--- 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: '2026-08-07' 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. Lucanet is an important financial and business planning tool for me. **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in International Trade and Development | Small-Business (50 or fewer emp.) **Reviewed Date:** July 26, 2021 **What do you like best about Lucanet?** Lucanet is very flexible to use. I see the Excel link as a great advantage. **What do you dislike about Lucanet?** Lucanet requires accounting knowledge and it is difficult to learn Lucanet without professional guidance. **Recommendations to others considering Lucanet:** Let a Lucanet insider advise you if you want to work with Lucanet. **What problems is Lucanet solving and how is that benefiting you?** We generate our business and liquidity plan in Lucanet and analyze the deviations from the original plan in the interim forecasts. ### 2. Theoretical Venture Capital Portfolio **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Venture Capital & Private Equity | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Ability to display distribution of outcomes vs. scenarios **What do you dislike about Lucanet?** Hard for others to edit that have not used Causal before **What problems is Lucanet solving and how is that benefiting you?** Scenario analysis is not always intuitive. Causal allows showcasing the distribution of potential outcomes given a set of parameters. That's easy to explain and very illustrative for our audience. ### 3. Democratising access to statistical modeling **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Legal Services | Enterprise (> 1000 emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** How easy Causal makes it to build and understand statistical models **What do you dislike about Lucanet?** Not much, it's still in development so isn't fully-featured, but it's also free **Recommendations to others considering Lucanet:** Just give it a try, it's free and super easy to use **What problems is Lucanet solving and how is that benefiting you?** Building all kinds of statistical models: financial, user adoption, game balancing, investment, etc ### 4. New implementation of LucaNet **Rating:** 4.5/5.0 stars **Reviewed by:** Andrew D. | Mid-Market (51-1000 emp.) **Reviewed Date:** January 12, 2021 **What do you like best about Lucanet?** LucaNet is an extremely powerful tool for all reporting of financial data. Once fully implemented, which was done via an extensive project with LucaNet technical staff, the information flowed easily. Data from our accounting tool was pulled into LucaNet with little intervention and consolidation was then a one button click. All the views are customisable to show what is relevant to what information is required. In addition, the ability to be able to hold plan, forecast and actual data and compare between these at different levels (entity, department, cost type) at the click of a button is a large improvement to what we currently have. **What do you dislike about Lucanet?** As with all implementations of new systems, the process required significant investment of time for CFO and FC. In addition, the feel and look of the tool can be difficult to get used to at first. **What problems is Lucanet solving and how is that benefiting you?** We are solving a manual month end, year end and forecasting process where the scrutinisation of excel spreadsheets are needed to understand the information and variances. ### 5. Causal (Ramp up efficiency) **Rating:** 4.5/5.0 stars **Reviewed by:** Metin Emre M. | Sales Development Representative (UK) , Small-Business (50 or fewer emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** I like how I can visualize and have a better underatanding every time. **What do you dislike about Lucanet?** It's a bit complicated. So it could be a bit more user friendly. **What problems is Lucanet solving and how is that benefiting you?** I am entering a lot of data when it comes to sales and customer metrics. On that matter it is magical. ### 6. Amazing website to define uncertainty **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** August 12, 2021 **What do you like best about Lucanet?** Ease of use and the great user interface and user support **What do you dislike about Lucanet?** The fact that it is not possible to define correlation between variables like in other software like @Risk **What problems is Lucanet solving and how is that benefiting you?** Measure uncertainty with Monte Carlo Analysis to estimate stranded asset risk in real estate ### 7. Makes our analysts efficient and effective **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 08, 2021 **What do you like best about Lucanet?** The UI is fast and responsive. Saves a lot of time compared to Excel **What do you dislike about Lucanet?** As with most SaaS offerings, need to learn the software and buy into the workflow. That said, once onboarded, software works well **What problems is Lucanet solving and how is that benefiting you?** Reducing manual entry/error, faster forecast audits ### 8. Great tool for modelling **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Apparel & Fashion | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Causal takes modelling on Google Sheets and puts it on steriods. With the ability to structure data easily, add visualizations and sensitivity analsis as well as easy scenario creating, Causal has enabled us to create more flexible and robust models. **What do you dislike about Lucanet?** Some minor bugs here and there, but to be expected with a product that is constantly evolving. Nothing glaring that disrupts performance. **What problems is Lucanet solving and how is that benefiting you?** Revenue forecast, channel modelling, etc. Pretty much anything that requires creating financial scenarios we use Causal for. ### 9. Finally a competitor for Excel **Rating:** 5.0/5.0 stars **Reviewed by:** Mathias L. | Head of Finance, Mid-Market (51-1000 emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** Flexibility when building models & easy to combine forecasts and budgets **What do you dislike about Lucanet?** Not much. Think that models can sometimes be a little complex, but that might be due to own skills not being good enough **What problems is Lucanet solving and how is that benefiting you?** Workin with budgets and forecasts in same model ### 10. Causal is a very potent tool for financial modelling **Rating:** 4.0/5.0 stars **Reviewed by:** Sidhant G. | Solutions Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Defining variables and being able to reference them in other parts of the visualizations. **What do you dislike about Lucanet?** The learning curve was steep with not a lot of documentation available. **What problems is Lucanet solving and how is that benefiting you?** Financial modelling. Writing formulae based on time was much easier in Causal than in Excel. ### 11. What I used to do, but smarter **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Food & Beverages | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** The smart rules enable me to work faster **What do you dislike about Lucanet?** Not as known with all the features there **Recommendations to others considering Lucanet:** Figure out if it is worth your use case, definitely worth the time invested! **What problems is Lucanet solving and how is that benefiting you?** efficiency in building models for data review, making forecasts and simulations. ### 12. Core Financial Functions in a simple and effective Tool **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Apparel & Fashion | Mid-Market (51-1000 emp.) **Reviewed Date:** July 29, 2021 **What do you like best about Lucanet?** Simplicity & Straight Forwardness. You can do a lot by yourself. The add in into Excel is also really helpful. **What do you dislike about Lucanet?** Core functions are good, but its also limited **What problems is Lucanet solving and how is that benefiting you?** The problem of not having one single source of truth. Creating standardized reports. ### 13. Great financial forecasting tool **Rating:** 5.0/5.0 stars **Reviewed by:** Daan v. | Founder / CO-CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** April 23, 2021 **What do you like best about Lucanet?** I like the scenarios, ranges and dimensions. Things that are really annoying to do in Google Sheets, but work wonderfully well in Causal. **What do you dislike about Lucanet?** I hope the team improves the speed/performance to make it even more snappy! **Recommendations to others considering Lucanet:** Get started using an consultant via Causal **What problems is Lucanet solving and how is that benefiting you?** Forecasting, Moddeling startup SaaS business models, workforce calculations ### 14. Streamlined solution **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Insurance | Small-Business (50 or fewer emp.) **Reviewed Date:** November 16, 2021 **What do you like best about Lucanet?** The ability to update financial models seemleasly **What do you dislike about Lucanet?** Some features are still under development **What problems is Lucanet solving and how is that benefiting you?** The ability to update models seamlessly and link graphs to it ### 15. Causal is the perfect combination of financial modelling, spreadsheets and cloud features. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Free tier, flexibility, shared access, simple interface and short example videos. **What do you dislike about Lucanet?** Not being able to batch import fields from a data source into an existing model. **What problems is Lucanet solving and how is that benefiting you?** Easy sharing and updating financial forecasting and modelling ### 16. Amazing piece of software **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Venture Capital & Private Equity | Small-Business (50 or fewer emp.) **Reviewed Date:** August 08, 2021 **What do you like best about Lucanet?** Extremely intuitive user interface + instant ability to visualize data **What do you dislike about Lucanet?** Some level of confusion with integrations **What problems is Lucanet solving and how is that benefiting you?** Main problem is how outdated Excel is & challenges with properly visualizing data with other no-code tools ### 17. Addictive - Thats how useful it is! **Rating:** 5.0/5.0 stars **Reviewed by:** Saad H. | Corporate Development Manager & Company Secretary, Mid-Market (51-1000 emp.) **Reviewed Date:** May 14, 2021 **What do you like best about Lucanet?** Easy to pick up, extremely well thought out! **What do you dislike about Lucanet?** Cloud based processing can be a challenge **Recommendations to others considering Lucanet:** Have fun with it and use the cloned models to learn 10x faster! **What problems is Lucanet solving and how is that benefiting you?** Great for founders to model out their business! ### 18. Handy tool which saves a lot of time **Rating:** 4.0/5.0 stars **Reviewed by:** Mickey v. | Financial Controller, Small-Business (50 or fewer emp.) **Reviewed Date:** April 26, 2021 **What do you like best about Lucanet?** Not having to deal with repetitive tasks **What do you dislike about Lucanet?** It could be more intuitive to use though improvements are always noticeable **What problems is Lucanet solving and how is that benefiting you?** Easy creating scenarios and quickly switching between them ### 19. demps & partner - to enable our clients managing their financials in an excellent way **Rating:** 4.5/5.0 stars **Reviewed by:** Juergen D. | Small-Business (50 or fewer emp.) **Reviewed Date:** December 09, 2020 **What do you like best about Lucanet?** LucaNet is extremly powerful and you can manage the core of companies financials minimizing compexity and get rid of Excel and the dependency of Excel Guru´s **What do you dislike about Lucanet?** For startup´s and small enterprises it would be helpful to serve them with Software and Service as external Service Provider - that´s actually not visible **What problems is Lucanet solving and how is that benefiting you?** From Legal consoldiation, management consolidation , Budgeting and Forecasting up to reflect Restructuring Measures a most efficient way We are customizing all front end and back end processes and ensure that the data quality going into LucaNet is excellent. HardClose and Fast Close entality is for us mandatory and the basis of Financial Excellence provided by demps & partner. ### 20. Fantastic tool for financial modelling and scenario planning **Rating:** 5.0/5.0 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?** The tool is incredibly powerful, while remaining clear and easy to use. **What do you dislike about Lucanet?** Causal becomes slightly unwieldy with larger models and scenarios. **What problems is Lucanet solving and how is that benefiting you?** New business development and financial planning. ### 21. Cool tool **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Small-Business (50 or fewer emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** Causal is flexible and (with some trial and error) I have created my templates I reuse daily. **What do you dislike about Lucanet?** In the beginning, I needed some time to understand the functions. But when you take some hours to grasp the concept, it should work out. **What problems is Lucanet solving and how is that benefiting you?** Real Estate rentability calculations. Causal definitely works better than Excel etc., because I want to include many eventualities like varying interest rates. ### 22. Very chill **Rating:** 3.5/5.0 stars **Reviewed by:** Frederik K. | CMO, Small-Business (50 or fewer emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** It's productive and good but sometimes difficult to use **What do you dislike about Lucanet?** Sometimes it's difficult to navigate and connections are lost **Recommendations to others considering Lucanet:** I don't really know **What problems is Lucanet solving and how is that benefiting you?** Knowing people and keeping track ### 23. 1000% Better than Excel/Sheets for Modeling **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Real Estate | Mid-Market (51-1000 emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** Causal is an amazing tool for creating models and scenarios. It naturally handles probabilities and ranges, so you don't have to create multiple columns/rows with hundreds of variations (like Excel). Plus, you can share the models and let your boss tinker with the numbers without saving. **What do you dislike about Lucanet?** It'd be great if there was a mobile app. **What problems is Lucanet solving and how is that benefiting you?** It's great for forecasting or modeling new business ventures. ### 24. Causal is changing the way businesses think of spreadsheets. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 29, 2021 **What do you like best about Lucanet?** The ease of building a model with causal is incredible - formulas make sense and if an assumption changes, the model automatically updates as well. **What do you dislike about Lucanet?** Causal needs keyboard shortcuts like Excel to allow power users to navigate the product more easily **What problems is Lucanet solving and how is that benefiting you?** Causal has been helpful for financial projections for my team ### 25. Fantastic financial and business modelling tool. **Rating:** 5.0/5.0 stars **Reviewed by:** Raphael B. | Director, Small-Business (50 or fewer emp.) **Reviewed Date:** February 25, 2021 **What do you like best about Lucanet?** The ease of modelling, UI, analytical capabilities, probability distributions, data integrations, it's all great! **What do you dislike about Lucanet?** The lack of text based conditional logic is sometimes a limiter, and the graphical charting abilities could do with improvement, but otherwise it's a really great tool. **Recommendations to others considering Lucanet:** Try building a simple model first, and continue to add logic by progressively increasing the granularity of the logic, and you'll learn how to use Causal by experimenting with it and working out what is possible. **What problems is Lucanet solving and how is that benefiting you?** Business forecasting, valuation, risk analysis and financial planning. I've forecast operational business issues, helped clients plan their growth strategies and value their startups for fundraising. ### 26. From Google Dashboard to Causal **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Internet | Small-Business (50 or fewer emp.) **Reviewed Date:** August 27, 2021 **What do you like best about Lucanet?** Great liquid scenario modelling abilities. We wanted our team to be able to scenario model from a set of data and for multiple people interacting with a data set not mean running the risk of distortion/breakage. **What do you dislike about Lucanet?** Bit of an on ramp to use the language inputs. **What problems is Lucanet solving and how is that benefiting you?** Scenario modelling ### 27. Best in class financial modelling software **Rating:** 4.5/5.0 stars **Reviewed by:** Lambro A. | CFO/COO, Small-Business (50 or fewer emp.) **Reviewed Date:** May 24, 2021 **What do you like best about Lucanet?** Flexible, user friendly and intuitive to use **What do you dislike about Lucanet?** Lacks some of the deeper feature set that excel has **What problems is Lucanet solving and how is that benefiting you?** scenario analysis primarily ### 28. Best tool for modeling runway in a startup **Rating:** 5.0/5.0 stars **Reviewed by:** Jakub J. | Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** May 09, 2021 **What do you like best about Lucanet?** Probabilistic modeling, easy visualizations, data integrations, pricing **What do you dislike about Lucanet?** People are not used to the interface, so not as easy to get started with as traditional spreadsheets, but the features make up for it in the long run **What problems is Lucanet solving and how is that benefiting you?** Causal made financial modeling and runway predictions much easier for us ### 29. Too expensive, compared to the current benefits to excel/sheets based own solutions **Rating:** 1.5/5.0 stars **Reviewed by:** Verified User in Mechanical or Industrial Engineering | Enterprise (> 1000 emp.) **Reviewed Date:** August 09, 2021 **What do you like best about Lucanet?** template case-library as reference for own modeling. Graphics. Integrations are cool, but often not helpful, as in the early stage of business modelling the deal with missing data is key. **What do you dislike about Lucanet?** Price is much too low for financial forecasting in business development. **What problems is Lucanet solving and how is that benefiting you?** Financial projections in Business Development. ### 30. very unique product **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 07, 2021 **What do you like best about Lucanet?** love what's happening behind the scenes; how the team is building the product and the company. simple. no bs. **What do you dislike about Lucanet?** lacking inspo and/or use-cases if you don't have a financial background **What problems is Lucanet solving and how is that benefiting you?** long term projections ### 31. Do away with spreadsheet models forever **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Industrial Automation | Small-Business (50 or fewer emp.) **Reviewed Date:** April 23, 2021 **What do you like best about Lucanet?** Incredibly simple to understand temporal modeling **What do you dislike about Lucanet?** Stuck in the mud, Excel die-hards resist the change **What problems is Lucanet solving and how is that benefiting you?** Multi-year financial and operational metric modeling. We're able to build a bottoms-up model of the company's entire operations at amazing granularity to understand directly how each lever affects the overall business. ### 32. Fantastic for financial forecasting and made better by a template community and web app features **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Design | Small-Business (50 or fewer emp.) **Reviewed Date:** August 10, 2021 **What do you like best about Lucanet?** Creating interactive dashboard views and sharing with people. **What do you dislike about Lucanet?** The slightly difficult learning curve and adjusting to a new tool. **Recommendations to others considering Lucanet:** None **What problems is Lucanet solving and how is that benefiting you?** Forecasting earnings. ### 33. Perfect software for consolidation and reporting. **Rating:** 5.0/5.0 stars **Reviewed by:** Arantza U. | Analista de consolidación, Mid-Market (51-1000 emp.) **Reviewed Date:** November 12, 2020 **What do you like best about Lucanet?** In one second you can get the information in different ways. The Spanish team support you , they are always for you. They are very good team working with them make everything easy. **What do you dislike about Lucanet?** In the beginning need little time to understand how is working but after that all work perfectly. **What problems is Lucanet solving and how is that benefiting you?** The consolidation. Equal reporting for all the companies of the group, when you get to do it t you can analyze the problems and solutions. ### 34. Best way to do financial modeling **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** March 15, 2021 **What do you like best about Lucanet?** It's super easy to build models. Now I make financial models 10X faster and easier. I'm never getting back to excel. Their customer support is amazing, they are always helping me build models and understand how Causal works. **What do you dislike about Lucanet?** Still have some minor bugs, nothing very important. And the team is always shipping fixes and new features. **What problems is Lucanet solving and how is that benefiting you?** I'm building better and faster financial models ### 35. Great Service, Catered to exactly what we need **Rating:** 5.0/5.0 stars **Reviewed by:** Arjun J. | Small-Business (50 or fewer emp.) **Reviewed Date:** December 15, 2020 **What do you like best about Lucanet?** The project managers' enthusiasm to and help to deliver what we needed during the proof of concept stages. **What do you dislike about Lucanet?** There is not much to dislike about the software! **What problems is Lucanet solving and how is that benefiting you?** Moving from an all excel based spreadsheet to the simplified nature of using Lucanet for our accounting needs. ### 36. Flexible Yet Robust Reporting & Forecasting **Rating:** 5.0/5.0 stars **Reviewed by:** Mark P. | Chief Financial Officer, Marketing and Advertising, Enterprise (> 1000 emp.) **Reviewed Date:** May 12, 2020 **What do you like best about Lucanet?** * Easy to set up * Easy to change reporting structure * Very adaptable * Enforces structure across all reporting **What do you dislike about Lucanet?** Nothing. Seriously nothing. I am only writing this because it won't let me move on without 33 characters in this field. **What problems is Lucanet solving and how is that benefiting you?** * Harmonizing reporting across a geographically diverse group without the need to implement a global ERP system * Faster month end close - down to under ten days from fifty * Incredible ability to drill down into detail & know that the numbers are trustworthy ### 37. Flexible, effecient, user friendly and great customer service **Rating:** 5.0/5.0 stars **Reviewed by:** Roberto M. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 20, 2020 **What do you like best about Lucanet?** In summary, when I compare Lucanet to other reporting software's I used in my career, Lucanet is extremely flexible when ERP internal databases are not setup in a standard format. It adapts well to different environments. Changes from local databases all the way up to the consolidation level are quickly done without bottlenecks. Reports are easily programmable once you learn the language. Lastly, the customer support provided is excellent, there is a quick turnaround and they have an excellent team to diagnose and provide solutions. **What do you dislike about Lucanet?** I cant find any , there is probably so much more we can do in Lucanet that we have not discovered yet. **What problems is Lucanet solving and how is that benefiting you?** Speed of month end close. Reporting capabilities by business units, sites, departments ### 38. Excellent CPM software with a good price to value ratio! **Rating:** 4.5/5.0 stars **Reviewed by:** Tim L. | Small-Business (50 or fewer emp.) **Reviewed Date:** March 19, 2020 **What do you like best about Lucanet?** The software is easy to use, saves a lot of time on extracting and transforming data and makes analyzing your financials a whole lot easier. You do not need to be an expert to use the software! And last but not least an ethusiastic and well supporting team of consultants! **What do you dislike about Lucanet?** A full business proposition for accountancy firms operating for small an medium businesses (mkb) would be nice and an opportunity for Lucanet **Recommendations to others considering Lucanet:** Write down which information you want to report with Lucanet and describe which data and sources you need. And think through the complexities in your financial information processes and if they need a fix before starting implementing the software. Discuss this also with the Lucanet team! **What problems is Lucanet solving and how is that benefiting you?** Integrating multiple sources into one system Reducing time spent on monthly close and consolidation Keeping one truth Faster analysis of results ### 39. Exactly what we needed !! **Rating:** 5.0/5.0 stars **Reviewed by:** Julien M. | CFO, Mid-Market (51-1000 emp.) **Reviewed Date:** January 17, 2020 **What do you like best about Lucanet?** So easy on boarding, autonomous very quickly, tool flexible enough to fit to your specific needs... and smart consultant to make it happen. **What do you dislike about Lucanet?** Actually, this service was exactly what I dreamt of for my group... So nothing I dislike... **What problems is Lucanet solving and how is that benefiting you?** We came from a 100% Excel finance information, with decentralized accounting in different countries. Thanks to Lucanet, we could : - save time to map our local accounts to our generic management account view... in an auditable way - easily do analytic allocation of costs At the end, my controllers spent a lot of time in Excel manipulation, and now they can focus on accounts accuracy and business support. ### 40. Best consolidation software on the market **Rating:** 5.0/5.0 stars **Reviewed by:** Verena M. | Senior Manager Accounting, Enterprise (> 1000 emp.) **Reviewed Date:** September 06, 2019 **What do you like best about Lucanet?** LucaNet is fully integrated. An adjustment or consolidation entry automatically flows through all areas (balance sheet/income statement, all statements, cash flow statement) etc. LucaNet is also the only software known to me that automatically creates a detailed and meaningful (!) cash flow, where very few adjustments need to be made for monthly and annual closing purposes. LucaNet is very user-friendly. As a key user in the department, almost any problem can be solved independently. The interface to Excel is very flexible (reports, booking masks and reporting packages, preparing data for business reports, etc). **What do you dislike about Lucanet?** I can't think of anything to write here. **Recommendations to others considering Lucanet:** You will not find a better price-performance ratio and no more user-friendly software. **What problems is Lucanet solving and how is that benefiting you?** LucaNet has significantly improved our monthly and annual financial statement consolidation as well as planning consolidation. Previously, these were independent processes (monthly closing and planning in Excel, annual closing with the help of another software). This is now a thing of the past, and all work steps are harmonized. The financial statements have a significantly higher quality since LucaNet. Balance sheets and cash flows no longer need to be laboriously prepared or reworked in Excel, but are integrated. The consolidation has become significantly faster. The reporting process has been shortened by several days. Our auditor has read access to the consolidated financial statements and can independently review necessary entries with accompanying explanations, usually without further inquiries. ### 41. Helping give us a consistent and accurate platform for providing advisory services **Rating:** 5.0/5.0 stars **Reviewed by:** Danielle M. | Supervisor, Accounting, Mid-Market (51-1000 emp.) **Reviewed Date:** August 22, 2019 **What do you like best about Lucanet?** The usability and functionality combined help provide an innovative and integrated solution for tackling engagements. We also have been able to quickly dive into data and improve the discussions within meetings. We can move from the "I will have to get back to you." to a "let's look into this." **What do you dislike about Lucanet?** We currently do not dislike any function or feature. **Recommendations to others considering Lucanet:** Outline your needs and your pain points. If considering but you are unsure if the system will be able to meet your specific needs, consult with someone at LucaNet. The system can be customized and there are various apps that can create a value add. **What problems is Lucanet solving and how is that benefiting you?** We are able to move away from some of the inconsistencies within Excel and provide a consistent platform for our work. This enables us to incorporate other staff by providing them a solid framework to complete the tasks. The benefits of system allow for us to cut down the manual consolidation process. We have also experienced the benefits of the flexible analysis and planning to help provide a more meaningful value add for forecasting and financial review meetings. ### 42. Userfriendly, flexible solution **Rating:** 4.5/5.0 stars **Reviewed by:** Lieuwe H. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 12, 2020 **What do you like best about Lucanet?** It's a very inuative tool which facilitates a changing environment very well. **What do you dislike about Lucanet?** Changing price models (increased pricing) **What problems is Lucanet solving and how is that benefiting you?** Consolidation, reporting (budget/actuals), performance review ### 43. Really intuitive software that feels as though it is designed by accountants **Rating:** 4.5/5.0 stars **Reviewed by:** George G. | Group Financial Reporting Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** November 21, 2019 **What do you like best about Lucanet?** The software is really easy to use and holds masses of data. You are able to cut the same data in many different ways to provide valuable information for management **What do you dislike about Lucanet?** It relies on the underlying ERP systems to have a decent set of data, and be in good shape. Lucanet struggles to be as efficient when the ERP data is not as good quality. **Recommendations to others considering Lucanet:** Get the set up correct and it will reduce headaches later on **What problems is Lucanet solving and how is that benefiting you?** Our monthly consolidation is now 1-2 days quicker and our statutory (semi-annual) consolidation 2-3 days. We are also able to handle adhoc queries from management much quicker ### 44. Intuitive to use, very flexible software **Rating:** 5.0/5.0 stars **Reviewed by:** Ariane K. | Financial Controller, Enterprise (> 1000 emp.) **Reviewed Date:** September 05, 2019 **What do you like best about Lucanet?** Complete reporting is very flexible; new structures can be built or expanded without external consultants. The integration of Excel is very good, both for downloading data using LucaNet formulas and for uploading data via Excel packages or self-designed booking masks. **What do you dislike about Lucanet?** I cannot find any negative points after 4 years of intensive work with LucaNet. **What problems is Lucanet solving and how is that benefiting you?** We use LucaNet as a consolidation and planning tool - particularly helpful is the derived balance sheet planning through booking rules (based on the P&L input of the individual companies) and the automatically generated cash flow planning. ### 45. Consulting and Support **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Entertainment | Enterprise (> 1000 emp.) **Reviewed Date:** February 20, 2020 **What do you like best about Lucanet?** The support calls back within 24 hours and tries to solve the problems effectively. **What do you dislike about Lucanet?** Support: If the same problems occur, the documentation should be consulted. Consulting: I miss a proactive advice with hints for an improvement for the use of the product. **What problems is Lucanet solving and how is that benefiting you?** We implement the booking of several valuation levels and the partial and total consolidation with about 40 companies. We also use E-Balance Sheet and recently the IFRS 16 App. ### 46. Great tool with many possibilities for controlling **Rating:** 5.0/5.0 stars **Reviewed by:** Vanessa R. | Financial Controller, Mid-Market (51-1000 emp.) **Reviewed Date:** November 28, 2019 **What do you like best about Lucanet?** LucaNet helps us a lot to consolidate, evaluate, and adjust controlling and accounting data in one place. The reporting options are versatile and save a lot of time. **What do you dislike about Lucanet?** I would wish that the possibilities for planning with LucaNet were even more extensive and intuitive. **What problems is Lucanet solving and how is that benefiting you?** In LucaNet, we collect all the data we need for the internal monthly financial statements. Analyses and reporting can thus be simplified. It is very easy and time-saving to export data from LucaNet to Excel. ### 47. The best, most innovative consolidation solution on the market **Rating:** 5.0/5.0 stars **Reviewed by:** Florian F. | Head of Finance, Accounting and Controlling, Enterprise (> 1000 emp.) **Reviewed Date:** November 21, 2019 **What do you like best about Lucanet?** There are almost no limits to the creative possibilities in the field of controlling and analysis. **What do you dislike about Lucanet?** LucaNet cannot represent a time reference from cost centers to cost center groups and unfortunately reaches its limits here. It must be emphasized that LucaNet is not really designed for this use. **Recommendations to others considering Lucanet:** Mach es mit ! **What problems is Lucanet solving and how is that benefiting you?** LucaNet is used in the ABS Bonifer Haulier Group in the areas of contribution margin accounting / profit center accounting, corporate planning, fleet analysis, consolidated financial statement preparation, and as an effective solution for other financial obligations. ### 48. Consolidation Solution **Rating:** 5.0/5.0 stars **Reviewed by:** Stefan L. | Senior Manager IT, Enterprise (> 1000 emp.) **Reviewed Date:** November 21, 2019 **What do you like best about Lucanet?** Made for Accountants, and very easy to use. **What do you dislike about Lucanet?** Does not cover operational Planning, it is made for Financial Planning and Forecasting **What problems is Lucanet solving and how is that benefiting you?** Enhancing Fast Close, fast and flexible Management Reporting, supporting CarveOuts ### 49. So far, only good experiences, from implementation to application! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Plastics | Mid-Market (51-1000 emp.) **Reviewed Date:** August 29, 2019 **What do you like best about Lucanet?** One is not bound to rigid, predetermined reports. The reporting can be completely customized according to customer requirements. Also, I find it great that it is easy to use and the support responds quickly to questions and problems. **What do you dislike about Lucanet?** It would be nice if validations were implemented. For example, I tried to import data from an Excel file. An account from it was not read, but I did not receive an error. Note if assets do not equal liabilities. **What problems is Lucanet solving and how is that benefiting you?** As a medium-sized company, we have previously conducted consolidation in Excel, which was very labor-intensive and confusing. We were able to transfer the existing setup to LucaNet and now present the monthly financial statements with much less effort. ### 50. Feedback from current implementation **Rating:** 5.0/5.0 stars **Reviewed by:** Remi L. | Financial manager, Enterprise (> 1000 emp.) **Reviewed Date:** November 22, 2019 **What do you like best about Lucanet?** easy access and internal logic seems to have a answer to most of question/issues we face for a long time **What do you dislike about Lucanet?** Would like to go faster in the project, but certainly need to go by step and this takes time **What problems is Lucanet solving and how is that benefiting you?** integrqte multiple source into a sigle system for conso and planning ## 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=6§ion=pricing&secure%5Bexpires_at%5D=2026-08-07+10%3A46%3A10+-0500&secure%5Bsession_id%5D=473265a1-4313-4364-8175-52299b8ce6e0&secure%5Btoken%5D=f8228c260812a77d9260b11e927f790c6716468d0132ebdda23f1a854b2cbb27&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) - 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