Exact
Software (揈xact? and PricewaterhouseCoopers today announced their
collaboration in bringing innovative web-based services on the market.
The
long-standing relationship between Exact and PricewaterhouseCoopers has
now resulted in a formal agreement concerning the use of Exact's back and
front office solutions, Globe 2000 and e-Synergy
respectively.The
contract, which covers implementation of the payroll software for
PricewaterhouseCoopers customers, runs until 1 January
2004.
The
collaboration is part of a PricewaterhouseCoopers initiative to optimize
its services via internet. The collaboration with Exact concerns its
services to the Dutch market, where initially a system for web-based
salary administration will be implemented. The payroll solution will
allow PricewaterhouseCoopers customers to enter payroll information into a
central database via their customer portal on the internet.
PricewaterhouseCoopers can then process this information in its Globe 2000
accounting software and make salary payments. The customers' employees
will then be able to access their own salary statements directly via the
e-Synergy software. This integrated solution eliminates the need for fax,
e-mail and telephone traffic concerning payroll issues, and eliminates the
need to send salary statements by post, thus optimizing both
PricewaterhouseCoopers's and their customers'
efficiency.
"This
is the first phase in our plan to serve customers more quickly and
efficiently via internet," says Rob Hoevens, member of the Board of
Directors of PricewaterhouseCoopers, and responsible for e-business and
technology. "Our total e-business ambitions go much further. Various
innovative applications for web-based tax returns and e-accounting, for
example, are in an advanced stage and will be introduced in the near
future. All these applications are aimed at improving efficiency, speed
and reliability of data processing and reporting."
The
choice for Exact Software was obvious in view of its strong position in
the middle market segment, which is an important target group for
PricewaterhouseCoopers. Because Exact's solutions are entirely
web-based, all aspects of PricewaterhouseCoopers's business can
now be connected: computers, documents, customers, products,
employees, and more. This will allow a fundamental extension of its
current business applications, with all the advantages of the internet.
Information will be available anytime, anywhere, and will always be
reliable and up-to-date. Furthermore, with Exact's off-the-shelf
products, PricewaterhouseCoopers will not require any costly custom
solutions.
According to Lucas Brentjens, Vice
President of Exact Software, "Exact's software solutions and
PricewaterhouseCoopers' knowledge as a professional service provider form
a strong combination. Increasingly, businesses are seeking to outsource
data processing with added value. This is something we can offer
customers." The partnership agreement will also contribute to the further
development and improvement of Exact's standard software
solutions.
About Exact
Software
Exact Software, located in Delft, the Netherlands is a leading
developer of modern accounting, payroll, CRM, ERP and e-business solutions
for small and medium-sized enterprises and divisions of multinationals.
The products offer detailed functionality in every business process, and
support rapid implementation. Exact, with more than 1800 employees
worldwide, has a presence in 50 countries through more than 30
subsidiaries and 20 distributors. Revenues in 2000 amounted to over €164
million. In February 2001 Exact acquired the USA-based Macola Software,
with 250 employees and revenues of over €30 million. Exact Holding NV has
been listed on the Official Market of Euronext Amsterdam since June
1999.
www.exactsoftware.com
For more
information please contact:
Bert Groenewegen, Chief Financial
Officer, Exact Holding N.V.
Phone: +31 15 26 13 714
bert.groenewegen@exactsoftware.com
About
PricewaterhouseCoopers
PricewaterhouseCoopers
is the world's largest professional services organization. Drawing on the
knowledge and skills of more than 150,000 people in 150 countries, we help
our clients solve complex business problems and measurably enhance their
ability to build value, manage risk and improve performance in an
internet-enabled world.
PricewaterhouseCoopers refers to the member firms of the
worldwide PricewaterhouseCoopers organization.
www.pwcglobal.com
For
more information please contact:
Meint
Waterlander, Spokesman, PricewaterhouseCoopers N.V.
Phone: +31 20 568
59 52
