Financial consolidation software that automates your fast close
For many businesses, preparing consolidated financial statements is a time-consuming, manual process that is prone to error as a result. Often MS Excel or other systems are the default tools, which prove inadequate when it comes to compiling robust financial statements necessary during an audit. With LucaNet, you’ll have software that fully covers all regulatory requirements for consolidated financial statements in one standardized solution. Our software will guide you as a professional in a focused way through the entire process of preparing the consolidated financial statements, with integrated automated procedures making every single step that much easier.
Simplify your consolidated financial statements
How consolidation software makes your life easier:
With LucaNet, you as the project manager have a much lighter manual workload thanks to the automation of many process steps. You can use your available resources more efficiently and are able to obtain auditable financial statements faster (that fast close!)
With LucaNet, you’ll obtain the highest possible data quality. Errors that generally originate from manual input are avoided, thanks to automated processes and integrated validation routines.
LucaNet allows you as the professional user to administrate the entire system by yourself. This means you are completely independent of your IT department and us as the vendor, giving you maximum ability to take action in an era when time constraints in financial reporting are becoming tighter and tighter.
With LucaNet, you’ll be using a multilingual and multi-user capable solution that can be rolled out internationally. You can rely on LucaNet to support you throughout all steps in the process. Using the integrated task management function, you will always have a complete overview of the current state of the preparation process of the consolidated financial statements.
LucaNet pays off: The solution can be easily rolled out with your reporting units and will quickly lead to a significant increase in efficiency, thanks to shorter collection and reconciliation times.
With LucaNet, every number can be traced back to the underlying business transactions with just a few clicks of the mouse, regardless of whether it’s located on the balance sheet, P&L, or cash flow. The ability to drill down right through to the level of the individual posting/source document for both actual and planned figures ensures complete transparency.
Consolidated financial statements with confidence
Automate your consolidated financial statements with LucaNet
What makes LucaNet unique
No financial performance management solution in the marketplace can be implemented faster than LucaNet. The intuitive user interface means no extensive training is required. Consolidating just got fun again!
LucaNet speaks the language of professionals. The entire logic behind the software has been conceived in such a way that all professional requirements are fully covered so that consolidated financial statements can be prepared efficiently.
The effects of any changes are calculated and shown in real time across the entire data model – the result being a faster preparation of your error-free consolidated financial statements.