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Don’t get hung up on your old application

Written by John Dijns on . Posted in Exact Online

For the people below 25 it might be hard to realize that mobiles and internet have not been around forever. There was a day when meeting up with friends required precise planning and catching up meant repeating stories over and over.

It’s hard to imagine that the first mobile phone was introduced in 1973 and that 17 years later, in 1990, 12.4 million people worldwide had mobiles. In those days mobiles where reserved for business people. The phone had  become a status symbol on its own. 4.6 billion people worldwide now own one, the mobile turning into as essential a piece of electronic equipment as the television, penetrating all economic levels, even in developing countries.

Many applications, by mobile standards, are still on a more 1990’s level. Let’s take two; Business Intelligence (BI) and Software as a Service (SaaS). While these applications are commonplace, they do offer a popularity contrast with the current mobile phone. They’re more like the once successful carphone – cool and convenient, but only if you’re rich and spend  4 hours a day in your car.

BI solutions are still mainly used by large organizations that can afford the amounts involved in buying and implementing on premise software. The smaller SMB companies are left out. Typically outsourcing their finance and payroll to an accountant, they have to make do with a few reports once a month. We can debate what BI is at length, but to me, it’s knowing what’s going on in your company at any given moment.

At present, SaaS applications are widely profiled as offering a higher level of service, free from maintenance or updates and accessible from anywhere.  In fact, these things were already reachable with other solutions – only with more expense and greater difficulty. The real revolution will come with new networking potential. Really connecting everything to everything real-time will create genuine synergy and exciting new possibilities.

Exact is currently investing heavily in SaaS in the form of Exact Online. Exact Online Payroll will be released in the Netherlands in June 2010, Exact being the first SaaS developer to combine a financial and a payroll application on the same platform.

Moreover, this application focuses on the smaller companies in the SMB in collaboration with their accountants. This allows these companies real-time information on their business while still receiving professional payroll and financial service. Whether you call it BI or not, it’s offering the entrepreneur real empowerment.  In the near future employees will be added to the chain, many more players following and thus expanding the network. Exact will certainly continue  to work hard to make these technologies as important as mobiles are today. So don’t get hung up on your current application – the world is likely to change faster than you know!

John Dijns
Product Line Manager
john.dijns@exact.com
Twitter: Dijns

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John Dijns

John Dijns is Productline Manager at Exact where he is responsible for the development of Dutch Payroll solutions. Currently the Payroll development team is working on enhancing Exact Online Payroll. This is the most recent Payroll product. Exact Online is the first SaaS solution to both offer a Financial and Payroll solution on the same platform.

Comments (4)

  • An Exact user

    |

    Hi John

    A very interesting read!

    Are you able to advise what plans Exact have in releasing Exact Online into the UK market?

    Kind regards

    Reply

    • John Dijns

      |

      Hi Exact user,
      Thank you for your kind reaction. With regard to your question I can tell you that Exact Online currently is operational in The Netherlands, Belgium and Turkey. Currently we do not have any official plans to release Exact Online in other countries.

      Regards,
      John

      Reply

  • An Exact User

    |

    Hi John

    Thank for the update, it will be a shame if it does not come to the UK as I believe SaaS has a massive gap in the UK and a product like Exact Online can certainly fill it. What prompt Exact to release it in Turkey? Was it due to the high volume of SME”s? Is is a success?

    Reply

    • John Dijns

      |

      Hi Exact user,

      Exact has chosen Turkey as it is a large upcoming economy that has a well educated and young population. Prior to the launch on the 21st of May 2010 there was hardly any Online bookkeeping software software on the Turkish market. The fact that the Turkish economy consists mainly of SMB companies also helped in making this decision. The combination of a young population with a large volume of SMB companies makes Turkey a country that is very suited for Exact Online.
      Thank you for your suggestions!

      Reply

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