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LucaNet description
LucaNet is a global software platform designed for finance teams in mid-sized to large companies. It brings together tools for financial consolidation, planning, reporting, and analysis in one place. LucaNet aims to simplify financial processes, improve data accuracy, and ensure regulatory compliance, ultimately saving time and giving finance teams a clearer view of their company's financial health.
Who is LucaNet best for
LucaNet helps mid-sized to large companies streamline financial consolidation, planning, and reporting. Users praise its data analysis capabilities and single source of truth for financial data. However, some find the interface overwhelming and the setup complex. Consider LucaNet if your company needs robust financial management but be prepared for a learning curve.
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Best fit for mid-sized to large companies seeking to streamline financial processes.
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Ideal for industries like finance, retail, healthcare, and manufacturing, among others.
LucaNet features
Supported LucaNet supports data analysis via interactive analysis, Excel integration, and reporting tools. |
Supported LucaNet supports treasury management through its acquisition of ementexx. |
Supported LucaNet supports generating reports and dashboards to visualize financial progress and performance. |
Supported LucaNet offers budgeting, forecasting, and financial planning tools, including what-if analysis. |
Supported LucaNet offers tools for regulatory compliance, audit-compliant reporting, and XBRL support. |
LucaNet reviews
We've summarised 165 LucaNet reviews (LucaNet Capterra reviews and LucaNet G2 reviews) and summarised the main points below.
- Excellent for financial consolidation, streamlining processes and improving data accuracy.
- User-friendly core functionalities, once training is complete.
- Highly effective data analysis capabilities across various categories.
- Flexible and adaptable software, allowing customized setups for different needs.
- Provides a single source of truth for financial data, enhancing transparency and confidence.
- Limited reporting capabilities within the software, often requiring Excel for dashboards.
- Overwhelming interface, especially for new users, due to the diverse data options.
- Complex setup and integration with other systems, sometimes requiring extensive scripting.
- Steep learning curve for advanced features and limited self-service resources.
- High cost, especially given the need for add-ons and consultant support for some features.
LucaNet pricing
The commentary is based on 13 reviews from LucaNet Capterra reviews and LucaNet G2 reviews.
LucaNet's pricing is generally considered competitive and offers good value, especially for its consolidation capabilities. However, some users find the licensing costs high, particularly after switching to the annual subscription model. Others mention the additional costs for training modules and consultant support.
Users sentiment
See the LucaNet pricing page.
LucaNet alternatives
Certent Disclosure ManagementStreamlines financial reporting, ensures compliance, and reduces errors.Read more
SAS Financial ManagementStreamlines financial planning, analysis, and reporting for better decisions.Read more
LucaNet FAQ
LucaNet is a software platform for financial consolidation, planning, reporting, and analysis, designed for mid-sized to large companies. It streamlines financial processes, improves accuracy, and ensures compliance, offering a central hub for financial data management. LucaNet helps finance teams gain a clearer view of their company's financial health.
What is LucaNet and what does LucaNet do?
LucaNet is a software platform for financial consolidation, planning, reporting, and analysis, designed for mid-sized to large companies. It streamlines financial processes, improves accuracy, and ensures compliance, offering a central hub for financial data management. LucaNet helps finance teams gain a clearer view of their company's financial health.
LucaNet integrates with other systems through its Excel integration and supports data import and export functionalities. It also offers an API for custom integrations and has recently expanded its integration capabilities through the acquisition of ementexx for treasury management. However, some users find the integration process complex, sometimes requiring extensive scripting.
How does LucaNet integrate with other tools?
LucaNet integrates with other systems through its Excel integration and supports data import and export functionalities. It also offers an API for custom integrations and has recently expanded its integration capabilities through the acquisition of ementexx for treasury management. However, some users find the integration process complex, sometimes requiring extensive scripting.
Top alternatives to LucaNet include Workiva, JustPerform, CCH Tagetik, and OneStream. These competitors offer similar features for financial consolidation, planning, reporting, and analysis, catering to mid-sized and large businesses.
What the main competitors of LucaNet?
Top alternatives to LucaNet include Workiva, JustPerform, CCH Tagetik, and OneStream. These competitors offer similar features for financial consolidation, planning, reporting, and analysis, catering to mid-sized and large businesses.
Yes, LucaNet is a legitimate software platform for financial consolidation, planning, reporting, and analysis. It's known for its data accuracy and process streamlining, though some users find the interface complex and the cost high. LucaNet is safe and suitable for mid-sized to large businesses.
Is LucaNet legit?
Yes, LucaNet is a legitimate software platform for financial consolidation, planning, reporting, and analysis. It's known for its data accuracy and process streamlining, though some users find the interface complex and the cost high. LucaNet is safe and suitable for mid-sized to large businesses.
I couldn't find pricing details for LucaNet. Contact LucaNet directly for product pricing or a customized quote. Exploring whether LucaNet is worth the investment will depend on your specific needs and budget.
How much does LucaNet cost?
I couldn't find pricing details for LucaNet. Contact LucaNet directly for product pricing or a customized quote. Exploring whether LucaNet is worth the investment will depend on your specific needs and budget.
LucaNet's customer service receives mixed reviews. While some users praise the quick and helpful support, others have noted a recent decline in response time and increased reliance on paid consultants for complex issues. Many users highlight the excellent support team and readily available assistance.
Is LucaNet customer service good?
LucaNet's customer service receives mixed reviews. While some users praise the quick and helpful support, others have noted a recent decline in response time and increased reliance on paid consultants for complex issues. Many users highlight the excellent support team and readily available assistance.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.