Welcome to the Exact Product Blog

On this blog we will cover stories from all around the Exact ecosystem.

Exact Product Blog: Exact Online

Exact for Manufacturing Ease of Use: Showing the calculator unit

Written by Pieter Hamans on . Posted in Exact Online

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The material calculator is able to use different units than the stock unit. We can keep stock in kg, but use gram in the bill-of-materials. There are users that are unfamiliar with this feature because the calculator unit was not shown in the bill-of-materials overviews. At the request of our users we have now included the calculator unit in the bill-of-materials overviews.

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Better monitor work done, not yet invoiced

Written by Remco Kroes on . Posted in Exact Online

For most consultancy firms it is not only key to capture all time sheets fully – it is also important that all billable work is invoiced timely and paid for. It may take several weeks or months before billable work is actually invoiced. Billable work is not always billed for immediately. Once the invoice is sent, it may take another 60 to 90 days to get paid. This characterizes many professional services and consultancy firms where the cost of delivery is incurred well before the client is invoiced and payment is received. To ensure a healthy cash position it is essential to closely monitor work delivered but not yet invoiced.

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Planning based time entry on your iPhone

Written by Remco Kroes on . Posted in Exact Online

Who is available to do the job? For many consultancy & staffing firms capacity and utilization are key. Exact for Project Management provides a visual overview of availability capacity and visibility into the capacity forecast to improve (billable) utilization.

What’s new?
As a consultant you now have the option to view and convert your planned activities into time sheet entries via your iPhone or browser. Saving time & improving the accuracy of your time entries. Click here for more information on how to convert planned work into time entries.

 

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Innovation Update for Accountancy

Written by Pieter Hamans on . Posted in Exact Online

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The solution teams at Exact Cloud Solutions never stop working on new innovations for Exact Online. Why not take a look at some of the projects they are working on right now? Most are expected to be released over the coming months. This blog highlights the innovations for the Accountancy solutions.

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7 tips on fixing the revenue leaks in your consultancy firm

Written by Remco Kroes on . Posted in Exact Online

Has your business sprung a leak? Research shows that, on average, businesses in the professional services industry lose up to 5% of their earnings before they can be realized. This so-called revenue leakage is commonly caused by billing errors, over-servicing, unbillable time due to project delivery issues, and inaccurate statements of work.  Here are seven tips to help you stay in control and fix the leaks in your billing process:

REST APIs for Shop Order Material Management Transactions

Written by Pieter Hamans on . Posted in Exact Online

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The shop orders in Exact for Manufacturing allow for four types of material management transactions: material issues, product receipts, by-product receipts and issues to parent (a suborder that yields a subassembly to a parent order). All these transactions are now supported by REST API endpoints. Moreover, for each of these transactions a reversal process is supported by the API as well. These REST APIs allow developers to execute material management transactions from within their own apps.

2-step verification V2

New: 2-Step Verification

Written by Arjen Nijdam on . Posted in Exact Online

Did you consider the impact when someone steals your account names and passwords via phishing? Well, we do. By using 2-Step Verification we help you as an user of Exact Online to avoid misuse of your account by phishing or malware.

2-Step Verification

Because security is key for Exact, we introduce 2-Step Verification: an additional layer of security for all users of Exact Online.

Besides the regular username and password login of Exact Online a second, unique code is required. This unique code is randomly generated by an app on your smartphone that supports the Time-Based One-Time Password (TOTP) protocol, like Google Authenticator.

An administrator or manager is able to oblige users to activate 2-Step Verification for their users. As well the administrator is able to disable the feature for his users.

2-Step Verification verifies the identity of an user that logs into Exact Online by requiring the user to supply their existing password and a second, unique randomly generated code by for example the Google Authenticator app on their smartphone, when they log in.

When available?

This innovation is now in Controlled Release and will be available from August 2016 for free for all Exact Online users in all countries.