Tally | |
Company type | Private |
Industry | |
Founded | 1986 | as Peutronics Financial Accountant
Founders | |
Headquarters | , India |
Area served | Worldwide |
Key people | Tejas Goenka (Managing Director) Sheela Goenka (Chairperson) Nupur Goenka (Executive Director) Amrish Kumar Jain (CIO) Jayati Singh (CMO) Naganagouda S J (CPO) Vikash Agarwal (CTO) |
Products | TallyPrime TSS (Tally Software Service) Tally.ERP 9 Tally.Server 9 Tally.Developer 9 Shoper 9 |
Website | tallysolutions |
Tally Solutions is an Indian multinational technology company that provides enterprise resource planning software. It is headquartered in Bangalore. [1] The companie's motto is Power of Simplicity.
Tally Solutions was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka [2] after the family's cotton business was destroyed by fire. [3] [4] It began as Peutronics Financial Accountant, an accounting software application. [5] [3] The company was incorporated in 1991 and was renamed Tally Solutions in 1999. [6] [7] [8]
Shyam Sundar Goenka was running a company that supplied raw materials and machine parts to plants and textile mills in southern and eastern India. Unable to find software that could manage his books of accounts, he asked his son, Bharat Goenka, 23, a Maths graduate [7] to create a software application that would handle financial accounts for his business. [9] The first version of the accounting software was launched as an MS-DOS application. It had only basic accounting functions, and was named Peutronics Financial Accountant.[ citation needed ]
Tally Solutions sells enterprise resource software and business management software to SMEs (small and medium-sized business enterprises). The company's flagship product, Tally.ERP 9, was replaced by TallyPrime in 2020. [19] In 2022, they worked with more than 28,000 partners. [1] Tally Solutions has collaborated with Amazon Web Services to make TallyPrime available on the AWS. [20] It was launched in December 2021. [21] Products also include Shoper 9, which is a retail management software.
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