Lucanet tops the 2025 BARC Survey – and here's why that matters to you

Published May 06, 2025  | 5 min read
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    Lucanet

We're excited to announce that Lucanet has been named a market leader in the 2025 BARC Financial Consolidation & Group Accounting Survey.

But more importantly, it's a clear sign that our solutions are helping finance teams to simplify complexity, reduce manual effort, and solve real consolidation challenges.

Want to know what sets our CFO solution platform apart from the rest?

We'll break down our key BARC results – and what they mean for your day-to-day business.

 

Why the BARC Survey can help you choose the right consolidation tool

Published by leading analyst firm BARC, the Financial Consolidation & Group Accounting Survey is one of the most trusted and comprehensive evaluations of financial consolidation software. It cuts through the noise by showing how solutions perform in practice—across 13 vendors and 28 KPIs, based on feedback from 453 finance professionals.

The BARC report gives you:

  • A clear market comparison, based on peer feedback
  • Insight into what makes certain tools work better in finance environments
  • Orientation for your own system evaluation

 

Let’s take a closer look how Lucanet compares.

Lucanet highlights from the 2025 BARC Survey

This year's results especially demonstrate real, measurable value that finance teams get from using Lucanet every day.

Here are a few of the standout statistics we're excited to share:

  • 96% of users surveyed say they would recommend Lucanet
  • 93% achieved faster group consolidation and financial statement preparation
  • 100% rated Lucanet's data upload/input capabilities as good or very good

 

Top rankings across critical KPIs

Lucanet achieved 10 top rankings and 23 leadership positions. That's an outstanding set of results. High ratings in KPIs such as Ease of Use, Project Length, Data Entry/Upload and Traceability & Auditability underline our strong position.

No. 1 for Ease of Use

Finance teams rated Lucanet as the easiest-to-use consolidation software in the survey – critical to drive adoption and avoid dependency on IT. A major benefit!

Fast Time to Value

Top scores in implementation speed, project success, and business value mean our customers get up and running quickly – and see results fast.

How finance teams benefit from Lucanet

What do these results mean for CFOs and finance teams? Here’s where Lucanet makes a measurable difference in your day-to-day work:

 

1. Flexibility – to get all the jobs done

Great finance software shouldn't just do one thing well – it should support you across the board. That’s why we’re proud to see Lucanet ranked among the top solutions in:

 

2. Great support you can count on

Finance teams also highlighted our support – fast, knowledgeable, and proactive.

We believe that implementation doesn't stop at go-live, and we're happy to see that reflected in our customers' ratings.

Lucanet offers very good support and a very good way to consolidate in a way that would never be possible in Excel or would be very cumbersome and error-prone.

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Head of Accounting at Utilities, 100-2,500 employees

3. High user adoption = Real ROI

Finance software only adds value if people actually use it. With Lucanet, teams simply get their work done. That’s reflected in high user adoption across all company sizes and a high recommendation rate from our customers:

4. Easiest to work with

Lucanet also ranked as one of the most approachable, user-friendly vendors in the survey.

That means:

  • Clear onboarding
  • No hidden complexity
  • An easy-to-use interface
  • And a partnership that’s easy to manage – without endless handovers or heavy IT involvement

5. Easy to implement

Getting started shouldn’t be the hardest part. Lucanet scored #1 in Project Length, reflecting not only speed, but also satisfaction with the rollout.

What BARC says about Lucanet

Don’t’ just take our word for it. Here’s how BARC sums up Lucanet’s performance in this year’s Financial Consolidation & Group Accounting Survey:

“With 10 top ranks and 23 leading positions, Lucanet achieves an excellent set of results

in this year’s Financial Consolidation & Group Accounting Survey. Companies benefit from using Lucanet through streamlined consolidation processes, enhanced auditability and efficient project execution.

User satisfaction is a key highlight: 96 percent of surveyed users say they would recommend Lucanet, while the same percentage express overall product satisfaction.

These strong results reflect Lucanet’s commitment to delivering a user-friendly high-performing solution for financial consolidation.”

 

Get the BARC Survey now

Download the full BARC Financial Consolidation Survey 2025 and explore all of Lucanet's KPIs, customer insights, and results from other vendors. If you're part of a mid-sized or larger organization that deals with consolidation, reporting, or audit readiness, this survey is definitely worth exploring.

Download report

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    Lucanet

    Lucanet is a global software provider for financial consolidation, planning, and reporting. Our user-friendly CFO Solution Platform is designed to match the exact requirements of finance teams by providing accurate and consistent information effectively. For more than 20 years, 6,000+ customers in 50 countries have already trusted Lucanet.