Hyderabad, June 22 : Tally Solutions, India’s leading business management software provider, has announced the launch of TallyPrime 3.0.
Priced at Rs 18,000 plus GST, this latest version software comes with a completely revamped GST solution, significant improvements in the reporting capability, and better capabilities to help businesses collect outstanding dues faster, said Bhuwan Ranjan, General Manager – South Zone, Tally Solutions Pvt. Ltd, on the occasion on Wednesday.
Tally Solutions hopes this release will be a stepping stone to double its revenue and take its customer base from 2.3 to 3.5 million customers in the next 2-years, he said .
” Telangana is one of the most dynamic state of India and home to over 26 Lakh MSMEs with key business across categories including IT /ITES, Pharmaceuticals, Food Processing, Textile, Handicrafts amongst others, he said nearly 1.5 lakh GSTN base in Hyderabad alone and 6 lakh in across Telangana. We are enjoying close to 70 percent market share. ”
Digitization is one of the key pre-requisite for MSMEs to grow and scale and Tally Solutions has been working closely with MSME’s in Hyderabad, overall in Telangana to address this gap. The company will continue to host sensitization sessions independently and in collaboration with industry bodies to help MSMEs address their challenges and adopt automation, he said.
Ranjan said “Since the start of the GST journey 6 years ago, we have seen many changes by the government both to simplify and tighten the compliance system. Keeping this constant change in mind, we have completely revamped our GST experience to make it tremendously flexible for businesses to remain compliant with confidence. We have also taken our reporting system and introduced the ability to create unlimited custom reports with simple to use search and save capabilities. We are committed to bringing solutions to our customers that they can truly use and grow with.”
With the multi-GSTIN capability, TallyPrime 3.0 users will be able to manage multiple GSTIN data in a single Tally Company giving tremendous flexibility to the customers to maintain their business data centrally using a single company with ease and efficiency, he claimed.
The new release ensures trailblazing speed while generating GST returns and reconciliation of GSTR 1, 2A and 3B in a much more seamless manner. It offers a digital payment request feature, enabling businesses to enhance operations and scalability. Businesses can generate and embed payment links or QR codes into their invoices or other reports, he informed.
Customers can make the payment through various preferred modes like domestic and international debit and credit cards, EMIs, Pay Later, Net banking, UPI and mobile wallets thereby significantly increasing the speed of money movement and easing out cash flow problems for the business owners. Tally has collaborated with PayU and Razorpay as payment gateway partners, he said.
The already powerful reporting system of TallyPrime has been powered even more with the all-new reports filters that come with a simplified one-click experience to filter data in reports, making it easier to manage the business. The product also includes several other powerful capabilities such as a new user experience with the powerful Go To, connected capabilities allowing the generation of e-way bills and e-invoices from within the product, and a more adaptable reporting experience with Change View, Basis of Values, Exception reports, and Save View. TallyPrime 3.0 assures experience with greater simplicity and efficiency. The new version is free for users with an active TSS subscription, he added.
With over 2 million customer licenses activated worldwide, it caters to more than 7 million users across industries in over 100 countries. The brand has one of the largest partner ecosystems in the country with more than 28,000 partners associated with the company directly to provide a seamless and delightful customer experience.
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