Lucanet
69 Case Studies
A Lucanet Case Study
Bloch International was spending too much time manually tracking multiple spreadsheet copies to fix errors, which slowed consolidation and reporting. The company wanted a faster, more reliable way to manage intercompany reconciliation and tailored financial reporting, so it turned to Lucanet and its group reporting software.
Lucanet implemented a streamlined reconciliation and reporting solution that automated key consolidation tasks, including intercompany elimination and unrealized profit calculations. As a result, Bloch International reduced errors, made reporting and consolidation much more efficient, and could compare budgets year over year with a simple click, while also creating custom reports to meet business needs.
Andrew Philippou
Group Financial Controller