On July 4, 2025, President Trump signed into law the highly anticipated One Big Beautiful Bill (OBBB), bringing sweeping changes to tax law and major updates to depreciation and business interest expense provisions. As tax and finance teams across the country begin digesting these new requirements, one thing is clear: the ability to adapt quickly is more important than ever.
Read MoreWe’re excited to share that Lucasys has successfully completed its SOC 1 Type II certification—a significant milestone that highlights our unwavering commitment to security, control, and financial accuracy for our customers. At Lucasys, we understand the responsibility that comes with delivering software and services that directly impact our customers’ financial reporting.
Read MoreWe’re excited to announce that Lucasys’ suite of tax applications is now available on the SAP® Store! This milestone follows our recent partnership within the SAP® PartnerEdge® Open Ecosystem, reflecting our commitment to delivering innovative, purpose-built solutions for rate-regulated utilities and asset-intensive businesses.
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 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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