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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 MRI Horizon CRE?

Adopt a SaaS solution specifically designed for corporate real estate (CRE) occupiers, constructed around vital real estate processes. By utilizing advanced, industry-standard open technologies, you can remove barriers and limitations, ensuring effortless integration with both your corporate systems and external applications. Benefit from a top-tier software suite that provides extensive leasing, property, and facilities management features at your disposal. With built-in functionalities to address new lease accounting regulations, including FASB ASC 842, you can stay proactive in adapting to the evolving landscape. For those tasked with the oversight of real estate operations in their organizations, having flexible corporate real estate software is essential to navigate the multifaceted challenges of the role. These challenges encompass everything from maintaining the accuracy and efficiency of core lease, transaction, and facilities management processes to meeting the reporting and accounting standards, all while remaining agile to the shifts and trends that influence real estate management. In a world where real estate dynamics constantly change, having the right tools can significantly enhance your operational effectiveness and strategic decision-making.

Media

Media

Integrations Supported

Property Tax Plus

Integrations Supported

MRI Software

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

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

Company Facts

Organization Name

PowerPlan

Date Founded

1994

Company Location

United States

Company Website

powerplan.com

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/products/horizon-cre/

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

Not specified

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