Financial Management
One financial environment for all your bookkeeping needs
Exact Financials consolidates financial records into a single, centralized environment. This makes the solution particularly well-suited for organizations with multiple entities, locations, or accounting departments and large volumes of transactions. You manage master data centrally, and financial information is available organization-wide to accounting staff, controllers, and management.
Built for complex financial organizations
Exact Financials was developed for organizations where financial processes extend beyond a single ledger or standard accounting system. Processes can be set up across ledgers, with clear authorizations and the flexibility to accommodate complex financial structures.
Features for intercompany transactions, consolidation, budgeting, and reporting across multiple ledgers and dimensions, among other things, support that complexity. Financials can also be integrated with other business applications, so that financial processes and information become part of a broader digital environment.
Who are our customers?
We work for the following clients, among others. Here is a selection of organizations that rely on our expertise.
How Exact Financials Works Across Multiple Accounting Systems
Exact Financials operates from a single central database where you can manage multiple accounting systems. You maintain master data centrally, and processing functions and reports can be run across multiple accounting systems. This allows you to work with the same financial structure and up-to-date data, even if your organization consists of multiple entities, branches, or accounting systems.
From this central environment, you will support day-to-day financial processes, such as general ledger accounting, accounts receivable and accounts payable management, purchasing and sales, and financial reporting. Financials also offers capabilities for financial project management and can be integrated with solutions for consolidation and business intelligence, among other things.
- Multiple administrative offices – Manage multiple ledgers centrally and perform cross-ledger processing.
- Central Master Data – Manage financial master data centrally so that administrative departments can operate on a consistent basis.
- Financial Reports – Report on accounting and financial matters and provide controllers and management with access to up-to-date figures.
- Financial Project Management – Link financial information to projects and track costs, revenue, and financial results.
- Purchasing and Sales – Support financial processes related to purchasing and sales from within the same financial environment.
- Integrations with other business software – Exchange data with, for example, business intelligence, consolidation, procurement, and expense reporting software via standard integrations or web services.
Discover the features of Exact Financials
Exact Financials offers comprehensive features for both day-to-day financial administration and more complex financial processes. From general ledger accounting and accounts receivable and payable management to budgeting, reporting, and project management: you can configure the financial environment to match your organization’s structure and information needs.
General Ledger Accounting
Manage your entire financial accounting system from a single, centralized platform. Process transactions efficiently and always stay on top of your financial situation.
Accounts Receivable Management
Manage outstanding items, send invoices, and monitor payment terms. This helps you stay on top of your cash flow and improve your accounts receivable process.
Accounts Payable Management
Process purchase invoices efficiently and manage open items and payments from a single, centralized system. Automate recurring tasks and reduce the risk of errors.
Financial Reports
Generate detailed reports and dashboards with up-to-date financial data. Analyze results and make more informed decisions.
Budgeting and Financial Analysis
Create budgets, compare forecasts with actual results, and gain greater insight into your organization's financial performance.
Project Administration
Link financial data to projects and track costs, revenues, and budgets throughout the entire project cycle.
Intercompany
Process financial transactions between different departments and manage current account relationships between entities within your organization.
Integrations
Integrate Exact Financials with other Exact solutions and business systems to ensure efficient data exchange between your financial administration and other business processes.
Exact Financials Tailored to Your Organization
Proper implementation of Exact Financials starts with your organization’s financial processes and application landscape. That’s why Alistar not only helps you with implementation, migration, and optimization, but also examines the systems and processes surrounding Financials. Where necessary, we integrate Financials with other business software or develop additional solutions tailored to your specific workflows.
With Alistar, you'll enjoy:
- Experience with complex Exact Financials environments.
- Advice on administrative procedures, processes, reporting, and authorizations.
- Integrations with other Exact solutions and business applications.
- Additional solutions and custom development where additional functionality is required.
- Support for the implementation, optimization, and further development of your financial environment.
Curious to find out what this solution can do for your organization?
With the right solution, you’ll work more efficiently, save time, and get more value out of your business software. Our consultants are happy to help you find the best approach.
Request a demonstration or contact us for personalized advice.
Linda de Boer – Dijkgraaf
The Right Support for Exact Financials
A successful implementation of Exact Financials doesn’t start with the software, but with a financial structure that aligns with your organization. At Alistar, we therefore look beyond just the implementation. We analyze your financial processes, advise on the optimal structure, and ensure that Exact Financials aligns with the way your organization operates.
With Alistar, you'll enjoy:
- Extensive experience with Exact Financials implementations, optimizations, and migrations.
- Advice on the design of financial processes, accounting systems, reporting, and authorization procedures.
- Support for integration with other systems and business applications.
- Support for user adoption, training, and process improvements.
- A dedicated Exact partner that continues to provide support and advice even after the system goes live.
This way, you’re not only choosing a powerful financial solution, but also an experienced Exact partner who ensures efficient implementation, reliable insights, and a future-proof financial administration system.
Alistar
Frequently Asked Questions
Are you curious about how Exact Financials can support your financial administration? Check out the answers to frequently asked questions about the capabilities and features of Exact Financials below.
What is the difference between Exact Financials and Exact Globe?
Exact Financials focuses specifically on financial management for organizations with numerous accounting entries, transactions, and special requirements. Exact Globe combines financial accounting with broader ERP functionalities for areas such as logistics, sales, manufacturing, and projects. Which solution is best suited depends on your processes and the structure of your organization.
Is Exact Financials an ERP system?
Exact Financials is primarily a financial solution for organizations with complex financial processes. The software can be used as a standalone solution or as part of a broader business environment in which Financials is integrated with other Exact solutions and business software.
Does Exact Financials support multiple companies?
Yes. Exact Financials is ideal for organizations that manage multiple accounting systems and entities. From a single central database, you can manage financial data and processes across different accounting systems.
Can Exact Financials perform financial consolidations?
Exact Financials can be integrated with financial consolidation software. This allows financial data from different accounting systems to be used for consolidation and group reporting.
How does Exact Financials support international financial processes?
Exact Financials is suitable for organizations with multiple accounting systems and can be configured for various financial structures. The options available for international accounting systems, currencies, and local laws and regulations depend on how your Financials environment is configured.
Can Exact Financials be used in conjunction with Exact Synergy?
Yes. Exact Financials can be integrated with Exact Synergy. This allows you to link your financial records to workflows, document management, and other organizational processes within Synergy, among other things.
How does Exact Financials help with financial compliance?
Exact Financials supports a controlled financial structure that includes roles and authorizations. This allows you to separate responsibilities and set up financial processes according to established agreements. The structure required to meet specific compliance or audit requirements depends on your organization.
Is Exact Financials suitable for organizations with complex financial structures?
Yes. Exact Financials was developed specifically for organizations that want to manage a large number of accounting systems, transactions, and financial details from a central location. This makes the solution ideal for organizations with multiple entities, branches, or complex financial structures, for example.
What reporting features does Exact Financials offer?
Exact Financials offers extensive capabilities for reporting and analyzing financial data across accounting records and financial dimensions. For additional business intelligence and dashboards, Financials can also be integrated with other reporting and BI solutions.
Can Alistar help with the implementation of Exact Financials?
Yes. Alistar supports organizations with the implementation, migration, configuration, and optimization of Exact Financials. We also examine the processes and systems related to Financials and can implement integrations and additional solutions when the standard environment does not fully meet the requirements.
Can Exact Financials be used in the cloud?
Yes. Exact Financials can be used both in the cloud and on-premises. The technical setup can be tailored to your organization’s requirements and IT environment.
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