// INDUSTRY INSIGHT //
Vikas Panchal, General Manager, Tally Solutions MENA
technology more holistically, going beyond manual efforts to adopt tools that give them real-time visibility, automate critical compliance requirements and generate insights that support informed, agile decision-making.
This belief is echoed in our Tally MSME Honours programme, which has celebrated over 500 businesses across diverse sectors. These are not just high-performing enterprises, they are agile, tech-enabled and built for resilience. From streamlining operations to expanding into new markets without significantly increasing costs, they embody how smart systems can amplify scale without compromising control. In this evolving landscape, while solutions like TallyPrime offer critical support, what stands out is that SMEs embracing integrated, intelligent tools are consistently better equipped to turn challenges into opportunities.
Conversely, SMEs that delay building robust operational systems often face unexpected costs. For instance, a recent report published by Pemo showed inefficient expense management processes alone could drain upwards of AED13,000 per employee each year, even before accounting for missed commercial opportunities. When combined with slow invoice cycles or fragmented supplier negotiations, these costs compound rapidly.
As the UAE’ s non-oil economy is expected to surpass the US $ 100 billion mark within the next year, the stakes are only getting higher. The competitive landscape is intensifying, with both local players and international entrants eyeing the same growth avenues. In this context, operational efficiency directly shapes a company’ s ability to negotiate better terms with suppliers, attract funding or win new contracts.
The good news is that technology today offers SMEs the ability to build this resilience in a way that is both scalable and tailored to their realities. Modern business management platforms are designed to integrate compliance, inventory, sales and financial data into one ecosystem, giving owners an instant view of their operational health. By giving a complete view of the cashflow, automating reconciliations and tightening working capital cycles, these systems free up leadership bandwidth to focus on customer relationships and long-term strategies that make the mark.
This is precisely the thinking behind TallyPrime, a holistic business management software built for SMEs navigating the unique pressures of emerging regulatory
36 Intelligent SME. tech