Case Study: Leica Camera AG halves consolidation time with Lucanet

Leica Camera AG halves financial consolidation time with Lucanet

Leica Camera AG, a renowned German optics manufacturer, faced a challenge as its outdated financial consolidation software could not keep pace with the company's growth, hindering usability, transparency, and auditability. To manage increasingly complex structures, Leica needed a user-friendly solution that integrated well with its existing systems, like SAP, and could properly document postings.

By implementing the Lucanet software, Leica found an intuitive solution that connected simply to SAP, automating data import and streamlining the consolidation process. This allowed Lucanet to deliver significant results, cutting the time to prepare consolidated financial statements from two or three days down to just one day, effectively halving the process time, while also enabling advanced corporate-level planning and a planned balance sheet.

Leica Camera AG