LucaNet.Financial Consolidation is a financial consolidation software which incorporates the very best of developers' long-standing experience.
It is intuitive and flexible software which facilitates each step of the financial consolidation process.
Providing effective consolidation process management, the product is an effective alternative to the significant investments in human resources.
LucaNet.Financial Consolidation enables making consolidated reports in compliance both with applicable accounting standards and specific management requirements.
This solution automates the consolidation process by identifying all operations among the organizations within the group and subgroups of companies, based on the defined hierarchy between them. It supports a variety of functional currencies for foreign organizations with automatic data conversion to the group functional currency.
From a technological point of view, the product can be integrated with the existing financial accounting systems used by the companies, and with data import from Microsoft Excel.
Data collection and processing are organized within the product. In-memory technology allows for quick processing and preview.
Multilingual UI and data visualization capability in additional languages are available.
As an ERP systems and BI solutions market leader, Balkan Services has highly-qualified team of skilled consultants with economic and technical background and over 15 years of experience in software products implementation. Our experts are LucaNet Certified Professionals. We guarantee our clients successful and effective financial consolidation system implementation as well as follow-up employee training for effective software use. LucaNet.Financial Consolidation software solution allows fast and accurate making of consolidated financial and management reports and provides the following functionalities:
LucaNet's modular structure allows upgrading LucaNet.Financial Consolidation module with additional functionalities—LucaNet.Planner and LucaNet.Group Report.
Financial management requires quick, up-to-date and analytic view over all processes and operations within the company. LucaNet.Financial Consolidation software provides fast and easy consolidated financial statements generation, control by cost centers, financial analysis and KPIs. This software solution gives extremely accurate and comprehensive data for the financial management needs.
LucaNet.Financial Consolidation solution is developed by financial experts, which makes it extremely adapted for accounting departments' needs. It is localized in several languages, and capable of complying with the applicable accounting standards and local legislation.
LucaNet.Financial Consolidation is a powerful tool for financial consolidation which automates the consolidation process and guarantees data quality and accuracy. The system is suitable for use in corporate structures for financial consolidation required by the applicable law, and consolidation for management purposes.
LucaNet.Financial Consolidation software enables detailed reporting and analysis. In-memory technology allows working with the required data at any time.
"Implementation has helped us reconsider many of the processes occurring during the financial consolidation itself. We have succeeded in rearranging things, so that they all have the same basis, which allows for comparability in different organizations"