--- title: Lucanet Reviews meta_title: 'Lucanet Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 314 reviews by the users' company size, role or industry to find out how Lucanet works for a business like yours. aggregate_rating: rating_value: 4.7 review_count: 314 scale: '5' date_modified: '2026-08-09' parent_category: name: Accounting & Finance url: https://www.g2.com/categories/accounting-finance --- # Lucanet Reviews **Vendor:** Lucanet AG **Category:** [FP&A Software](https://www.g2.com/categories/fp-a-financial-planning-analysis) **Average Rating:** 4.7/5.0 **Total Reviews:** 314 ## About 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 Reviews ### 1. Great tool for budgets and forecasts **Rating:** 4.5/5.0 stars **Reviewed by:** Mathias N. | Financial Assistant, Mid-Market (51-1000 emp.) **Reviewed Date:** August 31, 2022 **What do you like best about Lucanet?** - How easy it is to import data from different data sources. - Create new variables without making major changes to the model. -The use of categories across different variables. - Compare actuals with a budget. **What do you dislike about Lucanet?** There isn't much that I don't like. The most challenging part was getting an understanding of how the tool is used and how to structure the financial models in the most efficient way. **What problems is Lucanet solving and how is that benefiting you?** Make it easier to create budgets and forecasts for different business units in the same model to give a better overview of the financial situation of the whole company. ### 2. Elevate your forecasts **Rating:** 5.0/5.0 stars **Reviewed by:** Robert N. | Performance Director, Small-Business (50 or fewer emp.) **Reviewed Date:** August 31, 2022 **What do you like best about Lucanet?** We use Causal to forecast media spend because it allows us to add variables to the inputs, showing us confidence intervals and reporting to clients the most likely scenarios. In addition, the visualisation aids are beneficial and easy to add, especially for people who are less well experienced with your average spreadsheet tool. Although it might look intimidating at first glance, it's pretty intuitive, and everything fits together seamlessly. **What do you dislike about Lucanet?** The visualisation tools are limited and can be clunky to use effectively. While they provide simple graphs/distributions, they lack the ability to customise thoroughly. **What problems is Lucanet solving and how is that benefiting you?** Primarily forecasting media spend. ### 3. Causal is a simple yet POWERFUL tool, that transformed my FP&A function **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** January 12, 2023 **What do you like best about Lucanet?** I love the dashboards and for the basic forecasting the syntax is really easy to learn. **What do you dislike about Lucanet?** For some of my more complex modeling functions, the syntax is not as clear. I'm sure that will resolve itself as I continue to use the platform. **What problems is Lucanet solving and how is that benefiting you?** Providing ranges of uncertainty and a easy way to visually display our data ### 4. Great product, user experience, and support team **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Online Media | Small-Business (50 or fewer emp.) **Reviewed Date:** July 28, 2022 **What do you like best about Lucanet?** Causal allows you to both CALCULATE and COMMUNICATE financial risk with ease. The ability to easily model ranges and integrate scenarios in budgeting and forecasting is second to none. I've tried countless FP&A tools, and while they fit some needs, none of them is on the same level as causal. A few things I like about the product - - Plain English formulas...say goodbye to $A$1:$A$1765 and say hello to "Customer List" - Relative ranges..we can say things like expected churn will be "3% to 6%" for service A and "7% to 10%" for service B. It's difficult to describe how impactful that is to modeling. You essentially reduce your variable count by half. - Support team is incredibly helpful and goes and above and beyond to help you get the most out of Causal I've seen a lot of "spreadsheet alternatives," but this is the first one that seriously lives up to the hype. Do yourself a favor and try it today. **What do you dislike about Lucanet?** For the Excel users out there, you should expect a learning curve. It took me a bit to break from my cell/column/row mindset, but one year in and I wish I had made the switch from Excel sooner. **What problems is Lucanet solving and how is that benefiting you?** tl;dr - Causal Scenario Planning actually works; for everyone (not just the person managing the spreadsheet). Causal is solving one of the most challenging aspects of the business - How do you effectively plan for the future given the inherent uncertainty? Locking formulas, columns, and sheets in Excel guarantee that you or your CFO will be stuck managing the file and limits your ability to collaborate with other team members. Causal makes it easy to communicate with others, update your model and assumptions, and display the level of certainty you have in the forecast. Your team can now have a conversation about various inputs (churn, wages, inflation, etc.) and see those discussions come to life in your Causal model. ### 5. Best Human Language spreadsheet ever **Rating:** 5.0/5.0 stars **Reviewed by:** Constantino R. | New Business Development Advisor, Mid-Market (51-1000 emp.) **Reviewed Date:** July 27, 2022 **What do you like best about Lucanet?** The best is that you can name variables using their actual names and then use those names in your formulas, which makes it very intuitive for you and your team to review and find errors. **What do you dislike about Lucanet?** I think at this time, there is still lack of templates to help the community to build more and more models and share it with other users. If more templates are available, I think the growth for causal can increase a lot. **What problems is Lucanet solving and how is that benefiting you?** It helped me to forecast a business model for an e-commerce platform in less than 1 hour with a pre-build template. It help me to make a sensitivity analysis very quickly and in an intuitive way. ### 6. Best way to forecast our cashflow **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Computer Software | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Collecting your historical data is easy, you login to your accounting or reporting dashboard and press "export". But the ability to use that historical data and make prognoses based on it, is truly a game-changer for us. - It allows us to forecast our subscription revenue in the future. - It allows us to forecast our cashflow with great accuracy in the future. - It allows us to plot out our hiring plan and the impact on our cashflow. All these things end up giving you as a founder (and non-CFO) the necessary confidence to execute your plans, knowing you've got the needed buffer. **What do you dislike about Lucanet?** It takes some time to get used to the different concepts, especially if were not used to forecasting tools(like me) Building out a model takes time and probably multiple takes. Moulding the data correctly requires some hoop-jumping **What problems is Lucanet solving and how is that benefiting you?** Cashflow forecasting, helped us make informed decision around hiring and budgets. ### 7. Time-based models for business the way they should have always been done - intuitive, fast and easy. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Mechanical or Industrial Engineering | Small-Business (50 or fewer emp.) **Reviewed Date:** July 27, 2022 **What do you like best about Lucanet?** No need to manually do calculations for dates/time periods. Causal handles it all, in the way you expect it to. Enter a formula and it calculates it for all the time periods you have set. Ability to enter values in a range to handle uncertainty, and Causal carries that uncertainty through all calculations for you, automatically, saving you from having to do it manually. This is a game-changer when you need to do scenario planning and quickly switch between different scenarios and variables. The ability to share models and let people play with changing variables, and not change the underlying model makes exploration of assumptions and discoveries not only less risky and easier but promotes a culture where of sharing, transparency and giving all team members an opportunity to discover insights and contribute. **What do you dislike about Lucanet?** The idea of calculating a formula across many time periods would be excellent to extend to arbitrary periods, not just time-based. I believe this is in the pipeline for Causal, but as yet not there. I have more cases where I need a generic period step rather than time, where the Causal approach would be great. You can work around this using the time periods to mimic a generic case, but it is a little tedious. Other aspects of the program like graphs and how much control over the appearance are still primitive to more mature products, but this will come with time as the product matures. For the most part, the standard graphs suffice, but in certain circumstances, I need to export data to build a more custom graph using another program. **What problems is Lucanet solving and how is that benefiting you?** The ability to make complicated time-based model calculations simply and intuitively, without having to write multiple formulas, dragging it out, and ensuring no formula errors in any time-period is a real game-changer compared to doing the same thing in a spreadsheet. There are other programs to do more sophisticated modeling, but Casual brings the simplicity and familiarity of a spreadsheet to more sophisticated modeling and does it well. A lot of potential with what they are doing. The ability to enter values in a range with natural language, and have that range and uncertainty carry through all calculations has saved me time and allows me to explore aspects of a model that would have been neglected before simply because they were too complicated to do in a spreadsheet and too complicated, time-consuming or costly to move to a more sophisticated software. Then exploring different scenarios based on the input variables allows me to explore the best options quite easily, and feel confident in the decision taken, that you have comprehensively explored all scenarios. ### 8. Great software to manage your Business Plan! **Rating:** 5.0/5.0 stars **Reviewed by:** David D. | Co-founder & CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** July 29, 2022 **What do you like best about Lucanet?** Very powerful, we use Causal to model our overall SaaS business, from People to Marketing and Cash flows. Extremely useful when it comes to planning and operating the business. **What do you dislike about Lucanet?** The tool can be a bit hard to figure out in the beginning and requires some kind of learning curve as it's a different paradigm than excel. It could also use a bit more integration and more advanced functionality when it comes to exporting the data and collaborating on a model. **What problems is Lucanet solving and how is that benefiting you?** Causal is solving the master excel file that is impossible to maintain and update. Thanks to Causal I have much higher visibility of my business and can plan much more effectively. ### 9. Causal Comments **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Health, Wellness and Fitness | Small-Business (50 or fewer emp.) **Reviewed Date:** July 28, 2022 **What do you like best about Lucanet?** Top 3: - Efficiency: Foremost, the time it takes to define, develop, and view financial models. Switched from Excel and not going back. - Training: Online material helped me to self-learn and start using it very quickly. - Dashboard: Super easy to use and ability to perform What-If Analysis via different variables. - Many more. **What do you dislike about Lucanet?** - Cryptic: No tech users might find it cryptic on many formulas - Vary growth over time: Inability to alter growth over time (e.g. X% in Y1, Y% in Y2, etc) - Standard formulas for valuation (e.g. DCF, LTCV, ARR, etc.) will help startups. **What problems is Lucanet solving and how is that benefiting you?** Budgeting and forecasting of a startup business. Ability to estimate headcount, cost, budgets, and expenses with a multitude of assumptions. Importantly having that graphical representation of data for various categories. Ability to easily alter an assumption and see its impact to various categories including the bottom line. ### 10. Fantastic for doing product evaluation forecasting! **Rating:** 4.5/5.0 stars **Reviewed by:** Will E. | Product Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** August 22, 2022 **What do you like best about Lucanet?** I like how easy it is to use Causal to evaluate and forecast potential revenue impact for product work. We have been using Causal to explore different pricing options for our product work and share with external stakeholders as we iterate on our platform. **What do you dislike about Lucanet?** I think for new users the experience can take a bit to learn. When we first built our model in Causal, external folks needed more hand holding at first to get the aha moment of the system and feel comfortable using it themselves. **What problems is Lucanet solving and how is that benefiting you?** Forecasting potential revenue gains from new product releases. ### 11. Going beyond and above excel/sheets et al **Rating:** 5.0/5.0 stars **Reviewed by:** Bradwin S. | Lead Software Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** A great financial tool for forecasting and easy sharing with colleagues. The templates have especially been helpful as they allow quick implementations. The sharing component also means I can integrate it into different plaforms easily. **What do you dislike about Lucanet?** The price point is steep for us in South Africa. I wish there was something in between the free and current paid version. The learning curve to use the software took a bit of time. **What problems is Lucanet solving and how is that benefiting you?** Forecasting and using the templates to create easy to understand models while comprehensive in contributing factors that is part of the model. Easy to use templates that really mean I can create a quality forecasting tool quickly. ### 12. Intuitive enough to just share! **Rating:** 4.0/5.0 stars **Reviewed by:** Reem S. | Director, Finance, Mid-Market (51-1000 emp.) **Reviewed Date:** August 03, 2022 **What do you like best about Lucanet?** Allows our C-suite to generate scenarios by simply changing values, intuitively. We can compare scenarios to base models, old versions and actuals through simple clicks of a button. **What do you dislike about Lucanet?** CAUSAL is relatively new, so a few bugs to comb through and uncover with the team. Their tech team is very responsive, so they are there to assist and adjust expectations based on your business's needs. **What problems is Lucanet solving and how is that benefiting you?** Modeling on a very granular level. Our projections are made up of 10 models, with each model computing hundreds of lines. CAUSAL allows you to build anything you want in any way, it's a blank piece of paper. ### 13. Best modelling tool in the market! **Rating:** 5.0/5.0 stars **Reviewed by:** Raphael B. | Director, Small-Business (50 or fewer emp.) **Reviewed Date:** August 05, 2022 **What do you like best about Lucanet?** Its transparency, ease of use, scalability and structure. Some of the functionality is just incredible, from the mapping of categories to the probability distributions, live charts, data integrations ... I could go on! **What do you dislike about Lucanet?** There are still a few bugs (though Causal is very responsive in fixing them), which as a frequent user, I come across relatively often ... also I was a fan of using the Cards view for model building, which has been discontinued - I think that's a shame. **What problems is Lucanet solving and how is that benefiting you?** It makes model building more intuitive, transparent and auditable, which helps the model building. It is also very resilient to user/client mistakes, which helps as a consultant, and from a business perspective, it makes comparing budgets vs. actuals, and introducing uncertainty to models simple and really easy to understand. ### 14. A truly groundbreaking alternative to spreadsheets **Rating:** 4.5/5.0 stars **Reviewed by:** Ian M. | Director, Small-Business (50 or fewer emp.) **Reviewed Date:** August 08, 2022 **What do you like best about Lucanet?** I think Causal's best feature is its flexibility. Every client's reporting/forecasting needs are different and Causal enables the construction of a bespoke model for each case. **What do you dislike about Lucanet?** There have been some noticeable improvements in performance, it would be good to see further improvements as moderately complex models with multiple categories start to noticeably slow down. I'd also love to see improved pdf reporting capabilities. **What problems is Lucanet solving and how is that benefiting you?** After trying numerous reporting/forecasting solutions, including spreadsheets, Causal has provided a truly bespoke tool to solve my clients' forecasting & variance reporting (to Xero actuals). ### 15. One of the best modeling tools on the market. **Rating:** 5.0/5.0 stars **Reviewed by:** Jonni I. | FP&A, Mid-Market (51-1000 emp.) **Reviewed Date:** August 30, 2022 **What do you like best about Lucanet?** One of the best features of Causal is being able to create and link models. This is valuable when building financial models across an organization and consolidating leadership reporting. Additionally, the ability to reduce the overuse of formulas is fantastic! **What do you dislike about Lucanet?** One downside of the platform in its current state is the visuals they provide. The ability to build models is great, but it is difficult to tell the story visually with the current suite of views. **What problems is Lucanet solving and how is that benefiting you?** Causal is solving the overuse of excel and gsheets problem we have in financial planning. Additionally, being able to easily sync data across multiple data sources into a central location without the need for complex coding. ### 16. Very Useful for Planning, from High Level to Lots of Detail **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.) **Reviewed Date:** January 12, 2023 **What do you like best about Lucanet?** The ability to easily link models together, and to be able to compare prior forecasts and create difference versions. **What do you dislike about Lucanet?** Some of the syntax is a bit different than sheets/excel, and sometimes manually overriding things such as bad data is hard to do as it can be rigid at times. **What problems is Lucanet solving and how is that benefiting you?** It helps with the visualization piece, with linking everything together and making sure all the models tie out. ### 17. Great for all kinds of modeling needs; still needs work on getting data out of Causal **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Environmental Services | Mid-Market (51-1000 emp.) **Reviewed Date:** January 17, 2023 **What do you like best about Lucanet?** Ability to create complex variables, different, scenarios, and goals. It's very flexible and fast. **What do you dislike about Lucanet?** Once you build out a great model in Causal, it's hard to get that into a data warehouse, data visualization tool, or even gsheet. **What problems is Lucanet solving and how is that benefiting you?** It's solving our forecasting needs and is allowing our forecasting to be more dynamic, shareable, and not locked in Excel sheets. ### 18. Incredibly Intuitive **Rating:** 5.0/5.0 stars **Reviewed by:** Andrés G. | Financial Modeling Independent Consultant, Mid-Market (51-1000 emp.) **Reviewed Date:** July 28, 2022 **What do you like best about Lucanet?** I like the easy process to build a model, I was using it to help my customers and teach them the different scenarios available just by changing one variable. Love the range functionality and how shows in a chart or table different scenarios. **What do you dislike about Lucanet?** I think that would be useful to add more formulas or functions similar to Excel or Google spreadsheets like Vlookup, Filter, etc. That will be very helpful when there is a need to search for some figures from another variable. **What problems is Lucanet solving and how is that benefiting you?** The recent problem resolved by Causal is the control of actual and forecast figures, it was very useful to distinguish both kinds of values. Also, I loved when it was possible to change the time labels. ### 19. Causal for VC Fundraising Models and Presentations **Rating:** 5.0/5.0 stars **Reviewed by:** Edward F. B. | Strategic Advisor - Fundraising, Blockchain and Fractional CFO, Small-Business (50 or fewer emp.) **Reviewed Date:** August 11, 2022 **What do you like best about Lucanet?** Causal has really accelerated how quickly we can build a Financial Revenue projection, Valuation Model or Cap Table analysis and make it completely input driven. **What do you dislike about Lucanet?** For more complex 3 statement models, we prefer to transition to Excel to make duplicating similar formulas much faster, however the visuals then take time. **What problems is Lucanet solving and how is that benefiting you?** Creating templates very quickly for our proprietary models like Cap Table Evolution, Revenue Growth / Decay models, Comparative and VC Investor Valuations. ### 20. LucaNet, the most stable and smoothest BI tool **Rating:** 5.0/5.0 stars **Reviewed by:** Harald S. | Director Business Consulting, Mid-Market (51-1000 emp.) **Reviewed Date:** May 25, 2022 **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. **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! **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. ### 21. Massively powerful modelling tool for finance, operations and more **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Internet | Mid-Market (51-1000 emp.) **Reviewed Date:** August 19, 2022 **What do you like best about Lucanet?** Love how flexible it is for all sorts of complex situations. Modelling cloud costs alongside service costs was the main driver for us. Also they have been super helpful as a company to listen to what we need and give us advice on the best way to achieve it. **What do you dislike about Lucanet?** Some things can be a bit fiddly and there can be a steep learning curve depending on your level of expertise and what you're trying to achieve. Having said that they have great learning resources and always happy to help **What problems is Lucanet solving and how is that benefiting you?** Modelling cloud resource costs alongside human resources all in one model ### 22. Powerful modelling and analysis platform **Rating:** 5.0/5.0 stars **Reviewed by:** James C. | Chief Financial Officer, Mid-Market (51-1000 emp.) **Reviewed Date:** August 24, 2022 **What do you like best about Lucanet?** The modelling capabilities within the platform are excellent, and provide much greater control over the inputs, outputs and logic within our forecasts. Would highly recommend! **What do you dislike about Lucanet?** Nothing that we've experienced so far, and with investment planned I expect the platform to improve further over the coming years. **What problems is Lucanet solving and how is that benefiting you?** Manual effort creating financial models, insight into scenario planning and efficiency of repeating models. ### 23. More efficient than excel **Rating:** 4.0/5.0 stars **Reviewed by:** Kieran W. | Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** August 11, 2022 **What do you like best about Lucanet?** The ability to create complex models faster and adjust them more easily than excel **What do you dislike about Lucanet?** The move from excel to causal took a minute, which was natural after years of ingrained excel use but that's natural with any new software **What problems is Lucanet solving and how is that benefiting you?** Causal has reduced the time it takes to model out financial scenarios so we have spend more time acting on them than we spend creating them ### 24. Simply the best tool available in the Market! bye bye Spreadsheet **Rating:** 5.0/5.0 stars **Reviewed by:** Dhan G. | Finance & Accounts Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** August 30, 2022 **What do you like best about Lucanet?** Simplicity and like a spreadsheet feel but I would say it's a game changer for handling hour FP&A, Budgeting, Financial analysis and other scenarios we create to run our business. **What do you dislike about Lucanet?** Formulas need more simple like Excel. It needs more time to adjust and learn the tools. **What problems is Lucanet solving and how is that benefiting you?** Automate our FP&A fully. ### 25. Pass it on... **Rating:** 5.0/5.0 stars **Reviewed by:** Adam M. | Non-executive director, Mid-Market (51-1000 emp.) **Reviewed Date:** July 27, 2022 **What do you like best about Lucanet?** With Causal is simple to create, manipulate and analyse models - which is fantastic for any business. **What do you dislike about Lucanet?** There is a learning curve which could be less steep, and the UI is a little on the dry side. **What problems is Lucanet solving and how is that benefiting you?** Designing and modulating complex financial models - this is essential for the kind of businesses I work in. Being able to build and change parameters easily is a godsend. ### 26. A good way to automate your spreadsheet **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** January 12, 2023 **What do you like best about Lucanet?** I love it can auto update and sync with my data source directly. **What do you dislike about Lucanet?** The structure of the model can be a mess or less workable when you are building out a complicated model **What problems is Lucanet solving and how is that benefiting you?** Help users better orgainzed the strucute and give more diemensions in term of the structure ### 27. Making business plan interesting **Rating:** 4.0/5.0 stars **Reviewed by:** Sandeep M. | Chief Risk Officer, Small-Business (50 or fewer emp.) **Reviewed Date:** August 30, 2022 **What do you like best about Lucanet?** Easy to Use , a more user friendly and presentation oriented excel, great connectivity with other softwares **What do you dislike about Lucanet?** difficult to do complicated calculations, changing assumption for a variable in different time scenarios **What problems is Lucanet solving and how is that benefiting you?** Business plan for strat-up, linking current performance to business plan, employee cost monitoring ### 28. The upcoming FP&A tool for the modern finance team... Causal is Excel as it should be in 2022 **Rating:** 4.5/5.0 stars **Reviewed by:** David K. | VP Finance, Small-Business (50 or fewer emp.) **Reviewed Date:** August 05, 2022 **What do you like best about Lucanet?** Simplicity and intuitive Cloud based avoids version issues Collaboration made easy **What do you dislike about Lucanet?** Time to learn the tool code It requires some time to get up to speed for the entire team This can be improved by more training **What problems is Lucanet solving and how is that benefiting you?** Solving the reliability and versioning of a financial model as well as the next level in terms of collaboration ### 29. Awesome tool for financial modelling **Rating:** 5.0/5.0 stars **Reviewed by:** Steve F. | CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** July 28, 2022 **What do you like best about Lucanet?** Great tool for financial modeling for my startup. The visual outputs in the Dashboard are really helpful in communicating the plan or opportunity with stakeholders and investors. I've tried a few other tools and Causal is my favorite. **What do you dislike about Lucanet?** There's nothing I completely dislike and its continually evolving. **What problems is Lucanet solving and how is that benefiting you?** Scenario planning and visual outputs for presentations to stakeholders and investors. ### 30. Finally a financial modeling tool that fits my mental models **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Hospitality | Small-Business (50 or fewer emp.) **Reviewed Date:** August 31, 2022 **What do you like best about Lucanet?** I never liked Excel, mostly because of how fragile a spreadsheet feels. It's so easy to make mistakes. Causal adds more structure and guidelines to a model, without feeling limited at all. **What do you dislike about Lucanet?** The documentation of some functions could be better **What problems is Lucanet solving and how is that benefiting you?** It helps me to model future business cases I'm working on. From very simple models to explore different financing strategies, to a complex model of the liquidity of my business ### 31. Powerful tool **Rating:** 4.5/5.0 stars **Reviewed by:** Ioan G. | Analyst, Mid-Market (51-1000 emp.) **Reviewed Date:** August 19, 2022 **What do you like best about Lucanet?** I found Causal while researching forecasting/BI tools. Onboarding was super neat and it had all the tools I needed. Their pre-built templates were really useful :) **What do you dislike about Lucanet?** Not actually a con, but it does take a while to understand the platform and its functionalities. I recommend testing for a couple of days before trying to deploy anything big. **What problems is Lucanet solving and how is that benefiting you?** I was trying to find a solution for forecasting/predicting potential gains for marketing use cases. ### 32. Great tool especially for finance analysis, planning and consolidated financial statements **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Mid-Market (51-1000 emp.) **Reviewed Date:** July 06, 2022 **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. **What do you dislike about Lucanet?** A real workflow component would be helpful. **Recommendations to others considering Lucanet:** Implementation is very quick, which means first useful results are ready from the beginning. Great performance, high user experience. **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. ### 33. Quick and light weight analytics solution **Rating:** 4.0/5.0 stars **Reviewed by:** Stuti N. | Data Architect, Mid-Market (51-1000 emp.) **Reviewed Date:** August 05, 2022 **What do you like best about Lucanet?** shared data sets, shared models, time series visualization **What do you dislike about Lucanet?** waiting for redshift and other db connectors **What problems is Lucanet solving and how is that benefiting you?** Used for executive level dashboarding, revenue analytics, forecasting and flash data analytics ### 34. Useful tool for measuring charity effectiveness **Rating:** 4.5/5.0 stars **Reviewed by:** James H. | Research Assistant, Global Health and Development, Small-Business (50 or fewer emp.) **Reviewed Date:** August 05, 2022 **What do you like best about Lucanet?** The ability to input ranges of numbers instead of just point estimates **What do you dislike about Lucanet?** The sensitivity analysis feature could be better **What problems is Lucanet solving and how is that benefiting you?** Deciding how effective a charity intervention is ### 35. Great tool to model financial and KPI trajectory **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 19, 2022 **What do you like best about Lucanet?** Ease of use. It's fairly straightforward to get up to speed and the outputs are easy to digest and communicate. **What do you dislike about Lucanet?** Thought they do have integration capabilities, being able to integrate into MSFT ecosystem could potentially be improved. E.g. automated updates on PPT etc. **What problems is Lucanet solving and how is that benefiting you?** Keeping track of KPIs and being able to communicate them (root cause analysis) ### 36. LucaNet helped us to bring our consolidation and reporting process to the next level. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Consumer Goods | Mid-Market (51-1000 emp.) **Reviewed Date:** September 09, 2022 **What do you like best about Lucanet?** Very easy to use, flexible, quick usage of the consolidation apps. **What do you dislike about Lucanet?** The reporting functions in LucaNet itself aren´t perfect. For us excel reportings are still inevitable. **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. ### 37. Best in class FP&A tool for venture backed disruptive companies **Rating:** 4.5/5.0 stars **Reviewed by:** Lambros A. | CFO, Mid-Market (51-1000 emp.) **Reviewed Date:** July 31, 2022 **What do you like best about Lucanet?** Great visualisations, built in integrity checks and rapid scenario analysis which beats excel **What do you dislike about Lucanet?** Can be inflexible vs excel when it comes to more complex modelling e.g. modelling cohorts bottom up across different dimensions (location, product basket composition etc). **What problems is Lucanet solving and how is that benefiting you?** Answering high-level what-if questions concerning the business at both a strategic and tactical level and allowing us to easily visualise and compare the scenarios ### 38. one of the best no code CSV Free tool for many tasks **Rating:** 5.0/5.0 stars **Reviewed by:** Umar A. | CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** November 18, 2021 **What do you like best about Lucanet?** I like almost everything, This no-code tool is best for organizing and data management and data transfer from one app to another and especially automation tools. its premade templates are best for any tasks, as we launched many saas products, managing saas products data and its forecasting and visualization is very easy through this tool. **What do you dislike about Lucanet?** i would say i like every thing but there is always chances of improvment. i dont like its integeration wordpress custom post , as there is no such option or integeration. i have a large website with data in GBs and most of the data is from custom posts , i want integeration with that thing. i dislike such thing only **What problems is Lucanet solving and how is that benefiting you?** I have a lot of csv, i get rid of csv thing now my desktopis clear and i can create as many models and store data with graphs online in the cloud with this no-code tool. ### 39. Brilliant - Every FP&A team should have this **Rating:** 5.0/5.0 stars **Reviewed by:** Wyatt M. | Associate, Small-Business (50 or fewer emp.) **Reviewed Date:** August 19, 2022 **What do you like best about Lucanet?** The ease of use and the ability to manipulate cells and have other people easily access it. **What do you dislike about Lucanet?** So far no dislikes. I've been quite impressed by the product from top to bottom. **What problems is Lucanet solving and how is that benefiting you?** Ease of forecasting and creating various models in a much more straightforward manner than Excel ### 40. Data visualisation and modelling on steroids **Rating:** 4.0/5.0 stars **Reviewed by:** Chris S. | SVP of Client Services, Mid-Market (51-1000 emp.) **Reviewed Date:** August 11, 2022 **What do you like best about Lucanet?** Quickly & easily create financial models + automatically generate dynamic presentations based on those models. **What do you dislike about Lucanet?** Still a product in it's infancy and lacks the robust feature set of alternatives in the market. **What problems is Lucanet solving and how is that benefiting you?** It allows you to build models very quickly compared to doing it out of excel or google sheets. ### 41. Great for spinning up a quick analysis or a full-fledged model **Rating:** 5.0/5.0 stars **Reviewed by:** Matt S. | Co-founder, Small-Business (50 or fewer emp.) **Reviewed Date:** July 27, 2022 **What do you like best about Lucanet?** There are so many rich features, each of them carefully thought out and planned. Truly it is very intuititive, yet so powerful. **What do you dislike about Lucanet?** Shortcuts and keyword actions are of a different flavor than Excel and take some time to get used to. **What problems is Lucanet solving and how is that benefiting you?** Sensitivity analysis in Causal is great. It also does an amazing job at solving time series. ### 42. Causal is a great solution for the small business **Rating:** 2.5/5.0 stars **Reviewed by:** Anna U. | Finance Specialist, Mid-Market (51-1000 emp.) **Reviewed Date:** August 30, 2022 **What do you like best about Lucanet?** Flexibility in building analytics You can create custom reports Easy to use **What do you dislike about Lucanet?** There is no approval system that can support 2-3 levels of approvals **What problems is Lucanet solving and how is that benefiting you?** We could create our custom P&L in the system and calculate indirect costs ### 43. LucaNet is an intuitive tool for SMEs in consolidation, planning and reporting **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Management Consulting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 05, 2022 **What do you like best about Lucanet?** The handling and flexibility of the reporitng **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 **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 ### 44. Logical and efficient! **Rating:** 5.0/5.0 stars **Reviewed by:** Carolin O. | Wirtschaftsprüferin, Mid-Market (51-1000 emp.) **Reviewed Date:** August 24, 2022 **What do you like best about Lucanet?** I appreciate the efficient and logical structure as well as the many automation possibilities. **What do you dislike about Lucanet?** There is a lack of the option to store additional freely definable dimensions in Lucanet. **What problems is Lucanet solving and how is that benefiting you?** Lucanet resolves temporal inefficiencies and ensures greater transparency in the area of consolidation. ### 45. LucaNet is a very flexible tool with extensive functions and simple operation. **Rating:** 5.0/5.0 stars **Reviewed by:** Ralf J. | Commercial Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** November 18, 2021 **What do you like best about Lucanet?** - Simple data import from various previous systems - Excel interface (add-in) for import, export, Reporting - Flexible set-up of structures possible - Intuitive to use - Not only suitable for financial data but also for statistical values and the combianation of both - Very fast consolidation - Easy creation of different views on the data - Simple drill-down for data analysis **What do you dislike about Lucanet?** In fact, nothing. I would just like to have another dimension to show cost units in addition to cost centres. **What problems is Lucanet solving and how is that benefiting you?** - Monthly financial statements - Review of the recorded accounting data - Consolidation - Budget Planning - Creation of reports for various stakeholder With LucaNet, we have a faster and better overview of the financial data as well as an enormous time saving for the consolidation (was previously created quarterly in Excel). ### 46. Great idea **Rating:** 4.0/5.0 stars **Reviewed by:** Ian S. | Sales exec, Mid-Market (51-1000 emp.) **Reviewed Date:** July 27, 2022 **What do you like best about Lucanet?** As a commercial guy being able to model an ROI easily and then put the numbers into a text file was very powerful **What do you dislike about Lucanet?** a little fiddly but I soon got used to it **What problems is Lucanet solving and how is that benefiting you?** Presenting RoIs to customer based on their numbers using a simple repeatable model ### 47. Best tool to create and maintain financial dashboard **Rating:** 5.0/5.0 stars **Reviewed by:** Jérémy R. | TREASURER, Small-Business (50 or fewer emp.) **Reviewed Date:** August 22, 2022 **What do you like best about Lucanet?** -,Using cells as variables - Link multiple databases - Use range instead unique figure **What do you dislike about Lucanet?** The navigation between differents databases isn't fluent. **What problems is Lucanet solving and how is that benefiting you?** It clearly facilite my job to maintain a financial forecasting dashboard. ### 48. Causal has become the FP&A foundation in our team **Rating:** 4.5/5.0 stars **Reviewed by:** Nicola O. | Head of Finance, Mid-Market (51-1000 emp.) **Reviewed Date:** August 17, 2021 **What do you like best about Lucanet?** The Onboarding experience was one of the best I've ever had with any tool - from agreement signature to being live in the platform building our model was so seamless. The product features are really intuitive for the needs of finance professionals but also those outside of finance. **What do you dislike about Lucanet?** There is not much I dislike about causal. They are constantly adding lots of really useful features. A nice to have would be to be able to download individual live visuals from the workspace but I know this is in their plans. **What problems is Lucanet solving and how is that benefiting you?** Seeing the business metrics in a super digestible manner. Being able to share information super easily with the executive team. Consolidating our cost and revenue forecasts. Moving away from google sheets / excel ### 49. It’s simple to use and great at creating working documents for internal use **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** August 30, 2022 **What do you like best about Lucanet?** Great at being a dynamic document creator. We can use this tool to work intra team and share data. **What do you dislike about Lucanet?** Templates could be better, so we can have something more out of the box and make it more relevant to various team members **What problems is Lucanet solving and how is that benefiting you?** Communicating data intra team effectively and it being easy for other team members to add things in ### 50. At last .. an opportunity to generate useful models that are beautifully presented too! **Rating:** 5.0/5.0 stars **Reviewed by:** Patrick P. | New business, Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2021 **What do you like best about Lucanet?** I like the overall aesthetic and the design the best - it positively makes you want to engage with the software, and I think that this will also help people who are looking at the models engage with it better too. **What do you dislike about Lucanet?** Very little right now - but I haven't explored it all in huge depth, so there may be limitations that I'm still to encounter that I haven't seen yet during my use **What problems is Lucanet solving and how is that benefiting you?** We will likely be using Causal to analyse commercial strategies & opportunities for some of our clients in 2022, so it's great to have identified such a well-built piece of software. ## Lucanet Discussions - [Are they thinking on lines of coming up with domain-centric solutions to reduce time redundancies for Excel users to help them make the switch?](https://www.g2.com/discussions/are-they-thinking-on-lines-of-coming-up-with-domain-centric-solutions-to-reduce-time-redundancies-for-excel-users-to-help-them-make-the-switch) - 1 comment, 1 upvote - [View Lucanet pricing details and edition comparison](https://www.g2.com/products/lucanet/reviews?page=3&source=search§ion=pricing&secure%5Bexpires_at%5D=2026-08-09+11%3A35%3A46+-0500&secure%5Bsession_id%5D=a64fefeb-3c58-48da-9598-b791912ca6ee&secure%5Btoken%5D=632052b26cad0e81274217ec973148aeefa10aa521765747da34d5da12870773&format=llm_user) ## Lucanet Features **Additional Functionality** - Incident Management - Real-Time Monitoring - Evidence Management - Risk Alerts - Reporting & Statistics - Third-Party Integrations - Workflow Management - Risk Analysis - Sarbanes-Oxley Compliance - Single Sign On - Compliance Management - Policy Management - Real-Time Reporting - Audit Trail - Assessment Management - HIPAA Compliant - Operational Risk Management - Document Storage - Enterprise Risk Management - Data Visualization - Configurable Workflow - Vendor Management - IT Risk Management - User Management - Issue Management - Internal Controls Management - AI Copilot - Environmental Compliance - Customizable Reports - Data Import/Export - Risk Management - API - Document Management - Risk Assessment - Activity Dashboard - Task Management - Audit Management - Generative AI - Governance - Corrective and Preventive Actions (CAPA) - Alerts/Notifications - FDA Compliance - Secure Data Storage - Approval Process Control - Version Control **Budget Creation** - Data Import - Budget Hierarchies - Versioning - Formulas - What-If - Budget Periods - Real-Time Data **Reconciliation** - Consolidation - Management - Accounting - Built-in Accounting - Compliance Management - Task Management - Tax Management - Cash Flow Management - Financial Consolidation & Close Management **Financial Planning** - Extended Planning - Reporting - Integration - Self-Service Reporting **Agentic AI - Accounting & Finance** - Autonomous Task Execution **Agentic AI - FP&A (Financial Planning & Analysis) ** - Proactive Assistance - Decision Making **Financial Insight** - Budgeting - Forecasting - Planning - Budgeting/Forecasting **Budget Management** - Consolidation - Adjustments - Workflows **Reporting** - Report Types - Standard - Custom **Data** - Data Visualization - Data Analysis - Custom Reporting - Reporting Templates - Real-Time Data **Forecasting** - Historical Data - Reforecast - Forecast Types - Rolling Forecasts - AI - Generative AI **Closing Process** - Audit - Journal Entries - Distribution **Status Communication** - Collaboration - Version Control - Real-Time Data Updates - Scorecards - Approval Process Control **Analytics** - Variance Analysis - Forecasts Comparison - Forward Looking - Financial Analysis **Additional Functionality** - Predictive Analytics - Multi-Language - Generative AI - Currency Management - AI Copilot - User Management - Project Management - Risk Management - Real-Time Analytics - Audit Trail - Tax Management - Investment Management - Transaction History - Data Import/Export - Fixed Asset Management - Mobile Access - Transaction Monitoring - API - Project Time Tracking - Projections - Consolidation/Roll-Up - General Ledger - Purchasing & Receiving - Real-Time Monitoring - Configurable Workflow - Dashboard Creation - Accounting - Electronic Payments - Revenue Recognition - Invoice Management - Compliance Management - "What If" Scenarios - Workflow Management - Multi-Currency - Planning Tools - Visual Analytics - Cash Management - Customizable Reports - Bank Reconciliation - Invoice Processing - Multi-Company - For Investors & Traders - Expense Tracking - Purchase Order Management - Access Controls/Permissions - Activity Dashboard - Reporting/Analytics - Alerts/Notifications - Billing & Invoicing - Receipt Management - Profit/Loss Statement - Income & Balance Sheet - Cash Flow Management **Agentic AI - Budgeting and Forecasting** - Natural Language Interaction - Proactive Assistance - Decision Making **AI - Financial Close** - Autonomous Task Execution - Compliance - Reconciliation - Data Collection - Analysis **Additional Functionality** - Data Visualization - Purchase Order Management - Expense Management - Ad hoc Reporting - Multi-Company - Profit/Loss Statement - Workflow Management - Access Controls/Permissions - Customizable Reports - Forecasting - Dashboard Creation - Self-Service Reporting - Multi-Currency - Financial Management - "What If" Scenarios - Asset Lifecycle Management - Strategic Planning - Visual Analytics - Billing & Invoicing - Real-Time Reporting - Reporting/Analytics - Receipt Management - Scenario Planning - Alerts/Notifications - Collaboration Tools - Version Control - Activity Dashboard - General Ledger - Third-Party Integrations - Consolidation/Roll-Up - Drag & Drop - Income & Balance Sheet - Multi-Department/Project - Accounting - API - Chart of Accounts - AI Copilot - Cash Management **Additional Functionality** - Third-Party Integration - Reporting/Analytics - Audit Trail - Visual Analytics - Income & Balance Sheet - Profit/Loss Statement - Financial Reporting - Generative AI - Multi-Currency - Alerts/Notifications - Accounting Integration - General Ledger - Multi-Country - Dashboard - AI Copilot - Cost Database - Financial Templates - Checklists - Receivables Ledger - Multiple Projects - Accounts Receivable - Accounts Payable - Budgeting/Forecasting ## Top Lucanet Alternatives - [CCH Tagetik](https://www.g2.com/products/cch-tagetik/reviews) - 4.3/5.0 (73 reviews) - [Anaplan](https://www.g2.com/products/anaplan/reviews) - 4.6/5.0 (397 reviews) - [Workiva](https://www.g2.com/products/workiva-workiva/reviews) - 4.5/5.0 (2,131 reviews)