Financial consolidation software that automates your fast close
For many businesses, preparing consolidated financial statements is a time-consuming, manual process that is subject 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 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 will receive auditable financial statements faster (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 administer 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.
Using LucaNet will soon pay for itself. Thanks to the high level of automation, you’ll quickly be saving significant resources when preparing your consolidated financial statements. On average, the costs for the system are amortized within 18 months.
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 in the balance sheet, P&L, or cashflow. The ability to drill down right through to the level of individual posting 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 market place 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 is for all professional requirements to be fully covered so that the 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 is faster preparation of your error-free consolidated financial statements.