Tally Solutions, the business solutions company in India creates a new milestone with the Auditors’ Edition of Tally.ERP 9, with a record 7000 Chartered Accountants adopting the CAAT Tool for their clients’ audit with great results. This enhanced Audit Tool not only helps CAs in improving effectiveness in their Audits but also in reducing time and effort of data analysis for audits by 70%, particularly during high pressure audit season.
Traditionally, CAs managed audits either by visiting clients’ offices or by the clients sending their data to the CA’s office for audits. Tally.ERP 9 – Auditors’ Edition has introduced a third option that facilitates Remote Audit, wherein both the CA and client can work from the comfort of their offices and complete the audit, saving them travel time among other benefits.
“Tally believes that the biggest challenge faced by CAss today is paucity of time. Also with the Indian economy on a growth trajectory, the ability to deliver on services and to retain staff will prove to be a pivotal factor. Tally technology helps CAs in addressing these challenges and be more effective in their practice,” said Ramprakash Lakshminarayana, President & CFO, Tally Solutions.
Apart from Statutory and Tax Audits, the product also has features to support Internal, Interim and Forensic Audits.