Exact has started an accountant program for Exact Online, its web-based application. The program is built around Exact Online for Accountants, which is designed to provide accounting professionals with the ability to collaborate with clients by having real-time access to their financials. Exact Online is designed for companies with fewer than 100 employees.
Exact, better known in this country for its Macola software, has long had accountant programs in Europe. But this is a new effort for the Netherlands-based company in the United States. "We have to build brand awareness for the accounting program," says Kae Williams, general manager of the company's U.S cloud solutions operations.
Exact Online targets a higher-level audience than does QuickBooks, with versions for manufacturing, wholesale distribution and professional services. The centerpiece of the program is Exact Online for Accountants. The new product offers accountants the ability to see into their clients books in real time and view and analyze data.
Williams says her company's applications enables customers to determine patterns in their products and services, "which are better performing products, which has better margins, which products do they put together to create a kit."
The accountant application is priced at $12 per month per client company with client companies charged $5 per month each. Exact will be seeking to enlist firms that specialize in the three target markets.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind