Hanjin Logistics enters the European Market with Exact

Hanjin Logistics, the new European subsidiary of the Seoul-based logistics multinational Hanjin Shipping, has chosen to implement Exact Softwares front and back office solutions, Exact Synergy and Exact Globe, at all four of its current locations in the United Kingdom, Germany, France and the Netherlands.

On an expansion course to Europe, Hanjin Logistics was looking for an international yet centralized, standardized software solution to handle financials and invoicing, as well as to accommodate future growth. Exact Softwares fully integrated suite of business solutions, and Exacts excellent reputation as a global, strategic partner in the logistics sector, convinced Hanjin that Exact was the best choice for its European business.

We chose Exact because Exact Software is such a famous and well-known brand, says Andr Lee, the General Affairs and Accounting Manager at Hanjin Logistics.

One of Hanjins key requirements was that Exact Globe and Exact Synergy, in particular the Synergy Financial Consolidation module, be easily integrated with Hanjin Shippings corporate logistics systems in Seoul. Working in close cooperation with Hanjin, the Exact team created a solution integration concept that would ensure the smooth conversion of Excel data to Exacts XML format, so that all of Hanjins financial data could be managed in real-time on one, browser-based platform.

Thanks to the close collaboration between our two companies, we were able to clarify all the processes related to invoicing and financials on both sides in advance. This allowed a smooth transition to the Exact solutions, says Henk Adriaans, Deputy Director of Exact EMEA.

With Exact Synergy and Exact Globe, Hanjin Logistics will be able to streamline its financial processes by using one web-based data environment that gives all users real-time access to worldwide corporate information. Hanjin will also be able to book, report and consolidate in all local legislations in accordance with Hanjins corporate standards. In the future, the Exact solutions will ensure a fast roll-out to new sites as Hanjin grows on the European shipping market. 

About Hanjin Logistics

Hanjin Logistics is the European subsidiary of the international freight shipping company Hanjin Shipping, which has its headquarters in Seoul, Korea. Hanjin Shipping is Korea's largest carrier, operating some 60 liner and tramper services around the globe and transporting over 100 million tons of cargo annually. Hanjin Shipping has a comprehensive global business network with three regional headquarters, 200 overseas branch offices, and 30 local corporations, earning about 90% of its total revenue overseas.

About Exact Software

Established in 1984, Exact Software is one of the worlds leading providers of business software solutions. Its integrated solutions comprise traditional enterprise resource planning (ERP) as well as related software solutions such as human resource management (HRM), customer relationship management (CRM), corporate performance management (CPM), project management and electronic workflow.

Exact is headquartered in Delft, the Netherlands and has offices in Europe; the Middle East; North, Central and South America; Asia; Australia and Africa. With around 2,750 employees, subsidiaries in more than 40 countries, and solutions available in 40 languages, Exact currently serves customers in more than 125 countries. 

Revenues in 2007 amounted to 252.1 million. Exact Holding N.V. has been listed on Euronext Amsterdam since June 1999.  

About Exact Globe

Exact Globe offers one central, internet-enabled database, consistent input screens and an innovative transaction table, providing capabilities in the areas of ERP, HRM, CRM, CPM and much more. All daily business activities are arranged in process workflows that represent a companys primary processes. With online reports, Exact Globe provides immediate, up-to-date insight into all aspects of a company. Crucial supporting functions such as project management and manufacturing resources planning help coordinate actions more effectively, resulting in lower transaction costs and faster cycle times.

About Exact Synergy

Exact Synergy is a fully integrated, browser-based front office solution that works in conjunction with traditional ERP applications. It offers a platform for online communication and collaboration through which it facilitates information sharing among all resources in and around an organization. It focuses on automating value creation and delivery processes and covers solution areas such as HRM and CRM as well as document, workflow and project management.

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