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by fuzztester
622 days ago
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India had / has a bunch of indie vendors of small financial accounting packages (that's what it is called here), some years back and for quite a while before that. When a new Indian software product company starts up, this is often the field they enter first, partly because the domain knowledge is widely available via chartered accountants and is fairly standardized, I think. Not an expert in the field myself. I don't know how many there are nowadays, but my guess is that they must be at least a few of them, still, if not many. Tally was one of the more successful ones and is still around. I heard someone talk about it the other day. I am talking about the small businesses sector. Larger companies tend to use
ERPs, either commercial or home-grown. There are even some indie vendors in this sector. |
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This doesn't ring true to me. It's almost impossible for a new accounting suite to find traction because Tally is the defacto standard. The only successful newcomer I can think of is Zoho.