Simply sophisticated – Using LucaNet to create a meaningful overall plan
ProjectIntroduction of a software tool for result, balance sheet and cash flow planning and further indicators; system flexibility; user-friendly interface; LucaNet.Excel-Add-In for planning and reporting
About the company
- Construction and living: Real estate
- Berlin - Germany
The Berlin-based real estate company GESOBAU AG uses LucaNet for its profit, balance sheet and cash flow planning. The development of special value drivers such as rent, revenue reductions, maintenance and large-scale repairs, as well as personnel and material costs can be determined, analysed and controlled in the LucaNet planning and controlling software.
GESOBAU manages roughly 38,000 of its own apartments in Berlin, and has grown to become a modern service provider in the rental, private building management and residential property management in its over 100 year history.
Due to the changed demands, e.g. in flexible and efficient recording of planning data at a residential unit level, with simultaneous changes of the planning basis, the functions of the software used previously were no longer sufficient.
Flexible planning tool needed
"The planning system we used before LucaNet was characterised by very long runtimes, wait times and response times, as well as an inflexible user interface. The lack of flexibility when redesigning plan items and the exclusively manual data input were no longer acceptable to us," reports GESOBAU. "We heard about LucaNet at just the right time. This software solution fulfils our requirements precisely."
Perfect SAP integration
GESOBAU's data is uploaded to LucaNet via the SAP ECC 6.0 ERP system. The standard connection was implemented extremely rapidly and reliably. In addition to this, custom programming was required to import various divisional information, such as business units, profit centres, cost centres or orders. This was implemented without trouble. GESOBAU is very satisfied with LucaNet's implementation process and customer support. Any problems are handled rapidly and solved optimally.
Transparent entry of planning figures in LucaNet
GESOBAU'S planning is implemented decentrally in the corresponding departments. The planning figures are then collected centrally by Controlling, entered and processed in LucaNet to create a meaningful overall plan. The work focuses in particular on results, balance sheet and cash flow planning. "We plan special value drivers such as rent, revenue reductions, maintenance and large-scale repairs, as well as personnel and material costs at a cost centre, business unit and profit centre level. Other result and balance-sheet relevant items are mapped at a company level. The great advantage for us is that we can now plan at a very deep, detailed level. Changes to the planning positions can be entered, processed and output faster with LucaNet."
To perform the planning, GESOBAU uses the LucaNet.Excel-Add-In both for data entry and reporting. The integrated planning forms and planning wizards are also popular. The drill down to the individual receipt level is often needed to obtain a more precise insight into the financial data.