Tally ERP9 offers APIs for integration into any BI tool. BI or Business Intelligence is software that helps the user to analyze, retrieve, transform and report data. When reading data from the warehouse or where it was previously stored, it converts it into actionable information.
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At a time when humans are using technology to overcome business challenges and outpace their competitors, a BI tool is a blessing. The well-known Tally ERP 9 software, which governed each company’s account area, can now be enhanced with a BI tool. This provides a predictive analysis when reading historical data from the transaction account.
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Today, BI tools have not only broadened the horizon of accounting possibilities but have also enabled counting users to generate custom reports that would not have been possible with counting. To explore the reports in different formats, this technology is the ideal solution.
Let’s see how the integration of both systems can help in the generation of detailed reports. It facilitates data access: with the integration of Tally and BI, all data stored in the warehouse or tally account can be easily transferred to the BI platform, which includes inventory records, checklists, financial transactions and more. Therefore, counters do not have to return to the oldest files and search for data. It is easily accessible from the new platform. By using all this data, detailed reports can be created quickly without wasting time and energy.
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It includes features that provide customized results: Because a BI tool contains several useful and relevant features, Tally ERP 9 easily meets all business requirements in the form of reporting. Whether it’s KPIs, consolidated data views, custom filters and fields, comparative weather reports or anything else, Tally and BI have an analytics and reporting solution for every need in data.
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Invalidate erroneous data: the best report is the one that contains no errors. When the data import process is in progress, the decision support tool thoroughly checks for errors to prevent the entry of incorrect or invalid data into the system. In the event of hardware failure or downtime, or application failure, the BI tool plays a role in invalidating erroneous data. This mechanism helps to generate accurate reports and helps in Finance.
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In the age of technology, a company must follow the evolution of the technological scenario and update its methods of operation to beat the competition. BI speeds up Tally reporting. With just a few clicks, an automatically generated custom report containing all the numbers you need to know will be presented. If you’re an entrepreneur who wants to increase the productivity of your employees, integrate your Tally ERP 9 into a state-of-the-art business intelligence tool. This will help you with automatic and accurate reports, and you can use the time pipeline gained for other key tasks.
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