TallyPrime 5.0 launched: Tally targets 30-40% growth with new API-driven compliance system

Tally Solutions has unveiled TallyPrime 5.0, its latest innovation aimed at revolutionizing the MSME sector’s compliance processes. This advanced version of Tally’s business management software integrates API-driven tax filing and a new ‘Connected GST’ feature, allowing seamless online GST operations directly within the software.

TallyPrime 5.0 introduces enhanced multi-lingual capabilities, supporting Arabic and Bangla, to cater to growing markets in the Middle East and Bangladesh. The software’s new features include direct GST portal connectivity, e-invoicing, and WhatsApp integration. Tally aims to increase its user base by 50% in three years and achieve a CAGR of 30-40%.

In Siliguri, Tally Solutions has already supported over 10,000 local businesses in digitizing their operations, contributing significantly to the region’s economic vibrancy. With the new software, businesses can expect to streamline GST filing, potentially saving 60%-70% of their time. This launch is set to strengthen Tally’s presence in the region, providing MSMEs with a crucial tool for growth and efficiency.