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A small sampling of potential applications of Tally's collaborative technology are:
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A company making a purchase order can automatically transmit this electronically to the supplier, where it transforms into a Sales Order. Similarly, when the supply is made, the corresponding Sales Invoice it transmits becomes a purchase invoice for the buyer. A completely paperless, yet, authenticated collaborative environment gets created, fulfilling legal and traditional requirements. This can dramatically improve co-ordination of operations because of the rapid integration of information across the organization. |
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A company with multiple branches, could synchronize their data and get all or selective information available at all points at any time. |
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Companies could connect to their bank and update their accounts online into Tally. They can do true real-time banking, like doing an entry that becomes a payment voucher for the firms' accounting system in Tally, which also acts as payment instructions for their banks, and can then be used to do reconciliation of their accounts with the bank's records. All with a single entry in a single interface. |
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Tally will also help you to publish your financial statements and data on the Internet. |
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