Hoofddorp, 2132 JC,
Netherlands
Basic-Fit International Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Basic-Fit International and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 6964 Basic-Fit International employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Basic-Fit International has purchased the following applications: Lucanet Consolidation and Financial Planning for Financial Consolidation and Close in 2020, Amazon EC2 for Application Hosting and Computing Services in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Basic-Fit International is running and its propensity to invest more and deepen its relationship with LucaNet software , Amazon Web Services (AWS) or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Basic-Fit International revenues, which have grown to $362.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Basic-Fit International intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| LucaNet software | Legacy | Lucanet Consolidation and Financial Planning | Financial Consolidation and Close | EPM | n/a | 2020 | 2020 |
In 2020 Basic-Fit International implemented Lucanet Consolidation and Financial Planning to support its IPO and to meet international accounting standards. Tino Bijlemeer, International Manager for Reporting and Tax at Basic-Fit International B.V., stated, "When you’re going public, consistent financial data are of the utmost importance. There is only one truth, and it needs to be the same for everyone involved. You can't give your banks and lawyers one set of figures in January and then hand out a brochure with different numbers in it in March. Every party needs to receive the same numbers as all the others."
The deployment emphasized Financial Consolidation and Close capabilities, with Lucanet Consolidation and Financial Planning configured to centralize statutory consolidation, multicurrency conversion, intercompany eliminations, and group reporting. The implementation included planning and budgeting functionality to align consolidated forecasts with detailed financial close outputs, and it leveraged automated consolidation rules, audit trails, and versioning to support regulatory reporting and auditability.
Operational coverage targeted finance and tax functions across Basic-Fit’s international legal entities, establishing a unified data model and standardized chart of accounts to harmonize submissions. Data ingestion was executed via mapped data loads and structured data imports from local accounting systems, feeding consolidated reporting and planning workflows and producing standardized reporting packs for banks and auditors.
Governance was tightened through role based access controls and approval workflows for period close and consolidated reporting, with reconciled source to consolidated mappings to enforce a single source of truth. The implementation was explicitly positioned to ensure consistent, reliable numbers for all external stakeholders during the IPO process, aligning group reporting and financial planning outputs under one application.
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Amazon Web Services (AWS) | Legacy | Amazon EC2 | Application Hosting and Computing Services | IaaS | n/a | 2018 | 2018 |
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