Case Study: Toshiba achieves 90% greater financial transparency and faster reporting with LucaNet

How Toshiba modernized its financial controlling

Toshiba Electronics Europe GmbH faced non‑transparent financial data, opaque processes and error‑prone Excel workflows that made monthly reporting slow and controls unreliable. Using LucaNet FPM software, the company sought to replace manual spreadsheets and gain traceability for accounts, postings and deviations that previously required days of work by a small controlling team.

LucaNet implemented integrated reporting, deviation analysis, change logging, commentable planning figures and task management so cost‑center managers can enter and monitor budgets directly. As a result, LucaNet delivered about 90% greater data transparency, budget planning is three times faster, and monthly reporting is roughly 50% faster, saving significant time and improving confidence in Toshiba’s financial data.

Toshiba

Ulrich Leib

Head of Controlling