The story of LucaNet AG
Founded in 1999, LucaNet AG has now been providing software and consulting to support its customers with financial consolidation, planning, reporting and analysis for more than 15 years. In line with our company motto, “Simply intelligent”, we provide intelligent and intuitive software solutions based on pioneering technology.
Beyond a corporate performance management software for accounting, we also provide comprehensive training and expert consulting to ensure you get the most out of our tools. Our interdisciplinary approach ensures we are always up to date on the latest regulatory requirements and in the best position to liaise with auditors on your behalf.
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How it all began
LucaNet’s story starts back in 1999, when the two founders of LucaNet AG, Rolf-Jürgen Moll and Oliver Schmitz, who remain directors of the company to this day, decided to found an accounting consultancy firm. Their daily interactions with customers made one thing very clear:
The systems available on the market at that time did not come close to meeting the requirements of controlling and financial consolidation departments at small to medium-sized companies. Existing software solutions were inflexible and cumbersome, meaning they were not sufficiently cost- or time-effective to make using them worthwhile. This is what sparked the visionary idea of a software solution for planning, controlling and financial consolidation. Responding to the gap in the market, LucaNet paid close attention to ensuring maximum ease of use by even inexperienced IT users. With its state-of-the-art technology and excellent usability, the visionary LucaNet software was soon an incredible success. The developers’ efforts were rewarded in the form of a continuously growing customer base, increasing sales, a plethora of industry awards, international expansion, and high demand for an ever-expanding product portfolio. In just a short time, LucaNet grew from a small software company to become one of the industry’s leading players. And in the process, LucaNet completely revolutionised the way companies approach corporate performance management.
Where does the name come from?
The name LucaNet originates from one of the greatest mathematicians of the Renaissance: Luca Pacioli.
In 1494, this Italian Franciscan monk wrote the world’s first paper on the concept of double-entry accounting: Summa de Arithmetica, Geometria, Proportioni et Proportionalità.
Recognised as the greatest mathematical work of its time, this masterpiece includes detailed descriptions of accounting methodology. This type of double-entry accounting with an inventory, balance sheet, and profit and loss statement remains a global standard to this day. We feel much indebted to Pacioli’s work, and our company name is our way of paying tribute.
And the journey continues ...
Today, LucaNet is an multinational software and consulting company with subsidiaries all over the world. Our software solutions are used in more than 30 countries and we have customers of all sizes, in every sector.
As specialists in corporate performance management, we continue to work hard on improving our products, making them faster, easier to use and more efficient. Our aim will always be to provide our customers with high-quality and effective software solutions.