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Lucanet Reviews & Product Details

RL
Group Controller
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Lucanet?

Lucanet helps us to consolidate data of many different companies with different accounting systems and different data quality. It makes it a lot easier for us to evaluate and analyze data and to export it to Excel in a consistent form Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

There is so much data to evaluate in different data planes: from accounts over charge codes to cost centers. You can easily lose yourself while getting deeper and deeper into your data but the variety of data is also an advantage of the system. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

- Consolidation of different companies with different accounting systems in different currencies with different data quality

- allows us to easily im- and export data Review collected by and hosted on G2.com.

Lucanet Overview

What is Lucanet?

Lucanet is the CFO Solution Platform built for modern finance leaders. By uniting, standardized, compliance-ready insights in one easy-to-use, out-of-the-box SaaS platform, Lucanet’s intelligent solution delivers exceptional time-to-value that enables CFOs to lead with ease. Thousands of customers around the world rely on Lucanet every day for transparent data and intelligent workflows they need to manage their strategic and reporting needs, make confident decisions, improve productivity, and create strategic value with speed and accuracy.

Lucanet Details
Languages Supported
German, English, French, Dutch, Russian, Spanish, Chinese (Simplified)
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Product Description

Lucanet offers a suite of integrated products to meet all of corporate and financial performance management needs.

How do you position yourself against your competitors?

Whether a budding start-up, traditional family business, or publicly traded group –
LucaNet is the perfect solution for companies of all sizes and sectors. Our certified
software for the preparation of financial statements, financial planning, reporting,
and data management has received countless accolades for its user-friendliness
and performance. From independent sources as well as from our customers.


Seller Details
Year Founded
1999
HQ Location
Berlin, Germany
Twitter
@LucaNet
735 Twitter followers
LinkedIn® Page
www.linkedin.com
670 employees on LinkedIn®

LS
Overview Provided by:

Recent Lucanet Reviews

TR
Trung R.Mid-Market (51-1000 emp.)
5.0 out of 5
"Analyze amounts of data across various categories"
Despite the feeling having diverse data options actually proves advantageous. The software is user-friendly but requires training. LucaNets core fu...
Himani N.
HN
Himani N.Small-Business (50 or fewer emp.)
5.0 out of 5
"Very efficient tool"
It helps to analyse my financial data very effectively
RB
Rob B.Small-Business (50 or fewer emp.)
5.0 out of 5
"Problems of data consolidation and report generations"
. LucaNet allows us to analyze a range of data in ways. It solves the flexibility in that regard.It can sometimes be overwhelming with all the d...
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Lucanet Media

Lucanet Demo - Consolidation and Financial Planning
Lucanet offers user-friendly software for financial consolidation. A fully automated process through all consolidation steps and group structures, regardless of complexity.
Lucanet Demo - Disclosure Management
Whether preparing financial or non-financial information, such as annual reports, our disclosure management solution streamlines the entire process.
Lucanet Demo - ESG Reporting
Why struggle with ESG reporting? Collect data, analyze information, and produce fully compliant reports – all at the touch of a button.
Lucanet Demo - Dashboard View
Lucanet offers an intuitive financial reporting software that guarantees timely delivery of accurate information to the appropriate stakeholders for decision-making processes.
Lucanet Demo - Intercompany Reconciliation
Our IC reconciliation tool enables decentralized reconciliation prior to consolidation and saves those involved at the parent company level from having to tediously search for discrepancies during consolidation.
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57 out of 58 Total Reviews for Lucanet

4.8 out of 5
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57 out of 58 Total Reviews for Lucanet
4.8 out of 5
57 out of 58 Total Reviews for Lucanet
4.8 out of 5

Lucanet Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for LucanetQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
RB
Head Golf Professional
Sports
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Lucanet?

.

LucaNet allows us to analyze a range of data in ways. It solves the flexibility in that regard.It can sometimes be overwhelming with all the data. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

LucaNet is generally user friendly and makes data updates and sharing easy theres some limitations in terms of reporting capabilities on the end. To create dashboards its important to activate the Excel plug in and carefully design interfaces. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet has successfully addressed the problems of report.The software is really user friendly and intuitive which makes it a breeze for our team to navigate. In our accuracy to the real time data updates and automated processes. Review collected by and hosted on G2.com.

TR
DevOps
Internet
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Lucanet?

Despite the feeling having diverse data options actually proves advantageous. The software is user-friendly but requires training. LucaNets core functions are commendable. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

Utilizing the Excel plug in and incorporating Excel formulas increases dashboard creation. Rellying on sources, for information and manually scrutinizing Excel spreadsheets is time consuming. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet solves the problem of manual procedures. It is providing us with a solution that perfectly aligns with our requirements that make sure financial data. Review collected by and hosted on G2.com.

Suyash M.
SM
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Lucanet?

The best thing i like about LucaNet is it's data analysis Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

Graphics can be improved to in boost the customer experience Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

It helps me to carry out financial reports very accurately! Review collected by and hosted on G2.com.

Himani N.
HN
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Lucanet?

It helps to analyse my financial data very effectively Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

Not really a dislike! However just a feedback, we can add more colors to the tool. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

Makes it easy to arrange the financial data for my team. The segregation of the data benefits me and my process a lot. Review collected by and hosted on G2.com.

VK
Senior Group Controller
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Lucanet?

It is very easy to adapt Lucanet to your individual needs. It is possible to use the Software itself or implement it very easyily in Excel. Advanced Excel users but also beginners can use the Excell-AdIn easily. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

I would like to also upload texts in a separate column. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

It is easy to generate our Monthly Reporting, Forecast/Budget Reporting in Lucanet. It is perfect for combing Financial data and additional data from the previous system. I love its user-friendly interface. It is a great tool that can be adjusted and modified by the user itself too, meaning you do not need always the support of Lucanet to develop new Reportings in the tool. It is very easy to update data and share it with many people. You could not only upload numbers but also comments or even add some in the tool itself. It is perfect for planning and reporting and combining different data and different sources. Review collected by and hosted on G2.com.

David O.
DO
Co-Founder & CEO
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Lucanet?

There is a wide range of possibilities regarding budgets, data configuration and reporting. At the same time it's very user-friendly and data security is given based on individual result-checks. With the interface to power bi you have high-quality possibilities in terms of modern visualization. Support is very professional! Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

For individual needs in terms of account splitting you need an extra app-coding. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet is our meta data system for financial reporting and analyses. In combination with power bi, it helps us get huge data tables in clear visualizations. Review collected by and hosted on G2.com.

Harald S.
HS
Director Business Consulting
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Lucanet?

The biggest advantage is the easy learnability and quick simple overview of the relevant company and group structures. The enormous performance gain in reporting but also in the annual and consolidated financial statements brings many advantages for LucaNet customers. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

The biggest disadvantage is that there is still no fully comprehensive web version available. While other BI tools have been providing web versions for over 10 years in some cases, LucaNet is losing acceptance here in many selection processes.

In addition, the German-speaking region is neglected, and everything is done in English! Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

Reporting and data analysis in the finance and controlling environment, e-balance sheet, consolidation, individual and consolidated financial statements. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
CI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lucanet?

Most helpful for me are the assistant-based intercompany reconciliation and elimination bookings, the drilldown function on the posting level and the quick connection to various accounting systems using standard interfaces. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

A real workflow component would be helpful. Review collected by and hosted on G2.com.

Recommendations to others considering Lucanet:

Implementation is very quick, which means first useful results are ready from the beginning. Great performance, high user experience. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet is helping with the balance planning using booking rules on the P&L accounts. There is a great Excel integration in both directions (down- and upload from and to LucaNet). Consolidation works fully automatic, yet transparently. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Lucanet?

Very easy to use, flexible, quick usage of the consolidation apps. Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

The reporting functions in LucaNet itself aren´t perfect. For us excel reportings are still inevitable. Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet collects all financial data in our group which enables us to create a consolidated financial statement. Review collected by and hosted on G2.com.

Verified User in Management Consulting
CM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Lucanet?

The handling and flexibility of the reporitng Review collected by and hosted on G2.com.

What do you dislike about Lucanet?

Retracement of historical CTA/ Plausibility of Balance Switches / Retracement of historical differences form debt consolidation / No transparency of postings on group level Review collected by and hosted on G2.com.

What problems is Lucanet solving and how is that benefiting you?

LucaNet allows to quickly set up an initial reporting which can be easily developed further. Moreover, it allows clients to work independently from consultants after a short period of time Review collected by and hosted on G2.com.