Case Study: MCL Land achieves faster, more transparent financial consolidation with Lucanet

Simple consolidation and efficient financial processes for leading property group

MCL Land, a leading property group in Singapore, was growing quickly and needed a better way to manage finance across multiple subsidiaries and revenue streams. Its team was relying on manual spreadsheet-based data collection and reporting, which made consolidation slow, time-consuming, and prone to errors. MCL Land turned to Lucanet to simplify and improve its financial processes.

Using Lucanet’s software, MCL Land created a single-source-of-truth platform with automated data integration, consolidation, and reporting. The solution enabled drill-down analysis, instant reflection of data changes, and automated intercompany and equity eliminations. As a result, a lean team of just three users can now produce monthly consolidation and comparison reports on demand, saving time, improving accuracy, and freeing the finance team to focus on deeper analysis.

MCL Land

Chua Yoon Mee

Finance Manager