Transformation of reporting and processes utilising the Lucanet tool

Rapid changes in the business world induce more dynamic changes and improvements in the area of financial management, as well as the automation of all related processes. PwC's comprehensive approach and the use of solutions available in the Lucanet system make many of these processes more intuitive, effective, and management much simpler than before.

See how we can help your organisation

Lucanet uses the latest cloud technology to manage financial processes

The CFO's responsibilities include processes for managing performance and achieving the organisation’s goals. CFO must adopt a management strategy that encompasses various methods aimed at monitoring, analyzing, and evaluating the company's operational and financial performance.

The tools used by the CFO in this context focus on collecting data related to the company's activities, such as financial data, sales, costs, efficiency, and other strategic indicators. Subsequently, this data is further analysed to evaluate how the company is achieving its goals and how its performance compares to expectations.

Lucanet is an "All-in-one" solution. It supports, simplifies, and integrates processes managed by the CFO. The platform effectively automates processes, such as period closing, reconciliation of intra-group turnover, consolidations, and reporting.

The Lucanet platform effectively integrates financial data from multiple organisational units, creating a coherent and unified source of financial and management data for the entire Group. The system allows for the aggregation of data from various sources, such as ERP (Enterprise Resource Planning) systems or spreadsheets, and automatically transforms them into an appropriate consolidation structure. This enables generation of financial reports (group reports, balance sheets, profit and loss statements, cash flows, etc.) covering the entire company or its individual segments.

Free up your team's time from inefficient processes and replace them with the latest solution for consolidation and fast reporting

Build a unified database for financial and management consolidation, integrate data from various sources

Track operations from the source document to the impact on the group's final results

Implement consolidation adjustments in a quick and easy manner

Manage data of all entities and analyse it from various perspectives (companies, business segments)

Analyse differences and control deviations from planned values

Create consolidation and reporting templates, as well as scenarios

Generate personalised financial and management reports, as well as other necessary statements in static or dynamic formats

Start financial planning – define scenarios, run simulations, and analyse the impact of various factors on financial results

Create ESG reports, monitor progress, and the achievement of company goals

Lucanet's advanced technology, process transformation, and accurate preparation of analytical data will contribute to improved operational efficiency and facilitate faster strategic business decision-making.

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faster financial consolidation

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hours saved due to greater efficiency

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consolidation adjustments in real time

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information and data security thanks to ISO 27001/27017 and 27018

The data comes from surveys conducted among Lucanet users.

What benefits will you gain by implementing Lucanet solutions with us?

The software enables automatic processing and consolidation of data from various sources. Processes that were previously performed manually, such as collecting, comparing, and consolidating data, can now be fully automated. This saves time and effort that can be directed to other tasks.

With Lucanet software, business processes can be significantly more efficient. This eliminates the need for manual data entry and minimises the risk of human errors. The software also provides quick access to up-to-date and consistent information, facilitating decision-making based on solid data.

With Lucanet solutions, transparent tracking and monitoring of data becomes a tangible reality. This capability enables more transparent information management and ensures that any discrepancies and irregularities are quickly identified. This enables better control over business processes and allows for more effective risk management.

The proposed consolidation solutions offer advanced data protection mechanisms, such as authorisation, authentication, and encryption. This ensures a high level of security for confidential business information, which is crucial in the era of technological development. The software can also manage user permissions to control data access and prevent unauthorised activities.

How can we assist with the Lucanet implementation?

We support our clients in financial transformation and process analysis, starting from strategy development, selecting appropriate tools, through technology implementation and maintenance.

Thanks to the practical experience of our experts in financial departments and knowledge of the best market practices in the areas of reporting transformation and financial consolidation processes, as well as project management methods, we provide effective support at every stage of the implementation.

We implement:

Transformation projects of financial functions, combined with the implementation of the Lucanet solution, including diagnosis, allowing for optimal adaptation of technology to the processes and financial teams.

Managed Service, performing consolidation by PwC on the client's Lucanet platform

Substantive and technological support after implementing the tool

Development and reconstruction of a previously implemented system, as well as training for financial teams.

Why is it worthwhile to start Lucanet implementation with PwC?

PwC Polska is Lucanet's implementation partner

Our team consists of practitioners with over 10 years of business experience in controlling and financial processes transformation. The strategic partnership with Lucanet additionally expands our competencies in this area, allowing us to effectively implement this solution, ensuring optimal process architecture and transferring knowledge and competencies through training tailored to employee needs.

Through close cooperation within the global PwC network, we have expertise in financial transformation, CPM technology solutions, and industry benchmarks.

Cooperation with the PwC implementation team in Germany, which holds Premium Lucanet Partner status, guarantees the highest quality and efficiency of the implementation process, based on the best market practices.

An individualised approach and understanding of client needs enable an advisor to build a dedicated solution, managing the process from strategy to implementation and providing support at later stages of use.