Vectura Group plc speeds up consolidation with LucaNet [video]Sarah Whitworth
Vectura has achieved same-day group consolidation and reporting with LucaNet. Vectura Group plc is a British-based pharmaceuticals business which is listed on the London Stock Exchange. George Graham is responsible for collecting and consolidating financial information from 20 entities.
“Thanks to LucaNet we are now able to get the consolidation in real-time on the exact day that the subsidiaries report and we’re able to provide information to management as and when they require it. Previously the Excel consolidation took 2 to 3 days to report but now with LucaNet we’re able to do that on the exact same day.”
George Graham, Group Financial Reporting Manager, Vectura Group plc
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