Automated consolidated financial statements right on track
Success story Rhomberg Sersa Rail Group
With LucaNet, the Rhomberg Sersa Rail Group creates automated consolidated financial statements. This not only provides the Group's finance team with accurate and reliable figures – it also saves a lot of time.
The introduction of LucaNet was a great success. We can now create clear, automated, and transparent consolidated financial statements.
How Rhomberg uses LucaNet:
- Automated consolidated financial statements
- Flexible data collection
- Annual reporting according to UGB
Reliable data under one roof
Alice Hainzl, Group Accountant Finance & Controlling, is very satisfied with the implementation of LucaNet. "Thanks to the flexible connection of the upstream systems to LucaNet, automated and decentralized data collection is now possible. All companies can independently control the import of data. The collected data is automatically validated, which is a great added value for us. In addition, in case new software is to be connected, we can carry out the implementation independently in Group Accounting without external consulting costs."
Hainzl also emphasizes the simple and comprehensible way in which foreign currencies are processed in LucaNet and that the fixing of goodwill in the consolidated financial statements is very beneficial. Overall, major progress can be seen in the preparation of the consolidated financial statements. Thanks to the many predefined processes, intuitive operation, and maximum automation in LucaNet, the finance team now achieves their goals much faster. "As a next step," says Hainzl, "we would therefore like to use LucaNet for our management reporting as well."