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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 Flex?

Bid farewell to antiquated spreadsheets and difficult calculators. Introducing Flex, a web-based leasing calculator that combines flexibility, reliability, accuracy, and ease of use into a single, comprehensive solution. With Flex, lenders, brokers, and dealers can secure consistent, precise, and compliant pricing and quotes for a diverse array of both standard and complex deals. This innovative tool offers seamless API integration, facilitating swift deployment that boosts efficiency, scalability, and accuracy for both your organization and its clients. Flex simplifies the entire leasing contract workflow, merging rates, initial pricing, adjustments, and final calculations into one effective platform. It is crafted to provide flexibility for internal users while remaining intuitive and visually engaging for customers and partners alike. Moreover, it caters to an extensive range of financial calculations for finance leases, operating leases, hire-purchase agreements, and loans, featuring capabilities for intricate repayments, commissions, early settlements, and refinancing with remarkable accuracy. By using Flex, you not only improve operational performance but also significantly enhance the overall user experience, making it an indispensable asset for contemporary leasing requirements. This tool is set to revolutionize how you approach leasing, ensuring that you remain competitive and efficient in a rapidly evolving market.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

Property Tax Plus

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$350 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

Appex Now

Company Location

United States

Company Website

www.appexnow.com/market-place/product/Flex

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Lease Accounting

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

Categories and Features

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