Seed and Early Stage
In the seed and early stage phases, we particularly support financing rounds, for example by optimizing investor reporting or planning, as well as offering outsourcing services in the areas of financial accounting and payroll. In addition, we support the establishment of initial reporting structures or the creation of accounting guidelines for new employees.
Growth
The growth phase of startups is regularly characterized by the professional development of the finances. In this phase, the conversion of the accounting to IFRS or US-GAAP as well as the optimization of the internal control and risk management system, which is required for a company to be ready for the stock exchange, is often carried out, for example, in order to achieve IPO readiness. In some cases, the introduction of an integrated ERP system also makes sense here in order to create stable and sustainable structures. However, such a step usually means a real tour de force for startups and requires professional support in order to fully exploit the advantages of modern cloud ERP systems.
Our startup customers love Lucanet
In the growth phase, many of our customers also come into contact with Lucanet software for the first time. Especially when it comes to mapping initial group structures or presenting parallel financial structures (e.g. German GAAP / IFRS) transparently and flexibly.
Lucanet provides startups with an optimal introduction to the professionalization of financial reporting, both at the level of individual financial statements and, above all, at group level.
In our experience, Lucanet covers the business and process requirements during the growth phase like no other solution on the market. Despite the high level of standardization, Lucanet is flexible enough to meet the mostly dynamic requirements of startups. In addition, the solution is intuitive for business users and can be implemented quickly and cost-effectively. This is one of the reasons why Lucanet is one of the most popular software solutions for consolidation, financial planning, and reporting financial performance solutions on the market.
Many of our capital market-oriented, but also private equity-held startups have been using Lucanet for professional financial reporting for years.
Easy implementation through interdisciplinary teams
Lucanet implementation already starts with the setup and configuration of the upstream or ERP systems. This is where the course is set for future financial reporting, especially when it comes to optimally preparing structures and financial dimensions for IFRS, US GAAP, and group reporting.
Our clients appreciate having the structures they need in Lucanet already in place during the ERP implementation, both in terms of business processes, and system technology. Furthermore, in order to ensure the data integrity of the financial data that is loaded into Lucanet via the financial processes and subsequently processed further, it may be necessary to be able to make customer-specific interface adjustments in addition to the existing Lucanet standard interfaces.
For this purpose, PAS has created a team of experienced and certified Lucanet consultants that is unique in Germany. Our consulting-oriented solution approach is always individual and adapted to the specific needs of the customer. As a full-service consultant with specialist and IT expertise, we always keep an eye on the end-to-end processes in order to map the complete finance workflow in a comprehensible way, from the voucher to the individual financial statements to international group reporting.
