Kanpur, 7 May 2025: Tally Solutions Pvt Ltd, India’s leading business automation software provider, introduces its latest release, TallyPrime 6.0, designed to simplify financial operations for small and medium enterprises (SMEs) and make it seamless via Connected Banking experience. This advanced upgrade revolutionizes bank reconciliation, banking automation, and financial management for businesses and accountants. Building on its expertise in delivering connected services such as e-invoicing, e-way bill generation, and GST compliance, Tally takes another significant step towards empowering SMEs with integrated banking capabilities. This new release reinforces Tally’s commitment to connecting businesses with their ecosystems and enabling them to operate with unparalleled simplicity.
Uttar Pradesh is home to the highest number of Micro, Small, and Medium Enterprises (MSMEs) in India, with around 90 lakh registered units within the state. These units span across numerous sectors majorly concentrating in the areas of leather products, food processing, readymade garments, and hardware products. As of September 2023, Kanpur alone contributed approximately 72,533 registered MSME units, according to figures from the District Industries Promotion and Entrepreneurship Development Centre. With nearly 14% contribution to India’s overall MSME numbers, Uttar Pradesh is an important contributor to the industrial growth of the nation. The booming MSME industry in the state is also a significant employment generator, supporting livelihoods for more than 14 million individuals in urban and rural regions.
Keeping with its vision of making the business network seamless TallyPrime’s Connected Banking feature takes integration to the next level by bringing banks inside Tally. Unifying accounting and banking into a single system, with secure login and real-time connectivity through partnerships with Axis Bank and Kotak Mahindra Bank. Users can access live bank balances and transaction updates directly within the platform, ensuring they always have the most updated information and insights about their working capital, empowering businesses to make smarter financial decisions. With the ability to process payments, instantly reconcile transactions, and monitor bank balances within Tally businesses can stay agile, optimize resources, and maintain full control over their financial operations.
While launching TallyPrime 6.0, Mr. Samir Dixit, Director- Sales, Tally Solutions said, “TallyPrime 6.0 is built to simplify and strengthen financial operations for small and medium businesses by seamlessly integrating banking within the platform. With features like live bank balances, automated reconciliation, and real-time transaction updates, businesses can now manage their finances without switching systems, enabling them to save 30-50% of their time. This release is a step forward in helping SMEs stay agile, save time, and maintain full control over their operations. It also introduces capabilities like working capital optimization, stronger GST compliance through connected e-invoicing and e-way bill generation—all designed to reduce complexity and let business owners focus on growth and innovation.”
TallyPrime’s smart bank reconciliation transforms how SMEs and accountants manage their books by seamlessly aligning financial records with banking transactions. Enabling faster reconciliation, timely account finalization for audits, and real-time operational insights—all within a unified, intuitive platform. Additionally, the integration of UPI payments and payment links simplifies collections, ensuring smoother cash flow.
Security remains a cornerstone of TallyPrime 6.0, incorporating end-to-end encryption, multi-layered access controls, and real-time fraud detection to ensure safe banking transactions. This launch reaffirms the company’s commitment to ensuring complete security and privacy of its customers’ financial data.
Tally continues to enhance business management with advanced technology, offering a seamless and holistic experience through TallyPrime 6.0. From connected GST and e-invoicing to WhatsApp-based alerts (WABA), cloud access, and integrated financing, Tally empowers businesses with simplified, efficient, and connected solutions for smoother operations.