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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 Lease Insight?

Lease Insight is an innovative lease management platform that streamlines adherence to ASC 842 and IFRS 16 standards. Created by experienced CFOs and CPAs with a focus on these regulations, it boasts impressive efficiency and is utilized in 113 countries by over 117,000 users across 4,500 diverse companies. Remarkably, every client is a repeat customer, highlighting its value in the market. ☑ CFOs will benefit from advanced simulation and reporting tools to enhance their debt management strategies across a variety of scenarios. ☑ CPAs will find its productivity-boosting features invaluable for effectively managing and organizing their accounting practices. ☑ Auditors will appreciate its dependable reliability, comprehensive traceability, and robust document management system that ensures compliance. ☑ The intuitive interface and support for multiple currencies make it user-friendly for all stakeholders involved. Additionally, the Lease Insight team is committed to guiding you throughout the process, ensuring that you achieve your goals efficiently and effectively. With their assistance, you can fully leverage the system's capabilities to meet your leasing needs.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

Oracle Hyperion
QuickBooks Online
SAP Financials
Sage Intacct

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Contact for a custom quote

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Linux

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
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

kShuttle Corporation

Company Location

United States

Company Website

www.myasc842.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
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Portfolio Management

Lease Management

Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management

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