FAQs

Welcome to our FAQ page! Here, you will find answers to frequently asked questions on the following topics:

Lucanet CFO Solution Platform

The Lucanet CFO Solution Platform is the new, web-based CPM software from Lucanet, which offers a seamless, uniform UX with shared functions for all the solutions you run on it. Solution is the word Lucanet uses for applications that can run on the Lucanet CFO Solution Platform. With Lucanet 24.1, the following solutions are available:

  • Lucanet Consolidation & Financial Planning for web-based access to data from Lucanet.Financial OLAP Server with numerous editing and reporting options
  • Lucanet ESG Reporting for the company-wide calculation of CO2 emissions and collection of ESG data in accordance with the current ESRS provisions of the EU
  • Lucanet Disclosure Management for the creation of business reports in various formats, for example in iXBRL format, including ESEF and ESG.

Lucanet 24.1 replaces Lucanet.Web Client with the Lucanet CFO Solution Platform. Lucanet.Web Client and Lucanet.Web Server will therefore no longer be available with Lucanet 24.1. The previous functions of Lucanet.Web Client have been moved to the Lucanet CFO Solution Platform solution Lucanet Consolidation & Financial Planning.

Lucanet.Cloud customers with an SaaS contract will be able to access the Lucanet CFO Solution Platform and use the previous functions as well as the new options of the Lucanet CFO Solution Platform after updating to Lucanet 24.1. Separate licensing is required to use the new options, referred to as the solutions for ESG Reporting and Disclosure Management.

Lucanet.Cloud customers who have a maintenance and support agreement with us will no longer be able to use Lucanet.Web Client after updating to Lucanet 24.1. Instead, they will need to switch to a SaaS contract so they can access the Lucanet CFO Solution Platform.

Lucanet offers three different license packages: Basic, Advanced and Professional. For more information on Lucanet’s SaaS subscription options and FAQs on this topic, see Find the perfect solution for your business needs.

Lucanet-On-Premises customers with a maintenance and support contract must switch to Lucanet.Cloud and an SaaS contract to access the Lucanet CFO Solution Platform.

Lucanet-On-Premises customers with a rental contract must switch to Lucanet.Cloud to access the Lucanet CFO Solution Platform.

Lucanet offers three different license packages: Basic, Advanced and Professional. For more information on Lucanet’s SaaS subscription options and FAQs on this topic, see Find the perfect solution for your business needs.

No. The Lucanet CFO Solution Platform is a SaaS product (SaaS = software as a service) – this means that it is hosted and managed centrally, and does not require on-premises installation of a server or client.

The Lucanet CFO Solution Platform is automatically available to Lucanet.Cloud customers with an SaaS contract after updating to Lucanet 24.1. After updating to Lucanet 24.1 or as soon as a new user is created, the users first receive an e-mail with the initial access data and the URL to the Lucanet CFO Solution Platform to define a password. Once they have set a password, users can start up the Lucanet CFO Solution Platform as follows:

  • In the Extras menu in Lucanet.Financial Client
  • Directly by clicking the link in the e-mail containing the initial access data

No. Users only need to log into the Lucanet CFO Solution Platform once, not separately for each different solution.

The administration of the Lucanet CFO Solution Platform serves as a central point for the administration of users, user roles, and superordinate permissions. You can create users and define access types and user roles for specific solutions in the user management area. Users on the Lucanet CFO Solution Platform are automatically synchronized with Lucanet.Financial Client. This means that any changes made to a user on the Lucanet CFO Solution Platform are automatically transferred to Lucanet.Financial Client.

For more information on user management in the Lucanet CFO Solution Platform, see Creating and Editing Users for the Lucanet CFO Solution Platform.

The Lucanet CFO Solution Platform supports the following browsers:

  • Google Chrome
  • Microsoft Edge
  • Apple Safari
  • Mozilla Firefox

 

We officially support only the latest versions of each web browser. However, the Lucanet CFO Solution Platform will most likely work for older versions as well.
Other browsers may be supported, but Lucanet only guarantees support for the specified browsers.

No, you don’t need any browser add-ins to use the Lucanet CFO Solution Platform.

Your Lucanet data can be displayed on an iPad or Android tablet.

No, what matters is the version of the web browser you are using. Lucanet supports only the latest versions of the individual browsers.

It is not currently possible to access the Lucanet CFO Solution Platform from a smartphone.

The Lucanet CFO Solution Platform can be used on Microsoft Windows, Linux and macOS without restrictions.

Lucanet Consolidation & Financial Planning

The previous functions of Lucanet.Web Client have been moved to the Lucanet CFO Solution Platform solution Lucanet Consolidation & Financial Planning. As such, Lucanet Consolidation & Financial Planning provides web-based data access to certain workspaces in Lucanet.Financial Client, and allows you to configure dashboards.

After modernizing the user interface of Lucanet.Financial Client, we also intend to redesign the Consolidation & Financial Planning solution to permanently close the remaining design gap between the two products. You can look forward to a smooth transition, and a standardized, modern user interface!

For more information on the Consolidation & Financial Planning solution, see Consolidation & Financial Planning.

No. Users of the Lucanet CFO Solution Platform can access the Consolidation & Financial Planning solution without a separate license.

Lucanet Consolidation & Financial Planning and Lucanet.Financial Clientwork based on the same data. This means that when data are stored in Lucanet.Financial Client, these changes will take immediate effect in Lucanet Consolidation & Financial Planning, and vice versa. The changes are visible immediately in the CFO Solution Platform solution; you do not need to reload the page.

No. By default, all Lucanet users created in Lucanet.Financial Client have access to Lucanet Consolidation & Financial Planning. New users for Consolidation & Financial Planning can be created both in Lucanet.Financial Client and in the Lucanet CFO Solution Platform.

By default, all access permissions defined for a user in Lucanet.Financial Client also apply for the Consolidation & Financial Planning CFO Solution Platform solution. In addition to this, views created in Lucanet.Financial Client can be specifically activated for use in the Lucanet CFO Solution Platform (see Settings in Lucanet.Financial Client).

Lucanet ESG Reporting

ESG reporting is made easier with the new solution Lucanet ESG Reporting. ESG Reporting complies with the ESRS requirements and the GHG protocol, and provides decentralized data collection with customized questionnaires. It can also be used to calculate GHG emissions. This user-friendly solution ensures the data accuracy you need, saves a great deal of time, and will help you to achieve your sustainability goals. For more information, see ESG Reporting.

Yes, the Lucanet ESG Reporting solution requires a separate license. You can also license this solution as a stand-alone solution, i.e. without buying a license for the Lucanet.Financial OLAP Server. To acquire a license, please get in touch with your Lucanet contact or use the contact form on Lucanet's website.

ESG reporting with Lucanet covers the following steps:

  • Creating a Report and Entering the Master Data
  • Configuring the ESRS Questionnaire
  • Collecting Data
  • Checking Data
  • Aggregating Data and Returning Them to Disclosure Management
  • (Optional) Exporting Data

 

For more information on this topic, see All Steps at a Glance – ESG Reporting.

There are two available user roles for Lucanet ESG Reporting: ESG Master and ESG Data Collector. The options available to you will differ depending on which role you have been assigned. You will also see a different ESG Reporting interface depending on your role.

For more information, see User roles for ESG Reporting.

Lucanet Disclosure Management

Lucanet Disclosure Management is a professional end-to-end solution, which covers the entire annual report creation process.

The path of the data of individual or consolidated financial statements from the accounting or consolidation system to the annual report document is often interrupted by numerous manual interfaces. Manual interfaces pose the risk of transmission errors, resulting in delays and hence inefficiencies. The new Lucanet Disclosure Management eliminates this bottleneck by automating the collection and verification of data and the creation and transfer of reports.

For more information, see Disclosure Management.

Yes, the Lucanet Disclosure Management solution requires a separate license. To acquire a license, please get in touch with your Lucanet contact or use the contact form on Lucanet's website.

Lucanet Lease Accounting

Lucanet Lease Accounting offers an efficient solution for entering, calculating, and posting leases in accordance with IFRS 16 and supports correct financial reporting. The software is characterized by simple and intuitive user guidance and enables the simulation and preview of leasing contract calculations. It also allows for quick exports of the created postings and reports to MS Excel.

Yes, the Lucanet Lease Accounting solution requires a separate license. To acquire a license, please get in touch with your Lucanet contact or use the contact form on Lucanet's website.