That is how our concept emerged - the concept of completely integrated software for consolidation, planning, reporting and analysis. But central to our thinking right from the beginning was the idea of a product which users without prior IT knowledge should be able to use immediately, developed through a consistent focus on intuitive usability and by employing the latest technologies.
In 1494 this Italian Franciscan monk was the first worldwide to write a treatise about the idea of double-entry accounting: Summa de Arithmetica, Geometria, Proportioni et Proportionalità. The book is recognised as a great mathematical work of its time and contains elaborate descriptions of the accounting methodology, as it used to be performed by Venetian merchants in the past. This type of double-entry accounting with the inventory, balance sheet and profit and loss account has been applied worldwide until today. And we feel much indebted to this work.
On 7th September 2015, the opening of a new subsidiary for the United Kingdom and Ireland was announced, with the appointment of Gavin Allen as its Managing Director. The opening of this subsidiary reflected a significant step for the continued growth ambitions of LucaNet with its approach to Financial Performance Management.