Comparison · Light vs Lucanet
Light vs Lucanet
Lucanet is an established financial consolidation and planning platform. It does group consolidation, planning, disclosure and lease accounting well. What it is not is a general ledger: it reads from the ERPs underneath it. Light is the agentic ERP where the ledger and the consolidation are the same system, so the group numbers are the books rather than a layer built on top of them.
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Light and Lucanet, compared
| Feature | Light | Lucanet |
|---|---|---|
| General ledger and accounting system of recordLucanet: a consolidation and planning platform that reads from your ERP or GL, not a ledger itself | Yes | No |
| Multi-entity consolidationLucanet: Lucanet's core strength, and a well-regarded one: group consolidation to statutory standards | Yes | Yes |
| Budget, forecast and budget-vs-actual reportingLucanet: a genuine strength; extended planning and analysis is a core Lucanet module | Yes | Yes |
| Accounts payable and accounts receivable ledgersLucanet: not covered; AP and AR live in the connected ERP | Yes | No |
| Corporate cards and spend managementLucanet: not offered; Lucanet is a reporting and planning layer | Yes | No |
| Vendor payments on local railsLucanet: not a payments product; cash management is reporting, not execution | Yes | No |
| Consolidation posts continuously as transactions happenLucanet: consolidation runs against data imported from source systems, typically on a period cycle | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Consolidate at the source
Lucanet imports balances from the ERPs your entities run. Light consolidates as transactions post, with drill-down from group figures to source documents.
- 01
Keep daily finance together
Light runs bills, invoicing, cards and payments alongside the general ledger. Agents complete routine work within your controls, with a record of every action.
- 02
Check the specialist requirements
Lucanet covers planning, disclosure, ESG reporting and lease accounting. Compare those requirements explicitly before replacing a consolidation and reporting platform.
When to choose Light
- 01
Group reporting is always current
Every entity rolls up in real time, with drill-down to the source document and no exports.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
One ledger for every entity
Add a company, a country or a currency without adding another system.
Trusted by the world's
fastest growing companies
See how finance teams run lean and global on Light.
Read customer stories-
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
Tanja, Director of FinanceOmnea -
“Even though we’re three entities, it’s like I’m running a finance department for one entity.”
Thobias, Finance ManagerAlva Labs -
“I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
Cédric, Finance ManagerOper Credits -
“Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
Jeppe, CFOKeyShot
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
Trace every number
Open a report and drill straight into the transactions behind it.
Spending, under control
Expenses, vendors and cards connected to your ledger.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
Cards
Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.
Frequently asked questions
Is Lucanet a general ledger?
No. It consolidates and reports on data from connected accounting systems.
Can Light replace our entity ERPs?
Light provides the ledger, payables, receivables, spend and consolidation in one platform.
When does Lucanet fit?
When you need to consolidate entities on different ERPs and plan to keep those systems.
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