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ERP · head to head

IQMS vs TallyPrime

IQMS logo

IQMS

ERP

Single database manufacturing ERP and MES, now sold by Dassault as DELMIAworks

From
$1200/month
Rated
-
Full reviewWebsite
T

TallyPrime

ERP

Accounting and inventory software for Indian businesses

From
$200/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: IQMS dassault Systemes acquired the product in 2018 and renamed it, which changed the sales channel, the support relationship and the roadmap owner, so a buyer needs explicit commitments on release cadence rather than a history of independence that no longer applies.; TallyPrime multi user access requires the Gold licence at Rs 67,500 plus 18 percent GST, three times the Rs 22,500 Silver single user licence
  • They diverge on capability: IQMS covers Single database ERP and MES, TallyPrime covers Accounting.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which IQMS and TallyPrime actually diverge.

Attributes where IQMS and TallyPrime differ
AttributeIQMSTallyPrime
Starting price$1200/month$200/month
PlatformsCloud, On-premise, WebDesktop, Cloud, Web
Founded19941988

Identical on both: pricing model (subscription), free tier (No), user rating (Not yet rated), category (ERP).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in IQMS

  • Single database ERP and MES
  • Real time machine monitoring
  • Production scheduling
  • Quality management
  • Preventive maintenance
  • Inventory and lot traceability
  • EDI
  • Financials

Only in TallyPrime

  • Accounting
  • Inventory
  • GST compliance
  • Invoicing
  • Financial reporting
  • Local tax systems
  • REST APIs
  • Banking

What people use each for

The jobs each tool is most often brought in to do.

IQMS

  • An injection moulding or plastics processor that needs cycle level machine data to cost jobs accuratelynot TallyPrime
  • A repetitive discrete manufacturer running many short jobs where scheduling depends on knowing real machine availabilitynot TallyPrime
  • An automotive component supplier that must meet EDI release schedules and hold traceability to satisfy a customer auditnot TallyPrime
  • A plant currently reconciling an ERP against a separate MES and finding the two never agreenot TallyPrime

TallyPrime

  • Accounting, invoicing and inventory for small and medium Indian businessesnot IQMS
  • GST compliance and e-invoicing filingnot IQMS
  • Multi user accounting across a local area networknot IQMS

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

IQMS

  • Dassault Systemes acquired the product in 2018 and renamed it, which changed the sales channel, the support relationship and the roadmap owner, so a buyer needs explicit commitments on release cadence rather than a history of independence that no longer applies.
  • This is a discrete and repetitive manufacturing system, not a process one, so a batch producer needing formulation, potency, catch weight or co-product handling will hit capability gaps that configuration cannot close.
  • The product has an on premise heritage with an underlying commercial database, so a deployment carries database licensing and administration skills as costs that sit outside the ERP quote.
  • Its depth is on the shop floor rather than in the office, so organisations with complex multi-entity consolidation, international statutory reporting or sophisticated financial planning needs generally find the finance side thinner than the manufacturing side.
  • The knowledge base is split across two product names and two eras, so searching for help returns a mixture of IQMS-era community material and current DELMIAworks documentation, and it is not always obvious which applies to your version.

TallyPrime

  • Multi user access requires the Gold licence at Rs 67,500 plus 18 percent GST, three times the Rs 22,500 Silver single user licence
  • The Silver lifetime licence covers a single user only
  • Connected services and product upgrades depend on a Tally Software Services subscription renewed separately; the 2 year Silver renewal is Rs 8,100 and the 2 year Gold renewal Rs 24,300, both plus 18 percent GST
  • Gold multi user operation is over a local area network rather than over the internet
  • All published prices exclude 18 percent GST

Pricing, plan by plan

IQMS

$1200/month
  • Standard$1200/month
    • Quality management
    • MES
    • Basic analytics
  • Premium$2500/month
    • Advanced analytics
    • AI capabilities
    • Priority support

TallyPrime

$200/month
  • Starter$200/month
    • Basic accounting
    • Invoicing
    • GST compliance
  • Premium$500/month
    • All features
    • Advanced analytics
    • Priority support

Which should you pick?

Choose IQMS if

  • You need single database erp and mes.
  • You work on Cloud, On-premise, Web.
  • You also want real time machine monitoring.
IQMS review

Choose TallyPrime if

  • You need accounting.
  • You work on Desktop, Cloud, Web.
  • You also want inventory.
TallyPrime review

Questions people ask

Is IQMS or TallyPrime better?
Neither clearly leads. IQMS starts at $1200/month and TallyPrime at $200/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, IQMS or TallyPrime?
IQMS starts at $1200/month and TallyPrime at $200/month.
Does IQMS or TallyPrime run on more platforms?
IQMS runs on Cloud, On-premise, Web. TallyPrime runs on Desktop, Cloud, Web.
What is IQMS best used for?
IQMS is most often used for an injection moulding or plastics processor that needs cycle level machine data to cost jobs accurately, a repetitive discrete manufacturer running many short jobs where scheduling depends on knowing real machine availability, an automotive component supplier that must meet edi release schedules and hold traceability to satisfy a customer audit, a plant currently reconciling an erp against a separate mes and finding the two never agree. Of those, an injection moulding or plastics processor that needs cycle level machine data to cost jobs accurately and a repetitive discrete manufacturer running many short jobs where scheduling depends on knowing real machine availability are not what TallyPrime is typically brought in for.
What can IQMS do that TallyPrime cannot?
IQMS covers Single database ERP and MES, Real time machine monitoring, Production scheduling, Quality management. TallyPrime covers Accounting, Inventory, GST compliance, Invoicing.

Answered from the vendors’ own pages

IQMS: Is IQMS the same as DELMIAworks?

Yes. Dassault Systemes acquired IQMS in 2018 and markets the product as DELMIAworks. The underlying application, EnterpriseIQ, is the same lineage, but contracts, support and the sales channel are now Dassault's.

TallyPrime: What does TallyPrime cost per month?

TallyPrime Monthly Subscription starts at ₹750 plus 18% GST (₹135), totaling approximately ₹885 per month in India. Other subscription options like Rental and Lifetime License are also available through their Customer Hub.

Source
IQMS: Why choose this over an ERP plus a separate MES?

Because the interface between them is the usual failure point. One database means production status, scrap and costing agree by construction. The cost of that is a narrower product that suits a specific kind of manufacturer rather than any manufacturer.

TallyPrime: Is there a free trial available?

Yes, TallyPrime offers a 7-day free trial. Users can access the full product features during this trial period before committing to a paid subscription.

Source
IQMS: Does it suit process or batch manufacturing?

No. It was built around discrete and repetitive production. Formulation, potency adjustment and co-product handling are the domain of process ERP and you should look at a specialist for that.

TallyPrime: What subscription models does TallyPrime offer?

TallyPrime provides multiple subscription types including Monthly Subscription, Rental, Lifetime License, Cloud Access, Tally Software Services (TSS), and WhatsApp integration options. Each can be managed through their Subscriptions portal for renewal or upgrades.

Source
IQMS: What should I check before buying under the current ownership?

Ask for the published release history since the acquisition, the support escalation path, who implements it in your region and whether they are Dassault staff or a partner, and what integration with the rest of the Dassault portfolio is assumed in the roadmap.

TallyPrime: Does TallyPrime pricing include taxes?

Yes, TallyPrime pricing includes 18% GST (Goods and Services Tax). The displayed price of ₹750 plus 18% GST reflects the total billing amount customers will pay in India.

Source
TallyPrime: What access options are available with TallyPrime?

TallyPrime can be accessed via desktop application, cloud-based platform, and through WhatsApp integration, depending on which subscription option is chosen.

Source
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