What is TALLY ERP?
Tallyprime
is an enterprise resource planning (ERP)
software developed by TALLY Solutions Pvt Ltd, based in Bangalore, Karnataka,
India. Tally ERP 9 software serves millions of users around the world.
TALLY ERP is a business resource planning (BRP) system that
helps its customers to build, manage and integrate strategic projects. The ERP
system provides comprehensive solutions to business issues such as project
planning, business analysis, customer relationship management (CRM), financial
management, and manufacturing planning. It can also be used as a workflow
management solution.
Tallyprime
has two different modules: Project Management and Business Analysis module. The
Business Analysis module provides business information such as sales forecasts,
financial modeling, manufacturing information, and other pertinent business
metrics.
Financial modeling module enables financial managers to perform
financial transactions such as purchase orders, inventories, purchases, sales
and cash flow in real-time. It also makes use of customized finance functions
such as market data, asset management, and credit and debit bookkeeping
functions. Financial modeling also includes mathematical modeling and software
applications. The financial management module includes features such as cash flow,
accounts receivable, accounts payable, balance sheet, cash distribution, sales
forecast, inventory control and other financial information, and it manages
accounts receivable accounts payable, accounts receivables, and accounts
payable. The inventory control module keeps track of the inventory levels,
stock, and sales reports.
TALLY ERP also provides Business Intelligence (BI) capabilities
to help businesses manage customer relationships. The Business Intelligence
module integrates with the ERP to provide comprehensive reports that can be
accessed by the business via a centralized portal. Businesses can generate
custom reports for key performance indicators, customer surveys, and customer
history reports. Businesses can also create an in-depth report on customer
satisfaction, or they can create summary reports. on various customer segments.
Tallyprime
software is a highly customizable system. It can be installed on servers of a
wide variety of operating systems. It can also be hosted by a company with a
limited number of software licenses.
TALLY ERP is considered to be a flexible ERP system because it
supports both client-server and cloud-based services. In the cloud-based
services, users can access the database from the browser or web-based
application. TALLY also has integrated support for several applications such as
Lotus Domino, Microsoft Outlook Express, and Lotus Symphony. The cloud-based
services are highly reliable, secure, and scalable.
The server architecture is based on two principal components. The
first is the Business Management Server (BMS). The second component is the
Business Analysis Server (BA Server). The BMS has been designed to integrate
with an ERP for easy integration and configuration. The Business Management
Server (BMS) uses a common set of SQL language as well as external data source
such as Microsoft Dynamics GP, MS Access, Oracle, and IBM Lotus Notes.
For a comprehensive and cost-effective ERP system, TALLY ERP is
recommended. It can be tailored to meet your specific business needs.
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