Bengaluru: Tally Solutions Pvt Ltd., India’s leading business automation software provider, has announced the launch of TallyPrime Release 7.1, introducing TallyIra, the company’s first AI-powered capability integrated into TallyPrime.
The latest release also introduces enhanced invoice personalisation features and expands Connected Banking capabilities in partnership with ICICI Bank, enabling businesses to modernise operations while strengthening their professional identity.
The launch of TallyIra marks a significant milestone in Tally’s technology journey, bringing artificial intelligence directly into business workflows.
The first capability under TallyIra, named Docs by Ira, leverages AI to read business documents and automatically convert them into accounting transactions within TallyPrime.
Businesses can upload documents through desktop, mobile devices, or WhatsApp, allowing the software to extract relevant information and create GST-compliant entries automatically.
By reducing manual intervention in one of the most time-intensive business processes, TallyIra helps organisations modernise workflows, improve responsiveness, and reduce manual effort by up to 80%.
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Designed in line with Tally’s long-standing principles of flexibility and reliability, TallyIra adapts to user preferences while ensuring businesses retain complete control over every transaction.
Alongside AI-powered automation, TallyPrime Release 7.1 introduces a significantly enhanced invoice personalisation experience.
Businesses can now create invoices that reflect their distinct identity while retaining the consistency and credibility associated with Tally invoices.
The upgraded feature offers a range of modern and customisable invoice templates, enabling businesses to personalise invoices with logos, signatures, watermarks, and business-specific information.
Through these capabilities, businesses can present their brand more effectively while maintaining professionalism and trust.
Further strengthening the ecosystem, TallyPrime has partnered with ICICI Bank to expand its Connected Banking capabilities.
Through this integration, TallyPrime users who hold current accounts with ICICI Bank can seamlessly manage both banking and accounting activities within a secure, unified environment.
The integration allows users to access live account balances and bank statements, receive transaction updates, initiate and manage payments, streamline bank reconciliation, and perform banking operations without switching between multiple platforms.
The enhanced Connected Banking experience enabled through TallyIra and TallyPrime aims to save businesses time, reduce errors, and provide real-time financial visibility.
Commenting on the launch, Tejas Goenka, Managing Director, Tally Solutions, said, “For nearly four decades, our focus has been on building technology that adapts to businesses, not the other way around. As AI becomes part of everyday business operations, its role should be to make businesses more flexible, efficient, and responsive while preserving the reliability and control they depend on.
With TallyIra, we are embedding intelligence into business workflows to reduce effort and simplify complexity. Combined with deeper personalisation and a more connected ecosystem, TallyPrime 7.1 helps businesses modernise operations while presenting their unique identity more professionally.”
TallyPrime Release 7.1 will be available to all existing TallyPrime customers with an active license.
