Tally On Cloud Or Tally Hardware Installation? What Is More Costly?
We’ve been talking about the unmatched advantages of tally software and how it has helped organizations in their accounting purposes.
Tally accounting software and solutions is an unbeatable tool for ascertaining a particular organization’s accounting performance and position. With the new laws and regulations enforced in terms of GST and digital money, Tally ERP has played an important role in adapting to the new changes and making it be more convenient and feasible to post an entry and record the transactions.
Though with numerous advantages of tally software, there can be cases where you might be paying higher for the tally services where you can get tally services at lesser rates. In today’s modern world where cloud technology is increasing its reach at an endless speed, there have become two ways to install tally on your computer; Tally on cloud and Tally Hardware installations. So which among the two alternatives is much more economical?
To ascertain the differences between their costs, first, we’ll differentiate the different features between Tally on Cloud and Tally Hardware. Well, there is no such difference on the grounds of functionalities or workings as both the alternatives use the same tally solutions software. The basic difference comes with the management role and the respective expenses incurred. Employing tally hardware and having its installation done for your computer would require you to acquire many hardware requirements like processor, RAM, Hard disk, operating system, and Monitory resolution for 64-bit and 32-bit systems.
It also makes the user responsible for all the maintenance and management needs for tally software. With regular maintenance, expenses also are of recurring nature. Being a user, you would also require certain storage and backup accommodation for your data taking care of their security too. This, in turn, would cost a lot of time to the users.
When it comes to Tally on cloud, all you need to do is find a service provider and have a tally license. All the rest of the work including management, maintenance, installation, storage, and security is then taken care of by your service provider itself. Your service provider will provide you tally on a virtual basis using cloud technology which would enable you to have zero hardware installations.
With tally on cloud, you can even use tally services anywhere, anytime, with any device having any OS. Sounds effective, isn’t it?
But you might be thinking now that with everything managed by your service provider, it may include higher charges too. Well, we have estimated some statistical data to compare the costs incurred for tally on cloud and tally hardware. We found that:
- For Tally On-premises (Tally Hardware), you would be costed up to:
Very small setup with 3 User Setup -188,600 p.a.
Small setup with 10 user setup – 466,000 p.a.
Medium sized setup with 20 user setup – 986,000 p.a.
- Whereas for Tally on Cloud you’ll be costed up to:
Very small setup with 3 user setup – 129,600 p.a.
Small setup with 10 user setup – 324,000 p.a.
Medium sized setup with 20 user setup – 486,000 p.a.
These costs for different setups were estimated taking in calculations the Server hardware, Storage and backup, UPS batteries, electricity charges, extra tally license, management expenses, and other mandatory expenses.
So with the above comparison, you may have found that Tally on cloud is convenient, feasible, and even economical than the tally on-premises as all it requires is the initial costs and the tally works fluently ahead.
Tallystack is known for its tally on cloud services and has been in this industry for more than 10 successful years. We provide efficient tally on cloud plans at cheaper rates. Get your tally on cloud plan now.