Belgian solution enables management of HR tasks in one system.
Wemmel / Ghent, 24 September 2020
The acquisition - which follows last week's market-leading acquisition of Unit4 Business Software (and Intuo) - enables Exact to provide a broader and integrated software offering and automated HR process support.
All HR tasks in one system
Officient makes it possible to manage HR tasks within a single cloud platform. Think of salary, contracts, absences, fleet, performance interviews and personnel data. These integrated processes make companies more agile, as HR tasks can be performed efficiently without the need for complex links between systems.
Phill Robinson, CEO of Exact, says: “In recent years, Exact has expanded its online payroll solutions with many new features. However, we are seeing growing demand from customers looking for a solution that meets all of their HR administration and process needs. With Officient we have found the perfect partner to meet this need. We are impressed with the speed with which they have attracted an impressive customer base. This acquisition is in line with our strategy to grow through a combination of organic further development and the integration of acquired products. In addition, we continue to build on our presence in Belgium after we acquired the Belgian accounting and business management software company WinBooks in December last year. ”
Michiel Bearelle, co-founder at Officient: “We look forward to being part of the Exact group, as this will enable us to continue to innovate and grow faster. We have the ambition to become the dominant supplier of HR software in the Benelux in the coming years, a vision shared by Exact. Our product portfolio and market knowledge, along with Exact's acquired market position, will help make Officient an even bigger success story in the coming years. We look forward to continuing to lead Officient as founders together with our employees, partners and customers. ”
Filip Baptist, CEO of HR service provider Securex and partner of Officient: “Our SME customers and partners such as bookkeepers and accountants can continue to rely on the unique software solutions we offer them. Thanks to Exact, they will soon be able to go even further with an even broader integrated view of their HR processes, payroll management and financial administration in one system. Our successful collaboration with Officient will ensure that Securex remains the most highly regarded HR service provider in Belgium. ”
HR must become more agile
Officient is a young and innovative company that has responded quickly to changing HR trends. Officient today integrates many payroll providers ('social secretariats') in Belgium and has similar agreements with providers in the Netherlands and Luxembourg. In just three years, Officient has acquired more than 4,000 clients, who in turn provide HR services to more than 35,000 employees.