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IBM Cognos Controller vs LucaNet comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Cognos Controller
Ranking in Financial Close Software
12th
Average Rating
7.6
Number of Reviews
2
Ranking in other categories
No ranking in other categories
LucaNet
Ranking in Financial Close Software
15th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the Financial Close Software category, the mindshare of IBM Cognos Controller is 1.4%, down from 1.9% compared to the previous year. The mindshare of LucaNet is 3.7%, up from 3.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

Pauli Leppänen - PeerSpot reviewer
Feb 5, 2024
A tool useful for areas like reporting and group consolidation
Scalability-wise, I rate the solution an eight out of ten. My company hasn't faced any issues regarding scalability, which we can't overcome. Regarding the scalability, there is some work required in the product. A user should also have some knowledge to be able to operate the tool's scalability feature. Sometimes, my company has to contact our support partner to figure out how to do certain things in the product. So far, my company hasn't encountered any issues with the tool where we have to deal with volumes even though we have to deal with a lot of leasing contracts, like over 2,000. My company expects the product to offer more scalability. My company has around 70 licenses.
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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pricing and Cost Advice

"The product is expensive, but compared to its other alternatives in the market, I feel that IBM Cognos Controller is a reasonably priced tool."
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Questions from the Community

What do you like most about IBM Cognos Controller?
The most valuable feature of the solution stems from the fact that it is a properly working solution... The functionalities and package offered by the product seem to be the right fit for our company.
What needs improvement with IBM Cognos Controller?
IFRS 16 functionality is something that is not embedded in IBM Cognos Controller. My company uses a good built-in functionality in the tool, which was made by our support partner. IBM Cognos Contro...
What is your primary use case for IBM Cognos Controller?
I use the solution for reporting and group consolidation.
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Overview

 

Sample Customers

Emirates National Oil Company
Charité - Universitätsmedizin Berlin, Condor Flugdienst GmbH, Coram International B.V., Correvio International Sàrl, CTS EVENTIM AG & Co. KGaA, Data-Mail, Inc., degewo AG, Delivery Hero SE, Deutsche Werkstätten Hellerau GmbH, DIMOCO Europe GmbH
Find out what your peers are saying about Blackline, Workiva, Sage and others in Financial Close Software. Updated: October 2024.
814,649 professionals have used our research since 2012.