Tally launches Tally Xcelerator for SMEs, focussing on their growth and development

Tally Solutions, the country’s premier business software provider has launched a one-of-a kind program called Tally Xcelerator (TX) to offer consultancy services to small and medium businesses, with an aim to empower SMEs and facilitate their growth. The event was held in Bangalore today, and was attended by partners, influencers and customers. Under this program, Tally appointed partners called Tally Xcelerators will extend business advisory services playing the role of a coach, mentor and trainer toall of Tally’s partners and small businesses across the country.The program aims to help SMEs realize their trade and investment opportunities and become competitive in both the domestic and global market.

The revolutionary tax reform that has been introduced, as well as focus on digitization are promoting entrepreneurship opportunities resulting in a truly competitive business environment. In order to stay ahead of the competition and get onto the path of sustainable growth, it is imperative for small and emerging businesses to have a guiding light on macro aspects of business which are related to growth and development. Large enterprises and MNCs are inundated with such offerings and are backed by equally strong consulting companies, however there is an abject dearth of similar services for SMEs. With this understanding and insight into the future challenges business may face, the Pan-India program was founded.

On the occasion, Mr. Joyce Ray, India Business Head, Tally Solutions Pvt. Ltd said “We have been working very closely with more than 1 million SMEs for over 3 decades and understand their growth opportunities and challenge areas. Over a period of time we have figured that there is a considerable dearth of initiatives taken to support the small businesses in our country in terms of their growth and development. Through the TX program, our aim is to upscale and upskill these businesses which will eventually contribute towards the development of the country’s economy. We want to promote overall SME development in the nation by promoting entrepreneurship, fostering individual entrepreneurial capabilities, building institutional capacity, and encourage employment creating investment. We will equip our partners to act as pillars of guidance and support to the developing SME community in the country.”

Currently, there are TX partners mapped for every state, ensuring businesses from across the country have easy access to the partners. Each of these partners brings with them a wealth of experience in SME focussed roles and are now going to embark on a new journey and impart the guidance and learnings to the emerging businesses.

Mr. S.K. Nagachandra, Director – ACE, Tally Xcelerator for Karnataka said “Tally has taken a great initiative by launching the Tally Xcelerator program and we are happy to be associated with them for the development of the SME community in the country. There are very few companies who dedicate themselves to the holistic development of SMEs and Tally has taken this initiative very seriously, which will lead to a significant boost in morale in the economy. Mr. SivaramRajangam, Director – Skill Plan Consulting LLP, Tally Xcelerator for Bangalore added, “SMEs are a group with immense potential and are key drivers of the economy. To have been selected as one of the partners in the country for this program is a proud moment for us and we are committed to being growth accelerators for small and medium businesses.”

Under the program, TX partners will impart advisory services and/or basic services to the businesses at a nominal cost. Advisory services include mentoring and coaching, easy access to finance, improved organisational culture, and industry best practices to improve growth and productivity. On the other hand, basic services include resource management, training, assessments etc.