Tally A lot of business owners use an ERP application which stands for Enterprise Resource Planning to plan and manage their business and resources altogether. While some overlook the huge potential this could have on their business, some have realized that its role is crucial and it is a must-have. Simply put, an ERP allows you to do a multitude of things from managing your customers, manufacturers, inventory, sales & purchase orders, banking, accounts. That’s where Tally comes in. It provides all the above-mentioned features and a lot more. 

To survive in today’s competition, it is essential that your business adapts to the trends in current technology and that can be done by using tools that manage your business and give you deep insight about your business. 

Advantages of using Tally for small businesses

It is often noticed that small businesses are the ones that usually hesitate to switch to an ERP even though they have the financial support to do so. Let’s talk about some of the reasons why Tally could be advantageous to small businesses. 

Support for banking transactions: Tally allows you to easily generate cash and cheque deposit slips with ease. It can also manage all the cheques that you issue and collect. Not just that, you can eliminate any chances of errors involved with manual reconciliation with your banking transactions. 

GST ready solution:

Tally answers all your GST needs be it creating a new invoice for your customers, sharing data with your tax consultants or filing your GST returns. You can rely on Tally to help you fix any errors and keep your business up-to-date with the latest business compliance standards so that your business is always ready for the change. 

Bird’s eye view of your business:

Being at the core of your business, Tally oversees all your business transactions and provides a comprehensive insight allowing you to view information that would help you make smarter and impactful decisions. 

Decisions on-the-go:

By being the brains of your business, Tally can help you make decisions on-the-fly, backing you up with the right information at the right moment with detailed analysis, estimates and overviews provided right at your fingertips. And we must not overlook the powerful option to get a customized report just for you with a few simple clicks. 

Growing your business:

Tally serves your business at all the levels of growth, it simply scales up with your business and allows you the flexibility to introduce new features like inventory, payroll, banking, new compliances and more without breaking a sweat. 

Multi-location tracking:

If a business can take place at multiple locations, why should your decisions be based on data from a single location? Tally allows you to seamlessly synchronize all the data from all your business locations and acts as a centralized location for all your information needs. 

Securing your financial data: 

Security is one of the pillars Tally is built upon. It’s designed to be resilient to crashes and instabilities. Your data stays safe and secure in the system at the harshest of situations. Not just that, you assign who accesses what and how so that you have total control over your business and it’s financial data. 

Conclusion:

 Tally provides an end-to-end solution to keep a track on your business while providing you a deep insight on information that would help you make smarter and efficient decisions. It not only makes running a business easier but also brings along some perks of its own which should never be overlooked. It is something that each business should have to keep them in the competition.