Tally is a well known product for accounting software. But when it comes in ERP there are few pros and cons, which you must know. After an effective application of Tally 9, there were still a few problems that were experienced. User conflicts due to multi-users of the system were thought to be permanent.
The major disadvantage of Tally ERP is- it starts from accounting whereas business starts from sales. Even tally has faced so many problems to launch Tally ERP. They want to give same flexibility in their ERP like Tally accounting software, because Tally existing customers have the same expectations.
TDS calculation has become simpler in Tally ERP it can be done with great ease. The overall data for the same is generated in the software system, and updates the bank account and is included in the report generation. This single feature makes it extremely good. The installation process of Tally ERP has been made easy as compared to other ERPs available in the market. Once installed it lets tones of information accessible throughout the day. It also provides incremental implementation which allows many functions to be run at the same time from even different locations. The problem with the EVAT computations with the vast collection of files into a quick and easy step preparation is possible without any ignore. Payment of water, electricity, telephone bills and other bills from any location and generating business report or stock status is made easier.
Moreover, this software enables powerful remote capabilities that enhance collaboration. It has enabled finding qualified personnel. Customization in this software is easy and faster. Great support, good brand, faster implementation and Tally integrator has made the software reduce cost of ownership, hence better equipped to be used in businesses. It is highly recommended a trail for any business needs. Also for those who want to experience the most easy and convenient way of keeping the business data on complete cycle, all key reports, cash, receivable, and month end bank reconciliation, from human resources information to each performance report, all is traceable in fast effective step. Forecasting and predicting future business performance is also possible.
Tally ERP is good to buy for small and medium size organization. But if your organization is based on process manufacturing, discrete manufacturing or any other process which Tally may not support, you should think twice before buying it. Take proper consultation before finalizing ERP for your organization.