Tally unveils newer features on flagship product to strengthen customer connect

Tally Solutions, an Indian accounting software company with a focus on the small and medium business (SMB) segment, aims to strengthen the relationship with its core customer base by introducing newer features on its flagship product.

Founded in 1986 with a user base of over seven million and market presence in India, Middle East and Africa, Tally Solutions aims to continue with its philosophy of providing flexibility in its software products to ensure the ease of use by the SMBs.

“Flexibility is a big anchor point for us along with usability and providing the product at the right price point,” said Tejas Goenka, Managing Director, Tally Solutions.

The flagship product of the company has been TallyPrime. Now in its 6.0 version, it will bring further connected features which will mean connecting with other financial entities like banks. Typically, this product has traditionally been used by the business owners for use within their organisation limits and was not connected with external entities.

TallyPrime has other connected features such as e-invoicing, e-way bill generation and GST compliance. The latest version will have features such as bank reconciliation, banking automation and financial management for businesses and accountants.

Under this, users can access live bank balances and transaction updates directly within the platform. Tally Solutions has partnered with Axis Bank and Kotak Mahindra Bank to provide these services.

According to Goenka, besides the key requirement of flexibility for the SMBs, they also need the confidence that the software platform has all the security features to ensure the safety of their financial transactions.

Today, Tally Solutions is finding strong traction for its products in all its key markets. Goenka claimed that the fourth quarter of FY25 saw good growth for them and expects this momentum to continue.