Controlling reinvented for efficient CPM
The role of the financial controller is in undergoing a transformation, transitioning to become something like ‘internal business consultants’. Controllers today are expected to suggest and assist in the implementation of important strategic processes while also providing analytical and evaluative support to other departments.
LucaNet’s CPM tool enables you to anchor the financial controller’s important advisory role for business managers. This software can create useful resources to supplement your decision-making processes in just a couple of mouse clicks. Easily analyse existing business models and current and future trends and use these to prepare, develop and evaluate different strategies to support your management team.
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Benefits for financial controllers:
Simple, intuitive operation means users do not need advanced IT skills to access all functions.
Maximum transparency through traceability across several periods right down to individual documents.
Simplified, automated financial controlling processes.
Detailed analyses and reports
Extensive range of analysis and reporting tools, inc. traditional compare functions, time series analyses, and ad hoc charts to give you the full picture of how your business is doing.
Improve your workflows
As a financial controller, wide-ranging financial plans and analyses, complex budgets, financial statements and management reports are all part of your standard workload. What we’ve found is that far too often these accounting processes are held up by numerous manual editing steps.
Raw data is usually inconsistent and first needs to go through preparation and validation. Often you are reliant on support from your IT department with processing financial data from a variety of data sources and source systems.
This greatly reduces the time you have to do the actual financial controlling: analysing data and deriving appropriate recommendations and strategies.
LucaNet’s CPM solution makes everything more efficient and reliable. Our automated system optimises your financial controlling processes and provides financial managers like you with all the information they need to make their decisions more quickly and accurately.
The tool is easy to use, enabling you to confidently make all the adjustments you need to prepare reports without relying on support from your IT department – which makes it much easier to keep to those deadlines. The LucaNet CPM solution makes your life easier, minimising mistakes and allowing you to concentrate on your real job.
Want to know how else LucaNet can help you in practice? Simply contact us for a live demo!
Reliable and consistent data
Reliable data is the cornerstone of reliable business planning and corporate performance management. Heterogeneous data files and unreliable data sources impair data quality, but LucaNet’s corporate performance management solution can restore a financial controller’s confidence in their data.
LucaNet automatically collects, validates and prepares data for processing. The result is a single, up-to-date version of the most important financial information – including balance sheet data, the cashflow, and the profit and loss statement.
A Business Application Research Center (BARC) survey of customers using a CPM solution confirmed that LucaNet is the undisputed leader when it comes to automated data transfer and preparation.
Achieve full data integrity
Do you spend too much time racking your brains over confusing results because of problems with your data? Consider that a thing of the past. LucaNet follows the single source of truth approach, offering the ideal solution for standardising your figures from internal and external accounting sources. The result is reliable data everyone can trust.
LucaNet stores and processes all controlling, planning and group accounting data in one system in real time. All changes are recorded using an integrated document-based revision log, while a smart access management system with different read and write access rights provide full transparency and an easy means of monitoring your entire financial controlling process.
Customer success stories
Save time on detailed analysis
Preparing annual reports is a daunting and complex project for many companies, which often involves a lot of manual work and inevitable mistakes.
LucaNet provides you with up-to-date, accurate information when you need it most. The software supports you perfectly across every stage of the process, from collecting data to validation, consolidation, and producing your final report. Say goodbye to wasting time with manual tasks and error-prone synchronisation processes. Now you will be able to use your scarce resources to generate valuable findings from your analyses which you can then use to improve your company’s performance.
Automate financial reporting
Do you need to be able to look at all your financial data at a glance? Do you need to be able to quickly prepare data in different reporting formats for different stakeholders?
Automate your disclosure management with SmartNotes, a solution provided by our partner AMANA consulting. Whether you want to produce a group annual report, a report for the supervisory bodies, or an internal performance report – the combination of LucaNet and SmartNotes will support you through the process. All data is collected and collated in a single system. It is easy to integrate different formats and tables, charts, figures and text can be quickly combined.
The dedicated rights management concept allows different users to edit different parts of a report at the same time. Changes are then automatically implemented across all structures, making it easy to publish your report in no time.
Get in touch to learn more about disclosure management with LucaNet and SmartNotes.
LucaNet software module
“As the person responsible in project controlling, I am always asked: “How exactly do you arrive at the figures?” LucaNet provides all the key data clearly, transparently and reproducibly. Instead of having to work with a number of Excel lists, I can reliably generate all the figures from a standardised system. It makes planning and consolidating fun again!”
Christian Dorn, Project Controlling Deutsche Werkstätten Hellerau GmbH