“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.