TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Centage

    Score9.4 out of 10
    N/ACentage delivers FP&A software that helps finance teams automate budgeting, forecasting, and reporting. Offered to teams that have outgrown Excel, Centage aims to replace fragile spreadsheets and version chaos with a faster, more reliable planning process. Centage’s built-in financial and business logic allows users to create and update their budgets and forecasts and never worry about formulas, functions, links, or any custom programming. It offers synchronized P&L, balance sheet,…

    $1,750

    per month

    Lucanet

    Score6 out of 10
    N/ALucanet is a CFO Solution Platform for finance leaders. By uniting, standardized, compliance-ready insights in one SaaS platform, Lucanet’s solution aims to enable CFOs to lead with ease. Lucanet provides users transparent data and intelligent workflows to manage their strategic and reporting needs.N/A
    Pricing
    CentageLucanet
    Editions & Modules
    Core
    1,750
    per month
    Performance
    2,500
    per month
    Strategic
    3,500
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    CentageLucanet
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    CentageLucanet
    Considered Both Products
    Centage
    No answer on this topic
    Lucanet
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    11 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    11 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    11 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    10 Answers
    No answers on this topic
    Implementation went as expected
    91%
    Implementation went as expected
    10 Answers
    No answers on this topic
    Features
    CentageLucanet
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Centage and Lucanet
    Feature
    Centage
    4.4
    3 Ratings
    52% below category average
    Lucanet
    -
    Ratings
    Customizable dashboards4.43 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Centage and Lucanet
    Feature
    Centage
    6.9
    9 Ratings
    12% below category average
    Lucanet
    4.5
    2 Ratings
    53% below category average
    Drill-down analysis6.89 Ratings4.02 Ratings
    Formatting capabilities6.67 Ratings4.01 Ratings
    Report sharing and collaboration7.46 Ratings5.01 Ratings
    Integration with R or other statistical packages00 Ratings5.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Centage and Lucanet
    Feature
    Centage
    7.4
    5 Ratings
    7% below category average
    Lucanet
    5.8
    1 Ratings
    31% below category average
    Publish to Web5.51 Ratings4.01 Ratings
    Publish to PDF8.33 Ratings7.01 Ratings
    Report Versioning8.55 Ratings6.01 Ratings
    Report Delivery Scheduling7.31 Ratings6.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Centage and Lucanet
    Feature
    Centage
    8.3
    4 Ratings
    12% above category average
    Lucanet
    5.0
    1 Ratings
    38% below category average
    Predictive Analytics8.34 Ratings5.01 Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings5.01 Ratings
    Location Analytics / Geographic Visualization00 Ratings6.01 Ratings
    Pattern Recognition and Data Mining00 Ratings4.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Centage and Lucanet
    Feature
    Centage
    8.8
    10 Ratings
    5% above category average
    Lucanet
    5.6
    1 Ratings
    40% below category average
    Multi-User Support (named login)8.810 Ratings6.01 Ratings
    Role-Based Security Model9.010 Ratings6.01 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.010 Ratings5.01 Ratings
    Report-Level Access Control8.99 Ratings5.01 Ratings
    Single Sign-On (SSO)8.44 Ratings6.01 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Centage and Lucanet
    Feature
    Centage
    8.6
    11 Ratings
    6% above category average
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Long-term financial planning8.48 Ratings6.02 Ratings
    Financial budgeting9.711 Ratings6.02 Ratings
    Forecasting8.710 Ratings7.02 Ratings
    Scenario modeling7.99 Ratings00 Ratings
    Management reporting8.511 Ratings7.02 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Centage and Lucanet
    Feature
    Centage
    8.5
    7 Ratings
    9% above category average
    Lucanet
    5.2
    2 Ratings
    40% below category average
    Financial data consolidation8.66 Ratings5.02 Ratings
    Local and consolidated reporting8.37 Ratings4.02 Ratings
    Journal entries and reports00 Ratings5.02 Ratings
    Multi-currency management00 Ratings4.02 Ratings
    Intercompany Eliminations00 Ratings8.01 Ratings
    Minority Ownership00 Ratings5.01 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Centage and Lucanet
    Feature
    Centage
    8.1
    11 Ratings
    0% below category average
    Lucanet
    5.5
    2 Ratings
    39% below category average
    Financial Statement Reporting7.79 Ratings6.02 Ratings
    Management Reporting8.210 Ratings6.02 Ratings
    Excel-based Reporting8.810 Ratings5.02 Ratings
    Automated board and financial reporting7.66 Ratings5.01 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Centage and Lucanet
    Feature
    Centage
    7.5
    4 Ratings
    1% below category average
    Lucanet
    5.8
    2 Ratings
    26% below category average
    Personalized dashboards7.53 Ratings6.02 Ratings
    Cost and profitability analysis7.64 Ratings5.02 Ratings
    Key Performance Indicator setting7.53 Ratings5.01 Ratings
    Color-coded scorecards00 Ratings7.01 Ratings
    KPIs00 Ratings6.02 Ratings
    Integration
    Comparison of Integration features of Centage and Lucanet
    Feature
    Centage
    7.7
    9 Ratings
    5% below category average
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Flat file integration7.56 Ratings9.01 Ratings
    Excel data integration8.57 Ratings4.02 Ratings
    Direct links to 3rd-party data sources7.15 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Centage and Lucanet
    Feature
    Centage
    -
    Ratings
    Lucanet
    6.0
    1 Ratings
    20% below category average
    Responsive Design for Web Access00 Ratings6.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.01 Ratings
    Best Alternatives
    CentageLucanet
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.5 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CentageLucanet
    Likelihood to Recommend
    9.4
    (12 ratings)
    6.0
    (2 ratings)
    Usability
    8.9
    (3 ratings)
    6.0
    (1 ratings)
    Support Rating
    9.4
    (3 ratings)
    -
    (0 ratings)
    User Testimonials
    CentageLucanet
    Likelihood to Recommend
    Centage
    Centage is suited for all types of business. This is what makes this tool so great. It requires some expertise in setting it up and depending on how complex the business is, it may take longer than expected. It's a complex system and if you are not involved in the implementtion it might be hard to learn what is does.
    Incentivized
    Read full review
    Lucanet
    Significant effort required for planning forms. There is no comprehensive, modern web version. Significant effort required for planning forms. Short-term planning, such as daily or weekly tasks, is difficult to map out in the Planner. Automation of Financial Closings, Valid real-time data consolidation, simplifies the income statement, balance sheet, and cash flow statement.
    Read full review
    Pros
    Centage
    • Planning personnel with all the related benefit expenses is very accurate and we are able to forecast increases as well.
    • Storing separate versions of the budget allows us to finalize for the year and have access to the data while we update the default plan with any changes.
    • I ilke the way you can add intelligence see the detail of calculations below th eline item.
    • I like writing Planning Maestro reports to see drill downs of any item and tie them to our ERP Budget
    Incentivized
    Read full review
    Lucanet
    • Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
    • Easy to add additional journal entries
    • Present legal consolidation structure in an intuitive way
    Incentivized
    Read full review
    Cons
    Centage
    • Head count is a bit strange as each period is considered one Headcount for a total of 12 per year, so we have to adjust when running reports
    • would love to be able to attach related expenses in payroll to a kind of employee instead of doing each individually. It's time consuming.
    • Have the help more available instead of having to log into separate place
    Incentivized
    Read full review
    Lucanet
    • Expensive Solution.
    • Drawbacks of complex planning.
    • Short-term planning on a daily or weekly basis is difficult to map out in the Planner.
    Read full review
    Usability
    Centage
    I've lived through the changes over the years, and I have found that most financially-minded professionals should have no problems using this system.
    Read full review
    Lucanet
    Automated data validation and mapping reduce manual effort and minimize sources of error, offering seamless integration with existing ERP systems and Excel, Improving Efficiency with the Help of AI.
    Read full review
    Support Rating
    Centage
    The team makes sure that you get what you need out of the software. They will do whatever is in their power to make sure you're happy and are getting back your investment (time and money).
    Read full review
    Lucanet
    No answers on this topic
    Alternatives Considered
    Centage
    I used to use an older consolidating product call FRX or something like that, very manual where accounts were adding line the reporting lines one by one.... Centage is far superior, the ability to create custom Dimension hierarchies as improved our reporting 100 fold
    Incentivized
    Read full review
    Lucanet
    Incentivized
    Read full review
    Return on Investment
    Centage
    • We were a very small company growing by acquisition so it worked well during these phases of our company growth.
    • The return for our cost was tremendous especially in comparison to peers in the market.
    • Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.
    Incentivized
    Read full review
    Lucanet
    • Provides single source of truth regarding financial data
    • Affordable solution
    Incentivized
    Read full review
    ScreenShots

    Centage Screenshots

    Screenshot of Centage DashboardScreenshot of ReportingScreenshot of Operating expensesScreenshot of Revenue Planning

    Lucanet Screenshots

    Screenshot of Lucanet's financial consolidation software, which provides a fully automated process through all consolidation steps and group structures, regardless of complexity.Screenshot of Lucanet's financial reporting software, designed to deliver timely and accurate information to the appropriate stakeholders for decision-making processes.Screenshot of Lucanet's ESG reporting feature, used to collect data, analyze information, and produce fully compliant reports at the touch of a button.Screenshot of Lucanet's disclosure mangaement interface, used to prepare financial or non-financial information, such as annual reports.Screenshot of the IC reconciliation tool, which enables decentralized reconciliation prior to consolidation and saves those involved at the parent company level from having to tediously search for discrepancies during consolidation.