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Exact Consolidation Powered by Lucanet

Make managing your complex financial organization easy

Close each financial period quickly, easily and with 100% confidence

Exact Consolidation ensures that all your financial management processes are linked to one central source, with the most up-to-date financial data. All financial data, budgets and forecasts, as well as non-financial data are effortlessly coordinated, making analyzes very simple.

The benefits of Exact Consolidation

One reliable data set

Long and time-consuming closing cycles are a thing of the past. Forget complex and inflexible spreadsheets. With Exact Consolidation you benefit from a complete financial data warehouse. One central place where you will find all the answers. Whatever your accounting standards are (for example, US-GAAP, IFRS, HBG).

View the situation from every angle

Exact Consolidation offers you segmented reports and parallel creation of consolidated P&L statements, balance sheets and cash flow statements. How many levels of sub-consolidation whatsoever. This gives you direct insight into organization-wide results, from different perspectives.

A clear audit trail

Add documents and comments to create a complete audit trail, with supporting evidence for each correction. All changes during your monthly or annual closing are logged in the system. This raises the reliability of your processes and the quality of your data to a higher level.

Different currencies are covered

The automatic conversion of currencies to historical, average and daily values saves time and offers transparency. Do you want to estimate the impact of changing currency values? Or do you want to see actual results versus budgeted values? This is converted in-memory and real-time, so that you immediately see the impact.

Self service reporting

Powerful wizards support the automated creation of transaction and consolidation data, but also intercompany eliminations. Even for participations with changing ownership percentages. The solution includes closure and disclosure management. With workflows that follow and guide every step of the process. You easily determine the rules and KPI reports yourself, without the help of IT or expensive consultants.

Insight for all stakeholders

Give management direct access to the cockpit or a specific KPI report within the system. Use the powerful Excel add-in with pivot table for support. State of the art interfaces for XMLA, ODBO and MDX ensure seamless integration with your existing reporting and / or BI environment, including MS Reporting Services.

One reliable data set
View the situation from every angle
A clear audit trail
Different currencies are covered
Self service reporting
Insight for all stakeholders

Get more out of your company software

Get started after installation and gain the best possible return from your company software with Exact services. Whether you're setting up your online environment or customising your ERP, the experienced, professional Exact Customer Service consultants are on hand to assist you.

Customer storyVapro

Within three months we went live with Exact Consolidation powered by Lucanet.

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