Fully integrated data

The software for data collection and validation

The lack of quality in financial data, which is usually drawn from a range of different system landscapes and source systems, represents a huge challenge for many finance departments. Say goodbye to financial data that needs to be painstakingly incorporated into reports and integrated into plans and consolidated financial statements without first being validated. LucaNet offers a software tool that will make your everyday routine noticeably easier with simple data collection and reliable data validation.

The path to maximum data quality

Our software for data collection and validation is sure to be the right tool for you thanks to all the functions it offers, which include:

  • Automated validation options
  • Workflow support via integrated task management
  • Transparency about the state of data collection
  • Secure and error-free data transfer
  • Data files that can be audited
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An intelligent solution for data validation

How LucaNet can benefit you

Automation

LucaNet software makes it easy to set up the report layout for collecting planning and actual data. It also provides automatic validation for the data you collect. The validation takes place in real time.

Flexibility

With LucaNet, you can define validation rules and checking routines on a case-by-case basis. It offers a non-complex way of creating both simple conditions and If/Then rules. Each rule can be set to apply to all reporting units (e.g. companies, cost centers, segments) or just selected ones.

Traceability

Thanks to an integrated status monitor, you can keep a constant eye on the entire process of data collection and validation. The system enables you to see at a glance which reporting units have not yet observed certain validation rules.

Data transfer

Data collection can be handled manually or it can be automated; interfaces to LucaNet.Financial Warehouse and MS Excel are of course available to you. Validation is carried out regardless of the type of collection used and is available equally for all reporting units, even if they do not all use the same system landscape.

Speed

With software from LucaNet, you can increase the quality of your data while making your processes more efficient through automation. This makes your financial reporting and planning processes much faster – with financial data you can trust 100%.

Security

LucaNet offers the utmost in reliability. The process of data collection can only be completed once all the validation rules at hand have been observed. This means you’ll always have access to valid and consistent data – whether it's for your planning or financial consolidation.

Only LucaNet simplifies complexity

data collection and validation status monitor

As a user, you have full transparency as to whether a reporting unit has already observed all the rules or still has some issues to resolve. The status monitor also displays all your deadlines and the status of your IC reconciliation.

data collection and validation rules

As a user, it is easy for you to see which validation rules have already been observed and which have not. You can also navigate directly to the entry in question from the rule itself.

data collection and validation simple creation of rules

New rules can easily be created by entering conditions (including as if-then rules) and then rolled out immediately to all reporting units.

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Learn even more about our tool for data validation

Interested in seeing our software in action? We’d be pleased to offer you a live, personalized demo with no obligation – either at your offices or in an online presentation!

Schedule a live demo