Exact Online vs. M1

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Online
Score 7.5 out of 10
N/A
Exact Online is a configurable, cloud-based multi-purpose Enterprise Resource Planning (ERP) Suite from global company Exact Software, headquartered in the Netherlands.
$158
per month
M1
Score 7.5 out of 10
N/A
M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.N/A
Pricing
Exact OnlineM1
Editions & Modules
Exact for Time & Billing
$158
per month
Exact for Wholesale Distribution
237-554
per month
Exact for Project Management
316-369
per month
Exact for Manufacturing
422-739
per month
No answers on this topic
Offerings
Pricing Offerings
Exact OnlineM1
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Exact OnlineM1
Features
Exact OnlineM1
Customization
Comparison of Customization features of Product A and Product B
Exact Online
7.5
1 Ratings
1% above category average
M1
7.4
18 Ratings
0% below category average
API for custom integration8.01 Ratings7.415 Ratings
Plug-ins7.01 Ratings7.411 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Online
8.0
1 Ratings
4% below category average
M1
8.3
27 Ratings
0% below category average
Single sign-on capability8.01 Ratings8.715 Ratings
Role-based user permissions8.01 Ratings8.027 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Exact Online
4.7
1 Ratings
43% below category average
M1
7.4
28 Ratings
1% above category average
Dashboards4.01 Ratings7.626 Ratings
Standard reports6.01 Ratings7.328 Ratings
Custom reports4.01 Ratings7.227 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Exact Online
6.9
1 Ratings
10% below category average
M1
7.7
26 Ratings
1% above category average
Accounts payable7.01 Ratings8.025 Ratings
Accounts receivable7.01 Ratings7.726 Ratings
Global Financial Support5.01 Ratings7.79 Ratings
Primary and Secondary Ledgers5.01 Ratings7.816 Ratings
Journals and Reconciliations6.01 Ratings7.221 Ratings
Configurable Accounting7.01 Ratings7.518 Ratings
Standardized Processes8.01 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Online
7.0
1 Ratings
12% below category average
M1
8.2
26 Ratings
4% above category average
Inventory tracking7.01 Ratings8.426 Ratings
Automatic reordering00 Ratings8.415 Ratings
Location management00 Ratings7.721 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Exact Online
6.7
1 Ratings
15% below category average
M1
8.0
26 Ratings
3% above category average
Pricing7.01 Ratings7.926 Ratings
Order entry7.01 Ratings8.326 Ratings
Cost of goods sold6.01 Ratings8.017 Ratings
Credit card processing00 Ratings7.710 Ratings
Order Orchestration00 Ratings8.113 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Online
6.7
1 Ratings
11% below category average
M1
7.2
21 Ratings
4% below category average
Billing Management7.01 Ratings8.420 Ratings
Cash and Asset Management7.01 Ratings7.917 Ratings
Period Close7.01 Ratings7.921 Ratings
Travel & Expense Management00 Ratings5.09 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings6.813 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Exact Online
6.7
1 Ratings
12% below category average
M1
-
Ratings
Budgeting and Forecasting8.01 Ratings00 Ratings
Project Costing8.01 Ratings00 Ratings
Cost Capture7.01 Ratings00 Ratings
Capital Project Management7.01 Ratings00 Ratings
Customer Contract Compliance6.01 Ratings00 Ratings
Project Revenue Recognition7.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Exact Online
-
Ratings
M1
6.6
8 Ratings
11% below category average
Pay calculation00 Ratings7.08 Ratings
Benefit plan administration00 Ratings5.13 Ratings
Direct deposit files00 Ratings7.75 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Online
-
Ratings
M1
6.3
16 Ratings
10% below category average
Project Planning and Scheduling00 Ratings7.816 Ratings
Task Insight for Project Managers00 Ratings8.010 Ratings
Project Mobile Functionality00 Ratings4.67 Ratings
Definable Resource Pools00 Ratings4.99 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Exact Online
-
Ratings
M1
2.7
2 Ratings
92% below category average
Award Lifecycle Management00 Ratings2.72 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Online
-
Ratings
M1
7.2
18 Ratings
3% above category average
Bids Analyzed and Compared00 Ratings6.57 Ratings
Contract Authoring00 Ratings7.84 Ratings
Contract Repository00 Ratings6.76 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings7.810 Ratings
Supplier Management00 Ratings7.418 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Exact Online
-
Ratings
M1
5.7
4 Ratings
15% below category average
Risk Repository00 Ratings6.72 Ratings
Control Management00 Ratings6.44 Ratings
Control Efficiency Assessments00 Ratings5.24 Ratings
Issue Detection00 Ratings4.73 Ratings
Remediation and Certification00 Ratings5.23 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Exact Online
-
Ratings
M1
4.2
10 Ratings
48% below category average
Transportation Planning and Optimization00 Ratings2.44 Ratings
Transportation Execution Management00 Ratings2.74 Ratings
Trade and Customs Management00 Ratings5.13 Ratings
Fulfillment Management00 Ratings5.28 Ratings
Warehouse Workforce Management00 Ratings5.78 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Exact Online
-
Ratings
M1
7.1
27 Ratings
4% below category average
Production Process Design00 Ratings6.019 Ratings
Production Management00 Ratings7.322 Ratings
Configuration Management00 Ratings7.119 Ratings
Work Execution00 Ratings7.720 Ratings
Manufacturing Costs00 Ratings7.626 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Exact Online
-
Ratings
M1
7.6
20 Ratings
6% above category average
Forecasting00 Ratings7.114 Ratings
Inventory Planning00 Ratings7.620 Ratings
Performance Monitoring00 Ratings8.115 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Exact Online
-
Ratings
M1
6.2
9 Ratings
15% below category average
Proposal Management00 Ratings5.16 Ratings
Product Master Data Management00 Ratings7.39 Ratings
Best Alternatives
Exact OnlineM1
Small Businesses
Zoho One
Zoho One
Score 9.3 out of 10
Zoho One
Zoho One
Score 9.3 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Exact OnlineM1
Likelihood to Recommend
4.0
(1 ratings)
7.7
(30 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
6.3
(30 ratings)
Support Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Exact OnlineM1
Likelihood to Recommend
Exact Software
If you are a big company and have an active accountant then this system can be for you, it has many options but you need dedication. But the price starts from €39 and then you are not there...Most of the time you need other options to make it complete. Like ERP functions + €199~ want to book hours? +€129. And this is all per month... It goes up so fast that it's not interesting for small companies. When there are better options on the market that are even free...
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ECI Software Solutions
The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
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Pros
Exact Software
  • Complete pack with many options, use it as CRM, ERP or simply for your bookings.
  • Many connections with external programs, webshops, etc.
  • Automatic backups.
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ECI Software Solutions
  • Allows for component parts to be scheduled independently through the plant
  • Once parts are built, it is easy to duplicate/reuse parts across they quoting and ordering modules and customers
  • If used properly and consistently, M1 will provide accurate job cost analysis to determine estimating, training, efficiency and other issues.
Read full review
Cons
Exact Software
  • Support... It's bad, and when you want to stop or step back it's near impossible.
  • Price, they tend to increase it without warning, and with all the extras it goes up fast.
  • If you wanna spend all your time in accounting buy Exact... It can be complex and many handlings needs to be done.
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ECI Software Solutions
  • Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
  • We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
  • Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
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Usability
Exact Software
No answers on this topic
ECI Software Solutions
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
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Support Rating
Exact Software
No answers on this topic
ECI Software Solutions
Support has been great and timely
Read full review
Alternatives Considered
Exact Software
I would not select Exact Online, but I can direct you to better options. Due to the high price, getting behind the competition and support I would suggest options like Zoho Books for you bookings, or CyberStockroom as ERP. And here in the Netherlands e-boekhouden.nl is a real nice, cheap, and fast working booking platform for the smaller companies.
Read full review
ECI Software Solutions
M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
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Return on Investment
Exact Software
  • Negative: High costs and implement time turned 1 client in to the negative, and after 2 years of use wants to stop.
  • Positive: Once an ERP connection is running you can automate a lot in the process.
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ECI Software Solutions
  • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
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ScreenShots

M1 Screenshots

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