1 Ratings
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Score 8 out of 100
226 Ratings
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Score 7.5 out of 100

Likelihood to Recommend

Lucanet

Lucanet is an easy to understand consolidation tool that displays the company's PnL, balance sheets, and cash flow statement in a clear way. The software is intuitive and easy to understand. User access functionalities are good. Dashboarding, reporting, and variance analysis are limited which is a disadvantage compared to other applications who do offer more all-in-one solutions.
Anonymous | TrustRadius Reviewer

SAP BPC (Business Planning and Consolidation)

SAP BPC is well suited for complex planning and consolidations needs where the underlying transactional system is SAP ECC. It suits well if the organization has separate teams with BPC, ABAP, BW, Basis, Hana skillset. SAP BPC is less appropriate for organizations using Agile methodology. It is not suitable for organizations in a hyper-growth cycle as the installation and implementation is time-consuming. It will not work for organizations where the planning and budgeting needs keep changing frequently. The UI of SAP BPC is not very intuitive and very difficult to set up a dynamic dashboard for senior executives and officials of CxO.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Ad-hoc Reporting

Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
Drill-down analysis
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)

Budgeting, Planning, and Forecasting

Lucanet
7.5
SAP BPC (Business Planning and Consolidation)
8.6
Long-term financial planning
Lucanet
7.0
SAP BPC (Business Planning and Consolidation)
8.4
Financial budgeting
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
8.8
Forecasting
Lucanet
6.0
SAP BPC (Business Planning and Consolidation)
9.1
Management reporting
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
8.4
Scenario modeling
Lucanet
SAP BPC (Business Planning and Consolidation)
8.3

Consolidation and Close

Lucanet
8.2
SAP BPC (Business Planning and Consolidation)
8.8
Financial data consolidation
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
8.6
Journal entries and reports
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
9.3
Multi-currency management
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
9.8
Intercompany Eliminations
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
8.0
Local and consolidated reporting
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
9.0
Minority Ownership
Lucanet
SAP BPC (Business Planning and Consolidation)
9.2
Detailed Audit Trails
Lucanet
SAP BPC (Business Planning and Consolidation)
7.4

Financial Reporting and Compliance

Lucanet
8.7
SAP BPC (Business Planning and Consolidation)
8.1
Financial Statement Reporting
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
8.7
Management Reporting
Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
7.7
Excel-based Reporting
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
8.9
Automated board and financial reporting
Lucanet
SAP BPC (Business Planning and Consolidation)
7.1

Analytics

Lucanet
6.7
SAP BPC (Business Planning and Consolidation)
7.0
Personalized dashboards
Lucanet
7.0
SAP BPC (Business Planning and Consolidation)
7.0
KPIs
Lucanet
6.0
SAP BPC (Business Planning and Consolidation)
8.1
Cost and profitability analysis
Lucanet
7.0
SAP BPC (Business Planning and Consolidation)
7.1
Color-coded scorecards
Lucanet
SAP BPC (Business Planning and Consolidation)
6.0
Key Performance Indicator setting
Lucanet
SAP BPC (Business Planning and Consolidation)
7.7
Benchmarking with external data
Lucanet
SAP BPC (Business Planning and Consolidation)
6.0

Integration

Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
8.3
Flat file integration
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
8.3
Excel data integration
Lucanet
9.0
SAP BPC (Business Planning and Consolidation)
9.2
Direct links to 3rd-party data sources
Lucanet
SAP BPC (Business Planning and Consolidation)
7.5

Pros

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
Anonymous | TrustRadius Reviewer

SAP BPC (Business Planning and Consolidation)

  • SAP BPC is real time data. You can send information into the system and see it reflected in your reports immediately. Other systems may require a manual push into a reporting system.
  • SAP BPC is a shared reporting tool, so multiple users can be working in a model/environment at the same time, real time. This is especially helpful if your workbooks incorporated multiple processes requiring multiple users to get into the same model.
  • SAP BPC is a powerful tool designed to help all facets of the company, from cash flow to capital expenditures to headcount management to financial planning to consolidation.
Jeffrey Suk | TrustRadius Reviewer

Cons

Lucanet

  • Limited dimensions to drill-down to a lower level of detail
  • Limited reporting functionality
  • We used it mainly for consolidation of actuals. As far as I know, limited functionality for variance analysis
Anonymous | TrustRadius Reviewer

SAP BPC (Business Planning and Consolidation)

  • Being from a law firm, the system needed a lot of custom tailoring in order to fit our full needs (although many companies could say the same thing). Although the ability to highly customize the system to the company's needs is a positive, it frequently results in the system responding in unexplainable and unrepeatable ways which negatively impacts and slows the budget process. Because of the sporadic nature and variety of the issues, we are unable to repeat them on cue and therefore cannot nail down a solution.
Anthony DePasquale | TrustRadius Reviewer

Usability

Lucanet

No score
No answers yet
No answers on this topic

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 2 answers
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
Juan Carlos Crespo | TrustRadius Reviewer

Support Rating

Lucanet

No score
No answers yet
No answers on this topic

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 7.0
Based on 1 answer
We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
Anonymous | TrustRadius Reviewer

In-Person Training

Lucanet

No score
No answers yet
No answers on this topic

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
SAP BPC training content and trainers are very good. The training is structured and provides a very good understanding of the product features and functionalities. I attended 6 separate training sessions of week-long or more. I had very good experience in all the sessions. The training is organized very well.
Anonymous | TrustRadius Reviewer

Online Training

Lucanet

No score
No answers yet
No answers on this topic

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
SAP Training contents are very good, informative and exhaustive.
Anonymous | TrustRadius Reviewer

Implementation Rating

Lucanet

No score
No answers yet
No answers on this topic

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 8.0
Based on 1 answer
The implementation was carried out in two phases spread over a period of 4 years with 2 upgrades in between. We also had multiple upgrades to HANA.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Lucanet

Anonymous | TrustRadius Reviewer

SAP BPC (Business Planning and Consolidation)

With Hyperion we struggled as it didn’t have integrated planning and consolidation, whereas BPC does have it. BPC is easier for reporting as it is Excel-based. Also BPC has prepackaged business process flows that helped a lot. Hyperion on the other hand has a faster response time for user queries or report generation.
Anonymous | TrustRadius Reviewer

Return on Investment

Lucanet

  • Provides single source of truth regarding financial data
  • Affordable solution
Anonymous | TrustRadius Reviewer

SAP BPC (Business Planning and Consolidation)

  • When originally implemented (as the predecessor product Outlooksoft) BPC took ASU from trying to budget and forecast for a 2B enterprise out of spreadsheets and into a far more consolidated tool. It has saved us considerable time over the years and paid for itself several times over.
  • BPC also allows us to present our budget in multiple different views to support management, board and departmental reporting.
Rebecca T Barber, MBA, PHD | TrustRadius Reviewer

Screenshots

Pricing Details

Lucanet

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

SAP BPC (Business Planning and Consolidation)

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Lucanet
8.0
SAP BPC (Business Planning and Consolidation)
8.3

Likelihood to Renew

Lucanet
SAP BPC (Business Planning and Consolidation)
7.0

Usability

Lucanet
SAP BPC (Business Planning and Consolidation)
9.0

Reliability and Availability

Lucanet
SAP BPC (Business Planning and Consolidation)
9.0

Performance

Lucanet
SAP BPC (Business Planning and Consolidation)
7.0

Support Rating

Lucanet
SAP BPC (Business Planning and Consolidation)
7.0

In-Person Training

Lucanet
SAP BPC (Business Planning and Consolidation)
9.0

Online Training

Lucanet
SAP BPC (Business Planning and Consolidation)
9.0

Implementation Rating

Lucanet
SAP BPC (Business Planning and Consolidation)
8.0

Scalability

Lucanet
SAP BPC (Business Planning and Consolidation)
9.0

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