Tally introduces "Tally Xcelerator for SMEs" to facilitate their growth and development

Tally Solutions has launched a new program called Tally Xcelerator (TX) to offer consultancy services to small and medium businesses, with an aim to empower SMEs and facilitate their growth. Under this program, Tally appointed partners called Tally Xcelerators will extend business advisory services playing the role of a coach, mentor and trainer to all 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.

According to the company, the revolutionary tax reform that has been introduced, as well as the focus on digitization is 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, Joyce Ray, India Business Head, Tally Solutions, said, “We have been working very closely with more than one million SMEs for over three 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. Under the program, TX partners will extend advisory services and/or basic services to 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.

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