Over 1 million SMEs in Maharashtra will be digitized by Tally Solutions to accelerate their growth

For over 35 years, Tally Solutions has been providing business management software for Small and Medium Enterprises (SMEs). With a continued focus to support SMEs effortlessly adopt technology to manage and grow their business, the company aims to digitize over 1 million businesses in Maharashtra over the next few years.

Over 2 million businesses are currently using Tally, and Maharashtra contributes more than 20% of this customer base. Pune alone constitutes to over 60,000 customers where Tally is the preferred choice of several automobile giants in Pune like Mahindra & Mahindra, Piaggio Vehicle, Apar Industries, Kirloskar Oil Engine Limited etc.

The automobile industry in Pune has been greatly affected by disruptions in manufacturing over the past two years. Even industries like IT, electricals, and agriculture saw a decline in operations, severely impacting SMEs, which directly and indirectly cater to the demand generated. The solution was to adopt technology to ensure new and hybrid ways of collaborating across segments. According to the latest GST revenue collection data for April’22, business operations are improving across the state, with Maharashtra contributing a staggering INR 27,500 crore to the total INR 1.68 lakh crore in GST revenues.

To help small and medium businesses better adapt to digitization of business operations, Tally conducts several segment-specific engagements in the region that are focused and relevant on their needs. These events have helped entrepreneurs understand the requirement of day-to-day business operation and need of technology to bring in more efficiency, cost saving, better customer experience, data security etc. The company has also been regularly updating its marque product TallyPrime to suit the unique and ever evolving requirement of SMEs and to help them remain compliant.

Emphasizing on Tally’s focus in Pune Mr. Samir Dixit, General Manager—West, Tally Solutions Pvt Ltd said, “Pune is one of our key priority markets and several steps are being taken to assist the industries in this region. With a focus to bring the power of technology and assist more SMEs in their journey towards automation, we are working on providing them delightful experiences with newer product updates and features. With a deep understanding of the needs of small and medium businesses, we are continually updating our products to assist business owners, professionals, and chartered accountants. We recently collaborated with AWS to launch TallyPrime powered by AWS which will help SMEs get access to a more secure infrastructure and allow anytime access to their data on our current flagship product TallyPrime.”

Talking about the need of technology to stay compliant, Mr. Dixit further adds, “The advent of GST has also changed the way businesses operate and comply, which makes it imperative for all businesses big and small to adopt to reliable technology which can help them keep pace with the changing compliance landscape. Having assisted the country with two tax regime changes and being a pioneer in assisting SMEs digitize their business needs, we are continually bringing in shifts in technology which are relevant, simple to adopt and help businesses remain compliant. TallyPrime is fully compliant with GST norms and enables businesses generate e-invoicing and e-way bill easily from within the software.”

TallyPrime’s latest version provides the capability to create digital invoices with seamless integration of digital signatures to ensure the authenticity, integrity, and non-repudiation of signed documents transmitted to counterparties. Built on a strong technology foundation, the product is a simple, flexible, and reliable business management software assisting entrepreneurs with all their operational needs. The company has been instrumental in helping businesses sustain with much-needed change by transitioning many to the digital ways of working and maintaining business continuity.

Tally, an in-house technology company, aligns with the tenets of Atmanirbhar Bharat, or self-reliant India. As a technology-first company, it has established itself as the voice of MSMEs by demonstrating its continuous support to ensure business continuity and growth across Tier 1, 2 & 3 markets through technology enablement and guidance.