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INDEX o Company Profile o Projects o Indian Small & Medium Enterprises o Findings o Recommendations
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Company Profile TCS is an Indian multinational IT services, business solutions and consulting company headquartered in Mumbai. Operates in 46 countries and has 199 branches across the world Largest India-based IT services company TCS iON offers a Cloud based Erp Solution for Small and Medium Enterprises It integrates hardware, network, software and services
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Projects To Develop Content for the Reference Book To compare iON with the Competition(Manufacturing) To find out the Tally Practices
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Indian Small & Medium Enterprises Its drawing everyone’s attention Growing consistently Fostering Innovation Restructuring Economies 45% Share of the Manufacturing Output 40% of the Total Export
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Growth of 8% compared to the Last decade 30 million SMEs 8000 Different Products Employs more than 27 million people They are Reshaping Realigning And Recreating the Idea of INDIA
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Reference Book The objective of creating this Reference book is to entice the customer to buy the book The idea is to generate interest in the minds of the customer
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This will enable the Customer to Understand more about our Product Offerings Brand Equity plays a vital role The objective is to separate the wheat from the chaff Interested Customers would be Our Leads E-Book option
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Tally Practices
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TALLY-'Power of Simplicity' Headquartered in Bangalore Sells to more than 90 countries Tally was the first to introduce codeless software First to launch free service 2 million business users Network of over 25,000 experienced Tally Partners
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Products and Services Tally Solutions offer four products: Tally.ERP 9 It has grown from a basic accounting software package into a simple-yet- sophisticated business management software product. Tally.Developer 9 The language used to build Tally.ERP 9 is called TDL - Tally Definition Language, briefly touched upon in Internal Architecture & Design. Shoper 9 Retail/point-of-sale (POS) business management. Tally.Server 9 It is a powerful data server that will redefine the efficiency of medium and large businesses
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Findings Mainly used for vouchers, financial statements, and taxation. It is known for its Financial Accounting s/w and thats how it got recognition Mainly on-premises based s/w. Reports are made on excel/pdf format Excel in Statutory Reports Implementation Time Taken is very less(Less than a month)
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Tally ERP on Mobile(Android, Apple, Blackberry)-widely used. (100,000 – 500,000 Users of Tally 2 Mobile Android App) (10,000 – 50,000 Users of Juno - Tally On Mobile Android app) ∙ There is no ''Upload Transaction'' option ∙ Tally users Boastful about their Customization(as per the customer's requirements on their site)
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Continued... Satisfaction level of the Service is moderate-to-good Some of the Reports are too slow. [E.g. Inventory(Multi-user)] Changes after generating the report are possible Bill no. is not seen in the Statutory reports Data Corruption problems(Radcoflex India Pvt Ltd)
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SWOT Analysis Strengths ∙ Known to the market as Accounting s/w, Gradually proceeding as an ERP Solution Provider. ∙ Easy Implementation. ∙ Low Price ∙ Over 25,000 Partners ∙ Wide Distribution and Sales Network ∙ Customization(made as per customer's needs) ∙ Own Language(TDL) ∙ Barriers of market entry ∙ Various Solutions designed for specific Micro- verticals Weaknesses ∙ Less Transparency ∙ Data Corruption issues ∙ Other modules not as good as Accounting ∙ Only Windows OS is supported ∙ No Industry wise Solution available ∙ Inefficient for larger firms Opportunities ∙ To focus on modules other than Accounting ∙ To develop new product offerings for Larger firms Threats ∙ Lot of pirated versions available ∙ Strong Competition
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What iON offers Brand Equity Trustworthiness Complete ownership of the Solutions High level Data Security Pay-as-you-use model
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ERP Players in the Market SAP iON Tally Erp Marg Small & Medium Enterprises Netsuite Oracle Ramco Microsoft
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Recommendations Market Development Strategy
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Co-Branding concept (ERP with a Bank) Modules in manufacturing/Lighter Version Should be introduced to more verticals Huge Market Size
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Thank You
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