05.09.2018 - Vamos a España – LucaNet opens new site in Madrid


Berlin, September 5, 2018 – LucaNet, provider of financial performance management, continues to grow. September 1, 2018 heralds the arrival of another new member of the LucaNet family, on Madrid's famous Paseo de la Castellana. The opening of the Spanish site brings the total number of countries in which LucaNet is represented to 11. Madrid native Pedro Mardomingo will be in charge of business activities in Spain.

LucaNet is bringing its software and consulting for consolidation, planning, reporting and analysis to Spain under the leadership of Pedro Mardomingo. The college-educated expert in economics brings with him a wealth of experience in B2B activity and sales management within the software sector. He is delighted that LucaNet will soon be making life easier for finance departments in his native market, too. "I am convinced that LucaNet will bring great added value to the Spanish market and make life easier for many companies. Going forward, I will focus on enhancing the reputation that LucaNet has in other markets like Germany, with a hybrid approach by employing both direct and indirect business”, says Pedro Mardomingo, Managing Director of LucaNet Software (España) S.L., explaining the task before him. In the medium term, LucaNet hopes that its breakthrough in the Spanish market will also pave the way to business in the South and Central American countries. The new office had acquired its first customers even before its official opening – not to mention its first sales partner, the auditing firm Auren.

There is no doubt that this growth will also come with challenges, be they in the form of new subsidiaries with different accounting standards, the use of different source systems to acquire financial data, changes in reporting duties or simply shorter reporting cycles. Whatever the situation, it is important to keep one eye on the bigger picture and ensure that the focus remains on providing data quickly and without errors. LucaNet helps enterprises to produce quick, clean data for both internal and external reports. Its process automation capabilities cut closing times by 80 percent.