Tally Solutions, in collaboration with Kotak Mahindra Bank and Axis Bank, has launched “Connected Banking,” aiming to simplify banking for SMEs through seamless integration with accounting software.
Tally Solutions, an Indian business automation software provider based in Bengaluru, has introduced a new service, “Connected Banking,” in collaboration with Kotak Mahindra Bank and Axis Bank. This initiative aims to empower small and medium-sized enterprises (SMEs) by offering seamless integration of banking services within Tally’s accounting software platform.
The initiative marks a significant step in digitizing SME operations, allowing businesses to manage their banking activities, such as payments, receipts, and reconciliations, directly through the Tally platform. This move is expected to enhance financial efficiency, reduce manual errors, and streamline financial management for SMEs.
Tally Solutions is a well-known name in the Indian software industry, specializing in business management and accounting solutions. The company’s software tools are widely used by enterprises to manage their finances, inventory, payroll, and taxation. With this partnership, Tally aims to further expand its services and offer enhanced banking solutions to Indian SMEs, who form a vital part of the country’s economic engine.