LucaNet.Planner

Founded in 1999, LucaNet is a German vendor focused on financial performance management. The company is headquartered in Berlin with additional offices in Germany, Europe, Asia and the United States. According to its own accounts, LucaNet has over 2,500 customers worldwide.

LucaNet’s software portfolio comprises solutions for consolidation, planning, financial reporting and additional financial management topics, which can be used in any combination. All products are targeted at business users and are based on a proprietary multidimensional, in-memory database (LucaNet.Financial OLAP Server). The database provides a predefined data model with intertwined business rules for establishing an integrated financial planning model and creating consolidated financial statements. LucaNet.Importer provides a variety of predefined connectors to common ERP and financial accounting systems. It is also possible to collect and validate data via a web interface, including an intercompany reconciliation.

LucaNet’s CPM solutions focus on financial consolidation, integrated corporate and financial planning and financial reporting and analyses. Since LucaNet’s planning functionality is geared towards its consolidation logic, it is also possible to compare planned versus actual data at group level. For individual, flexible (ad hoc) reporting and analysis, LucaNet recommends its Excel add-in as a front end, or the enhanced functionality of various BI products such as Power BI, Qlik, Tableau, BOARD and others. Due to its open architecture, BI front ends capable of accessing OLAP data sources can access the LucaNet.Financial OLAP Server including all structures, hierarchies and values via XMLA.

In recent versions, the product’s flexibility has been enhanced beyond its traditional focus on finance-specific content. An integrated development environment provides functionality to design individual forms, calculation rules and applications. Using this development environment, LucaNet provides apps for several operational planning scenarios that can be used to feed the vendor’s inherent financial planning model. They can be adapted to customer-specific needs and requirements.

The user interface of LucaNet’s entire software offering has been modernized with the latest release. In addition, LucaNet has switched from Java 8 to Java 11 due to Oracle’s announcement that it is changing its release policy and discontinuing free support for Java 8.

User & Use Cases

Besides planning, customers mainly use LucaNet today for financial consolidation (97 percent), ad hoc query and reporting (93 percent) and standard/enterprise reporting (88 percent). 42 percent of respondents plan to use it for dashboards/scorecards in the future. LucaNet targets small and mid-sized companies across all industries. 88 percent of our sample of LucaNet customers come from mid-sized companies (100-2,500 employees) with a median of 10 users (with 3 of them using planning functionality), but the mean of 23 users (8 for planning) indicates there are also some larger implementations. 54 percent of LucaNet users are planning users – just below the survey average of 63 percent – reflecting the fact that LucaNet is essentially a financial consolidation tool with complementary planning functionality.

Current vs. planned use (besides planning)

N=32

Percentage of employees using LucaNet.Planner

N=32

Planning users (as a percentage of all users)

N=32

Total number of users per company

N=32

Planning users per company

N=32

Company size (number of employees)

N=32

Summary of LucaNet.Planner highlights

With six top ranks and 14 leading ranks in two different peer groups, LucaNet achieves a very good set of results in this year’s Planning Survey. Convincing ratings in numerous important KPIs help to consolidate its position as a market-leading financial performance management vendor. Companies can benefit from using LucaNet software in terms of improved integration of planning with reporting and analysis, increased transparency of planning and improved employee satisfaction. An overwhelming 97 percent of respondents are ‘somewhat satisfied’ or ‘very satisfied’ with LucaNet software, a major reason behind its perfect recommendation rate of 100 percent. LucaNet offers a comprehensive software portfolio for consolidation, planning, financial reporting and additional financial management topics, which customers appear to be very satisfied with.

Business value – Top-ranked

Peer Group: European Vendors

Predefined data connectivity – Top-ranked

Peer Group: European Vendors

Project length – Top-ranked

Peer Group: European Vendors

Project success – Top-ranked

Peer Group: European Vendors

Recommendation – Top-ranked

Peer Group: European Vendors

Want to see the whole picture?

BARC’s Vendor Performance Summary contains an overview of The Planning Survey results based on feedback from LucaNet.Planner users, accompanied by expert analyst commentary.

Purchase the Vendor Performance Summary

Planning Survey 19 Awards

LucaNet.Planner

Peer Groups European vendors, Financial performance management products
VendorLucaNet
Number of responses32
ProductLucaNet Planner
Offices14 offices worldwide in Germany (HQ), Austria, Switzerland, Belgium, China, France, the United Kingdom, the Netherlands, Singapore, Spain and United States
Employees400
Customers> 2,500
Revenues (2018)n/s
Websitewww.lucanet.com

Test Drive LucaNet.Planner

Go here to get a free trial version of LucaNet.Planner:

Get Free Trial

Product Video

Screenshots from LucaNet.Planner

Quotes from the Planning Survey 19

Hochprofessionell, flexibel und schnell. Absolute Anwender-Software.
Consultant, consulting, 101-2,500 employees
Kurze Einführung, hochautomatisierte Lösung und einfach in der Bedienung bei einem sehr guten Preis-Leistungsverhältnis.
Head of business department, packing industry, 101-2,500 employees
Die Erfahrungen mit LucaNet, speziell auch mit dem Support sind umfassend positiv.
Line of business employee, manufacturing, 101-2,500 employees
Sehr gute Erfahrungen bei der Planung mit LucaNet, Bankenreporting und als Basis für Plan/IST-Vergleiche.
Line of business employee, consulting, 101-2,500 employees