Founded in 1999, LucaNet is a German vendor of software, seminars and consulting focused on BI in accountancy. The company is headquartered in Berlin with additional offices in Germany, Europe, Asia and the United States. According to its own accounts, LucaNet employs more than 250 people and serves over 1,700 customers worldwide.
LucaNet’s software portfolio comprises solutions for financial planning and controlling, legal and management consolidation, municipal consolidated financial accounts, e-balance filings, collection and validation of data, controlling of equity holdings, and data transfers which can be used in any desired combination. All products are based on a proprietary multidimensional, in-memory database called LucaNet.Financial OLAP Server. Within the database, a predefined financial (planning) data model with intertwined business rules for creating balance sheets as well as profit and loss statements and derived cash flows is provided. Usually, a data warehouse layer (LucaNet.Financial Warehouse) based on relational database technology is implemented as an interlayer between operational systems (e.g., ERP) and LucaNet.Financial OLAP Server for storing mass data and additional information.
As the planning module of the portfolio, LucaNet.Planner focuses on integrated corporate and financial planning as well as financial reporting and analyses in individual subsidiaries or at group level. Using an integrated development environment, LucaNet provides apps for several operational planning scenarios (e.g., HR planning, project planning, tax planning, etc.) that can be used to feed the vendor’s inherent financial planning model.
Due to its open architecture, BI front ends that are capable of accessing OLAP data sources can access the LucaNet.Financial OLAP Server including all structures, hierarchies and values via XMLA (e.g., for individual, flexible (ad hoc) reporting and analyses).
User & Use Cases
With the exception of (financial) planning, LucaNet’s main use cases are financial consolidation and standard/enterprise reporting (generally financial figures). Ad hoc query, typically using LucaNet’s Excel add-in, is also a frequent use case.
LucaNet targets power users in finance and controlling departments across all company sizes and industries. Almost two-thirds of our sample of LucaNet customers come from mid-sized companies (100-2,500 employees) with a median of 9 users (with 3 of them using planning functionality), but the mean of 18 users (7 for planning) indicates there are also some larger implementations.
Nonetheless, implementations of LucaNet are quite small, which is not uncommon for a financial planning and consolidation product.
Current vs. planned use (besides planning)
N = 33
Percentage of employees using LucaNet.Planner
N = 34
Planning users (as a percentage of all users)
N = 34
Total number of users per company
N = 34
Planning users per company
N = 34
Company size (number of employees)
N = 34
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