Exact Global is an ERP for global manufacturing companies, from global company Exact Software headquartered in the Netherlands.
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Microsoft Dynamics SL
Score 5.2 out of 10
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Microsoft Dynamics SL is one of the ERP products in the Dynamics family.
This product was acquired from Solomon 2000.
The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.
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Sage 500
Score 6.5 out of 10
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Sage 500 ERP includes accounting and finance, distribution and supply chain, and manufacturing operations support modules. The latest Sage 500 release includes accounts payable enhancements, credit card processing, and general updates, as well as updates to the solution's modules.
Exact Global served EWS’s purpose of streamlining global core financial processes per industry best practices in one e2e solution better than other products evaluated on multiple parameters - cost, ease of setup, flexibility and suiting the use cases better. Exact Global has …
I've used other ERP systems in large organizations, one custom and one SAP. SAP is a very powerful suite of software, but comes at a price point that is unobtainable for many smaller companies. Exact is more realistic and accessible for smaller companies that are not …
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great …
MIP is a more robust product with more comprehensive modules that is tailored toward a non-profit accounting environment. The reporting and GL analysis features on MIP is also a lot more robust than Dynamics SL and the interface within MIP is designed to tailor to user needs. …
Dynamics SL provides built in complex project accounting flexibility with the benefit to accommodate additional complexity with customization tools to enhance the system capabilities and fill requirement gaps either as to process, reporting, or controls.
I have been on this product for 17 years. I have worked with Great Plains and have worked with products in the Health Care industry and believe this product pulls in all the main functionality into basic core modules and allows users to quickly grasp how to use the product. …
Of the comparable mid-range ERP systems, Dynamics SL competes at the lower end based on price, but also above the high-end based on flexibility, data, and reporting. Being able to stay with the same core accounting from a $100 million dollar company to a $3 billion dollar …
They were both pretty easy to use, but I started using Microsoft Dynamics SL so it was a matter of knowing and becoming familiar with this program first. I became very accustomed to the modules and how to navigate the program.
I have used QuickBooks when I was in college and I did enjoy it mainly because that was my first experience with an accounting product like that. I did not switch to Microsoft Dynamics; it was the product used in the first company I received a job in. Although I did not select …
QuickBooks is not a bad solution, but it is typically used by smaller companies since it is not a true, auditable accounting system. Dynamics is much more robust than QuickBooks and handles complex accounting much better.
FinancialForce may be a good option if you are looking …
QuickBooks is a good entry point software. Dynamics is the next logical progression in a company's growth. Dynamics SL will allow for rapid growth and provide the necessary controls that QuickBooks is lacking.
I have evaluated many competitive products in the past. Dynamics Nav, Mass90, Dynamics GP, Platinum and others. This product is ahead in TCO and flexibility. Since the customization uses standard Microsoft tools (VBA, Visual Studio, and MS SQLServer, Object Model) it is much …
SL is lacking in various places for a direct sales type of company plan. Currently, we are looking into other options and have decided on Microsoft Dynamics AX as a solution. The move to AX will allow us to keep ordering in one system instead of two (right now we are forcing SL …
We used Connectwise, which did a good job costing function, but had to be periodically integrated and lacked some reporting capability. We looked at GP but it does not have good project accounting, so it was not a good fit for our company. We looked at NAV but there was too much …
We selected Dynamics SL because our business lives and dies by the success of our projects. A product that can tell you that you have a problem before you invoice, helps you get your project back on track much better. It's also much easier to evaluate across projects, tasks and …
Quickbooks is more user friendly and intuitive but can be clunky when dealing hard chunks of data. Morever, I did not operate a cloud based solution like Intacct and this is key in my report.
Sage is by far the worst program I have ever used in the construction industry. It has the capability to be a wonderful program for an entire organization but it severely lacks user interface. For instance, Their field reports section has a character limit. That's …
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.
For a smaller company I can see this being a realistic solution. The cost is relatively low, complexity and install isn't too painful, and it's not difficult to use for the most part. As a large enterprise ERP system I believe this is a bit too simple. It is a cheaper alternative but would be hard to use if we were much larger.
In the service series, there is a weakness in applying revenue recognition concepts which are a strong point of the project series. It is difficult to get a period sensitive WIP that could be recreated at any time for a point in time (fiscal period).
Sage is wonderful for payroll and employee management. Although it has the capabilities to be a one-stop-shop program, it seriously lacks the interface necessary for wide use. I've had to consult Sage professionals on numerous occasions to explain and walk me through the program as there are so many redundancies. This program has wonderful potential, but they need to update the software and user interface before I can recommend it to any colleague.
Inventory, Item Data, Purchase, Order, General Ledger, Number & Document Settings are seamlessly setup in Exact Global
Core processes of Purchase Management (PO process), Inventory Management (Inventory Costing, Sales Process, Interbranch Transfers, Stock Count), Sales Order Management (Creating, Maintaining, Printing, Fulfilling Sales Orders) are managed at a click of a button in Exact Global
EWS Growers (customer), supplier and items data are managed seamlessly in Exact Global for various financial processes setup
Ability to add companies, and sub-accounts on the fly allows for the growth of the system without conversions, and flexible reporting allows for the quick utilization of the data.
Multi-Company allows for easy and automated data entry and reporting across multiple legal entities and business segments.
Multi-Company also allows for easy centralization of business processes (AP check writing and Fixed Assets for example), while spreading data entry across the enterprise.
Ability to Copy/Paste into Dynamics SL has always been a strength- especially from Excel. The additional power of being able to use Excel for a myriad of calculations, including complex allocations, and formatting the result into a JE to paste directly into the Journal Entry Screen has saved countless hours in data-entry, and made re-use of complex items very easy.
The necessity to buy individual modules to fit specific needs is a bit of a pain, it feels like you're being nickle and dimed.
Revision control on bills of material and parts is not intuitive or easy. We have not purchased the engineering change module, but it appears it may be needed to really implement this.
It's difficult to transfer engineering models from popular solid modeling software, requiring a third party solution to really make the transfer work as designed.
When we have a lot of invoices rather than just a few large invoices, we can be frustrated by how long it takes Flexible Billings to generate a lot of invoices
It would be nice if Dynamics SL had an easy integration to some of the nicer salestax tools such as Avalara and CCH.
It would be nice if the fixed assets module and electronic banking were not third party.
The application is very functional, but the interface is a little "stale" compared to more modern applications.
The underlying client software is written in an old version of Microsoft Visual Basic. I suppose SOME DAY, Microsoft will be discontinuing, although Microsoft has its own ERP software written in that same code.
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
Exact Global is a strategic tool for financial core processes operations at EWS. It is integrated with ERP to seamlessly deliver key processes like O2C, P2P etc. and very well liked by users for its ease of use and flexibility of data moving across different systems. Exact Global is a part of EWS’s enterprise architecture and roadmap aligned to PACE strategy for achieving business objectives
SL itself is relatively easy to use and most of the Help Files documentation is well kept and outstanding in the amount of information that is given. Most end users pick up the functions quickly and are off and running after some limited training. There will always be questions and research to be done, but overall SL is relatively easy to follow for a seasoned user
I have been using Intacct for almost 10 years in 2 different companies and I just simply love it. I tried SAP (GUI) and Netsuite and they dont come close to what Ive seen.
We have had only one unplanned outage for 2 hours in the last 30 months. We shut down for 30 min to 1 hour once a month, but that is for Microsoft OS updates to the servers. Being a 24/7 world wide operation, the reliability is really important. We do get an 8 hour window on the weekend that we can be down for a short period to install Microsoft Dynamics SL updates, but we do not have many of those. On our last version upgrade, we shut the users out at 9:30 am and were fully operational in less than 6 hours. The upgrade was New SQL server, New SL server and 2 new Citrix servers.
Receive Great support from Exact Global team. Timely response and resolution by the vendor and never breach on SLAs - it’s a support team’s dream to support Exact Global.
Many times support will tell you that your issue is an identified bug and will be scheduled in the future to be fixed in a future release. The knowledgebase has gotten worse in recent years and much more difficult to use. many times you can't find the error during the search
Just to let it take its course. The implementation for me once I became a part of my former organization was pretty seamless. Just get to know the basics and call the support team to ask questions if you need help on an issue, should they arise. They are ready, willing, and able to help!
Keep your database and application in different servers. Install Microsoft Office on your application server so you can use some of the data analysis tools in Sage.
Exact Global served EWS’s purpose of streamlining global core financial processes per industry best practices in one e2e solution better than other products evaluated on multiple parameters - cost, ease of setup, flexibility and suiting the use cases better. Exact Global has integrated well with our ERP for a seamless delivery of core financial processes
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great Plains and Peachtree (now Sage 50) and we discovered that they were rather complicated for our users. They were not as easy to maneuver and manipulate as SL and we felt that SL was much more "user friendly" and simplified, but still able to produce the same results.
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.