When I was probably 5/6, I remember going to my dad’s office and seeing him use this crazy looking interface. For him Tally was essential to running his business. He is retired now but he still sometimes opens his old laptop with Tally running smoothly. What an incredible piece of software engineering. Hats off to the Goenka family. Massive respect.
Their Grandpa did it all in 1990s and sold it personally to clients when even computers didn't exist, is an inspirational story. This is probably the most underrated intellectual business family in India, thanks for covering this story And the product built by them is solid and smooth and no unnecessary clutter and clear interface with all keyboard operable. That's so amazing. Hats off to grandpa
Because rupee is a currency. And rupees means more than one unit of the Indian currency. But the word "buck" is not reserved for the dollar only. It used to be an informal slang for the dollar in the past but it's not strictly tied to the dollar anymore. 5 rupees = 5 units of indian currency 5 bucks = 5 units of any currency If this is new to you, let me introduce you to the concept called knowing how the speak a language. It's a process where you respect the language and learn it with honesty. So, learn the language rather than tagging others with the "westernized" tag and tagging your mistakes and shortcomings as "Indian English". You're just ruining things for fellow Indians who actually speak good English.
My CA introduced me to tally when I joined business after college in 1994 Initially I used a pirated copy and shortly purchase one from bangalore office. The company was know as Puetronics pvt ltd at that time if I am not mistaken. Since then I am a tally user except for a small time span in between when we could not make invoices in tally. That period I used Wings software. Tally has truly been a boon for our business.
We are proud to be a tally partner, Tally is not software it is a thought process of each businessman`s finance and accounting person. Normally any software is designed for sales and CRM etc and the final output is planned to get more money from other's pockets to sellers' pockets, Tally is the only one who thinks privacy, data ownership, easy mobility of data, data open in education mode, and no actions on piracy and many more. Most important is the period, it is since 1986! and see all generations are more in love than earlier ones. Tally takes care of buyers, partners, CA, and all. Thanks to BG sir, tejas sir, nupur mam and whole goyenka family.
My whole family Starting from my grandfather , Father, Uncle and my generation , Everyone is in Accounting (Excluding Me) , Everyone uses Tally since 2002 and have seen its evolution, most probably the first thing i have seen on a computer is Tally.
Tally Prime on Cloud is amazing. So you can create many company branches, and data could remain centralized on cloud, without fear. Including complete privacy.
Wow... Great conversation my first company in blore...good to know about Tejas and Nupur..Tally has given the platform for millions of youth rural india..we learnt computer bcoz of Tally ❤
Tally maybe is the most popular accounting software in India. But it has a primitive interface. It is very difficult to use compared to other accounting softwares that use modern windows interface. Tally succeeded mainly because of first mover advantage and good marketing. Another thing is that once you start to use an accounting software it is very difficult to move to a different one. So once you start using Tally it is difficult to move to another software even if you find that software better one.
How does tally tackle power bi. When connected to a data base power bi has good visualisation, easy and familiar interface and data tranfer across the Microsoft products
For the user base the data which they regulate is not that big to visualise it's in their head, it's more like a ledger software, the businesses using tally don't need data scientist to look out for emerging trends in the data, coz it's just too simple at max few extra fields than a debit credit
How come everyone loving tally here???? How............. Yeah they are popular, institutes even tie up with tally to make courses to push it more, More computer center teaching tally now more than companies using tally. I was tally 7.0 use for a long time. But guys you loved it so much. We use quickbooks now. We even used GNU cash for some time.
Most people dont want to ease out.. They are happy with "whats going on let it happen"... If someone wants to ease out operations, they will look into Cloud based software and other accounting software which were more advanced than Tally..
@@satyabansahoo1862 We even made our advanced bookkeeping system in Google Sheet + AppsScript + SQLite, for some audits and ceremony expense whose detailed info we don't want in our main database. That works so good. A intern made it for us, we are just amazed. including graphs and reports. Even for that tally wasn't sufficient.
Initial days tally brain washed Accountant , auditor to promot and paid lots money ... I still remember 1990s auditors tells every business owner to install tally..
Not to mention. There will be only two types of companies one who make use of AI and the one to be replaced by AI. 😅 The product evolution needs to pivot based on current and future trends. But I wish if the podcast also touches their thoughts process on AI.
@@ranvirsingh6204 leveraging AI is different thing and Adding AI in to everything is different think. They might be using AI to Develop their product who knows. Also Their Product is Industry Standard so they have to keep caution .
The 2nd generation is not doing there work or any work at all because if they would have been working then by now we would have seen tally on Play Store. Computer is not for the mass but mobile is n u if your product can't operate for mass it won't survive
Tally at this point is like PHP, no one loves it, there are some haters, there are number of better alternatives, but it's still used just because it has been used for a while. Not a great spot to be in. Your software looks too old, and as you mentioned 10 times in the vid, yes gradpa did everything and i wish he was still in charge cz he would see the company sinking and rusting, waiting to be replaced by better products and he would act on it. If you don't want to work your ass off yourself to deliver something which is at level of international brands, then give chance to the leaders who can actually deliver, let someone else lead, who deserves. Pissed off cz not many indians brands had a market share like yours and you guys are ruining it, makes me sad.
yup i agree, what grandpa built was possibly years ahead of time, sadly newer generations of the family were not so talented to keep the lead in technology and product mindset hence they are falling behind.
Learned tally on own way used several other Software yet best user friendly in tally today despite being SAP consultant I really love Tally, my first guru, configured B1, Zoho etc YET TALLY is Gem. Mukti user tally Admin rights to be explained well to owners for better control and understanding especially SOHIO segment
Tally is an old player thats why most of them are using it.. There are other accounting software which are more advanced and ease to use, like Quickbooks, zero, zoho and more. Tally users are like in a rat race, everyone was using it so lets use it.. P.S. - Not a hater of Tally but rather I am upgrading and easing out operations.
When I was probably 5/6, I remember going to my dad’s office and seeing him use this crazy looking interface. For him Tally was essential to running his business. He is retired now but he still sometimes opens his old laptop with Tally running smoothly. What an incredible piece of software engineering. Hats off to the Goenka family. Massive respect.
Their Grandpa did it all in 1990s and sold it personally to clients when even computers didn't exist, is an inspirational story.
This is probably the most underrated intellectual business family in India, thanks for covering this story
And the product built by them is solid and smooth and no unnecessary clutter and clear interface with all keyboard operable. That's so amazing.
Hats off to grandpa
I don’t know why our people starts saying bucks instead of rupees 😂 Western effect..
Which western country says “bucks” and “sex appeal” in formal settings?!
As of today, India has gone little further West of Western countries.
Because rupee is a currency. And rupees means more than one unit of the Indian currency.
But the word "buck" is not reserved for the dollar only. It used to be an informal slang for the dollar in the past but it's not strictly tied to the dollar anymore.
5 rupees = 5 units of indian currency
5 bucks = 5 units of any currency
If this is new to you, let me introduce you to the concept called knowing how the speak a language. It's a process where you respect the language and learn it with honesty.
So, learn the language rather than tagging others with the "westernized" tag and tagging your mistakes and shortcomings as "Indian English".
You're just ruining things for fellow Indians who actually speak good English.
they studied in the US. Stop judging ffs.
Million billion too lol
They think they are looking cool and smart .
These are the gems 💎 of India and nobody knows their story
Thanks for bringing forward a great story
My CA introduced me to tally when I joined business after college in 1994 Initially I used a pirated copy and shortly purchase one from bangalore office. The company was know as Puetronics pvt ltd at that time if I am not mistaken. Since then I am a tally user except for a small time span in between when we could not make invoices in tally. That period I used Wings software. Tally has truly been a boon for our business.
We are proud to be a tally partner, Tally is not software it is a thought process of each businessman`s finance and accounting person. Normally any software is designed for sales and CRM etc and the final output is planned to get more money from other's pockets to sellers' pockets, Tally is the only one who thinks privacy, data ownership, easy mobility of data, data open in education mode, and no actions on piracy and many more. Most important is the period, it is since 1986! and see all generations are more in love than earlier ones. Tally takes care of buyers, partners, CA, and all. Thanks to BG sir, tejas sir, nupur mam and whole goyenka family.
An actual product based software company of India I will say
My whole family Starting from my grandfather , Father, Uncle and my generation , Everyone is in Accounting (Excluding Me) , Everyone uses Tally since 2002 and have seen its evolution, most probably the first thing i have seen on a computer is Tally.
These are the real people, who know both finance and tech at the niche level.
While using other accounting software i thought of way i work on tally. But it seems to be losing pace of innvation compared to other softwares
So, basically Mr. Goneka was a 100x engineer
12:10 currently I'm watching from Tinsukia itself 😅. Just came home from job, doing all day accounting in Tally 🌞
Startup fact : I think tally is one of the biggest secret sauce for Indians to dive into startups
Tally Prime on Cloud is amazing.
So you can create many company branches, and data could remain centralized on cloud, without fear. Including complete privacy.
Wow... Great conversation my first company in blore...good to know about Tejas and Nupur..Tally has given the platform for millions of youth rural india..we learnt computer bcoz of Tally ❤
Beautiful.
Can you share the mics that you use? Very good audio quaity
Such an inspiring interview! .
Tally maybe is the most popular accounting software in India. But it has a primitive interface. It is very difficult to use compared to other accounting softwares that use modern windows interface.
Tally succeeded mainly because of first mover advantage and good marketing. Another thing is that once you start to use an accounting software it is very difficult to move to a different one. So once you start using Tally it is difficult to move to another software even if you find that software better one.
I got right...
Tally should innovate ASAP other wise they will lose the market share very fast
How does tally tackle power bi. When connected to a data base power bi has good visualisation, easy and familiar interface and data tranfer across the Microsoft products
Tally lacks visualisation: true,
But They brought up standardization in accounting which was non existent back then
For the user base the data which they regulate is not that big to visualise it's in their head, it's more like a ledger software, the businesses using tally don't need data scientist to look out for emerging trends in the data, coz it's just too simple at max few extra fields than a debit credit
@@satyamm009 👍🏻
@@girishkuvalekar3965 👍🏻
How come everyone loving tally here????
How.............
Yeah they are popular, institutes even tie up with tally to make courses to push it more, More computer center teaching tally now more than companies using tally.
I was tally 7.0 use for a long time. But guys you loved it so much. We use quickbooks now. We even used GNU cash for some time.
Most people dont want to ease out.. They are happy with "whats going on let it happen"... If someone wants to ease out operations, they will look into Cloud based software and other accounting software which were more advanced than Tally..
@@satyabansahoo1862 We even made our advanced bookkeeping system in Google Sheet + AppsScript + SQLite, for some audits and ceremony expense whose detailed info we don't want in our main database.
That works so good. A intern made it for us, we are just amazed. including graphs and reports. Even for that tally wasn't sufficient.
Odoo doesn't realize the power and influence of tally in India
as in?
I really didn't picture the minds behind Tally to be so young!
.....
This is the 3rd generation of business owners
Initial days tally brain washed Accountant , auditor to promot and paid lots money ... I still remember 1990s auditors tells every business owner to install tally..
Tally is now more simple. They have now complicated gst module and many other modules.
dope
There are only two types of companies one who uses Tally and the ones’ that will use Tally.
But tally lacks certain features comparing to competitors, user friendly alone is never going to be enough in a long run
Tally is a good software. It's like a jack of all trades with an outdated UI.
Don’t know what their roadmap is but the land space has evolved a lot and they may need to think future with AI.
1. It's Easy to use.
2. It's Keyboard Primary Softwares so it's quick to use.
3. Not everything needs AI.
4. Tally is for Experts.
Not to mention.
There will be only two types of companies one who make use of AI and the one to be replaced by AI. 😅
The product evolution needs to pivot based on current and future trends. But I wish if the podcast also touches their thoughts process on AI.
@@ranvirsingh6204 leveraging AI is different thing and Adding AI in to everything is different think.
They might be using AI to Develop their product who knows.
Also Their Product is Industry Standard so they have to keep caution .
They must be having plans
The 2nd generation is not doing there work or any work at all because if they would have been working then by now we would have seen tally on Play Store.
Computer is not for the mass but mobile is n u if your product can't operate for mass it won't survive
📢 Platform Independence kab la rahe ho????????
❤
Software is like sex: it's better when it's free. - Linus Torvalds
Tally has become stagnant ,high time they change it
so thats how orignal product looks like , 2000s ke baad indians ya to inspire hue ya copy ki hai
Bhai ye Bucks bolne wale logo pe gussa aur aata hai naa bhai
Tally at this point is like PHP, no one loves it, there are some haters, there are number of better alternatives, but it's still used just because it has been used for a while. Not a great spot to be in.
Your software looks too old, and as you mentioned 10 times in the vid, yes gradpa did everything and i wish he was still in charge cz he would see the company sinking and rusting, waiting to be replaced by better products and he would act on it.
If you don't want to work your ass off yourself to deliver something which is at level of international brands, then give chance to the leaders who can actually deliver, let someone else lead, who deserves. Pissed off cz not many indians brands had a market share like yours and you guys are ruining it, makes me sad.
yup i agree, what grandpa built was possibly years ahead of time, sadly newer generations of the family were not so talented to keep the lead in technology and product mindset hence they are falling behind.
I don't know why people use tally, excel is much more simpler than tally
Still not support on ondraid 😂😂
Learned tally on own way used several other Software yet best user friendly in tally today despite being SAP consultant I really love Tally, my first guru, configured B1, Zoho etc YET TALLY is Gem.
Mukti user tally Admin rights to be explained well to owners for better control and understanding especially SOHIO segment
Tally is an old player thats why most of them are using it.. There are other accounting software which are more advanced and ease to use, like Quickbooks, zero, zoho and more. Tally users are like in a rat race, everyone was using it so lets use it..
P.S. - Not a hater of Tally but rather I am upgrading and easing out operations.
Nupur is silent all the time.opefuly she doesnot do the same thing at Tally
❤