Epicor FP&A vs Exact Online

Epicor FP&A is a cloud solution for financial reporting, budgeting, planning, forecasting, and consolidation. It supports financial and operational modeling, with multidimensional reports for P&L, balance sheets, income statements, cash flow, and trial balances. Built-in machine learning models use historical data to provide a starting point for budgets and forecasts. Planning features include approval workflows, input sheets, business rules, rolling forecasts, and scenario analysis. Consolidation covers eliminations, allocations, adjusted EBITDA, and intercompany data collection and consolidation. The product supports IFRS, US-GAAP, and other local GAAP frameworks. Users can work through web and Excel interfaces, and download web reports to Excel. Native integrations include Epicor Kinetic, Epicor ERP, iScala, Enterprise, Prophet 21, and Epicor Financials; Epicor also says it connects with non-Epicor ERP systems on premises or in the cloud. Packages range from Financial Statements & Reports for one company to FP&A Enterprise for unlimited companies. Prices are on request. Epicor says the product serves organizations of different sizes and industries and is fully owned and supported by Epicor.

Exact Online is a cloud-delivered package for accounting and business operations, with accounting and CRM included across its products. Online accounting provides bank feeds and invoicing, while Time & Billing includes time tracking, invoicing, and CRM. Industry solutions are available for manufacturing, wholesale, and professional services. Wholesale offerings list order, relation, and stock management; a listed manufacturing plan includes calculation, planning, and production. The service also includes inventory and order management, and users can work together online. The accountancy solution supports administration management with clients. Exact says around 675,000 companies use Exact Online and that 2,000 specialists are ready to help. Packages are priced monthly and exclude VAT; payments, including extensions, are made by direct debit. The pricing note says From £25/mo, while the listed Accountancy Professional plan costs £91 a month. There is no free plan, and the free trial's duration and feature limits are unstated.