Several organizations today are suffering from employee dissatisfaction and high churn rate due to grunt work. Highly skilled and qualified employees cannot stay happy doing menial or repetitive work, and cumbersome tasks. One such area of work is managing bookkeeping with Tally. Tally is popular accounting software and Tally ERP is used for all accounting tasks such as accounting, payroll, billing, sales and profit analysis, taxation, auditing banking inventory, etc. Tally professionals work on basic bookkeeping and accounting functions, make data entries, generate daily work reports, create GST reports, pay taxes, make receivable and payable statements, and bank reconciliation statements. A majority of these tasks fall into the grunt work category and RPA solutions can be leveraged for Tally Automation by getting rid of mundane and repetitive Tally tasks.
The following are some RPA use cases for automation in Tally.
Automating sales, inventory, and purchase through Tally Automation
According to Gartner, 80% of financial leaders have used RPA solutions or plan to do so to improve their overall efficiency and productivity.
RPATech is a highly acclaimed provider of automation solutions, streamlining multiple areas of business with its best-in-class RPA solutions. With RPATech’s versatile and customized tally automation services, companies can perform a number of tally automation tasks right from extracting desired fields from invoice, PDF extraction, saving data to excel sheet, exporting data from Excel sheet to Tally or other accounting app and filling up the requisite information to generate shipping labels.
In addition, RPATech can help automate the cumbersome and time-consuming task of reporting. Generate reports that help you analyze sales performance, track progress and pipeline at every stage.
Last but not least, data from bank statement PDFs can be extracted and copied over to the desired software or format. With RPATech’s custom RPA services, users can either create micro automation for each task or single macro automation for the full tally cycle so that accounting professionals don’t have to spend their entire day typing in details manually.
Benefits of Tally Automation
1. Data accuracy
Entering data into Tally manually can not only be frustrating but lead to manual errors which can be expensive for the organization. Automating data entry is a sure shot way to guarantee consistent and reliable data at all times.
3. Fast and reliable
Automating tally tasks and workflows leads to completing hours’ worth of work within a span of minutes. Speed is a vital factor for businesses to succeed in today’s competitive landscape and automation helps organizations achieve this velocity.
Employee productivity comes at a very high cost. By freeing up valuable employee time, businesses benefit from several efficiencies and productivity gains.
5. Employee satisfaction
Contrary to popular belief, RPA improves employee satisfaction and helps employees to focus on core tasks or areas where they can learn and grow. A survey by Salesforce shows that automation solutions improve employee productivity and happiness. 47% percent users have said that automation solutions mean less menial work in their day to day.
As an organization begins to scale up, there are many factors that contribute to its success. Motivated employees, a highly productive workforce, accuracy in routine business processes, and the ability to make the right decisions based on reporting and analytics, all factor in this journey. By implementing RPA solutions for routine and mundane business processes, a company can scale faster, stay ahead of the competition, and get a better ROI.