Tally Solutions Private Limited inks MoU with ICWAI

Tally Solutions Private Limited inks MoU with ICWAI, New Delhi
Strategic partnership aims to create a pool of ERP-literate, certified, employment-ready professionals
July 14, 2009, New Delhi: Tally Solutions Private Limited (TSPL), India’s leading ERP
software major, today signed a Memorandum of Understanding with the Institute of Cost
and Works Accountants of India (ICWAI), India’s premier professional management
accounting institute at the ICWAI premises in New Delhi.
The agreement marks the beginning of a significant effort of crafting an industry relevant
career path for students in the Finance and Accounting domain.
What the MoU provides
• TSPL–ICWAI to create an industry–academia
interface to build employment-ready
professionals
• TSPL to provide training material for a 60
hour Certificate program at ICWAI in the first
phase.
• TSPL and ICWAI to partner in increasing the
training bandwidth and reduce the digital
divide in India
This partnership would help in
the creation of a unique
Industry–Academia interface
that would help generate a pool
of employment-ready
professionals. It is expected to
thereby transform the landscape
of the way businesses would be
operated in India.
With this partnership, ICWAI
and Tally Solutions would be
participating in an effort to
increase the training bandwidth across the length and breadth of India and to facilitate the
bridging of the digital divide between the urban and rural areas.
Mr. Avinash Gupta, the CEO of the Education Division, TSPL said, “This is an initiative
jointly taken by ICWAI and Tally Solutions to evangelize the cause of creating industry
neutral growth for Certified Accounting Technicians. The creation of a Technoprofessional
qualification is expected to enhance the quality of flow of information and
create a new blend of knowledge society in the Finance and Accounting domain”.
Mr.Kunal Banerjee, President, Mr. Durgaprasad, Vice President along with
Mr.G.N.Venkataraman, Chairman CAT, opined that “This tie-up with Tally will enable
ICWAI to reach nook and corner of India, mainly for the computer training and
basically to visit each and every village to see a rural student making his dream a
reality of a gainful employment with a short training and to further his career. Thus
ICWAI and Tally will address the social upliftment by taking professional education to
rural areas.”
According to the MoU, TSPL would provide training material for a 60 hour Practical IT
& Related Applications for the “Certificate in Accounting Technicians” (CAT) Program
in the first phase. The 60-hours computer training would be a pre-requisite for every

student’s eligibility to the Competency Level of the CAT program. The CAT program
roll out would cover over 500 students who have already enrolled for the current batch
across ICWAI run centres and over 70 ICWAI recognised centres . The Programme
intends to benefit more than 5000 students through a network of over 1300 training
locations across India for the next batch.
Through this programme, Tally intends to enable creation of a ready to employ pool of
ERP Literate Certified Accounting Technicians in the country.
About Tally Solutions Private Limited:
Since its inception in 1986, Tally Solutions has simplified business processes and
enhanced the productivity of small and medium-scale enterprises with its powerful
business accounting and inventory management software.
The company's tremendous progress is validated by various research agencies and media
houses who have named Tally as one of the fastest-growing software product companies
in India.
Guided by its core philosophy "Power of Simplicity", Tally Solutions has pioneered the
code-less concept in accounting and business management software and continues to
improve by leveraging new technologies to offer innovative features and capabilities.
The sphere of operations currently spans the Middle East, Africa, the Indian subcontinent,
Asia-Pacific and the UK.
For its simplicity in use, versatility in its technology – Tally has been the recipient of a
number of awards and accolades - the prestigious IT National Excellence Award 2007;
360 Magazine's Golden Rhino Award; Franchise Award for best in Education Coaching
& Training; VARIndia Star Nite Award for Best Financial Software, to name a few.
For more details, visit www.tallysolutions.com
About Institute of Cost and Works Accountants of India:
The Institute of Cost & Works Accountants of India is a premier, dynamic, vibrant
professional Management Accounting Institute of the country established on 28 th May
1959 under the Cost & Works Accountants Act, 1959 and as amended by Cost & Works
Accountants Act 2006 enacted by the Parliament to regulate the profession of Cost &
Management Accountancy in India. It is an institution actively associating itself in the
industrial and economic development of the nation. Today the Institute has more than 1,
65,000 students and more than 45,000 qualified members.
For more details, visit www.icwai.org
###