Lucanet

TL;DR

Unified CFO platform covering consolidation, xP&A, ESG, disclosure, tax, lease accounting, and cash management.
AI-enhanced workflows (Lucanet Copilot) reduce manual work and speed decision-making.
ERP-agnostic, cloud-first architecture with 300+ standard integrations and a unified data model.
Best for corporate finance teams needing a single source of truth and compliance-ready reporting.

What is Lucanet

Lucanet is a cloud-first, AI-enhanced Corporate Performance Management (CPM/EPM) platform that unifies financial consolidation, planning and budgeting (xP&A), ESG reporting, disclosure management with XBRL, tax compliance (including Pillar 2 and CbCR), IFRS 16 lease accounting, and banking/cash management. It solves the fragmentation of finance data and processes by creating a single source of truth across ERP and operational systems, automating data collection, controls, and narrative reporting. Purpose-built for the CFO office, Lucanet’s platform combines enterprise-grade security, 300+ standard integrations, and GenAI assistants (Lucanet Copilot) to accelerate close, improve forecast accuracy, and streamline compliance.

Key Features

Financial Consolidation: Automates multi-entity consolidation with support for varying structures, multiple standards, and currencies to deliver faster, more precise group reporting.
Extended Planning & Analysis (xP&A): Connects operational and financial planning for data-driven decisions using advanced modeling and scenario analysis from a single source of truth.
ESG Reporting (CSRD/ESRS/DMA/GHG): Collects and harmonizes sustainability data and integrates DMA, ESRS, CSRD, and GHG calculations into layout-ready ESG reports.
Disclosure Management & XBRL: AI-enhanced narrative reporting with collaboration and precise, XBRL-tagged disclosures to meet investor and regulator expectations.
Tax Compliance & Reporting: Supports end-to-end tax processes including Pillar 2, country-by-country reporting (CbCR), and income tax compliance, with automation and auditability.
IFRS 16 Lease Accounting: Automates contract valuation, postings, and reporting for lease portfolios, impacting key metrics such as EBITDA and debt ratios.
Banking & Cash Management: Centralizes and automates banking and payment transactions, improving liquidity visibility and control.
Lucanet Copilot (GenAI): AI assistants reduce manual, repetitive work and support cognitively demanding tasks across solutions to boost productivity.
Unified Data Environment: ERP-agnostic platform integrates master, financial, cost accounting, ESG, and tax data into a single source of truth for analytics and reporting.
300+ Standard Integrations: Effortlessly connects to ERP, accounting, and operational systems to automate data collection, orchestration, and reduce manual extraction.
Cloud-Based, Scalable Architecture: Delivers real-time access, enhanced performance, collaboration, and security—without maintaining on-prem infrastructure.
Out-of-the-Box Usability: Ready-to-use solutions from day one help reduce onboarding time and accelerate time-to-value with standardized, intelligent workflows.

Who is Lucanet for?

Key Use Cases & Applications

Accelerating monthly and year-end close with automated, multi-entity consolidation.
Unifying budgeting, forecasting, and what-if scenario planning across functions (xP&A).
Producing CSRD/ESRS-compliant ESG reports with DMA assessments and GHG calculations.
Creating investor-ready, XBRL-tagged annual and interim disclosures.
Managing Pillar 2 and CbCR tax reporting with consistent, audit-ready processes.
Automating IFRS 16 lease calculations, postings, and portfolio reporting.
Centralizing banking connections, payments, and real-time cash visibility.
Establishing a finance data hub with 300+ integrations for analytics and BI.

Pros

AI-enhanced workflows (Lucanet Copilot) cut manual tasks and speed analysis.
Unified, ERP-agnostic data model consolidates finance, tax, and ESG into one source of truth.
300+ standard interfaces simplify data integration and reduce extraction effort.
Out-of-the-box templates and standardized workflows accelerate implementation.
Comprehensive compliance support: XBRL disclosures, CSRD/ESRS ESG, Pillar 2, CbCR, IFRS 16.
Cloud-first, enterprise-grade performance and security for scalable operations.
Customer-reported usability and fast implementation (92% usability; 9/10 fast and easy).
Broad solution coverage reduces the need for multiple point tools.

Cons

The breadth of modules can introduce complexity; teams may require formal enablement to fully leverage advanced features.
Highly tailored workflows beyond the standardized model may need expert configuration.
Cloud-first deployment may not suit organizations with strict on-premises mandates.
Pricing is not publicly listed; evaluation typically requires engagement with sales.

Pricing Info

Pricing is not publicly available, You need to contact them.

FAQs

Does Lucanet use AI to enhance finance workflows?

Yes. Lucanet includes GenAI capabilities via Lucanet Copilot to minimize manual, time-consuming tasks and support complex, cognitively demanding activities across multiple solutions.

What integrations does Lucanet support?

Lucanet is ERP-agnostic and offers over 300 standard interfaces to ERP, accounting, and operational systems, enabling automated data collection and orchestration.

Can Lucanet handle multi-standard, multi-currency consolidations?

Yes. The platform automates consolidation for diverse group structures and supports multiple accounting standards and currencies for faster, more precise reporting.

Does Lucanet support ESG, CSRD/ESRS, and XBRL requirements?

Yes. Lucanet supports end-to-end ESG reporting (DMA, ESRS, CSRD, GHG) and AI-enhanced disclosure management with precise XBRL tagging.

Is there a free trial and how is Lucanet priced?

Public pricing and free trials are not listed. Lucanet offers tiered packages (Basic, Advanced, Professional); contact sales or request a demo to scope features and costs.

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