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List of Lucasys Fixed Assets Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight Insight Source
American Electric Power Utilities 16330 $19.7B United States Lucasys Lucasys Fixed Assets Enterprise Asset Management 2023 n/a In 2023, American Electric Power engaged Lucasys to standardize and cleanse tax fixed-asset and tax accounting data using Lucasys Fixed Assets, an Enterprise Asset Management application. The engagement was executed as the initial phase of a multi-phase tax technology transformation intended to strengthen tax accounting, compliance, and reporting within AEP's finance and tax organization in the United States. The initial work concentrated on data remediation and harmonization of asset records across tax books to create a consistent tax fixed-asset dataset. Implementation activities centered on configuring Lucasys Fixed Assets to support tax-focused asset registries, harmonized depreciation schedules, and tax book mappings. Project tasks included establishing data quality rules, reconciling tax accounting attributes, and standardizing asset classification to produce a single source of truth for tax fixed-asset records. These configurations were explicitly designed to prepare the environment for subsequent Lucasys tax and fixed-asset solution modules. Operational scope was limited to AEP's finance and tax organization in the United States, and the collaboration expanded through 2024 as follow-on phases were planned. The work emphasized process alignment between tax and accounting workflows, defining roles for data stewardship and creating repeatable remediation processes to sustain data integrity. The source announcement did not disclose specific system integrations. Governance changes introduced a standardized tax asset taxonomy and data governance controls to support compliance and tax reporting requirements. The engagement aimed to enable future adoption of Lucasys tax and fixed-asset solutions and to improve operational efficiency across tax accounting processes. This implementation reads as a preparatory Enterprise Asset Management deployment focused on centralizing tax fixed-asset data for downstream tax technology phases.
Hope Utilities Utilities 720 $270M United States Lucasys Lucasys Fixed Assets Enterprise Asset Management 2024 Utegration In 2024, Hope Utilities implemented Lucasys Fixed Assets and Lucasys Tax as its Enterprise Asset Management solution. The Lucasys Fixed Assets deployment consolidated acquired fixed-asset records, some previously tracked in PowerTax and Excel, to standardize tax depreciation processes and improve readiness for multi-state regulatory reporting across Hope Utilities U.S. operating territories. The implementation configured Lucasys Fixed Assets to serve as the centralized fixed asset register with tax depreciation schedules, asset master management, capitalization and disposition workflows, and statutory reporting feeds. Subsequent expansion into deferred tax functionality was included as part of the engagement to extend tax accounting coverage beyond initial depreciation and reporting capabilities. Lucasys worked alongside implementation partner Utegration to integrate Finance4U Extended Asset Accounting on SAP S/4HANA, aligning asset master data and depreciation posting flows between Lucasys Fixed Assets and the SAP S/4HANA finance layer. The integration architecture emphasized synchronized asset valuation and tax posting handoffs, supporting coordinated financial close and regulatory reporting processes across systems. Operational ownership landed in Finance and Tax, with rollout focused on consolidating records from acquired entities and spreadsheet-based trackers into a single Enterprise Asset Management platform. Governance changes included standardized asset accounting workflows, centralized depreciation policy configuration, and a phased deployment across Hope Utilities U.S. territories, with the engagement completing in 2024 and follow-on work to enable deferred tax functionality.
Suez North America Utilities 3430 $1.1B United States Lucasys Lucasys Fixed Assets Enterprise Asset Management 2018 n/a In 2018, Suez North America implemented Lucasys Fixed Assets as a targeted Enterprise Asset Management solution to automate tax related fixed asset accounting across Suez North America & Subsidiaries Inc. The implementation was scoped to support the annual consolidated Form 1120 filing, reconcile deferred tax balances and resolve past deficiencies, and assist in monthly and quarterly tax provision closing activities. Lucasys Fixed Assets was configured to provide a centralized tax asset register and dual tax and book asset ledgers, with configurable depreciation schedules and tax basis adjustment capabilities consistent with Enterprise Asset Management functionality. Configuration emphasized automated depreciation calculations, disposals tracking, tax specific amortization, and generation of accounting entries to support tax provision workflows and deferred tax reconciliation. Operational coverage focused on corporate tax, tax accounting, and finance teams within Suez North America, with the system used specifically for consolidation related fixed asset and tax workflows at Suez North America & Subsidiaries Inc. Role based financial controls and access segmentation were applied to align responsibilities for reconciliation, review, and sign off during the monthly and quarterly close cycles. Governance and process changes formalized ownership of the fixed asset tax register, instituted recurring reconciliation cycles to address historical deficiencies, and embedded Lucasys Fixed Assets into the tax provision and Form 1120 review processes to automate current tax processes. The deployment narrative centers on configuring Enterprise Asset Management capabilities in Lucasys Fixed Assets to centralize tax asset data and standardize close and filing procedures.
Utilities 400 $50M United States Lucasys Lucasys Fixed Assets Enterprise Asset Management 2023 Utegration
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FAQ - APPS RUN THE WORLD Lucasys Fixed Assets Coverage

Lucasys Fixed Assets is a Enterprise Asset Management solution from Lucasys.

Companies worldwide use Lucasys Fixed Assets, from small firms to large enterprises across 21+ industries.

Organizations such as American Electric Power, Suez North America, Hope Utilities and Summit Utilities are recorded users of Lucasys Fixed Assets for Enterprise Asset Management.

Companies using Lucasys Fixed Assets are most concentrated in Utilities, with adoption spanning over 21 industries.

Companies using Lucasys Fixed Assets are most concentrated in United States, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of Lucasys Fixed Assets across Americas, EMEA, and APAC.

Companies using Lucasys Fixed Assets range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 50%, large organizations with 1,001-10,000 employees - 25%, and global enterprises with 10,000+ employees - 25%.

Customers of Lucasys Fixed Assets include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.

Contact APPS RUN THE WORLD to access the full verified Lucasys Fixed Assets customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Enterprise Asset Management.