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Frequently Asked Questions

Why use Diamant 4 if my ERP already has finance modules?

Many mid-market ERPs have functional finance modules that suffice for single-entity operations and straightforward Mittelstand bookkeeping. Diamant 4 makes operational sense when the customer needs deeper functional capability than the ERP's built-in finance provides — particularly multi-entity legal-entity consolidation, IFRS-HGB parallel accounting, structured controlling workflows or compliance with audit-friendly process flows. The trade-off is the integration overhead of running a separate finance system alongside the operational ERP, which has to be weighed against the functional benefit.

How does Diamant 4 compare with LucaNet?

Both are German finance-specialist products but they have different functional positioning. Diamant 4 is a full operational accounting system covering general ledger, AP, AR, fixed assets and cost accounting with DATEV connectivity — you can run your bookkeeping in Diamant. LucaNet is a consolidation-and-planning specialist that ingests data from operational accounting systems and adds the consolidation, planning and management-reporting layer on top. The two products are often used together: Diamant for operational bookkeeping in DACH legal entities, LucaNet for group consolidation and management reporting across the holding.

Is Diamant 4 a cloud product?

Cloud delivery is available as hosted private cloud (vendor or partner-managed). Strict multi-tenant cloud SaaS in the modern sense is not the primary deployment model. Diamant has invested in cloud-modernisation but the customer base remains primarily in hosted-private-cloud or on-premises operation. For DACH Mittelstand customers comfortable with that operational pattern, this is acceptable; for buyers requiring native multi-tenant cloud SaaS, the strict cloud-finance alternatives are different products.

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