The new Lucanet Data Collection solution is now available on our Lucanet CFO Solution Platform!

The Data Collection solution enables you to gather, validate, and enrich financial and statistical data across all your reporting entities. With Data Collection, you can handle the entire process from distributed data entry by local finance teams to central review and approval – all in a single, web-based environment.

The cloud-based platform and seamless integration with Consolidation & Financial Planning (CFP) allow you to reuse your existing structures, dimensions, and translations directly in your data collection forms, without duplicating setup work.

Data Collection supports a decentralized collection model: local teams enter and validate their own data before submitting it for central approval. This makes the solution suitable for organizations of all sizes that want to standardize group reporting and improve data quality at the source.

Data Collection offers you:

• Configurable form templates: Create flexible data collection forms from scratch or based on existing CFP structures, such as the general ledger and subledgers.
• Robust validation rules: Validate data at the point of entry with customizable rules that check data quality within and across form templates, reducing errors before data reaches central finance.
• Reporting packages: Bundle form templates, validation rules, and reporting entity assignments into reusable packages, and start data collection processes with just a few clicks.
• Seamless CFP integration: Import reporting entities directly from CFP to keep master data consistent across solutions, with no manual reconciliation needed.
• Collaborative workflow: Empower distributed teams with a clear collector-and-approver workflow that combines local ownership with central oversight.