Case Study: Urban Sports Club simplifies consolidation and reporting with Lucanet

Simple consolidation and reporting for 15 companies

Urban Sports Club, a growing and internationalizing company, was struggling to keep consolidation and reporting under control for 15 companies, with Excel pushed to its limits. To solve this, Urban Sports Club turned to Lucanet for a better way to manage financial data and reporting.

Lucanet implemented a financial data hub that automated many consolidation steps and built in checks to reduce manual work and reconciliation. As a result, Urban Sports Club gained clear visibility into subsidiary liquidity, could intervene sooner when needed, and quickly produced reliable reports for investors and management.

Urban Sports Club

Ina Wetzel

Chief Financial Officer