What is exact software : Innovating Together for Business Success

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What is exact software . In every era, through thick and thin, entrepreneurs have always harbored dreams, ideas, and unwavering goals. They tirelessly strive to turn their aspirations into reality by forging ahead, embracing innovation, learning from mistakes, and persisting, all while keeping a keen ear for feedback and, above all, collaborating with others. The essence of a successful business lies in people working together, and Exact, a trailblazing software company, champions this very philosophy.

At Exact, our mission centers on connectivity and the belief that technology should serve and empower people. We understand that technology becomes truly valuable when it enhances collaboration. We excel in ensuring that you have seamless access to the information you need, 24/7, whether it’s on your computer, laptop, tablet, or smartphone. Our goal is to keep you informed, to help you locate what you seek, regardless of your location in the world.

Our dedication to sharing knowledge extends far and wide. We proudly boast around 100 partners in the Netherlands and over a hundred thousand customers globally, each of whom we consider an expert in their own right. This expertise doesn’t grow in isolation; it thrives through shared experiences and learning. Consequently, we are relentless in our pursuit of software solutions that simplify your journey, making your business operations smoother, not just for today but also for the future and beyond. At Exact, we firmly believe in growing together.

What is exact software : three exceptional highlights

Now, let’s delve into the latest spring release from Exact, where innovation continues to reign supreme. Tom Van Velzen, our esteemed Product Manager for our cutting-edge software for accountants and bookkeepers, is here to unveil three exceptional highlights.

PC2 for Accountants:

PC2 is a ubiquitous presence in the industry, and Exact is excited to introduce improvements that will revolutionize how you work with it.

Reporting Enhancements in My Office:

We understand the importance of seamless reporting for accountants. Our latest enhancements ensure you can effortlessly share reports with your clients, enhancing communication and clarity.

Office Environment Enhancement:

Managing client relationships and workflows can be challenging. Exact has revamped its software to give accountants and bookkeepers more control, simplifying CRM and relationship management.

Let’s take a closer look at these highlights.

Bank Links Monitor:

Keeping track of bank links across administrations has never been easier. Exact Online’s Bank Links Monitor provides a comprehensive overview of your bank links, their statuses, and expiry dates, streamlining efficiency in financial transactions.

Improved Reporting:

Exact Online’s enhanced reporting features allow you to create, customize, and share dashboards and budgets seamlessly. You can provide your clients with a clearer, more visually engaging insight into their financial data.

CRM Simplified:

Exact Online now simplifies CRM by allowing you to link clients to their financial administrations effortlessly. With features like marital status updates and a dedicated client card, you have more control and better information at your fingertips.

As we continue to innovate and improve, Exact remains committed to helping businesses thrive through collaboration and technology. These innovations are just the beginning, with more exciting developments on the horizon.

For a comprehensive overview of our latest innovations, visit our customer portal. We’re dedicated to working hard to empower your business success. Thank you for joining us, and stay tuned for more exciting updates from Exact.

Exact Online’s New Features: Simplifying Online Accounting for Businesses

In the ever-evolving world of online accounting, staying up-to-date with the latest tools and improvements is crucial for businesses. Mark Scheuten, the face behind Exact Online, presents a series of much-anticipated updates in this informative article that promise to revolutionize the way businesses manage their finances. From handling company buildings to optimizing cost processing in VAT returns and enhancing PC bank connections for ABN AMRO and ING, Exact Online is at the forefront of streamlining accounting processes.

Streamlining Depreciation for Company Buildings:

One significant challenge in accounting is the depreciation of assets. Company buildings, however, come with unique rules. Scheuten explains that with company buildings, depreciation is allowed down to a specific floor value, unlike other assets where the residual value can vary based on factors such as the WOZ value, building use, and tax schemes. Exact Online has now introduced a feature to address this, making it easier for accountants and entrepreneurs to manage multiple business premises efficiently.

Automating Commercial Building Farewell Process:

Farewelling a commercial building from your books can be complex, especially when associated costs are involved. Scheuten illustrates how Exact Online has automated this process, simplifying the management of sales and purchasing lines within a single sales booking. This automation eliminates VAT-related complications, ensuring seamless tax return filings.

Effortless Cost Tracking and VAT Returns:

Accounting for costs and VAT returns is often a headache for businesses. Scheuten demonstrates how Exact Online now allows users to specify which Chromebook account is subject to VAT, simplifying the reconciliation process. This feature ensures that payments are easily reconciled in one go, saving time and reducing errors in the accounting process.

Revamped PC Bank Connections:

Linking bank accounts to accounting software is essential for efficiency. Exact Online has introduced a new generation of bank links based on PC2 (Payment Service Directive 2), providing real-time access to bank transactions. ABN AMRO customers will also benefit from the ability to make online payments and collections directly from Exact Online, making financial management even more convenient.

Getting Started with PSVANG Link:

Scheuten provides a step-by-step guide to get started with the PSVANG link, emphasizing the importance of proper verification and account access. This feature expands Exact Online’s reach, making it compatible with almost all Dutch banks.

Exact Online’s recent updates are a game-changer for businesses in the realm of online accounting. From simplifying depreciation for company buildings to automating farewell processes for commercial buildings and streamlining cost tracking and VAT returns, these improvements ensure that accounting is more efficient and error-free. The revamped PC bank connections further enhance the user experience. With Exact Online, businesses can confidently navigate the complexities of accounting while saving valuable time and resources.

Exact Online’s Premium Edition: Elevating Your Accounting Experience

Welcome to the winter release of Exact Online, where Arie Genaugeluk, the Commercial Director of Exact, brings you exciting news. The accounting software has just unveiled its fourth edition – the Premium Edition. Tailored for growing companies seeking increased efficiency and global accessibility, this release promises to redefine the way businesses manage their finances. we’ll explore the new multicompany features and get a sneak peek into the flexibility Exact Online offers.

what is exact software

Central Hub for Multicompany Efficiency:

One of the key challenges for accountants is managing multiple administrations across various companies. With the Premium Edition, Exact Online introduces a Central Hub, designed to simplify complex relationships, open item overviews, payment processing, and bank balance tracking. This centralization ensures that users can seamlessly access information from different administrations.

Streamlining Relationships:

Navigating relationships between customers and suppliers across multiple administrations can be daunting. The Premium Edition’s Central Hub provides a smart solution by grouping relationships, making it easy to identify connections and access the relevant administration for quick adjustments or overviews.

Efficient Open Item Overviews:

Accountants often struggle to gather insights into open items across various administrations. The Premium Edition offers a unified view, allowing users to check the status of open items without switching between administrations. This streamlined approach improves efficiency and simplifies the reconciliation process.

Simplified Payment Processing:

The Premium Edition also streamlines payment processing. Users can now select payments based on payment date across administrations, eliminating the need to constantly switch between different company profiles. This feature speeds up payment handling and enhances user productivity.

Bank Balances Everywhere:

Tracking bank balances across multiple accounts or administrations is now effortless with the Premium Edition. Users can easily access the latest balance information and take immediate actions, such as processing outstanding statements, without switching between different company profiles.

What Lies Ahead:

Exact Online has ambitious plans for future updates. Users can look forward to features like Premium Connect, enabling the linking of existing portals to Exact Online. Standard dashboards for analysis and graphical representation will be provided for quicker insights. Business process automation tools will further streamline accounting tasks, while enhanced flexibility will allow users to customize software screens according to their preferences.

Exact Online’s Premium Edition is a game-changer for businesses seeking enhanced efficiency and flexibility in their accounting processes. With a Central Hub, streamlined relationship management, efficient open item overviews, simplified payment processing, and easy bank balance tracking, it offers a comprehensive solution for businesses with multiple administrations. As Exact Online continues to innovate, users can anticipate even more features that will elevate their accounting experience. Stay tuned for a more efficient and flexible way to manage your finances with Exact Online’s Premium Edition.

what is exact software

Exact Online Production: Introducing the Powerful Premium Edition

In the world of modern manufacturing, efficiency and precision are things that cannot be taken for granted.. To meet the evolving needs of production companies, Exact Online has introduced the Premium Edition, an advanced solution designed for growing companies with complex processes and high transaction volumes. In this article, we’ll delve into the remarkable features and capabilities that the Exact Online Premium Edition offers to production companies.

Optimizing Production and Delivery:

Production companies are constantly challenged to produce and deliver products efficiently. Customer expectations are at an all-time high, demanding timely deliveries with precise specifications and competitive prices. The Premium Edition of Exact Online equips production companies with extensive functionalities to meet these demands, making their operations smarter and more efficient.

Enhanced Insights and Customization:

One of the standout features of the Premium Edition is its built-in customizable dashboards. These dashboards offer deeper insights into company performance, covering areas like sales, purchasing, stock, and production. Users can even tailor these dashboards to align with their specific business requirements, ensuring that information is presented in the most relevant way.

Streamlined Purchasing:

The Premium Edition boasts numerous new functions, including stock reservations and advanced material requirement planning (MRP). Stock reservations enable companies to fulfill customer promises even when the physical stock is available but reserved for a specific customer. Advanced MRP dives deep into parts lists, helping companies determine what items to order, when, and in what quantities. This ensures optimal production and procurement, considering factors like optimal order quantities and lead times.

In the world of modern manufacturing, efficiency and precision are things that cannot be taken for granted.

Flexible Replenishment Strategies:

Exact Online’s Premium Edition allows companies to customize replenishment strategies for each item and warehouse. Users can specify whether items should be replenished based on actual need, trigger levels, or maximum stock levels. They can also account for factors like weekends, safety days, and more. This level of flexibility ensures companies maintain optimal stock levels without excess or shortages.

Efficient Process Automation:

Managing exceptions is crucial for efficiency. The Premium Edition offers robust process automation capabilities, allowing companies to define conditions that trigger automated actions. For example, companies can automate the approval process for orders with large quantities or orders from specific suppliers. By automating routine tasks, employees can focus their time and attention on handling exceptions, saving valuable time and reducing errors.

Exact Online’s Premium Edition for production companies is a game-changer in the world of manufacturing. With its emphasis on optimization, customization, and process automation, it empowers growing production companies to meet the demands of today’s competitive market. From providing deep insights through customizable dashboards to streamlining purchasing, replenishment, and process automation, the Premium Edition ensures that production companies can operate efficiently and deliver on their promises. It’s a powerful tool for those looking to scale their operations and stay ahead in the dynamic world of manufacturing.

what is exact software

Enhancing Your Business Control: what is exact software Online Trading and Production Winter 2023 Release

Welcome to the latest winter release of Exact Online Trading and Production! I’m Norm Willems, and in this article, I’ll walk you through the exciting new features we’ve added to Exact Online Trading and Production for the Winter 2023 release. We’ve focused on three key innovations that will empower your business and streamline your operations.

Order Approval System:

Managing your orders efficiently is essential, and with this release, we’ve made it even more straightforward. This feature allows you to assign specific individuals within your company as order approvers, ensuring a meticulous review process before any orders are processed.. These approvers ensure that orders are scrutinized before they are placed, preventing errors and overspending. You can find this feature under “Master User Roles” and select “Purchasing.” By having orders approved before processing, you gain greater control over your purchasing process.

Inco-terms Integration:

If your business deals with international trade and shipping, you’re likely familiar with Inco-terms, the global standards for defining responsibilities during international transport. In this release, we’ve seamlessly integrated Inco-terms into Exact Online Trade and Production Professional. You can now easily record Inco-terms on both the purchasing and sales sides. This clarity in communication ensures everyone involved knows their responsibilities during transport, preventing any misunderstandings or disputes.

Sales Channel Insights:

Do you operate through multiple sales channels? Understanding which channel generates the most revenue is crucial for strategic decision-making. With our latest update, you can now link sales channels to sales orders, providing you with a clear view of your sales performance by channel. Whether you’re selling via online marketplaces, web shops, or email, you can track and analyze sales data more effectively. This insight allows you to adapt your strategies and allocate resources where they matter most.

what is exact software

To get started with these features, simply navigate to the respective sections within Exact Online Trading and Production. For order approval, manage user roles under “Master User Roles.” For Inco-terms, you can record them when creating quotations, orders, or sales orders. And for sales channel insights, set up and link your sales channels in the “Master Data Sales” section.

Conclucion what is exact software

the Winter 2023 release of Exact Online Trading and Production empowers your business with enhanced control over orders, clarity in international transactions, and valuable insights into sales channels. We believe these additions will help your company excel in the competitive market.

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