Tally Solutions, a company that has experienced a dynamic journey from its humble beginnings as a start-up to becoming a dominant player in the accounting software industry, is now setting its sights on even greater accomplishments. Led by Bharat Goenka, the company’s founder, Tally Solutions aims to achieve a significant milestone of becoming a 5,000 crore company in the near future. With an ambitious goal of surpassing $2 billion in revenues by the end of FY 16-17, Tally is poised to make a significant impact in the market and inspire other start-ups.
While a twenty-fold growth within a few years may seem like an audacious dream, Tally’s determination to succeed is fueled by its unfulfilled aspirations rather than mere overconfidence. After navigating through a challenging journey marked by struggles, successes, and valuable lessons, Tally has reached a point of self-discovery and is ready to embrace the opportunities that lie ahead, propelling itself forward at an astonishing pace.
Bharat Goenka is crystal clear about his priorities for the company this time around, emphasizing the importance of creating an impact rather than solely focusing on monetary gains. Tally believes that by making a significant difference in the market, financial success will naturally follow.
Tally’s flagship software, ERP 9, is widely acclaimed as the premier accounting package available to businesses today. What sets Tally apart in India is its user-friendly interface and real-time access to crucial financial information, enabling businesses to analyze cash flow and gain deeper insights into their financial data on an ongoing basis. With an impressive market share of 80%, Tally’s main competition lies in manual bookkeeping.
Although financial accounting is a global product, Tally recognizes the uniqueness of each market, particularly when it comes to India’s distinct accounting standards and rapidly changing regulations. Tally’s ability to understand and adapt to the Indian regulatory environment, coupled with frequent product updates, positions them as a trusted and reliable solution provider. Furthermore, Tally ERP benefits from a robust network of partners who play a vital role in selling and implementing the software, making it challenging for global companies to replicate this level of localized support.
Looking ahead, Tally continues to offer its products under two primary brands: Tally and Shoper. The company’s latest version, Tally ERP 9, has seen remarkable success. Identifying a new area of opportunity, Tally aims to leverage its extensive network to provide “supply chain visibility” to small and mid-sized organizations, offering them the last mile connectivity they need.
To achieve its ambitious goal of reaching $2 billion in revenues and surpassing growing competition, Tally understands the importance of returning to its roots: innovation and unmatched work ethics. These core principles will drive the company forward as it continues to provide cutting-edge solutions and deliver exceptional value to its customers.
Riyaz Tamboli, Director at Antraweb Technologies Pvt. Ltd, a trusted partner of Tally Solutions, has been instrumental in developing customized solutions for various businesses. With over 20 years of experience in providing Tally services, Antraweb offers integration, customization, mobile apps, add-ons, and comprehensive support. Organizations looking to enhance their business operations can benefit from implementing Tally ERP 9 and can access it through the official website.