Welcome to the LucaNet Blog
Here, employees of the LucaNet family and guest authors blog on all relevant topics that move us as a financial performance management software provider, ranging from news out of the accounting world to trends and developments in the professional world to stories of our customers and colleagues alike.
Sustainability reports of the future: Plans for 2023
How would the proposals by the EU Commission to revise the CSR Directive 2014/95/EU change sustainability reports. Find out now!
Top 3 Trends in Accounting to watch out for in 2021-2022
What was going on in the accounting industry in 2021? What will be important in 2022. All relevant aspects in this blog post.
ERP and financial accounting vs. professional finance software – the top 3 differences
What are the differences between ERP systems, financial accounting software, and FPM solutions? What solutions should financial decision makers use for consolidation, planning, and reporting?
Generation shift at LucaNet: Elias Apel becomes part of the executive board
On May 1, 2022, Oliver Schmitz will hand over the baton to Elias Apel, who will complete the Management Board with Dominik Duchon as the new CFO. Read more about the new board at LucaNet.
The Top 6 Questions on Handling Disclosures according to IFRS 16 with LucaNet
When it comes to handling disclosures in line with IFRS 16, LucaNet's leasing tool is a pro. Join us for a look at the key use cases.
How to create solid forecasts for your company with the right financial planning software?
In this article, we will show you how to achieve meaningful financial planning with the right software. Four tips for an efficient process and high data quality.
Top 5 benefits of Microsoft Power BI over other solutions
With Power BI, small and big companies alike have a BI tool at their disposal to visualize data. But what are its top 5 benefits compared to other BI tools? Find out more in our blog!
LucaNet statement on critical vulnerability in Log4j
The German Federal Office for Information Security (BSI) warns about a security vulnerability in the widely used Java library Log4j.
LucaNet 22 LTS is here and comes with lots of new features
LucaNet’s latest long-term support release is now out: LucaNet 22 LTS. This year, under a new name and with many new features.
CRO Dominik Duchon on the significance of digital transformation
A secure future – CRO Dominik Duchon explains how and in what role you can support corporate management as a CFO.
G2 Fall Report 2021: LucaNet CPM solutions awarded once again!
G2, one of the leading software review platforms in the B2B space, recognizes LucaNet as a market leader in its 2021 report ranking the best software for corporate performance management (CPM).
Top 6 Reasons Why Budget Planning in Excel is Becoming Outdated
In this blog post, read what makes budget planning in Excel difficult and the benefits of using a budgeting software like LucaNet.
The current role of CFOs and how they can reliably drive growth
What makes chief financial officers successful? How and why do explicitly people in this position guide their growing company safely into the future? We asked two experts who should know the answer.
How private equity companies successfully manage their portfolio companies
When investors make an acquisition, a transparent presentation of financials is important. In this article, we will share the key success factors with you.
Management Consolidation 101
Management or segmental consolidation helps companies gain a better understanding of their businesses. In this post, we will teach you all the tips on how to get started on management consolidation.
Why FPM (3/6): 4 reasons why you should invest in FPM
Have you heard of FPM? Are you still unsure if you should adopt an FPM solution? Here are four reasons why FPM is a great investment for your group finance team.
7 Tips from our Consolidation & Reporting Masterclass
In this post, we have summarized the 7 tips gathered by our consultants on how to overcome challenges related to data collection, consolidation preparation, disclosure management, and reporting.
Why FPM (2/6): Speed up your Financial Processes with an FPM Software
Reducing the time for the financial close by 50 % - Easily done by leveraging on an FPM solution! Read in this blog post how you can easily speed up your financial processes.
BARC Planning Survey 2021: LucaNet shows why it is the top vendor for financial planning
In BARC The Planning Survey 21, LucaNet is once again recognized as a high performance vendor in the space of integrated financial planning. Here are reasons why LucaNet is a market leader.
LucaNet ASEAN is the first FPM provider to be recognized as an ATO
LucaNet ASEAN is officially an Accredited Training Organization (ATO) for the CA (Singapore). We are the first FPM solution to gain this accreditation. How does that impact our work? Read more.
Why FPM (1/6): 4 reasons why you should integrate your financial processes
A disconnected finance management process causes plenty of frustrations for finance teams. Here are our top 4 reasons why the integration of financial processes and systems should be a top priority.
How Can Finance Professionals Stay Relevant in 2021
Change is the only constant and accountants have to adapt to stay relevant. Here is our list of skills and courses that would help finance professionals take actionable steps to stay relevant.
How to Incorporate Big Data Analytics into Finance
Big data has been a huge buzzword. But how does big data analytics impact finance teams and what can finance teams derive out of data analytics capabilities? Learn all about big data in this article.
Financial analysis: Framework and Techniques
What is financial analysis? Learn more about the framework and techniques of financial analysis in our blog post.
LucaNet is market leader in the BARC Score FPM DACH 2021 once again
LucaNet has clinched market leader in the BARC Score FPM DACH 2021 for the fourth time in a row! Learn more about the evaluation criteria and how LucaNet stands against competition in the FPM space.
Agile Controlling: Opportunities and Challenges for Organizations
What is agile controlling and how does it influence the role of controllers in their corporate functions? We describe the opportunities and challenges of organizational agility in the workplace.
4 Steps to transform your Intercompany Reconciliation
Do you struggle with gathering financial data from your subsidiaries? In this article, read about the challenges and 4 steps to transform IC reconciliation.
How to Prepare Annual Reports More Efficiently in 2021
Preparing your annual reports shouldn't have to be a hassle. We will show you the most common challenges and how software can help you gain the upper hand when preparing your annual reports in 2021.
Round up of 2020 Accounting Trends
For accountants, there been an increase focus in technology adoption, reporting cycles and compliance in 2020. Here's our summary of topics featured in 2020's accounting-related articles.
What does it mean to work at LucaNet ASEAN?
In our latest quarterly business review, our employees took the time to explore and share their thoughts on: What does it mean to work at LucaNet ASEAN? Read more to discover our LucaNet identity.
Break up with Excel: How to find the real software for life
We think life is too short for long tables. Read why you should rather rely on the real software for life and how you can fall in love with your work again thanks to LucaNet.
EDG: Tips and Tricks
Singapore's Enterprise Development Grant is ending on 31 Dec 2020. Learn how you can increase your chances of getting an approval for your next EDG application in this article.
COVID-19: Tax Relief Measures for Businesses
Many companies are dependent on tax relief during the corona crisis. What tax measures apply in counties such as Singapore, USA and other European regions?
3 steps for finance to implement Power BI successfully
Implementing Power BI does not have to be hard. In this article, we will explain the 3 steps necessary to implement a successful Power BI project. Read our post to find out more!
How to utilize Power BI for Financial Reporting
SGX has officially scrapped quarterly reporting requirements for listed companies. But what does this mean for shareholders and how does Power BI come into play? Find out in our blog post!
G2 names LucaNet as top CPM software 2020
G2 ranked LucaNet as a market leader in its summer 2020 rankings for best Corporate Performance Management (CPM) software. Read about the software features.
Navigating Finance during COVID-19 – What’s the pulse on the ground?
LucaNet ASEAN surveyed finance leaders on how their teams are navigating through Covid-19. Here are the key observations.
LucaNet Singapore's Very Own Ironman - Interview with Managing Director Kenneth Tan
In this blog article, get a deep dive into Kenneth’s story LucaNet, his athletic hobby, and how he embodies the grit and discipline of an Ironman as he leads the LucaNet ASEAN team.
Why Covid-19 provides the best opportunity for finance teams to increase performance
Read in this post what opportunities work-from-home brings for finance leaders to improve their team's performance and the tools that will help finance leaders achieve so.
LucaNet Retains Top Ranking in the 2020 BARC Score for FPM
Following the past two years, we've got another reason to celebrate in 2020: The BARC Score has once again named LucaNet its market leader!