Exact Online - Not for the small business (and also not for the bigger ones).
March 13, 2020

Exact Online - Not for the small business (and also not for the bigger ones).

Mike Koolwijk | TrustRadius Reviewer
Score 4 out of 10
Vetted Review
Verified User

Overall Satisfaction with Exact Online

We used it for our bookings and CRM. Right now some of our clients use it and we help with API connections/migration/or setup. By automating bookings with other systems, or connecting it with order systems and use it as a ERP solution.

Sadly it does not address business problems, because most clients want to switch over to other systems. Exact Online has many flaws and for my feeling falls greatly behind the competition. I tried to like it but no.

Pros

  • Complete pack with many options, use it as CRM, ERP or simply for your bookings.
  • Many connections with external programs, webshops, etc.
  • Automatic backups.

Cons

  • 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.
  • 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.
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.
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...

Exact Online Feature Ratings

Accounts payable
7
Accounts receivable
7
Global Financial Support
5
Primary and Secondary Ledgers
5
Journals and Reconciliations
6
Configurable Accounting
7
Standardized Processes
8
Billing Management
7
Cash and Asset Management
7
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
Not Rated
Period Close
7
Inventory tracking
7
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
7
Order entry
7
Credit card processing
Not Rated
Cost of goods sold
6
Order Orchestration
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
4
Standard reports
6
Custom reports
4
API for custom integration
8
Plug-ins
7
Role-based user permissions
8
Single sign-on capability
8
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
8
Project Costing
8
Cost Capture
7
Capital Project Management
7
Customer Contract Compliance
6
Project Revenue Recognition
7
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated

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