Tally.ERP 9

Pros

• Large collection of tools, reports and financial databases that can assist your enterprise
• Allows for report work so that employees can easily access the system
• A completely free program that is able to support enterprises

Cons

• Made specifically for knowledgeable staff members and not newcomers
• The program's interface is boring and minimalistic

Tally.ERP 9 is a free accounting and Enterprise Resource Planning, or ERP, software that helps build businesses. Despite being free, this has many strong features that are best suited for knowledgeable users. Not only that, but the program is surprisingly adaptable and versatile. Accounting companies, business developers and enterprise employees may find this program to be incredibly helpful.

Major Features

Tally is primarily an accounting tool that makes it much simpler, and much more affordable, to run your financial department. This program makes it simple for workers to enter numbers and keep track of both payments and expenditures. It can perform large business transfers while also running reports to help you see how your business is doing.

While accounting is its main function, it does much more to help you out. It can also browse recent stock reports, analyze revenue, create financial models and allows you to take control of your business finances. Most enterprise-level programs with these features cost a significant amount of money, but Tally is completely free.

Reports

Enterprises need reports. Not only is there a lot going on between all the different services, products, employees and financial changes, but there are also many people to communicate with and be accountable to. Reports give you hard data that is essential for either making decisions or justifying actions.

The good news is that Tally is very strong when it comes to reporting and analyzing data. There are a variety of reports that it can print out, and you can even customize reports based on your needs. It can even analyze the data and come up with financial forecasts to help you decide on the direction of your business.

You can choose to print these reports, email them to others and various other export options.

Remote Work

Tally allows for remote work. This is important for multiple reasons. The first is that it allows authorized users to easily access the program. This keeps out unauthorized users while ensuring that employees can get to work without having to jump through many hoops.

The other good thing is that, despite being a free program, dozens or hundreds of employees can access Tally to add financial information, generate reports and more. This ensures that your business can keep running and that all financial information and accounted for.

Needs Knowledgeable Staff

Most free programs have at least one major disadvantage. Usually it's a lack of power or features, but that's not the case with Tally. The problem with Tally is that it's made specifically for knowledgeable staff. Most other premium enterprise financial programs make it easier for new users to acclimate. Tally requires that you already know all the financial technical terms in order to make use of the program.

While this is a disadvantage, the truth is that an enterprise-level employee should be highly knowledgeable of the terms and tools. There might be a bit of a slow start as you learn the program, but knowledgeable workers should acclimate quickly enough.

Pros

• Large collection of tools, reports and financial databases that can assist your enterprise
• Allows for report work so that employees can easily access the system
• A completely free program that is able to support enterprises

Cons

• Made specifically for knowledgeable staff members and not newcomers
• The program's interface is boring and minimalistic