Exact

Exact is cloud-based business software with various financial solutions, including expense management, on offer. Aimed at streamlining accounting, payroll, and company spending processes, the platform caters to more than 550,000 organizations worldwide.

Exact Products:

1. Exact SXRP.

Exact SXRP is the platform's expense management software, built to automate and optimize spending reports, approvals, and reconciliations. With a single, centralized dashboard from which to manage allowances and expenses, the software gives users complete control over company spending.

Credit card transactions are automatically matched with the corresponding receipt based on location, amount, and currency, creating accurate and error-free reports. Other automation tools include mileage calculations, claim exporting, and approval workflows.

2. Exact for Accounting.

Exact offers robust accounting services tailored to startups, small companies, and established businesses. The software features an accounting robot that automates tedious administrative tasks, such as automated bank links and electronic invoicing for quick and easy payments and reconciliations.

Construction, logistics, and manufacturing companies can link the software to industry-specific extensions for advanced order management or production planning. Users can also access and manage important data from a laptop, smartphone, or tablet for centralized task viewing.

3. Exact for Payroll.

Exact's payroll services ensure that an organization's payroll processing integrates seamlessly with their accounting software, avoiding double entries and ensuring accurate pay slips are sent out on time.

Available as a standalone product or add-on accounting service, the software includes payroll processing, expense allowance regulation, payroll reports, leave and absence recording, document management, employee self-service portals, and automated workflows.

4. Exact for Manufacturing.

Exact's ERP software offers users a single solution to manufacturing processes, stock taking, relationship management, and accounting. Its tools help streamline invoicing, purchasing, quote preparation, sales forecasting, capacity planning, inventory management, and batch number recordings.

Advanced services include multiple warehouse coverage, digital order picking, financial consolidation, international payments, and business intelligence.

5. Exact for Wholesale Distribution.

Exact's inventory management software is ideal for companies expanding their products or services, building a new warehouse, or looking to gain a foothold in the international market. The solution integrates with accounting and CRM services for maximum efficiency and advanced insight into the entire supply chain.

Companies can use the service to gain full control of their inventory and stock management processes, along with robust delivery performance reporting and purchasing analytics. The software is also mobile-optimized, ensuring teams can access important information on the go.

6. Other Products.

Exact offers an additional suite of products for companies in need of time tracking, project management, and purchasing tools. The project management solution is ideal for budget monitoring, capacity planning, and project data reporting, while the time tracking service features advanced time reports, project overviews, and hourly rate management.

The platform's purchase-to-pay software offers users advanced contract management tools, budget control, and detailed reports for a clear and streamlined purchase process. The service includes cost control, expense planning, approval workflows, document management, and invoice processing.