Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Visual Lease Reviews & Ratings
    446 Ratings
    Company Website
  • LeaseAccounting.app Reviews & Ratings
    Company Website
  • Portfolio Manager Reviews & Ratings
    3 Ratings
    Company Website
  • ZenTreasury Reviews & Ratings
    9 Ratings
    Company Website
  • 6Storage Reviews & Ratings
    130 Ratings
    Company Website
  • Buildium Reviews & Ratings
    2,546 Ratings
    Company Website
  • Xero Reviews & Ratings
    5,952 Ratings
    Company Website
  • TurboTenant Reviews & Ratings
    854 Ratings
    Company Website
  • Sage Intacct Reviews & Ratings
    8,776 Ratings
    Company Website
  • Fixed Asset Pro Reviews & Ratings
    215 Ratings
    Company Website

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 IRIS Lease Accounting?

Seamlessly attain compliance with IFRS 16 and ASC 842 standards through IRIS Lease Accounting. This cutting-edge solution empowers organizations to streamline their compliance procedures in line with contemporary lease accounting regulations, optimize leasing operations, align strategies across different departments, and improve overall leasing outcomes. IRIS Lease Accounting serves as a dependable resource that simplifies the process of adhering to both IFRS 16 and ASC 842. Professionals in the finance sector, including those in publicly listed companies and government entities, rely on IRIS Innervision to transform their leasing processes, integrate their data efficiently, and automate compliance with lease accounting standards. By moving away from cumbersome spreadsheets, organizations can readily fulfill the latest lease accounting mandates, ensuring sustained compliance year after year while also acquiring critical insights into their leasing practices. This approach not only enhances operational efficiency but also supports informed decision-making regarding lease management.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

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
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

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

IRIS Software Group

Date Founded

1978

Company Location

United Kingdom

Company Website

www.iris.co.uk/products/iris-innervision/lease-accounting-software/

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

Not specified

Lease Management

Lease Classification
Portfolio Management

Popular Alternatives

MRI ProCalc Reviews & Ratings

MRI ProCalc

MRI Software

Popular Alternatives

Black Owl Reviews & Ratings

Black Owl

Black Owl Systems
iLeasePro Reviews & Ratings

iLeasePro

iLease Management LLC
MRI ProLease Reviews & Ratings

MRI ProLease

MRI Software