Lucanet

Lucanet offers a comprehensive CFO Solution Platform that automates and streamlines financial consolidation, planning and reporting. The platform provides a single source of truth for financial data, allowing finance teams to make business decisions with speed and confidence.

Lucanet modernizes finance by delivering fast time to value, out-of-the-box automation and a standardized, intelligent approach to financial processes. The platform is user-friendly, integrates with more than 300 ERP, HR and other source systems, and ensures compliance-ready financial and ESG reports.

The platform includes the following features:

• Consolidation and Financial Planning: Automates planning, closing, consolidation and reporting to ensure accurate financial decisions.
• ESG Reporting: Collects, analyzes and reports ESG actions and data with transparency and efficiency.
• Disclosure Management: Centralizes and automates reporting processes for seamless disclosure.
• Tax Compliance and Reporting: Simplifies complex tax compliance and reporting processes.
• Lease Accounting: Automates the calculation, posting and reporting of leasing contracts according to IFRS 16.
• Banking and Cash Management: Offers a cloud-based solution for multibank execution of electronic payment transactions, cash management and liquidity planning.

The platform also boasts high usability, with 92% of users rating it as highly usable. Onboarding is fast, with most users reporting a quick and easy setup. Users have also reported substantial cost savings in monthly financial consolidation.

Lucanet serves more than 5,000 customers across the globe, in numerous industries, and has been simplifying finance for more than 20 years. The platform supports global financial operations with multi-currency conversions and ensures data accuracy and reliability.

Lucanet is committed to security and data protection, adhering to recognized industry standards to ensure the confidentiality, integrity and availability of company, customer and partner data.

For finance teams looking to simplify their financial processes, Lucanet offers a reliable and efficient solution to ensure compliance, transparency and data accuracy. With automation and real-time insights, the platform enables CFOs and finance teams to focus on strategic initiatives and drive business growth.

Published on July 7, 2024