RETAILvantage vs. TallyPrime

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
RETAILvantage
Score 6.0 out of 10
N/A
RETAILvantage is a retail management system developed by PROFITsystems, the company acquired by Accellos in 2013 and in turn acquired by HighJump after the mid-2014 merger of Accellos and HighJump software.N/A
TallyPrime
Score 8.0 out of 10
N/A
TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
RETAILvantageTallyPrime
Editions & Modules
No answers on this topic
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
RETAILvantageTallyPrime
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
RETAILvantageTallyPrime
Features
RETAILvantageTallyPrime
Payroll Management
Comparison of Payroll Management features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
9.6
1 Ratings
24% above category average
Pay calculation00 Ratings10.01 Ratings
Benefit plan administration00 Ratings9.01 Ratings
Direct deposit files00 Ratings9.01 Ratings
Salary revision and increment management00 Ratings10.01 Ratings
Reimbursement management00 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
10.0
1 Ratings
28% above category average
API for custom integration00 Ratings10.01 Ratings
Plug-ins00 Ratings10.01 Ratings
Security
Comparison of Security features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
10.0
1 Ratings
20% above category average
Single sign-on capability00 Ratings10.01 Ratings
Role-based user permissions00 Ratings10.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
10.0
1 Ratings
24% above category average
Dashboards00 Ratings10.01 Ratings
Standard reports00 Ratings10.01 Ratings
Custom reports00 Ratings10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
8.9
1 Ratings
16% above category average
Accounts payable00 Ratings9.01 Ratings
Accounts receivable00 Ratings10.01 Ratings
Cash management00 Ratings10.01 Ratings
Bank reconciliation00 Ratings8.01 Ratings
Expense management00 Ratings10.01 Ratings
Time tracking00 Ratings7.01 Ratings
Fixed asset management00 Ratings9.01 Ratings
Multi-currency support00 Ratings8.01 Ratings
Multi-division support00 Ratings9.01 Ratings
Regulations compliance00 Ratings7.01 Ratings
Electronic tax filing00 Ratings8.01 Ratings
Self-service portal00 Ratings9.01 Ratings
Global Financial Support00 Ratings10.01 Ratings
Primary and Secondary Ledgers00 Ratings10.01 Ratings
Intercompany Accounting00 Ratings7.01 Ratings
Localizations00 Ratings9.01 Ratings
Journals and Reconciliations00 Ratings10.01 Ratings
Enterprise Accounting00 Ratings10.01 Ratings
Standardized Processes00 Ratings10.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
RETAILvantage
-
Ratings
TallyPrime
10.0
1 Ratings
31% above category average
Inventory tracking00 Ratings10.01 Ratings
Location management00 Ratings10.01 Ratings
Best Alternatives
RETAILvantageTallyPrime
Small Businesses
Lightspeed Retail
Lightspeed Retail
Score 9.1 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.1 out of 10
Medium-sized Companies
Epicor Eagle
Epicor Eagle
Score 8.0 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises

No answers on this topic

Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
RETAILvantageTallyPrime
Likelihood to Recommend
10.0
(1 ratings)
10.0
(2 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
RETAILvantageTallyPrime
Likelihood to Recommend
Korber Supply Chain (formerly HighJump)
Definitely works well for any furniture company that wants one program that will help almost every aspect of your company run more smoothly. There is a learning curve to learn all of the functions and reports to take full advantage of all of the things RETAILvantage can do, but you will start seeing your business run more smoothly right away. The other nice things about RETAILvantage is that they have recently been partnering with other technologies to help the entire business, i.e. a truck scheduling technology, a review technology, a website company, etc
Read full review
Tally Solutions Pvt Ltd
When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
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Pros
Korber Supply Chain (formerly HighJump)
  • Keeping track of inventory- making POs, receiving, and tracking any movement of the inventory.
  • Keeping track of all customer's purchases- it keeps all sales for 8-10 years in the history.
  • Keeping all of our customer's information organized, you can print out reports by purchases within a date range and can even do it by categories or vendors they purchased.
Read full review
Tally Solutions Pvt Ltd
  • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
  • TallyPrime's payroll module handles complex payroll calculations effortlessly
  • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
Read full review
Cons
Korber Supply Chain (formerly HighJump)
  • It is not an accounting program, it does simple accounting reports and actions but it doesn't do some things in detail so we have to manually do a few entries.
  • RETAILvantage is constantly updating and making changes to improve based on customer input.
Read full review
Tally Solutions Pvt Ltd
  • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
  • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
  • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
  • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
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Usability
Korber Supply Chain (formerly HighJump)
No answers on this topic
Tally Solutions Pvt Ltd
I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
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Alternatives Considered
Korber Supply Chain (formerly HighJump)
We decided to stay with RETAILvantage because it is user-friendly and does more than just inventory and point of sale.
Read full review
Tally Solutions Pvt Ltd
TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
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Return on Investment
Korber Supply Chain (formerly HighJump)
  • RETAILvantage helps us all be more productive because we have 3 locations and we need to check inventory in all locations with a click of a button
  • It helps to manage all 3 stores and the warehouse from anywhere because we can pull reports from anywhere.
  • It also helps us stay on top of ordering and knowing what's coming in
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Tally Solutions Pvt Ltd
  • Significantly streamlined our financial operations.
  • Accounting, Inventory Management, and Tax Compliance are invaluable.
  • Real-time reporting provides crucial insights for decision-making
Read full review
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