“Can a Dutch SME accounting SaaS platform become the financial operating system for European small businesses by embedding payments, banking, and capital into its core workflow?”
Exact is a Dutch cloud-based business software provider focused on accounting, ERP, and SME financial administration tools, best known for its Exact Online product suite. The company has been acquired by KKR (Kohlberg Kravis Roberts), indicating a private equity-backed growth phase. Exact Online serves SMEs and their accountants primarily in the Netherlands and Belgium, with integration into broader European markets. The company has expanded its ecosystem via third-party integrations (e.g., Mollie for payments, Apideck for unified accounting APIs) and continues to add embedded financial services to its platform.
Exact processes payments through Mollie.
Exact's payroll is powered by ZayZoon.
Exact integrates with QuickBooks, Xero, NetSuite, Exact Online, Sage, FreshBooks, Wave and Zoho Books.
The Embedded Finance Index 2026 maps 6 layers in Exact's stack: Payments / PSP (Mollie); Lending (Embedded invoice financing up to €100K (Rabobank) and Multi-lender business loan marketplace (LoanStreet, 14 financiers)); Payroll (ZayZoon); Unified APIs (Apideck, Codat and Rutter); Accounting (QuickBooks, Xero, NetSuite, Exact Online and 4 others); Spend / AP (Pleo).
Exact is headquartered in Delft, Zuid-Holland, The Netherlands.
Get a read on where your own stack stands against Exact and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.