All of us are aware of the importance of Tally.ERP9. We also know the crucial role it is playing when it comes to inventory management, stock ageing and accounting. However, generating reports from Tally manually consumes huge man hour affecting productivity directly. Life would have been much easier if Tally could have generated reports automatically based on the user/ admin inputs. Hence, it has become important to manage the report automation in Tally, as this feature can be used to the benefit of the organization if configured properly. Proper report automation helps the business owner get an overview of the health of the business on time. This in turn helps the organization become agile leading to rapid growth. Exceptions get noticed by the top management and proper damage control actions within due time can be taken care thereafter.
What is a Report Automation in Tally?
After a business intelligence tool is integrated with Tally.ERP9, it is possible to generate reports automatically and this procedure is known as Report Automation.
The main advantages of report automation are –
- Optimum Utilisation of Time –
In this era of steep competition, one’s success is dependent on how efficiently he/she is managing the time. Hence, there is no need to say that with report automation in Tally, you will be able to save your bandwidth which can be more wisely used otherwise in managing critical tasks.
Without a report-automation, you would not be able to get the report on time, based on the prerequisites. On the other hand, when you are automating your report with a business intelligence suite like EasyReports, your report gets generated after an automatic data fetching from Tally. The BI (Business Intelligence) engine of EasyReports the analyses the data fetched by slicing and dicing it from different dimensions as per the need of the organization. This automation therefore, saves all those valuable man-hours for a better utilization.
- Optimum Resource Engagement & Less Error because of no manual intervention –
With the help of a business intelligence tool like EasyReports which is seamlessly integrated with Tally.ERP 9 (even on a real time basis as per the demand of the business), you will get fast and error free reports from data residing in Tally. Manually generating reports not only consumes a huge valuable bandwidth of the accountants and other important resources of the organization but also are prone to be faulty at times. Also it is a serious headache either to download all required data from Tally or collate necessary data from other sources and then analyze it to make it meaningful. Data collection and then data sanitization consumes much more time manually that can be avoided easily through Report Automation.
Report automation eliminates the scope of human errors and simultaneously it provides us with a seamless experience in generating flawless reports based on the given parameters as per scheduled time.
- Seamless Sharing and Communication –
While you are generating reports automatically from Tally.ERP9 with the help of a BI tool like EasyReports, you can pre-schedule what reports need to be generated at what time and also configure the email ids of the persons in the system to whom these reports need to be shared/ send. Report scheduler module of EasyReports also maintains a log as which reports have been sent successfully and which are not.
Therefore, it is quite evident that once Tally reports are automated with the help of a business intelligence tool like EasyReports, you will be able to make decisions not only quickly but also will be able to ensure an optimum ROI and a rapid growth for your organization.