Case Study: Leica Camera AG achieves 50% faster financial consolidation with LucaNet

Financial consolidation in half the time

Leica Camera AG, the German optics manufacturer, was struggling with an outdated consolidation solution that couldn’t keep up with rapid growth—lacking usability, transparency and auditability. They needed a user‑friendly tool that integrates with SAP, documents postings, and scales with complex group structures, so they adopted LucaNet’s financial consolidation software.

LucaNet provided an intuitive SAP connection, easy data import, clear posting traceability and centralized planning capabilities, simplifying consolidation and budgeting. As a result, Leica reduced the time to prepare consolidated financial statements from two–three days to one day (about 1.5 days sooner or ~50% faster), while improving transparency, auditability and the ability to produce planned balance sheets.

Leica

Uwe Lutz

Head of Finance Department