TallyPrime 7.0 Strengthens Connected Capabilities and Simplifies Digitisation for MSMEs~Brings improved data protection and deeper integrations with SBI and Axis Bank~

Kolkata, 13th January 2025: Tally Solutions Pvt Ltd, India’s leading business automation software provider, today announced the launch of TallyPrime Release 7.0, marking five years of the TallyPrime platform. Since its inception, TallyPrime has been designed around one clear promise- make digitisation simple, reliable, and truly useful for MSMEs. This milestone release strengthens that mission by bringing together deeper integrations, smarter automation, and meaningful data-protection enhancements into a more cohesive, connected experience.
Over the years, TallyPrime has helped businesses navigate India’s fast-evolving digital landscape, from e-invoicing and e-way bills to connected GST compliance and everyday financial operations. With features like Connected Banking and TallyPrime Cloud Access, businesses have enjoyed the flexibility to work from anywhere, transact securely, and engage with external systems effortlessly.
Release 7.0 sharpens this customer-centric vision even further by strengthening the core pillars MSMEs rely on every day: continuity, clarity, and control. Stronger SBI and Axis Bank integrations now enable MSMEs to manage payments, fetch balances and statements in real time, and reconcile instantly, all without leaving TallyPrime. These enhancements turn routine financial operations into quicker, more transparent, and more reliable experiences.
Tally’s partnership-driven approach also continues with Bharat Connect for Business, built with NPCI Bharat BillPay Ltd. With automated invoice exchange and payment linkage between buyers and sellers, MSMEs can reduce manual effort and improve accuracy across their receivables and payables cycles.
Release 7.0 also brings the enhanced TallyDrive experience that keeps business data safer and more dependable. With upgraded encryption, stronger integrity checks, and a design philosophy that keeps data strictly in the business’s control, TallyDrive underscores Tally’s long-standing belief that connected workflows must never compromise privacy. Businesses can adopt digital practices with confidence, knowing their data remains secure, backed up, and always accessible.
Speaking about the milestone, Tejas Goenka, Managing Director, Tally Solutions, said:
“Over the last five years, TallyPrime has steadily expanded its connected capabilities, enhancing how businesses manage compliance, banking, and everyday operations. TallyPrime 7.0 is a natural extension of this journey, introducing smarter automation, deeper integrations, and enhanced privacy features. It reflects our belief that businesses today need connected digitisation, not complexity. This release strengthens the ecosystem we’ve been building, helping businesses operate with more continuity, transparency, and confidence.”
With Release 7.0, Tally further reinforces its commitment to creating a secure, intuitive, and deeply connected platform, one that helps MSMEs make timely decisions, maintain continuity, and stay aligned with India’s digital ecosystem. The updates ensure that connected services across compliance, banking, payments, and reporting work more cohesively, enabling MSMEs to run their businesses with ease and clarity.
TallyPrime Release 7.0 will be available to all existing TallyPrime customers with an active license.
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. 

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