Exact Holding BV Strengths, Domain Expertise, and Key Differentiators
Founded in 1984, Exact has built a global footprint with an extensive portfolio of ERP and back-office applications.
In the Benelux region, its presence is keenly felt among small and midsized businesses in professional services, manufacturing, and wholesale&distribution verticals that have turned to Exact for their financial management, payroll, and operations management needs. Riding on that strength, Exact has been bulking up its Cloud sales through Exact Online.
Exact Holding BV Recent Developments
In November 2020, Exact unveiled Globe+, a new solution that builds on Exact's leading ERP solution Exact Globe. Globe+ is completely renewed technologically, it lays a new foundation for future innovations and provides a significantly enhanced user experience.
In November 2018, Exact acquired the ProQuro. The addition of ProQuro’s purchase-to-pay capabilities will allow Exact customers to integrate both their financial and procurement processes, to gain tighter control over overspending.
In October 2018, Exact launched Exact Online Manufacturing Premium Cloud business software, with sophisticated materials planning and support for the efficient use of multiple warehouse locations. The advanced features of this new edition help manufacturers shorten lead times and drive out costs.
In 2017, Exact acquired the French software vendor Dièse Finance and later the administration software company Reeleezee in the Netherlands. Later that year, Exact sold their American division including Macola, JobBOSS, and MAX to ECi Software Solutions.
Exact Holding BV Mergers and Acquisitions (M&A) Activities
In July 2021, Exact acquired go2UBL to support customers to further digitize their business processes. go2UBL is a specialized software provider that converts scanned documents into Universal Business, Language (UBL) format which can be used in accounting programs. By embedding the go2UBL software, Exact can better serve its customers’ need to process scanned documents in Exact Online and throughout the rest of the portfolio.
In April 2021, Exact acquired Gripp, a provider of SaaS business software for professional service companies. The acquisition massively expands Exact’s range of Professional Services solutions for the fast-growing Professional Services Automation (PSA) market in the Benelux. This acquisition is in line with Exact's ambition to intensify its growth in the services sector.
In September 2020, Exact is acquiring Officient, the Belgian HR software provider. This acquisition allows Exact to offer a broader suite of integrated solutions with the addition of automated HR process support.
In September 2020, Exact acquired Unit4 Bedrijfssoftware, Unit4’s branch serving the Dutch and Belgian accountancy, SME, and corporate sectors.
In January 2019, Exact acquired the SRXP the Dutch market leader in Expense Management cloud software. As such, Exact expands its possibilities for cost control and efficiency in SMEs, making the employee reporting and declaration process more efficient.
In December 2019 Exact acquired WinBooks, a Belgian accounting and business management software company, from operational shareholders and Vectis Private Equity. The combination of the two businesses in Belgium creates a best-in-class accounting and business software solutions provider and confirms Exact’s commitment to invest in serving the needs of accountants and SMEs in Belgium. In particular, this acquisition allows Exact to significantly strengthen its presence and market reach beyond Flanders, in Brussels and Wallonia, where WinBooks is a well-established business and has a market leadership position.
Exact Holding BV Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Exact Holding BV applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Exact Holding BV and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Exact Online, Exact Globe, Exact Synergy, customers.
Exact Holding BV Overview
Ownership: - Eiger Acquisition B.V. (a wholly owned subsidiary of certain funds advised by Apax Partners
Number of Employees: 1850
Functional Markets: CRM, EPM, ERP Financial, ERP Services and Operations Management, HCM, PPM, Procurement, SCM, PaaS,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K109, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Exact Holding BV Key Enterprise and Cloud Applications
Exact Online, Exact Globe, Exact Synergy,
Exact Holding BV Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Exact Holding BV Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Exact Holding BV Enterprise Applications Revenues By Functional Markets, $M:
Exact Holding BV Enterprise Applications Revenues By Verticals, $M:
Exact Holding BV Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Exact Holding BV Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Exact Holding BV Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Exact Holding BV Customers
No. of Exact Holding BV Customers: 16000
No. of Exact Holding BV Enterprise Applications Customers: 16000
No. of Exact Holding BV Cloud Customers: x
No. of Exact Holding BV Cloud Subscribers: 550000
Exact's innovative software solutions help more than 9,900 accountants manage the finances of small and mid-size enterprises and provide over 550,000 small businesses with high-value-add solutions in the cloud. Exact's mid-market enterprise resource planning solutions are also used by over 16,000 mid-sized firms, with a choice of cloud or on-premise deployment. The company's integrated software suite includes Financial Management, Logistics, CRM, HR, and Payroll.
Among its customers are Arai, Suit Supply, Agrifac Machinery, CUBE bikes, RB Motoren, greenSand, Brouwer&Oudhof, and others.
Exact Holding BV Market Opportunities, M&A and Geo Expansions
In August 2021, Exact expanded its leadership team with the appointment of three new senior members. Crissy Burgemeestre has started as Legal Affairs Director, Rick Molenaar has been appointed as Technology Director and Annemarije Dérogée is the new Head of Corporate Communications. Furthermore, Louise Meijer has joined as Chief Marketing Officer.
In June 2021, Silver Lake makes a minority investment in Exact. This investment is in partnership with the management team, led by CEO Paul Ramakers, and the company’s existing investor, KKR, which will remain the majority shareholder.
In June 2019 Exact, the provider of cloud financial and business management software for SMEs increased its focus on the construction industry through the acquisition of bouw7, the leading Benelux cloud software provider for SME construction companies.
In July 2018, Exact acquired Parentix, a leading provider of cloud services in the Netherlands. Both companies have a long-standing partnership, working together to provide cloud services and expertise to customers opting for cloud deployment of Exact Globe and Synergy and additional add-on business applications.
In July 2018, Exact introduced Exact HR-Payroll Plus for small to medium-sized businesses. Exact expands its Exact Globe and Exact Synergy product family with a specific focus on the Dutch HR & payroll market and continues to increase its rate of innovation.
In April 2018, Exact is introducing a wave of major innovations. Its new Spring ‘18 Release introduces Exact Online My, extended payroll capabilities and dashboarding for small business and accountancy customer collaboration, as well as increased productivity through Social Collaboration for mid-market customers using Exact Globe and Exact Synergy.
The company has also joined the Amazon Web Services Partner Network to offer new cloud deployment capabilities for Exact Globe and Exact Synergy. Furthermore, ahead of the deadline, all of Exact’s solutions now include rich functionality for the General Data Protection Regulation (GDPR), the sweeping new EU data protection regulation.
Exact Holding BV Risks and Challenges
In August 2018, Jeroen van der Heijden was announced as Chief Technology Officer (CTO) of Exact. In this role, he is responsible for driving technology innovation as well as software development for Exact’s current and future products.
Exact’s online push is a work of progress. Since Exact sells to a fair number of mixed-mode manufacturers with strict business process and quality production requirements, their willingness to migrate from their legacy systems to Cloud-based applications will test the vendor’s ability to change buyer’s behavior through product innovation, better customer experience, flexible pricing, and proven results.
Exact Holding BV Ecosystem, Partners, Resellers and SI
Exact primarily sells direct in Europe and the Americas, augmenting that with indirect sales in other markets. It has strategic partnerships with Microsoft, SAP Business Objects, Rabobank, Rackspace, Qlick, Progress, Scan Sys, Outperform, Optimizers, Preactor, Technical University of Delft.
Exact Holding BV Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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