There are a number of software solutions in the market at present that provide their users with business insight based on a solid accounts foundation. One of these solutions is a system called Exact Online, developed by a Dutch software firm by the same name. I was deciding how best to introduce Exact when I thought who better to give an overview of the company than Exact themselves. Below is an exert taken from their website giving a brief introduction as to what they are all about.
Serving entrepreneurial businesses is at the heart of what we do at Exact. Small enough to remember our own modest beginnings in 1984, yet large enough to be a global player. We understand your mindset, how you collaborate with your business community and the structure that is needed to achieve results. We use this knowledge to provide you with software solutions that support every business activity and give real-time insight into your entire business.
With Exact you’ll have the freedom to successfully address the challenges and opportunities that come your way, creating value for your customers and ultimately for yourselves. From manufacturing, wholesale and distribution to professional services, whatever business you are in, we can help you grow.
As I mentioned earlier the marketplace can be somewhat crowded for business software solutions. However as with most software there is no one size fits all and different solutions are aimed at different business types and sectors. For example Xero would be ideal for a small business with limited or no stock control requirements. SAP or Netsuite on the other hand would potentially be better suited to large multi-nationals with more bespoke requirements and a hefty budget to implement it.
So where does Exact sit in this crowded marketplace? Well Exact can certainly hold its own in the entry level market, for those businesses that require an online accounting solution that will enable the user to create an invoice, produce standard monthly financial reports and of course be MTD compliant. However where it really stands out from the competition is for companies that are looking for a fully integrated online solution that can offer:
|CRM built in as standard||Advanced Inventory Management||Multi Warehouse Stock Control|
|Drop Shipment||Material Resource Planning||Serial and Batch Tracing|
|Multi-level Bill of Materials||Unprecedented Manufacturing Control||Real-time Shop Floor Tracking|
While this list is far from exhaustive it should give you a feel or an understanding as to the scalability of Exact Online and where it could bring real benefit/added value to your business. Also with different product tiers available on a SAAS based model there is the flexibility to select the tier that offers the right feature set for you.
For more information why not check out our Exact Online page