Tally Solutions Pvt Ltd has launched TallyPrime 5.0 for MSMEs. TallyPrime 5.0 provides a simple, secure, and reliable solution and allows online operation for GSTR1, GSTR2A, GSTR2B, GSTR3B and CMP-08. It enhances business management with new features and builds on existing ones like e-invoice generation, user-friendly dashboards, WhatsApp integration, and Excel imports. This new launch is in line with Tally’s mission to connect businesses with their ecosystem and elevate user experience. The latest release is free for all active TSS subscribers.
With this new launch and other product pipeline initiatives, Tally is aiming to expand its current user base of 2.5 million+ by 50% over the next 3 years, while eyeing a CAGR growth of 30-40%. Sharing his views, Tejas Goenka, Managing Director, Tally Solutions said, “We’re continuously innovating our technology to help simplify business operations for MSMEs. Our latest release is designed to make GST filing simpler and hassle-free for Indian businesses. Currently, only a small portion of businesses use API-based filing, but we’re aiming to change that. With this latest launch, our focus is to consolidate the end-to-end GST filing journey of MSMEs, enabling them to save 60%-70% of their time. This release will also give a real-time status of their suppliers’ GST, safeguarding their ITC.”
The company has over 2.5 million customer licenses activated worldwide, it caters to more than 7 million users across industries in over 100 countries.