Lucanet is strengthening its international development strategy by announcing its official launch in Japan. This new step marks a strengthening of its presence in Asia-Pacific, where the company already operates in Singapore and China. With this expansion, Lucanet aims to support Japanese finance departments in their digital transformation by offering its platform dedicated to finance functions and performance management.
A market seeking financial modernisation
Japan is one of the world’s largest markets for multinational companies and groups with complex organisational structures. Yet many organisations continue to rely on fragmented financial systems, local tools and processes that are heavily dependent on spreadsheets.
As reporting, compliance and performance management requirements become increasingly demanding, finance departments are looking for solutions capable of centralising data and providing greater visibility across all their activities.
A platform designed for CFO requirements
To address these challenges, Lucanet is deploying its platform for finance directors in Japan. It combines financial consolidation and planning functionalities with Extended Planning and Analysis (xP&A) capabilities within a multilingual cloud environment.
The software provider highlights several benefits designed to simplify financial operations:
- Ready-to-use functionalities that limit the need for bespoke development;
- Rapid implementation to accelerate return on investment;
- Automation of workflows and data controls;
- Support for Japanese and international accounting standards, including IFRS;
- Easy integration with existing ERP systems and accounting software through numerous connectors.
The aim is to enable finance teams to reduce manual tasks, improve data quality and devote more time to analysis and decision-making.
A local presence to support Japanese companies
To support its development in the country, Lucanet has appointed Makoto Yabushita as Country Manager Japan. With more than fifteen years of experience in the enterprise software and business development sector, he will be responsible for developing local operations and strengthening relationships with stakeholders in Japan’s financial ecosystem.
The company also plans to build a local team covering presales, customer support, marketing and accounting expertise. Collaborations with consulting and audit firms have also been announced to support companies in their financial transformation projects.
An ambition driven by cloud and artificial intelligence
For Lucanet, this expansion responds to growing demand from companies for consolidation and planning solutions that are easier to deploy, more standardised and capable of incorporating the latest technological innovations.
The company says it already supports several customers in Japan and now wishes to strengthen its commitment to this market by bringing advanced cloud computing and artificial intelligence capabilities to finance departments.
source: Lucanet
