Tally to sell ERP product on IBM platform

Tally, India’s first successful software product company can now sell the latest version of its ERP software ERP 9 Gold, on IBM’s Smart Business platform.

As per an agreement between the companies, the partnership will target the mid-market in India by combining Tally’s strength in the ERP market for small and mid-sized companies with IBM’s reach and strength. The combined solution would be 10 times more cost effective for the customer, according to an official communique. “IBM is excited to add this solution to our smart business portfolio. This could be a significant driver of IBM’s mid-market solutions business,” said Shankar Annaswamy, regional general manager, India / South Asia.

IBM will deliver the solution to the customers in India with all necessary hardware, software and services. Available at a starting price of less than Rs 5 lakh, the solution can provide the fundamental capabilities needed to run a small or medium business including PBX, email, calendaring and instant messaging.

Tally gets over 100,000 licences a year for its ERP 9 product which is primarily targeted at the mid-market segment. ERP 9 provides accounting, finance, inventory management, remote access, statutory compliance capabilities, integrated support centre and security management.

Customers who choose Tally.ERP 9 on Smart Business platform will enjoy benefits such as faster implementation, simplified administration, automatic problem reporting and updates. Besides, IBM will be responsible for services centering around any technical issues.

“Tally introduced Tally.ERP 9 because companies need a powerful ERP solution that can grow with them and doesn’t require expensive outlays of funds and IT staffing,” said Bharat Goenka, CEO of Tally.

“Tally ERP on the IBM Smart Business platform is a perfect fit for small and medium businesses and an important step to bring business intelligence and powerful solutions at an affordable price,” he added.

According to a recent global study released by IBM, even in the tough economic conditions like this, over 50 per cent of Indian mid-market business decision makers expect their IT budget to increase in 2009 versus last year.