Chennai-based NRC Agro Adopts Tally.ERP 9 & Tally.Server 9
With this implementation, NRC Agro records better concurrency and accuracy in accessing real-time business updates and profitability analysis.
Technology based automation at every business process level is becoming a great enabler. From services to manufacturing every industry segment is getting hooked to technology based business processes. India’s leading vegetables’ suppliers from Chennai, NRC Agro has announced the automation of all its business operations using the Tally.ERP 9 software package from Tally Solutions Pvt. Limited (TSPL). The company is now covering a range of operations, from account and inventory management to tracking all areas of outstanding and product movement with greater accuracy, using Tally.ERP 9.
NRC Agro, which first implemented Tally in 1991, has been significantly expanding its operational efficiencies over the years with the implementation of all subsequent product enhancement releases of the Tally software. With the company’s expanding business, there was a requirement for greater automation in operations, better speed in data processing, along with higher levels of concurrency in data entry and accurate profitability analysis.
“Earlier all our financial accounting functions were done manually which was leading to poor speed and inconsistencies in operations. This prompted us to move to Tally. The simplicity of the software made it extremely easy for our existing accountants to quickly learn and implement Tally. Most of our employees have a basic educational background, but are well-versed in Tally now,” says Ram Mohan, Owner – NRC Agro. “Also, the recent decision to adopt Tally.Server 9, has been helping us achieve the desired results.” he further added.
In 2013, after implementing Tally.Server 9 upon the existing Tally.ERP 9 architecture, the company has been getting 100% accurate and real-time Management Information System (MIS) when handling up to 60 Metric Ton (MT) of quantity per day. The company now handles 50% more volume of data in peak hours, with greater concurrency and agility. This has in turn helped the company to report the real-time average rate per kg to farmers for their respective lots/vegetables.
NRC Agro currently uses Tally.Server 9 and Tally.ERP 9 for all MIS reporting requirements including Customer and Supplier Outstandings, Stock Summary, Cash/Bank Balance, Bills-to-Pay and Bills-to-Receive and Profitability Analysis.
NRC Agro, is one of the earliest adopters of accounting software in their line of business. It now boasts of a robust IT infrastructure, and claims that the right technology implementation has been one of the major reasons behind the company’s current annual turnover of 35 crore.
NRC Agro is one of the leading vegetables’ suppliers in India. They specialize in the supply and export of a wide variety of products under the broad category of Fresh Vegetables and Processed Products. They handle 25 varieties of vegetables from 50 unique suppliers per day and have 80 regular customers which include restaurant chains like A2B, Cream Centre. Their frozen food products are supplied to well-known outlets like French Loaf, Hot Chips and restaurants like Oriental Kitchen. They command 25% market share on various vegetable products in Koyembedu market, the largest vegetable market in Chennai. They are also one of the leading and largest suppliers of onion all over India.