Tally Solutions Targets Robust Growth in Customer Base and CAGR Over the Coming Years

Tally Solutions Targets Robust Growth in Customer Base and CAGR Over the Coming Years

By Staff Writer, 03 January 2024

Vikas Panchal, General Manager - MENA, Tally Solutions

In a recent announcement, Tally Solutions, a prominent name in the business management software industry, unveiled ambitious growth targets.

A senior executive revealed plans to achieve a staggering 50% expansion in its customer base and a 40% Compound Annual Growth Rate (CAGR) within the next 2-3 years.

Strengthening SME Support in the UAE

Tally Solutions has been making significant strides in bolstering the Small and Medium-sized Enterprises (SMEs) sector in the United Arab Emirates (UAE).

The company has rolled out a series of initiatives tailored to assist SMEs. Vikas Panchal, General Manager - MENA at Tally Solutions, highlighted their commitment to empowering SMEs through knowledge-sharing endeavors.

"We consistently organize informative sessions led by industry experts, focusing on pivotal topics such as corporate tax regulations. These sessions are designed to keep SMEs abreast of essential updates," Panchal told Khaleej Times.

Recognizing the unique challenges faced by SMEs without dedicated resources, Tally Solutions also conducts specialized sessions.

These aim to guide SMEs through intricate tax frameworks and ensure compliance with evolving regulatory standards.

Additionally, Tally collaborates with esteemed institutions like the ICAI, Taxation Society, and community associations, amplifying its outreach and delivering invaluable support to a wider SME audience.

Decade-long Presence in GCC

With a decade-long footprint in the Gulf Cooperation Council (GCC) region, Tally Solutions has solidified its position as a trusted partner for businesses.

Accredited by both the Federal Tax Authority (FTA) and the General Authority of Zakat and Tax (GAZT), the company has assisted over 67,000 businesses in the GCC with their accounting, inventory management, and compliance requirements.

Global Reach

Since its establishment in 1986, Tally Solutions has expanded its global footprint, serving a diverse clientele across various industries in more than 100 countries.

The company boasts a user base exceeding 7 million, underscoring its widespread impact and unwavering commitment to delivering cutting-edge business management solutions.

Source: Khaleej Times

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