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Lucanet

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User corporate size
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User industry
  1. Banking and insurance
  2. Real estate and property management
  3. Manufacturing

What is Lucanet

Lucanet is a corporate performance management (CPM) suite used by finance teams to manage consolidation, financial close, planning, and reporting processes. It supports group accounting and statutory reporting workflows, including intercompany eliminations and audit-ready documentation. The platform is typically used by mid-sized to enterprise organizations that need structured close and consolidation alongside budgeting and forecasting. Lucanet also offers disclosure and report production capabilities to support recurring financial statement packages and regulatory-style reporting.

pros

Strong consolidation and close workflows

Lucanet is widely used for group consolidation, including intercompany reconciliation and eliminations, minority interests, and multi-entity structures. It supports structured close processes with task management and documentation that can help standardize period-end activities. These capabilities align well with finance-led CPM use cases where consolidation accuracy and auditability are primary requirements.

Finance-oriented reporting and disclosure

The product includes tooling for producing recurring financial report packages and narrative-style disclosures, which can reduce manual document assembly. It supports controlled data sourcing from consolidation results into formatted outputs, helping maintain consistency across reporting cycles. This is useful for organizations that need both management reporting and formal financial statement-style deliverables.

Integrated CPM suite coverage

Lucanet covers multiple CPM domains—consolidation, close, planning, and reporting—within one vendor portfolio. This can reduce the number of separate systems needed for finance performance management and period-end reporting. For teams prioritizing finance-owned processes, the suite approach can simplify governance, user management, and standardization across workflows.

cons

Implementation can be resource-intensive

Consolidation and close implementations typically require careful modeling of legal entities, ownership structures, currencies, and accounting rules. Organizations often need specialist support to configure workflows, mappings, and reporting outputs. This can extend timelines compared with lighter-weight planning-only deployments.

Planning flexibility varies by use case

While Lucanet supports budgeting and forecasting, highly complex driver-based planning, operational modeling, or cross-functional planning may require additional design effort. Organizations with heavy non-finance planning requirements may find they need more customization or complementary tooling. Fit depends on how much planning extends beyond finance-centric models.

Data integration depends on connectors

Lucanet commonly relies on integrations to ERPs and source systems for trial balances, subledger data, and master data. Integration depth and maintenance effort can vary based on the source applications and required transformation logic. Teams may need ETL/iPaaS support or custom integration work to achieve robust automation.

Plan & Pricing

Plan Price Key features & notes
Basic Contact sales / Not publicly listed Core consolidation, financial planning, reporting, data visualization, self-service knowledge base, webform/email support (business hours), foundational disclosure management and ESG data collection.
Advanced Contact sales / Not publicly listed Includes all Basic features plus extended planning & analysis, enhanced reporting/dashboarding, operational planning (headcount, vendor planning), audit logs, bidirectional interface to LN CFP + spreadsheets + 1 standard interface.
Professional Contact sales / Not publicly listed Full-feature set for larger groups: advanced workflows, integrations, enterprise interfaces and higher-level services; tailored implementations available.

Notes: Lucanet lists three license packages (Basic, Advanced, Professional) and directs visitors to contact sales for pricing. The site states licensing is available for a minimum of 12 months and that packages can be upgraded at any time.

Seller details

LucaNet AG
Berlin, Germany
1999
Private
https://www.lucanet.com/
https://x.com/LucaNet
https://www.linkedin.com/company/lucanet/

Tools by LucaNet AG

Lucanet

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