Audience

Companies looking for a Lease Accounting solution to support FASB and IASB standards

About PowerPlan

PowerPlan’s Lease Accounting Solution Suite helps companies determine their optimal adoption strategy for the ASC 842 and IFRS 16 lease accounting standards. The solution is also compatible with multiple accounting treatments, including GAAP, IFRS and FERC. Use scenario analysis in the solution to analyze different adoption scenarios and determine your strategy for adopting the new lease accounting standards. Manage all capital and operating leases, including equipment, real estate and purchase power agreements. Reduce audit risk by eliminating manual tasks, ensuring accurate billing, reporting and documentation. Time-saving solutions like integrated invoice creation with billing departments provide better traceability and recognition of receivables. Automate the full range of lease calculations, from simplistic to the most complex, including variable rate and dynamic lease calculations.

Integrations

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Company Information

PowerPlan
Founded: 1994
United States
powerplan.com

Videos and Screen Captures

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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
Support
Phone Support
Online

PowerPlan Frequently Asked Questions

Q: What kinds of users and organization types does PowerPlan work with?
Q: What languages does PowerPlan support in their product?
Q: What kind of support options does PowerPlan offer?
Q: What type of training does PowerPlan provide?

PowerPlan Product Features

Decision Support

Data Analysis Not Supported
Rules-Based Workflow Not Supported
Budgeting & Forecasting Not Supported
Performance Metrics Not Supported
Sensitivity Analysis Not Supported
Thematic Mapping Not Supported
Monte Carlo Simulation Not Supported
Decision Tree Analysis Not Supported
Version Control Not Supported
Application Development Not Supported

Fixed Asset Management

Audit Trail Not Supported
Tax Management Not Supported
Disposal Management Not Supported
Depreciation Management Not Supported
Document Management Not Supported
Inventory Tracking Not Supported
Asset Budgeting Not Supported
Barcoding / RFID Not Supported
Asset Lifecycle Management Not Supported

Lease Accounting

Asset Management Supported
Billing & Invoicing Supported
Budgeting & Forecasting Supported
Expense Tracking Supported
For Equipment Leases Supported
For Real Estate Supported
Payment Tracking Supported
Amortization Schedule Not Supported
Capitalization Reporting Not Supported
Critical Date Alerts Not Supported
Portfolio Management Not Supported
Tax Management Not Supported