11.05.2009 - LucaNet.Financial Intelligence Suite officially tested

The objective of the testing process was to obtain proof that the consolidation functionalities of the LucaNet.Financial Intelligence Suite, when used in the proper way, provide the possibility of conducting an accounting operation which corresponds to the principles of proper book-keeping. The following was checked, among other things: the foreign currency conversion, data capture and booking programmes, the receipt, journal and account function, all mirroring processes, and the calculation of a change to the company’s shareholders’ equity. Apart from the functionalities, the software security and the documentation were also tested. The result of the examination is an unrestricted endorsement of the quality and regularity of the LucaNet.Financial Intelligence Suite, according to the IDW PS 880 examination standard of the Institute of Public Auditors in Germany, Incorporated Association - IDW).

The LucaNet.Financial Intelligence Suite is the professional standard software for Business Intelligence in accounting. It consists of the specialist applications LucaNet.CO (planning and controlling) and LucaNet.LC (legal consolidation). Its outstanding characteristic is the uniform data model and the uniform user interface for legal consolidation, integrated corporate planning, financial controlling and group controlling, as well as reporting and analysis of financial data. The core of the LucaNet.Financial Intelligence Suite is the LucaNet.Financial OLAP Server, the ready-touse OLAP databank with a completed multi-dimensional data model for Business Intelligence in accounting. The LucaNet.Financial OLAP Server makes it possible to plan and consolidate in real time, and thus to attain a level of interactive and efficient operation which is above average (Real Time Financial OLAP).

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