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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 LTi ASPIRE?

ASPIRE is our comprehensive solution for equipment financing that aims to identify and address the specific challenges and constraints your organization encounters, while providing customized strategies to propel your business forward. With a strong foundation in the equipment finance industry, LTi has consistently demonstrated its ability to offer innovative leasing and lending solutions to companies worldwide. Our versatile platform is crafted to meet diverse business needs and workflows through specialized configurations. The integrated CRM feature enables efficient lead tracking and the management of sales territories and opportunities, enhancing your sales process. It also facilitates the creation of proposals, oversight of pipeline management, and provides extensive reporting functionalities to support decision-making. You can manage any type of lease or loan with a flexible framework, whether it involves fixed terms or revolving credit lines. Additional features such as termination clauses, real-time credit evaluations, eSignature integration, document management, midterm adjustments, and rollovers are also included. Furthermore, our system comes equipped with robust tools for portfolio and asset management, ensuring that your operations remain efficient. To maintain compliance, the platform includes features like automatic tax jurisdiction assignment and thorough UCC insurance tracking, along with improved security protocols for users and transactions. This comprehensive strategy not only optimizes your financial operations but also enhances the overall efficiency of your organization, ultimately contributing to its growth and success in a competitive marketplace.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

Cleo LMS
Constructor Proctor
Constructor Research
D&B Hoovers
Docusign
Dropbox
Equifax BusinessConnect
Experian Aperture Data Studio
FICO Application Fraud Manager
LearnBuilder
Microsoft Dynamics 365
OSG Performance Suite
PayNet Cloud
Vertex
Wolters Kluwer Transactional Law Suite
eOriginal SmartSign

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

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

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

LTi Technology Solutions

Date Founded

1989

Company Location

United States

Company Website

www.ltisolutions.com/aspire/

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

Asset Leasing

Not specified

Lease Accounting

Not specified

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