Exact Online vs. M1

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Online
Score 7.6 out of 10
N/A
Exact Online is a configurable, cloud-based multi-purpose Enterprise Resource Planning (ERP) Suite from global company Exact Software, headquartered in the Netherlands.
$158
per month
M1
Score 7.1 out of 10
N/A
M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.N/A
Pricing
Exact OnlineM1
Editions & Modules
Exact for Time & Billing
$158
per month
Exact for Wholesale Distribution
237-554
per month
Exact for Project Management
316-369
per month
Exact for Manufacturing
422-739
per month
No answers on this topic
Offerings
Pricing Offerings
Exact OnlineM1
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Exact OnlineM1
Features
Exact OnlineM1
Customization
Comparison of Customization features of Product A and Product B
Exact Online
7.5
Ratings
1% below category average
M1
7.0
Ratings
8% below category average
API for custom integration8.00 Ratings7.60 Ratings
Plug-ins7.00 Ratings6.50 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Online
8.0
Ratings
2% below category average
M1
8.1
Ratings
1% below category average
Single sign-on capability8.00 Ratings9.00 Ratings
Role-based user permissions8.00 Ratings7.10 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Exact Online
4.7
Ratings
42% below category average
M1
6.5
Ratings
10% below category average
Dashboards4.00 Ratings6.60 Ratings
Standard reports6.00 Ratings6.40 Ratings
Custom reports4.00 Ratings6.60 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Exact Online
6.9
Ratings
11% below category average
M1
6.9
Ratings
11% below category average
Accounts payable7.00 Ratings6.90 Ratings
Accounts receivable7.00 Ratings6.90 Ratings
Global Financial Support5.00 Ratings5.30 Ratings
Primary and Secondary Ledgers5.00 Ratings8.10 Ratings
Journals and Reconciliations6.00 Ratings6.50 Ratings
Configurable Accounting7.00 Ratings6.80 Ratings
Standardized Processes8.00 Ratings7.80 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Online
7.0
Ratings
12% below category average
M1
7.0
Ratings
12% below category average
Inventory tracking7.00 Ratings7.40 Ratings
Automatic reordering00 Ratings6.50 Ratings
Location management00 Ratings7.20 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Exact Online
6.7
Ratings
16% below category average
M1
7.4
Ratings
6% below category average
Pricing7.00 Ratings6.80 Ratings
Order entry7.00 Ratings7.30 Ratings
Cost of goods sold6.00 Ratings7.70 Ratings
Credit card processing00 Ratings7.40 Ratings
Order Orchestration00 Ratings7.50 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Online
6.7
Ratings
11% below category average
M1
6.5
Ratings
14% below category average
Billing Management7.00 Ratings8.00 Ratings
Cash and Asset Management7.00 Ratings6.80 Ratings
Period Close7.00 Ratings7.70 Ratings
Travel & Expense Management00 Ratings4.80 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings5.00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Exact Online
6.7
Ratings
13% below category average
M1
-
Ratings
Budgeting and Forecasting8.00 Ratings00 Ratings
Project Costing8.00 Ratings00 Ratings
Cost Capture7.00 Ratings00 Ratings
Capital Project Management7.00 Ratings00 Ratings
Customer Contract Compliance6.00 Ratings00 Ratings
Project Revenue Recognition7.00 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Exact Online
-
Ratings
M1
5.7
Ratings
23% below category average
Pay calculation00 Ratings5.30 Ratings
Benefit plan administration00 Ratings4.60 Ratings
Direct deposit files00 Ratings7.10 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Online
-
Ratings
M1
5.2
Ratings
28% below category average
Project Planning and Scheduling00 Ratings6.30 Ratings
Task Insight for Project Managers00 Ratings5.40 Ratings
Project Mobile Functionality00 Ratings4.60 Ratings
Definable Resource Pools00 Ratings4.80 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Exact Online
-
Ratings
M1
2.7
Ratings
94% below category average
Award Lifecycle Management00 Ratings2.70 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Online
-
Ratings
M1
6.3
Ratings
10% below category average
Bids Analyzed and Compared00 Ratings6.00 Ratings
Contract Authoring00 Ratings7.30 Ratings
Contract Repository00 Ratings6.30 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings5.90 Ratings
Supplier Management00 Ratings6.20 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Exact Online
-
Ratings
M1
5.0
Ratings
26% below category average
Risk Repository00 Ratings6.50 Ratings
Control Management00 Ratings5.90 Ratings
Control Efficiency Assessments00 Ratings4.80 Ratings
Issue Detection00 Ratings3.80 Ratings
Remediation and Certification00 Ratings3.80 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Exact Online
-
Ratings
M1
4.0
Ratings
50% below category average
Transportation Planning and Optimization00 Ratings2.20 Ratings
Transportation Execution Management00 Ratings2.50 Ratings
Trade and Customs Management00 Ratings4.70 Ratings
Fulfillment Management00 Ratings4.90 Ratings
Warehouse Workforce Management00 Ratings5.50 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Exact Online
-
Ratings
M1
6.6
Ratings
12% below category average
Production Process Design00 Ratings6.30 Ratings
Production Management00 Ratings7.00 Ratings
Configuration Management00 Ratings6.20 Ratings
Work Execution00 Ratings7.50 Ratings
Manufacturing Costs00 Ratings5.90 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Exact Online
-
Ratings
M1
5.6
Ratings
24% below category average
Forecasting00 Ratings4.70 Ratings
Inventory Planning00 Ratings6.20 Ratings
Performance Monitoring00 Ratings5.90 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Exact Online
-
Ratings
M1
4.4
Ratings
47% below category average
Proposal Management00 Ratings4.80 Ratings
Product Master Data Management00 Ratings4.00 Ratings
Best Alternatives
Exact OnlineM1
Small Businesses
Zoho One
Zoho One
Score 8.9 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Exact OnlineM1
Likelihood to Recommend
4.0
(0 ratings)
7.3
(0 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(0 ratings)
Usability
-
(0 ratings)
6.4
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
Exact OnlineM1
Likelihood to Recommend
If you are a big company and have an active accountant then this system can be for you, it has many options but you need dedication. But the price starts from €39 and then you are not there...Most of the time you need other options to make it complete. Like ERP functions + €199~ want to book hours? +€129. And this is all per month... It goes up so fast that it's not interesting for small companies. When there are better options on the market that are even free...
Read full review
Implementation is by far the weakest link in the ECI/M1 process. Although the tool is powerful, the client is expected to drive the process of learning the tool, planning the meetings with consultants, identifying risks and making mitigation plans, etc. without any samples, guidance or assistance on the part of ECI. The tool is best suited to high volume, standard product manufacturers who build to inventory or to order without much variation. The shop floor routing and time tracking are straightforward if you can master the convoluted Unit Of Measure calculations. The tool is either hosted locally or accessed through Remote Desktop. Shop floor is web enabled but the main desktop for M1 is still a relay which makes connectivity a potential issue. Moving this platform to a truly web hosted environment would substantially improve connectivity and eliminate compatibility issues with Apple products
Read full review
Pros
  • Complete pack with many options, use it as CRM, ERP or simply for your bookings.
  • Many connections with external programs, webshops, etc.
  • Automatic backups.
Read full review
  • Manage inventory counts. Good precision on quantities in and out, through shipping, MI, MR, and receipts.
  • Job costing shows great details on labor, operations, and materials to be used. I wished that would do better in outside operations that would return, but we still think it is great.
  • Ability to track changes (changelog), showing all changes that had in a particular place. Such as where, when, and by whom a line item unit price was changed in a PO.
  • Link, traceability, keeping history. If done correctly, it is amazing to keep the history of a part/lot.
  • The amount of user rights/customization is unbelievable. It can be hard to set up in the beginning, but it is great that you can give some very specific access to a user, and it is not (in general) as a package.
Read full review
Cons
  • Support... It's bad, and when you want to stop or step back it's near impossible.
  • Price, they tend to increase it without warning, and with all the extras it goes up fast.
  • If you wanna spend all your time in accounting buy Exact... It can be complex and many handlings needs to be done.
Read full review
  • Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
  • We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
  • Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
Read full review
Usability
No answers on this topic
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
Read full review
Support Rating
No answers on this topic
Support has been great and timely
Read full review
Alternatives Considered
I would not select Exact Online, but I can direct you to better options. Due to the high price, getting behind the competition and support I would suggest options like Zoho Books for you bookings, or CyberStockroom as ERP. And here in the Netherlands e-boekhouden.nl is a real nice, cheap, and fast working booking platform for the smaller companies.
Read full review
Our customization requirements were not that high and based on a price/cost benefit M1 was the winner. SAP was considered but the upfront costs and challenging learning curve together with the lack of flexibility in the SAP HANA public cloud version made the M1 choice more natural. SAP Services is usually more expensive compared to M1.
Read full review
Return on Investment
  • Negative: High costs and implement time turned 1 client in to the negative, and after 2 years of use wants to stop.
  • Positive: Once an ERP connection is running you can automate a lot in the process.
Read full review
  • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
Read full review
ScreenShots

M1 Screenshots

Screenshot of Screenshot of