About the Masterclass
Join our exclusive online masterclass to discover how Lucanet transforms financial planning, from your profit and loss statement to a full balance sheet and cash flow forecast. Discover best practices and get an insider's look behind the scenes at Lucanet, learning how to automate projections, apply accounting logic, create scenarios, and monitor variances with efficiency. Prepare optimally for your upcoming financial reporting and gain valuable insights from our experts.
Who should attend
- Existing Lucanet users looking to enhance their skills and optimize their financial planning
- Professionals seeking precision, agility, and consistency in their planning processes
- Companies looking to take advantage of Lucanet’s latest features
Attendance fee
Lucanet Group Customers: 10% discount
Lucanet Group Partners: 20% discount
Discounts are not combinable.
Agenda/content
09:00–09:30 - Introduction
- Welcome and objectives of the masterclass
- How Lucanet helps the office of the CFO
- Common challenges in financial planning with CFP
- Product showcase: sheets and xP&A
09:30–10:00 - Integrated planning – Between crystal balls and best guesses (Presented by Concentro)
- Reality vs. business administration: Basic ideas behind the planning model
- The business transaction as the driver of every planning (structure)
- Anyone can generate income – but not balance sheets and cash flow!
- The devil is in the details: Times and processes
- Sales vs. production vs. financing vs. consolidation
- CFO approximation – when yes and when no?
- Planning = goals = reporting = (data) structure
- What in Lucanet – What in the upstream system?
- Solution creates what works
- Questions
- Open question and answer session
10:00–10:30 - Financial planning with CFP: Preparations and set-up
- Planning checklist: timelines and decisions to be made
- Creating a framework and approach
- Structuring the financial planning model in CFP
- Design choices to think about upfront
10:30–12:00 - Case study
- Creating an integrated budget in CFP with the 4 “budget pillars”
- “Manual input” versus historical data: how to plan your profit and loss with existing data?
- Investments, financing activities, balance sheet reconciliation
- VAT configurations and planning exchange rates
- Setting up your (in)direct cashflow statement
- Working with different scenarios
- Best case, worst case, currency assumptions
- Getting the best from CFP
- Structuring/using your adjustment levels efficiently
- Getting the most out of the Lucanet.Excel integration
- Using task projects to make life easier
- Analyzing and comparing actuals vs. budget vs. forecast
12:00–12:30 - Break
12:30–13:30 - Planning with apps
- Introduction to planning with apps: when and why?
- App: Creating a forecast
- App: Seasonality forecast
- App: Correlation planning
13:30–14:00 - Closing remarks
- Interactive Q&A session
- Summary of key takeaways
- Best practices for making the most of Lucanet in planning
