Exact Holding BV Strengths, Domain Expertise, and Key Differentiators
Exact's cloud software solutions represent a paradigm shift in how SMBs approach business automation. With its visionary leadership, seamless integration capabilities, domain expertise, and commitment to sustainability, Exact is poised to remain a driving force in the IT industry for years to come. As SMBs continue to navigate the complexities of digital transformation, Exact stands ready to empower them every step of the way. With over 675,000 companies already relying on Exact's software, it's clear that customer satisfaction is at the heart of everything they do. Exact's customer-centric approach is evident in its commitment to driving efficiency, empowering decision-makers, and fostering continued growth. By providing unparalleled support and training, Exact ensures that every customer maximizes the value of their investment.
Exact Holding BV Recent Developments
The introduction of Exact Globe+ heralds a new era of innovation and growth for Exact. With its cutting-edge features, unwavering commitment to customer satisfaction, and promising financial outlook, Furthermore, Exact's commitment to customer satisfaction shines through in its decision to make Exact Globe+ available to both new and existing customers. This inclusive approach not only expands the company's market reach but also reinforces its ethos of fostering long-term partnerships.
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.
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.
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 2022, the acquisition of Horeko represents a significant milestone for Exact as it expands its footprint in the hospitality sector, particularly in the Netherlands and Belgium. Horeko's innovative cloud-based software caters to the unique needs of medium and small companies within the hospitality industry, offering an integrated solution for managing kitchen operations and employee scheduling.
Exact's acquisition of Weclapp represents more than just a strategic maneuver—it epitomizes the ethos of adaptability, resilience, and innovation that defines the contemporary IT landscape. As the digital revolution continues to unfold at breakneck speed, companies must embrace change, embrace change, and embrace collaboration to thrive in an era of unprecedented disruption. With the amalgamation of Exact and Weclapp, the stage is set for a new chapter in the annals of enterprise software—one defined by synergies, solutions, and strategic foresight.
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 Financials, 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: 2050
Functional Market: Absence and Leave Management, Scheduling, Task Management, Time and Attendance, Core HR, Payroll,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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 Cloud and HCM Applications
Exact Financials, Exact Globe, Exact Synergy,
Exact Holding BV HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
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| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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:
Exact Holding BV HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Exact Holding BV HCM Applications Revenues By Verticals, $M:
Exact Holding BV Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Exact Holding BV Direct vs Indirect sales
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| 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 HCM Applications Customers: x
No. of Exact Holding BV Cloud HCM Customers: x
No. of Exact Holding BV Cloud HCM Subscribers: 675000
Exact's extensive customer base is a testament to the value and efficacy of its software solutions. With over 9,900 accountants relying on Exact to manage the finances of small and mid-size enterprises, and more than 675,000 small businesses benefiting from cloud-based solutions, Exact has emerged as a preferred choice for businesses of all sizes. Moreover, Exact's footprint extends across diverse industries, including manufacturing, retail, agriculture, and automotive. From Arai and Suit Supply to Agrifac Machinery and CUBE bikes, Exact's solutions resonate with companies spanning various sectors, showcasing their versatility and adaptability. Geographically, Exact boasts a global presence, with customers distributed across regions. Whether it's Europe, North America, Asia-Pacific, or beyond, Exact's solutions transcend borders, enabling businesses to thrive in an interconnected world.
Exact Holding BV Market Opportunities, M&A and Geo Expansions
At the nucleus of Exact's growth ethos lies a profound sense of corporate stewardship. The articulation of a robust Responsible Business Program underscores its holistic approach towardIn an era characterized by burgeoning digital interconnectedness, cybersecurity, and data privacy emerge as paramount concerns. Exact's proactive stance in fortifying these realms underscores its unwavering commitment to safeguarding the digital ecosystem. By fostering awareness and imparting knowledge, Exact assumes the role of an industry steward, catalyzing a collective paradigm shift towards enhanced cyber resilience. The integration of robust data protection frameworks not only bolsters customer trust but also fortifies Exact's positioning as a custodian of data integrity and privacy rights.
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.
Exact Holding BV Risks and Challenges
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's strategic expansion through acquisitions and ecosystem partnerships exemplifies its proactive approach to navigating the complexities of the IT industry. By embracing acquisitions as catalysts for growth and fostering collaborative relationships with ecosystem partners, Exact is poised to capitalize on emerging opportunities and cement its position as a market leader. As the digital landscape continues to evolve, Exact remains committed to driving innovation and delivering unparalleled value to its customers through strategic partnerships and ecosystem integrations. With the acquisition of Weclapp, we're taking an important step across borders, particularly in Germany, Austria, and Switzerland. This aligns seamlessly with our growth strategy, tapping into regions ripe with opportunities for cloud adoption. Acquisitions like these not only broaden our market presence but also enrich our knowledge base, enabling us to deliver added value to our customers.
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 Platform (PaaS) and Infrastructure (IaaS) Details
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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).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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