Bangalore, 12 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. 

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.

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While launching TallyPrime 6.0, Mr. Tejas Goenka, Managing Director, Tally Solutions said, “Our mission has always been to build technology that helps simplify business operations for SMEs. With TallyPrime 6.0, we’re addressing a critical need by integrating banking directly within the Tally platform empowering businesses to focus on growth and innovation without the distraction of operational complexities, enabling them to save 30-50% of their time. This release comes with multiple other features like enhanced bank reconciliation, working capital optimization through financial institution linkages, further strengthening the existing capabilities of GST compliance with connected e-invoicing and e-way bill generation.”

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. 

Commenting on the launch, Neeraj Gambhir, Group Executive & Head – Treasury, Markets & Wholesale Banking Products, Axis Bank said, “Axis Bank has always been at the forefront of innovation by introducing pioneering solutions for its customers for seamless banking experience. We are committed to empower our SME clients by integrating technology into financial solutions. The SME Business Banking landscape is evolving rapidly, and there is a need for a comprehensive solution for all their Banking and Beyond Banking requirements. With this ‘connected banking solution’, customers can integrate bank account inside TallyPrime and streamline their banking operations by improving efficiency and agility in financial decision-making. This initiative is a continuation of our ongoing efforts to significantly enhance the digital experience of our clients.”

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.

About Tally Solutions Pvt Ltd
Tally Solutions Pvt Ltd is a tech and innovation-led company providing business management software globally. Established in 1986, it has revolutionized business operations with simple yet powerful solutions. Its flagship product, TallyPrime, integrates accounting, inventory, compliance, and banking into a unified platform, serving over 2.5 million businesses and 7 million users across 100+ countries. Tally has expanded into the Account Aggregator ecosystem with TallyEdge, enabling easier access to financial services through collaboration with Banks and NBFCs and TallyCapital, which enables easy and secure lending to help entrepreneurs grow their business with confidence. Tally’s commitment to skill-building and making youth employable is reflected in Tally Education, which operates across 1,000+ centers in 400+ towns, equipping professionals with industry-relevant expertise. With an unwavering focus on innovation and simplicity, Tally continues to empower MSMEs and drive sustainable business growth. 

About Axis Bank:   

Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. With its 5,706 domestic branches (including extension counters) and 14,476 ATMs across the country as on 31st December 2024. The network of Axis Bank spreads across 3,122 centres, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.

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