Berlin, 12 February 2025
Lucanet, a leading global provider of end-to-end CFO software solutions, has announced the launch of its Extended Planning and Analysis (xP&A) solution.
Building on the recent acquisition of Causal, the new addition to the Lucanet CFO Solution Platform empowers CFOs to deploy data-driven strategies through real-time scenario modelling, directly addressing the market need for seamless operational planning, budgeting and forecasting.
In today’s dynamic business environment, it is an essential tool for CFOs to plan, predict and perform with confidence. From responding to challenges and opportunities resulting from digitisation, new regulations, global trade tariffs, upcoming European tax changes, export controls and the expanded EU Corporate Sustainability Reporting Directive (CSRD), the platform enables users to react quickly to economic and regulatory change and tackle complexity with ease.
Recent Lucanet research highlights the significant demand for such solutions. “The CFO Agenda 2025” revealed that rising costs (52%), increasing regulatory pressure (42%) and the lack of automation (48%) are the top concerns for financial decision-makers.
“The modern CFO is expected to be a dynamic, empowered growth strategist with a compelling vision. This is only possible if the burden of high-friction, high-frequency and manual processes is lifted. With the launch of our CFO Solution Platform in 2024, we set out to create a single platform that brings together the most business-critical jobs-to-be-done in finance – truly all-in-one platform offered by no other vendor. The introduction of our first GenAI capabilities in November marked another step forward, and now, with the addition of xP&A, we’re further strengthening our ability to support CFOs to make better informed decision more efficiently.” Elias Apel, CEO at Lucanet comments.
Setting the benchmark for speed, usability and automation, Lucanet’s xP&A solution, creates a single source of truth, promoting transparency, and enhancing collaboration across departments – the first enterprise-grade planning product offering rapid time-to-value and easy in-house management.
Its extensive out-of-the-box functionalities include:
- Smart AI Copilot for automated model building and accelerated time to value
- Natural language formulas, removing the need for coding skills
- Fast implementation without lengthy onboarding processes or complex configurations
- Seamless integration with the existing tools in the Lucanet CFO Solution Platform, including consolidation and financial planning, ESG reporting, disclosure management, tax compliance, lease accounting and cash management
Elias Apel further states: “CFOs are juggling more than ever, what they need isn’t just more data but the ability to intelligently connect the dots across their entire organisation. Our CFO Solution Platform, now enriched with the xP&A solution, ensures that finance leaders can move beyond reacting to challenges and start proactively shaping their firm’s future. With xP&A, CFOs are empowered not just to manage uncertainty, but to turn it into opportunity and drive value beyond the finance function."
This launch follows a series of innovations since the CFO Solution Platform was released in 2024, including the introduction of Lucanet’s GenAI capabilities. The addition of xP&A marks another step in Lucanet’s mission to empower CFOs to create value beyond the finance function.
Contact Information
For more information, please contact: pr@lucanet.com