With the advent of digital technology, the way of doing business has changed over the years. Manual accounting has made way for the accounting software like Tally. Excel spreadsheets have been replaced by smart BI tools. Business Intelligence, or BI, refers to any software, technology or application that helps to analyze data and deliver key business insights which can help users to make informed decisions.
For any small and medium sized enterprise (SME), cost is a primary factor in most business decisions. SMEs aim for maximum productivity at minimal cost. BI tools have been proven to save time, increase productivity, reduce costs, and identify new revenue opportunities. In today’s business environment, data analysis is not limited to only providing the findings. Companies also expect market predictions based on the data findings. BI reporting tools integrated with Tally software can provide such predictive analysis.
Tally is a complete accounting, inventory, taxation and payroll software. The software helps to keep the account books clear by maintaining masters, ledgers, and reports. It keeps track of all financial transactions and stock records. But when it comes to creating sales reports or expenditure reports, Tally is time consuming. To achieve maximum productivity and smooth work flow in a company, a BI tool with complete Tally integration is more beneficial. Data can be imported seamlessly into the BI platform and users can create quick and accurate reports. The BI software collates data from multiple sources, analyze the data, and make reports – all through an automated process.
EasyReports is a leading BI tool in the market that offers scalable, flexible and affordable reporting solutions for small and medium sized businesses. The software is completely integrated with Tally ERP.9, SAP B1, NAV Reports and MIS programs. Users can do pivot style reporting for quick analysis of their data. Monthly, quarterly and time comparative reports can be made with top, bottom, ranking and contribution analysis. Drag and drop functionality is available for quick report customization. Users can also save and retrieve layouts and reports for later use.
A BI tool with Tally integration can help users to clearly see, sort and analyze sales and pricing information, as well as inventory levels, payables, and receivables. They get an overall snapshot of finance, sales, and inventory over dynamic periods. The insight gained from these reports can enable business owners to make informed decisions. Tally integrated BI allows SMEs to take the big leap and compete with larger corporate.
EasyReports Tally Integration feature
EasyReports provides seamless connectivity to Tally ERP.9 with the ability to directly import data from Tally servers. The BI tool can import data for any company in Tally without having to manually export the files. It also provides file import options for remote data import from branch offices and non-integrated networks.
EasyReports Tally-integrated BI has a built in scheduler which allows users to schedule import of masters, transactions and stock at pre-defined intervals. The current Tally architecture requires that companies are loaded in Tally before import of data can happen. EasyReports BI ensures that the companies selected or scheduled for import are available in Tally so that there are no errors in import.
The data import process is armored through an elaborate error checking mechanism to prevent any invalid data from being imported or any inadvertent changes taking place. In case of unexpected errors or shutdowns of the physical hardware or application, EasyReports employs a self-recovery mechanism to invalidate the erroneous data.
To know more about the Tally integrated BI solution provided by EasyReports, log on to https://www.easyreports.in/