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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Synoptix

    Score7.5 out of 10
    Mid-Size Companies (51-1,000 employees)
    Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.N/A
    Pricing
    LucanetSynoptix
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    LucanetSynoptix
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    LucanetSynoptix
    Considered Both Products
    Lucanet
    No answer on this topic
    Synoptix
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    88%
    Would buy again
    7 Answers
    Delivers good value for the price
    No answers on this topic
    83%
    Delivers good value for the price
    5 Answers
    Happy with the feature set
    No answers on this topic
    88%
    Happy with the feature set
    7 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    80%
    Lived up to sales and marketing promises
    4 Answers
    Implementation went as expected
    No answers on this topic
    83%
    Implementation went as expected
    5 Answers
    Features
    LucanetSynoptix
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Lucanet and Synoptix
    Feature
    Lucanet
    4.5
    2 Ratings
    53% below category average
    Synoptix
    7.4
    7 Ratings
    5% below category average
    Drill-down analysis4.02 Ratings7.37 Ratings
    Formatting capabilities4.01 Ratings7.07 Ratings
    Integration with R or other statistical packages5.01 Ratings7.03 Ratings
    Report sharing and collaboration5.01 Ratings8.24 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Lucanet and Synoptix
    Feature
    Lucanet
    5.8
    1 Ratings
    31% below category average
    Synoptix
    7.7
    5 Ratings
    3% below category average
    Publish to Web4.01 Ratings7.64 Ratings
    Publish to PDF7.01 Ratings8.45 Ratings
    Report Versioning6.01 Ratings7.63 Ratings
    Report Delivery Scheduling6.01 Ratings7.34 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Lucanet and Synoptix
    Feature
    Lucanet
    5.0
    1 Ratings
    38% below category average
    Synoptix
    6.9
    3 Ratings
    6% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)5.01 Ratings7.33 Ratings
    Location Analytics / Geographic Visualization6.01 Ratings6.82 Ratings
    Predictive Analytics5.01 Ratings6.82 Ratings
    Pattern Recognition and Data Mining4.01 Ratings6.82 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Lucanet and Synoptix
    Feature
    Lucanet
    5.6
    1 Ratings
    40% below category average
    Synoptix
    7.6
    6 Ratings
    10% below category average
    Multi-User Support (named login)6.01 Ratings7.36 Ratings
    Role-Based Security Model6.01 Ratings8.05 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)5.01 Ratings7.85 Ratings
    Report-Level Access Control5.01 Ratings7.35 Ratings
    Single Sign-On (SSO)6.01 Ratings7.86 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Lucanet and Synoptix
    Feature
    Lucanet
    6.0
    1 Ratings
    21% below category average
    Synoptix
    6.7
    4 Ratings
    10% below category average
    Responsive Design for Web Access6.01 Ratings6.74 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile6.01 Ratings6.73 Ratings
    Mobile Application00 Ratings6.82 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Lucanet and Synoptix
    Feature
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Synoptix
    6.6
    8 Ratings
    20% below category average
    Long-term financial planning6.02 Ratings6.06 Ratings
    Financial budgeting6.02 Ratings6.57 Ratings
    Forecasting7.02 Ratings6.64 Ratings
    Management reporting7.02 Ratings7.88 Ratings
    Scenario modeling00 Ratings5.94 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Lucanet and Synoptix
    Feature
    Lucanet
    5.2
    2 Ratings
    40% below category average
    Synoptix
    7.6
    7 Ratings
    2% below category average
    Financial data consolidation5.02 Ratings8.26 Ratings
    Journal entries and reports5.02 Ratings7.03 Ratings
    Multi-currency management4.02 Ratings7.14 Ratings
    Intercompany Eliminations8.01 Ratings6.82 Ratings
    Minority Ownership5.01 Ratings9.12 Ratings
    Local and consolidated reporting4.02 Ratings7.55 Ratings
    Detailed Audit Trails00 Ratings7.46 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Lucanet and Synoptix
    Feature
    Lucanet
    5.5
    2 Ratings
    39% below category average
    Synoptix
    7.2
    8 Ratings
    12% below category average
    Financial Statement Reporting6.02 Ratings7.28 Ratings
    Management Reporting6.02 Ratings7.78 Ratings
    Excel-based Reporting5.02 Ratings8.07 Ratings
    Automated board and financial reporting5.01 Ratings7.37 Ratings
    XBRL support for regulatory filing00 Ratings5.73 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Lucanet and Synoptix
    Feature
    Lucanet
    5.8
    2 Ratings
    26% below category average
    Synoptix
    6.5
    6 Ratings
    15% below category average
    Personalized dashboards6.02 Ratings6.46 Ratings
    Color-coded scorecards7.01 Ratings5.94 Ratings
    KPIs6.02 Ratings6.73 Ratings
    Cost and profitability analysis5.02 Ratings6.73 Ratings
    Key Performance Indicator setting5.01 Ratings6.73 Ratings
    Benchmarking with external data00 Ratings6.73 Ratings
    Integration
    Comparison of Integration features of Lucanet and Synoptix
    Feature
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Synoptix
    7.4
    6 Ratings
    9% below category average
    Flat file integration9.01 Ratings7.33 Ratings
    Excel data integration4.02 Ratings8.05 Ratings
    Direct links to 3rd-party data sources00 Ratings6.96 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Lucanet and Synoptix
    Feature
    Lucanet
    -
    Ratings
    Synoptix
    6.0
    5 Ratings
    23% below category average
    Pixel Perfect reports00 Ratings5.73 Ratings
    Customizable dashboards00 Ratings5.85 Ratings
    Report Formatting Templates00 Ratings6.44 Ratings
    Best Alternatives
    LucanetSynoptix
    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
    LucanetSynoptix
    Likelihood to Recommend
    6.0
    (2 ratings)
    7.5
    (18 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.1
    (2 ratings)
    Usability
    6.0
    (1 ratings)
    7.2
    (7 ratings)
    Support Rating
    -
    (0 ratings)
    9.1
    (2 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    LucanetSynoptix
    Likelihood to Recommend
    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
    Synoptix
    Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround
    Incentivized
    Read full review
    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
    Incentivized
    Read full review
    Synoptix
    • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
    • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
    • Easily maintained and monitored with simple upgrade installations and end point installation.
    • Great knowledge base for review and trouble-shooting.
    • Highly knowledgeable and easy to work with staff.
    Incentivized
    Read full review
    Cons
    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
    Synoptix
    • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
    • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
    • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
    Incentivized
    Read full review
    Likelihood to Renew
    Lucanet
    No answers on this topic
    Synoptix
    There is no question that we will continue to use this product for as long as it's available
    Incentivized
    Read full review
    Usability
    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
    Synoptix
    It didn't take long to learn how it works and has always been easy to navigate and accomplish all that we have needed. Whenever there have been any issues Synopotix has been great to address them in a timely manner and have always been able to resolve the issues we have had
    Incentivized
    Read full review
    Support Rating
    Lucanet
    No answers on this topic
    Synoptix
    Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
    Incentivized
    Read full review
    Implementation Rating
    Lucanet
    No answers on this topic
    Synoptix
    Good guidance of what steps will halppen.
    Read full review
    Alternatives Considered
    Lucanet
    Incentivized
    Read full review
    Synoptix
    Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious"
    Incentivized
    Read full review
    Return on Investment
    Lucanet
    • Provides single source of truth regarding financial data
    • Affordable solution
    Incentivized
    Read full review
    Synoptix
    • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
    Incentivized
    Read full review
    ScreenShots

    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.