Lucasys, the leading tax software and service provider for energy and utilities, announces the release of its Tax Provision software solution. Purpose-built to provide an easy-to-use experience for ASC 740 compliance while also addressing the complex needs of the utility industry, this next-generation solution streamlines tax processes, enhances accuracy, and ensures compliance with unparalleled efficiency.
Read MoreAt Lucasys, we are deeply committed to serving North America’s utilities and energy companies, an industry that forms the backbone of modern life. The recent widespread power outage across Spain, Portugal, and parts of southern France on April 28, 2025, as reported by CNN, serves as a stark reminder of just how critical this sector is to communities, economies, and everyday existence.
Read MoreSignificant corporate changes like mergers, acquisitions, or asset purchases always bring uncertainty — but they also present a unique opportunity. For tax teams, M&A activity is often the perfect time — even an urgent imperative — to evaluate processes, systems, and overall readiness for the future.
Read MoreLucasys, the premier provider of cloud-based software and services for rate-regulated utilities, announces the successful renewal of its SOC 2 Type II certification. This milestone underscores Lucasys’ unwavering commitment to data security, operational excellence, and delivering trusted financial solutions to North America’s utility and energy sectors.
Read MoreConsistency is critical when managing large volumes of data, especially in tax and financial systems. Yet, many systems fall short when it comes to maintaining asset numbers across different cases or reports. When an asset is copied to a new case or scenario, the assignment of a new ID disrupts data continuity, making comparisons difficult and unnecessarily time-consuming.
Read MoreIn today’s fast-paced business environment, waiting for software to catch up to your work is more than just frustrating—it feels like stepping back into the last century. At Lucasys, we understand the importance of immediacy and efficiency, which is why we’ve made dynamic updating a mandatory feature in all our systems.
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