The data collection and data validation tool
The lack of quality in financial data, which is usually drawn from a range of different system landscapes and source systems, represents a huge challenge for many finance departments. Say goodbye to financial data that needs to be painstakingly incorporated into reports and integrated into plans and consolidated financial statements without first being validated. LucaNet offers a professional data collection tool that will make your everyday routine noticeably easier with simple data collection and reliable data validation, to ensure that all your data entry is correct.
Especially with regard to different ERP and accounting systems at subsidiaries, inaccurate data entries, high workloads and unnecessary costs are the norm. By employing the LucaNet data collection tool, you will easily bring order to the chaos of data, files and systems to make sure that all your collected data is correct. Using only one source of truth, you have no regard for multiple data collection tools, making data gathering occur at the push of a button.
8 surefire steps to validated financial data:
Only LucaNet software simplifies complexity
- Full transparency as to whether a reporting unit has already observed all the rules or still has some issues to resolve
- Display of status of IC reconciliation in status monitor
- Access to data files is possible
- Easily see if validation rules have already been observed or which not
- Navigate directly to the data entry in question
- Sign-off by another person is possible (four eyes principle)
- Define rules for validation and verification individually
- Easy creation of rules by means of entering conditions (including as if-then rules)
- Changes made are rolled out immediately to all reporting units
Learn even more about our data validation and data collection tool
Interested in seeing our data collection and data validation software in action? We’d be pleased to offer you a live, personalized demo with no obligation – either at your offices or in an online presentation!Request a demo