Lucanet: clean and intuitive dashboards for external reporting
April 14, 2020

Lucanet: clean and intuitive dashboards for external reporting

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Lucanet

We have been using Lucanet for our consolidation and external reporting. Our global finance team administers the software and assures accurate group reporting. Every local entity has their own account to upload data to view their local financial statements. Most people within the finance team have a view-only account. It is easy to build your legal consolidation structure into Lucanet which makes Lucanet a great tool for bigger corporations as well.
  • 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
  • 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
  • Provides single source of truth regarding financial data
  • Affordable solution

Do you think Lucanet delivers good value for the price?

Yes

Are you happy with Lucanet's feature set?

Yes

Did Lucanet live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Lucanet go as expected?

I wasn't involved with the implementation phase

Would you buy Lucanet again?

Yes

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.

Lucanet Feature Ratings

Long-term financial planning
7
Financial budgeting
8
Forecasting
6
Management reporting
9
Financial data consolidation
8
Journal entries and reports
8
Multi-currency management
9
Intercompany Eliminations
8
Minority Ownership
Not Rated
Local and consolidated reporting
8
Detailed Audit Trails
Not Rated
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
7
Color-coded scorecards
Not Rated
KPIs
6
Cost and profitability analysis
7
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
9
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated