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ease
features
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What is PowerPlan?

PowerPlan's Lease Accounting Solution Suite empowers organizations to develop their optimal approach for adhering to ASC 842 and IFRS 16 lease accounting standards. This all-encompassing solution supports a range of accounting frameworks, including GAAP, IFRS, and FERC. Users can leverage scenario analysis within the software to evaluate various adoption strategies and refine their methodologies for implementing the new lease accounting regulations. It adeptly manages a diverse set of capital and operating leases, spanning equipment, real estate, and power purchase agreements. The suite effectively reduces audit risks by automating previously manual tasks, thus improving the precision of billing, reporting, and documentation. Moreover, features such as integrated invoice generation enhance collaboration with billing departments, resulting in better traceability and recognition of receivables. It also automates lease calculations across a wide range of complexities, addressing simple to more complex scenarios that involve variable rates and changing lease terms. Ultimately, this comprehensive solution not only streamlines compliance but also significantly boosts operational efficiency for companies facing the intricacies of lease accounting, allowing them to focus on their core business activities. By providing these essential tools, PowerPlan enables organizations to navigate the evolving landscape of lease management with greater ease and confidence.

What is Yardi Corporate Lease Manager?

Corporate Lease Manager significantly improves operational efficiency, maintains compliance, and reduces risk through a comprehensive lease management solution that centralizes all lease-related data and functionalities. This sophisticated platform optimizes deal management workflows, incorporates a variety of lease management tools, and complies with FASB/IFRS lease accounting standards, all within a unified system. With a strong emphasis on lease accounting, Yardi has gained the confidence of over 5,000 leading real estate companies, providing tailored insights and expertise specific to corporate occupiers. Built on a premier real estate accounting framework, Corporate Lease Manager allows organizations to fulfill FASB ASC 842/IFRS 16 reporting obligations, accurately compute present value and amortization schedules, generate payable invoices and journal entries, and manage payments efficiently through a single interface. The software features a sleek and user-friendly experience, outfitted with powerful tools for overseeing your entire lease portfolio, which includes both real estate and equipment leases for efficient management from inception to conclusion. By integrating these functionalities, Corporate Lease Manager not only streamlines lease management but also boosts overall productivity across the organization, ensuring that teams can focus their efforts on strategic initiatives rather than administrative burdens. Furthermore, this solution empowers businesses to make informed decisions based on real-time data and analytics, ultimately driving better financial outcomes.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

CheckpointID
EZ Screen
Microsoft Excel
Peek
RentTrack
SuiteSpot
VendorTrl
itamlink

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PowerPlan

Date Founded

1994

Company Location

United States

Company Website

powerplan.com

Company Facts

Organization Name

Yardi Systems

Date Founded

1982

Company Location

United States

Company Website

www.yardi.com

Categories and Features

Decision Support

Not specified

Lease Accounting

Asset Management
Billing & Invoicing
Budgeting & Forecasting
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Portfolio Management
Property Management
Retail Leases

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