Lucanet vs. SAP Profitability and Performance Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lucanet
Score 7.8 out of 10
N/A
LucaNet has been synonymous with intelligent software solutions and professional expertise in consolidated financial statements and controlling since 1999. Our aim is to simplify your day-to-day processes with our financial performance management software. No matter the size of your company and what industry you operate in, we can provide you with a tailored solution. Over 2,000 customers in more than 50 countries are already profiting from our user-friendly software and professional consulting.N/A
SAP Profitability and Performance Management
Score 6.0 out of 10
N/A
SAP Profitability and Performance Management promises to help optimize business performance and improve the bottom line. The vendor says key capabilities include: Build, maintain, and utilize sophisticated business and financial models that support multiple allocation methods for costs and revenue, for superior profitability modelling and optimization. Empower finance and business teams with actionable insights from sophisticated models such as profitability and cost…N/A
Pricing
LucanetSAP Profitability and Performance Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
LucanetSAP Profitability and Performance Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details——
More Pricing Information
Community Pulse
LucanetSAP Profitability and Performance Management
Top Pros
Top Cons
Features
LucanetSAP Profitability and Performance Management
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Lucanet
9.0
1 Ratings
9% above category average
SAP Profitability and Performance Management
9.5
2 Ratings
14% above category average
Drill-down analysis9.01 Ratings10.02 Ratings
Formatting capabilities00 Ratings9.02 Ratings
Integration with R or other statistical packages00 Ratings10.01 Ratings
Report sharing and collaboration00 Ratings9.01 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Lucanet
7.5
1 Ratings
10% below category average
SAP Profitability and Performance Management
9.8
2 Ratings
17% above category average
Long-term financial planning7.01 Ratings10.02 Ratings
Financial budgeting8.01 Ratings10.02 Ratings
Forecasting6.01 Ratings10.02 Ratings
Management reporting9.01 Ratings10.02 Ratings
Scenario modeling00 Ratings9.02 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Lucanet
8.2
1 Ratings
2% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
19% above category average
Financial data consolidation8.01 Ratings10.01 Ratings
Journal entries and reports8.01 Ratings9.02 Ratings
Multi-currency management9.01 Ratings10.02 Ratings
Intercompany Eliminations8.01 Ratings10.01 Ratings
Local and consolidated reporting8.01 Ratings10.01 Ratings
Minority Ownership00 Ratings10.01 Ratings
Detailed Audit Trails00 Ratings9.02 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Lucanet
8.7
1 Ratings
6% above category average
SAP Profitability and Performance Management
9.4
2 Ratings
13% above category average
Financial Statement Reporting9.01 Ratings10.01 Ratings
Management Reporting8.01 Ratings9.02 Ratings
Excel-based Reporting9.01 Ratings9.02 Ratings
Automated board and financial reporting00 Ratings10.01 Ratings
XBRL support for regulatory filing00 Ratings9.01 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Lucanet
6.7
1 Ratings
18% below category average
SAP Profitability and Performance Management
9.7
2 Ratings
19% above category average
Personalized dashboards7.01 Ratings10.01 Ratings
KPIs6.01 Ratings10.02 Ratings
Cost and profitability analysis7.01 Ratings10.02 Ratings
Color-coded scorecards00 Ratings9.01 Ratings
Key Performance Indicator setting00 Ratings9.01 Ratings
Benchmarking with external data00 Ratings10.02 Ratings
Integration
Comparison of Integration features of Product A and Product B
Lucanet
9.0
1 Ratings
8% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
16% above category average
Flat file integration9.01 Ratings9.02 Ratings
Excel data integration9.01 Ratings10.02 Ratings
Direct links to 3rd-party data sources00 Ratings10.02 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Lucanet
-
Ratings
SAP Profitability and Performance Management
9.7
1 Ratings
20% above category average
Pixel Perfect reports00 Ratings10.01 Ratings
Customizable dashboards00 Ratings10.01 Ratings
Report Formatting Templates00 Ratings9.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Lucanet
-
Ratings
SAP Profitability and Performance Management
9.3
1 Ratings
13% above category average
Publish to Web00 Ratings10.01 Ratings
Publish to PDF00 Ratings9.01 Ratings
Report Versioning00 Ratings9.01 Ratings
Report Delivery Scheduling00 Ratings9.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Lucanet
-
Ratings
SAP Profitability and Performance Management
9.7
2 Ratings
24% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings10.02 Ratings
Location Analytics / Geographic Visualization00 Ratings9.02 Ratings
Predictive Analytics00 Ratings10.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Lucanet
-
Ratings
SAP Profitability and Performance Management
9.7
2 Ratings
11% above category average
Multi-User Support (named login)00 Ratings10.02 Ratings
Role-Based Security Model00 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings10.02 Ratings
Single Sign-On (SSO)00 Ratings10.02 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Lucanet
-
Ratings
SAP Profitability and Performance Management
9.8
1 Ratings
20% above category average
Responsive Design for Web Access00 Ratings10.01 Ratings
Mobile Application00 Ratings9.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings10.01 Ratings
Best Alternatives
LucanetSAP Profitability and Performance Management
Small Businesses
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Score 8.3 out of 10
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Score 8.3 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Anaplan
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Score 8.7 out of 10
Anaplan
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Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
LucanetSAP Profitability and Performance Management
Likelihood to Recommend
8.0
(1 ratings)
10.0
(2 ratings)
Support Rating
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
LucanetSAP Profitability and Performance Management
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.
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SAP
SAP Profitability and Performance is well suited in an organization/scenario where it aims to grow their profitability and optimize their business performance. It will offer strong financial analytics that are applicable in modern organizations and it will assure improved performance and enable purposeful marketing of your goods/services at prevailing profitable rate.
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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
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SAP
  • Data enrichment (complex joins, lookups, and derivations).
  • Complex allocations and calculations.
  • Operates at a very high speed without disrupting the host HANA environment.
  • Connectivity to BW HANA and BPC.
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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
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SAP
  • We were forced to train some of our staff a bit as they faced various hurdles before getting familiar with the platform and using it efficiently.
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Support Rating
Lucanet
No answers on this topic
SAP
We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
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Alternatives Considered
Lucanet
Read full review
SAP
No answers on this topic
Return on Investment
Lucanet
  • Provides single source of truth regarding financial data
  • Affordable solution
Read full review
SAP
  • Helps us make sound decisions that positively impact our future.
  • Has simplified our financial planning process in our organization.
  • Our portfolio has doubled and grown immensely.
Read full review
ScreenShots

SAP Profitability and Performance Management Screenshots

Screenshot of SAP Profitability and Performance Management offers a user-friendly environment for modeling, analysis and reporting.Screenshot of SAP Profitability and Performance Management Modeling Environment: Allocating Products and Service Costs to Customers.Screenshot of SAP Profitability and Performance Management Modeling Environment: Cost Allocation Flow Diagram.Screenshot of Reporting and Simulation in SAP Profitability and Performance Management: Profitability and Cost Management Report.Screenshot of Reporting dashboard in SAP Profitability and Performance Management.Screenshot of Value and Cost Flow Trace Visualization in SAP Profitability and Performance Management: Value Flow Diagram.