises across industry segments
Bangalore, 09 September 2015: Tally Solutions Pvt. Limited (TSPL) today announced that it is seeing growing customer traction in Bangladesh, with a total installed customer base of over 4500 customers. The company has been focusing on expanding its market in global geos, enabling large, medium and small enterprises to automate operations, achieve business efficiency, while bringing in smoothness and simplicity in business operations, through a robust partner network.
As a testimony to these developments, Poly cable Industry Limited, one of the largest and leading manufacturers of poly cables in Bangladesh, recently upgraded a range of operations, from account and inventory management to tracking all areas of Outstanding and Product Movement, to run on Tally.ERP 9 and Tally.Server 9. The company, which produces over 500 categories of wires and cables for various industrial purposes, has been using Tally software since 2005.
The company was facing challenges in manual book keeping, which was both a tedious and time consuming process for the growing poly cable manufacturer. In the absence of business intelligence reports, the company was facing serious delays in consolidating reports and information from across their branches, which was in turn affecting their business growth and hampering an accurate analysis of their market standing.
“Our business has seen an increased efficiency of 70% after we started using Tally.ERP 9. The various features of Tally.ERP 9 and Tally.Server 9 have removed the redundancy that we were facing in our process earlier, and have brought in greater agility and responsiveness to our business,” says Mohammad Fardwas Alam, CFO, Poly cable Industry Ltd. “The on -site support from Rainbow Software, one of Tally Solution’s partners, has also been of great help to us. Tally’s partner network is definitely unparalleled in terms of customer service,” he further added.
Further to implementing Tally, Poly cable experienced seamless financial accounting for the first time. By 2007, they moved their wide ranging inventory to Tally.ERP 9 as well. Other than saving 50% of crucial business time, the implementation also helped the management at Poly cable to take timely and informed decisions. Tally.ERP 9’s real-time business intelligence reports, which include Trial Balance, Profitability Analysis and Receipt & Payment Ledgers, have helped the company gain deeper insights into business and thus enhance planning & operations, and seamlessly upload data from their three branch offices spread across Bangladesh in significantly lesser time.
About Poly cable Industry Limited:
One of the largest and leading manufacturers of poly cables in Bangladesh, Poly cable Industry Ltd. was established in Dhaka, in 1996. Today, it produces 500 categories of wires and cables and is a household name in Bangladesh’s leading cities as well as its remotest villages. Since the last 12 years, the company has been recording consistently strong performance with almost 20% growth per year for domestic and power cables.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 27 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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]]>The post Tally Solutions awarded the prestigious Make In India Award for Excellence 2015 appeared first on Core Sector Communique.
]]>Bangalore, 03 September 2015: Tally Solutions Pvt. Limited (TSPL), one of India’s leading software product companies, has been awarded the prestigious “Make In India Award for Excellence 2015” in the category of Business Management Software by Krazy Mantra, a leading IT & ITES company based in Gujarat. The award was conferred to Tally Solutions in recognition of their outstanding contribution in the field of accounting and taxation for almost three decades now.
The award recognized Tally Solutions’ industry leadership in the field of accounting and business management software, and their pioneering contributions towards simplifying the lives of Indian businesses. Various aspects were taken into consideration in the nomination and judging processes, covering areas like business domain, customer profile, product overview and capabilities. Tally’s flagship product, Tally.ERP 9, has been inherently designed to suit and compliment the nature of work in a typical Indian business environment. In this sense, the product is not just made in India but made for the Indian market as well. Over the years, Tally.ERP 9, has emerged as the de facto business solution of choice for enterprises globally, allowing for seamless transition of processes for businesses in order to incorporate policy changes.
“Getting awarded is always humbling, as you are acutely conscious of the journey that still lies ahead. Being recognized for our past efforts is highly motivating, and reflective of the focus we have had for this great country. As we step out for our global aspirations to change the life of millions around the world, we hope to receive the same degree of appreciation as we have had here.” said Bharat Goenka, Managing Director & Co-founder, Tally Solutions.
Tally Solutions was amongst the 45 Indian companies who were recognized with the award in different categories. The award honoured the contribution of companies, organizations, institutes, and individuals among others, who are an epitome of excellence in their chosen area of interest.
About Tally Solutions Private Limited:
Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 28 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain.
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