Case Study: Bloch International achieves faster, more reliable consolidation with Lucanet

Bloch International cuts consolidation time in half with Lucanet

Bloch International, a global designer and manufacturer of dance shoes and apparel, faced significant challenges with slow and error-prone financial consolidation using Excel spreadsheets. Manually reconciling data across international subsidiaries was time-consuming and hindered reporting efficiency. To overcome this, they turned to Lucanet's financial consolidation and group reporting software.

By implementing Lucanet, Bloch International replaced its spreadsheet processes, gaining customized reporting templates and semi-automatic features for intercompany reconciliation. This solution dramatically improved accuracy and speed, allowing finance directors worldwide to compare performance easily. The vendor's software enabled quicker error resolution and streamlined consolidation, helping Bloch leave behind its outdated methods for a more scalable and efficient global financial process.

Bloch International