Streamline your Consolidation and Financial Planning

Drive business growth by automating consolidation and financial planning, ensuring accuracy, compliance, and seamless management across diverse structures, entities, standards and currencies.

Lucanet Consolidation and Financial Planning

Financial consolidation and planning doesn’t have to be complex

Finance teams pull data from multiple ERPs, spreadsheets, and systems, leading to inconsistencies, duplication, and reconciliation challenges that slow down financial reporting.

Relying on spreadsheets and outdated tools for consolidation increases risk, delays reporting, and makes it difficult to ensure compliance across multiple entities.

Delayed and static financial reporting prevents finance leaders from making informed decisions, hindering businesses from adapting to market changes.

Managing financials across global subsidiaries and currencies requires extensive manual effort, slowing down close cycles and increasing compliance risks.

Key features

Streamlined, efficient and more reliable financial consolidation and planning

Fulfill multiple accounting standards simultaneously with ease

Effortlessly comply with multiple accounting standards (IFRS, US GAAP), specific reporting currency or account/ledger structures. Seamlessly harmonize data to create one legal ledger structure for the group with value adjustments for GAAP.

Streamlined structure management and multilingual support

Adjust structures easily, create new elements defined in multiple languages, build required hierarchies, and analyze data within structures with full flexibility to create.

Flawless data integration to create a single source of truth

Seamlessly import using 300+ ETL adapters and APIs and orchestrate diverse data categories from the source to the solution starting from opening balance sheet values to structural elements like cost centers and entities for consolidation.

Automation boosting with out-of-box business logic

Automate postings for consolidations, eliminations, and group levels like subledger values into general ledger and period integration. Save time with real-time balance sheets and cash flow statements built from planning data.

 

Accurate insights with multi-currency conversions

Retrieve exchange rates directly from the European Central Bank (ECB), input historical rates, and view automatic currency effects across data models.

 

Granular audit trails and insights to ensure accuracy and collaboration

Strengthen insights with our drill-down feature, from group-level data to cost centers, postings, and scanned documents. It’s the perfect answer for consolidation, group controlling, and planning.

 

Enhanced transparency and collaboration

Improve collaboration with key features to add comments and descriptions, track changes, and upload supporting documents in various formats, including emails and PDFs.

 

The CFO Solution Platform of choice for financial excellence

Empower your finance teams with next-generation, purpose-built solutions that unify data, people, and strategy, boosting efficiency and driving strategic decisions—all within a secure, scalable, and best-in-class cloud environment.

Customer stories

Over 6,000 happy customers worldwide

Related resources

Download our guides. Upgrade your performance.

The ultimate IFRS 18 readiness guide

eBook

The ultimate IFRS 18 readiness guide

IFRS 18 takes effect in 2027; but your systems must be ready by 2026. Master the consolidate-to-report journey with our comprehensive readiness guide.

The Financial Consolidation & Group Accounting Survey 26

Analysts' report

The Financial Consolidation & Group Accounting Survey 26

Lucanet leads the 2026 BARC Survey with a #1 ranking in categories such as Ease of Use, Predefined Connectors, Traceability & Auditability, among others. Read Lucanet‘s highlights and why Lucanet is a top choice for finance teams looking to solve their consolidation challenges.

Capital consolidation – full consolidation of foreign currency companies

White paper

Capital consolidation – full consolidation of foreign currency companies

IFRS 3 and IAS 21 clearly explained: Capital consolidation and full consolidation in foreign currency, with goodwill, non-controlling interests, and exchange rate differences. For reliable IFRS consolidated financial statements.

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