LucaNet offers user-friendly software for Financial Performance Management (FPM). LucaNet is already trusted by more than 3,000 customers in over 50 countries and BARC has named it as a leader in FPM for each of the last 3 years. Ideally suited for medium-sized businesses, LucaNet excels in providing financial and management consolidation, planning and reporting in one solution. Function Six are proud to partner with LucaNet as we firmly believe that they stand out in the market in their ability to provide FPM in a single solution in a highly cost-effective manner.
Taking the complexity out of finance
LucaNet can reduce your workload and guide you through every step of financial consolidation including automated eliminations, full currency conversion and multi-GAAP management.
The integrated planning tools allows you to easily plan over any time frame for budgeting, rolling forecasting and scenario planning. Utilise actual data as a basis and create a rules-based derivation of the balance sheet, liquidity and cashflows.
Interactive Reporting couldn’t be more straightforward with reports and data visualisations provided out-of-the-box. There’s also full Excel integration for pivot table and bespoke reports or even connect directly to existing Business Intelligence software.
IFRS 16 – Lease Accounting
The IFRS 16 accounting standard represents a shift for companies for the recognition of leasing contracts on the balance sheet. Leases have become an integral part of a lessee’s balance sheet. The LucaNet IFRS 16 solution helps you to tackle these changes.
How LucaNet’s FPM software can benefit you?
The financial close, financial planning, analysis and reporting all on a single platform – LucaNet’s intelligent FPM software solution maps your financial processes in a single tool, giving you a holistic view of your finances.
Automate all processes and generate reliable figures at the click of a mouse. With LucaNet, you can transparently map your financial data in real time, ensuring that you make the right decision for your company.
LucaNet’s software is not only quickly implemented, but thanks to the intuitive user interface it is also easy to use without advanced IT skills. That way, you can start straight away.
Function Six and LucaNet
Function Six’s mission is to provide all enterprises with high quality financial software advisory and efficient implementations.
With a focus on consolidation, planning, reporting and regulatory compliance, Function Six provides efficient LucaNet implementations utilising our real-world experience of working as accountants and consultants within industry.
We’ll assist you with every step of the process, acting as your one-stop shop for everything from requirements elicitation, process improvement and strategy to implementation, bespoke solutions, training and support.
Alternatively – go in-house. Function Six can provide you with 1-2 weeks of training and advice to empower you to perform the implementation yourself. We’ll be there to help when you need us.
The choice is yours.
How Function Six can help with LucaNet software
- Implementation and support of LucaNet consolidation, management reporting, lease accounting (IFRS 16), regulatory reporting and integrated planning under IFRS and UK GAAP
- Optimisation of data collection, accounting, planning, and reporting procedures
- Excel integration with LucaNet and bespoke solutions
- BI strategy, design, and integration with LucaNet
- Disclosure management and iXBRL filing
- Financial data at the push of a button
- Over 200 direct connectors for source systems
- Compliant consolidated financial statements
- IFRS 16 Lease accounting
- Unified web and Excel reporting system
- BI integration
- Integrated profit and loss, balance sheet and cashflow planning
Graham is Function Six’s expert in consolidation and planning and leads the LucaNet practice. He is able to draw on his deep domain knowledge from his extensive accounting career having trained with KPMG and held roles including Group Financial Controller, Finance Director and Group Head of Reporting in organisations with revenues ranging from £100m to £5bn.