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4.9 out of 5
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Lucanet
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Lucanet Features
What are the features of Lucanet?
Financial Insight
- Budgeting
- Forecasting
- Planning
Data
- Data Visualization
- Data Analysis
- Custom Reporting
- Reporting Templates
Status Communication
- Collaboration
- Version Control
- Real-Time Data Updates
- Scorecards
Budget Creation
- Data Import
- Budget Hierarchies
- Versioning
- Budget Periods
Lucanet Categories on G2
Filter for Features
Financial Insight
Budgeting | Based on 20 Lucanet reviews and verified by the G2 Product R&D team. Uses collected data to assist organizations in understanding what they can afford now, and in years to come. | 87% (Based on 20 reviews) | |
Forecasting | Based on 18 Lucanet reviews and verified by the G2 Product R&D team. Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline. | 87% (Based on 18 reviews) | |
Planning | Based on 19 Lucanet reviews and verified by the G2 Product R&D team. Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly. | 89% (Based on 19 reviews) |
Data
Data Visualization | Based on 19 Lucanet reviews and verified by the G2 Product R&D team. Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts. | 73% (Based on 19 reviews) | |
Data Analysis | Based on 21 Lucanet reviews and verified by the G2 Product R&D team. Scours data for actionable insights. | 83% (Based on 21 reviews) | |
Custom Reporting | Based on 23 Lucanet reviews and verified by the G2 Product R&D team. Allows users to customize their own reports according to business needs. | 80% (Based on 23 reviews) | |
Reporting Templates | Based on 21 Lucanet reviews and verified by the G2 Product R&D team. Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions. | 79% (Based on 21 reviews) |
Status Communication
Collaboration | Based on 15 Lucanet reviews and verified by the G2 Product R&D team. Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. | 81% (Based on 15 reviews) | |
Version Control | Based on 18 Lucanet reviews and verified by the G2 Product R&D team. Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance. | 81% (Based on 18 reviews) | |
Real-Time Data Updates | Based on 17 Lucanet reviews and verified by the G2 Product R&D team. Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. | 86% (Based on 17 reviews) | |
Scorecards | Based on 12 Lucanet reviews and verified by the G2 Product R&D team. Displays and shares company performance data to increase transparency across the board. | 78% (Based on 12 reviews) |
Budget Creation
Data Import | Import trial balance, monthly P&L, balance sheets, and other types of financial data This feature was mentioned in 13 Lucanet reviews. | 91% (Based on 13 reviews) | |
Budget Hierarchies | As reported in 12 Lucanet reviews. Define budget structure elements and how they are linked hierarchically | 86% (Based on 12 reviews) | |
Versioning | Keeps track of all versions of a budget and allows users to compare versions This feature was mentioned in 12 Lucanet reviews. | 79% (Based on 12 reviews) | |
Formulas | Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues This feature was mentioned in 11 Lucanet reviews. | 76% (Based on 11 reviews) | |
What-If | Test the potential financial impact of business decisions on revenues and expenses This feature was mentioned in 10 Lucanet reviews. | 73% (Based on 10 reviews) | |
Budget Periods | As reported in 12 Lucanet reviews. Users can customize standard budget periods (3, 9, or 12 months) | 85% (Based on 12 reviews) |
Budget Management
Consolidation | Consolidate multiple budgets from different departments or business entities 10 reviewers of Lucanet have provided feedback on this feature. | 83% (Based on 10 reviews) | |
Adjustments | As reported in 11 Lucanet reviews. Users with administrative access rights can modify budgets | 83% (Based on 11 reviews) | |
Workflows | As reported in 11 Lucanet reviews. Workflows are used to define the steps required to alter budgets and who needs to approve changes | 70% (Based on 11 reviews) |
Forecasting
Historical Data | As reported in 12 Lucanet reviews. Forecasting is based on past transactions and historical financial or operational data | 86% (Based on 12 reviews) | |
Reforecast | Based on 10 Lucanet reviews. Ability to recreate forecasts to include new information that may impact budgets | 77% (Based on 10 reviews) | |
Forecast Types | Support multiple types of forecasts such as balance sheet and cash flow forecasts | Not enough data | |
Rolling Forecasts | Based on 10 Lucanet reviews. Used to review and update budgeting assumptions for a predefined period (usually one year) | 77% (Based on 10 reviews) | |
AI | Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns | Not enough data |
Analytics
Variance Analysis | As reported in 11 Lucanet reviews. Project out as the year progresses to accommodate trends that affect key business drivers. | 79% (Based on 11 reviews) | |
Forecasts Comparison | compare Income Statement, Balance Sheet, and Cash Flow for multiple periods This feature was mentioned in 11 Lucanet reviews. | 80% (Based on 11 reviews) | |
Forward Looking | Based on 10 Lucanet reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data | 78% (Based on 10 reviews) |
Reconciliation
Consolidation | Data from multiple systems can be centralized into a single repository | Not enough data | |
Management | Financial information can be imported from multiple sources such as spreadsheets, text files, or databases | Not enough data | |
Accounting | Match invoices, payments, and bank statement information | Not enough data |
Reporting
Report Types | Provide multiple types of reports such as point-in-time snapshot reports, or year over year | Not enough data | |
Standard | Offers standard financial reports out of the box | Not enough data | |
Custom | Allows users to edit reports and to combine multiple reports | Not enough data |
Closing Process
Audit | Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals. | Not enough data | |
Journal Entries | Adjusts journal entries in order to have an accurate balance sheet and income statement | Not enough data | |
Distribution | Based on 10 Lucanet reviews and verified by the G2 Product R&D team. Financial statements and statistical reports (such as KPI) can be assembled into financial packages | 77% (Based on 10 reviews) |
Financial Planning
Extended Planning | Analysis that creates business plans outside of finance, including sales, marketing, or HR. | Not enough data | |
Reporting | Reports on departmental KPI metrics measured against targets. | Not enough data | |
Integration | Consolidates planning processes across an organization into a single solution. | Not enough data |
Agentic AI - FP&A (Financial Planning & Analysis)
Proactive Assistance | Anticipates needs and offers suggestions without prompting | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
Agentic AI - Financial Close
Autonomous Task Execution | Capability to perform complex tasks without constant human input | Not enough data |
Agentic AI - Budgeting and Forecasting
Natural Language Interaction | Engages in human-like conversation for task delegation | Not enough data | |
Proactive Assistance | Anticipates needs and offers suggestions without prompting | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
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