Case Study: ABL-TECHNIC Entlackung GmbH achieves faster, higher-quality reporting and consolidation with Lucanet

Why using spreadsheets cannot be the solution for consolidation

ABL-TECHNIC Entlackung GmbH, a market leader in industrial paint stripping, was struggling to handle group-level consolidation and monthly reporting in Excel. With data from 23 plants in 14 countries and 20 companies, its finance team faced a manual, error-prone process and growing reporting requirements after an investor change. The company turned to Lucanet for reporting, consolidation, planning, and budgeting support.

Lucanet implemented its software in just three months, replacing spreadsheets with a centralized data warehouse and unified group structure. The solution improved data quality, enabled faster reporting, simplified IC reconciliation and complex consolidation, and made plan/actual comparisons and German tax reporting easier. According to ABL-TECHNIC, Lucanet accelerated reporting processes and increased data accuracy, while streamlining the handling of complex data and adjustments.

ABL-TECHNIC Entlackung GmbH

Florian Birkenmaier