Big data? No problem!
LucaNet.Financial OLAP Server saves all data in-memory. This means that all the information is stored directly in your computer's RAM. Every enquiry or modification is processed or saved immediately, making it available for reporting and analysis purposes in just a fraction of a second.
Traditional databases store most of their data on the hard disk. When data that is not in the main memory is needed, it first has to be loaded. This takes time and slows down the entire process. In addition to this, changes to data have to be saved on a constant basis, which also requires the hard disk to be accessed each time.
- All information is loaded directly from the RAM.
- No more waiting around for data to load from the hard disk!
- Extremely fast analysis processes.
- Data can be updated and displayed in a fraction of a second.
- Even large quantities of data can be retained and saved in this way.
Our working structures have been simplified in many respects since the introduction of LucaNet. We have gained time thanks to the evaluation possibilities and comfortable data recording based on interfaces to SAP and Excel. A good value for money as regards our requirements, a very high user-friendliness and the possibility to perform customization overall by ourselves, have also convinced us to select LucaNet.
We have been successfully using LucaNet for years. We draw up our consolidated financial statements and planning and depict the entire reporting with the software. Without a professional software in this area, a group like Eventim would find it difficult to cope with the work involved in creating the statements.
I was impressed with how quickly one can set up the cost structure using LucaNet. From experience, I know that, with other programmes, the creation of cost centres and their organisation into cost centre groups and segments takes two to three days. With LucaNet I needed only two hours!
100 % flexibility and transparency: With LucaNet software, we have significantly simplified our consolidation process. Complex relationships between companies can be represented at the push of a button in a cost- and time-saving manner. This allows for the necessary review and clarity, and is a precondition for us being able to concentrate 100% on our core business as a company.
The design and easy operation of the software directly appealed to us. Apart from exchanging experiences with reference customers of LucaNet AG, the parallel reproduction of a financial statement compliant with the German Commercial Code and IFRS, and also the possibility to create planning scenarios in the software, have tipped the scales for LucaNet.
I have been aware of LucaNet for many years now, and I have always benefited from a very successful cooperation. We benefit from the LucaNet features that have been provided, both in terms of function and technology. The software is optimally suited for consolidation, planning and reporting purposes. There is no need to go to the time and effort of collating information for the consolidated financial statements and the reporting system. The data is always up to date and available in high quality. In this way, Engel & Völkers has been able to place its future on a transparent financial basis.
As Germany's largest savings bank, we place a lot of value on competent, customer-oriented financial services for small businesses. For this reason, we recommend LucaNet to our customers. After evaluating all available software packages, we are convinced that LucaNet can outstandingly support our small business customers with finance and liquidity planning. Those who have such planning assistance can successfully control their business and convince their bank of their plans for the future.
Junge Fahrzeugbau is synonymous with innovative product solutions in the commercial vehicle market. For our planning processes, we needed a stable software package offering user-friendly operation. With this tool, we can show all planning figures with transparency and traceability. As a result, we can quickly identify changes in the market and intervene with corrective measures in a timely manner.
We rely on sustainability and innovation – LucaNet supports us on this path as a reliable partner. Creating a transparent market situation is very important in our industry in particular. With its diverse planning, reporting and analysis options, the LucaNet software supports and aids us in our daily work. Support is always friendly and proficient.
The application of LucaNet has proved really successful: Complex relations are clearly reproduced and consolidation procedures are shown transparently. As the one responsible, this degree of transparency makes me feel absolutely safe in my decisions.
It is quite simple for us: Information provides clarity. Clarity provides transparency. And transparency is the basis for trust. Therefore we have opted out LucaNet.
In our view, the LucaNet software satisfies with its great user-friendliness and flexibility. The database architecture is based on the newest standard of technology. Furthermore, the diverse functions for consolidation, planning and reporting present a very intelligent, well-conceived system.
LucaNet was developed for the special requirements of consolidation in the public sector. LucaNet is ideally suited for the presentation of communal groups and is distinguished for the user-friendliness of its application and the clarity of the evaluations it produces.
We used LucaNet to prepare Rocket Internet's first ever consolidated financial statements – and are really very happy with the results. I was already familiar with the software from my old company, so I was already aware of what the tool can do. The consolidated profit and loss statement, consolidated balance sheet, consolidated statement of cash flows and disclosures can all be created quickly when the consolidated financial statements are prepared. At the same time, the wizards provide numerous automation solutions for consolidation purposes. What’s more, the integrated currency conversion feature helps us to map our many international investments correctly.
As Rocket Internet has a highly complex, constantly changing group structure, we need software that can give us very flexible support for our consolidated accounting in these circumstances. With its many different functions, LucaNet is the ideal solution for us. This is especially true when it comes to consolidation within a group with numerous companies in other countries. Implementation ran smoothly, bringing us clear savings in terms of time and costs. The staff at LucaNet are also genuine specialists in their fields, meaning we have benefited from their expert advice.
By using LucaNet, we are able to ensure that monthly group reporting gets done including the domestic and foreign subsidiaries, within a short space of time. In addition to a depiction of the actual data, plan consolidation and the comparison of different scenarios/forecasts are also possible easily, quickly and in a transparent manner.
The expert consulting and the future-oriented concept from LucaNet quickly convinced us. A simple, transparent and clear menu structure, as well as the high degree of transparency in the traceability of the transactions implemented, provide us with ideal support in our day-to-day business. Other factors in favour of LucaNet are the option of decentralised use and the capability to generate consolidation statements during the year.
"LucaNet impressed us with the software’s ease of operation, how quickly we were able to integrate the reporting systems, and the reliability of the data. The drill down to ledger accounts feature is particularly helpful when we are analysing our figures."
LucaNet helps to create a profit and loss account, balance sheet and liquidity planning by ready-to-use planning forms at the push of a button. Employees responsible for cost centres can be easily involved in the planning process without much training effort, this not only saves time, but also makes the planning more exact and the figures quickly available.