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PowerPlan is a cloud-based and on-premise lease accounting suite designed to help businesses across various industry verticals, such as manufacturing, healthcare, retail, mining and more manage the entire accounting lifecycle of operating and capital leases. Key features include asset management, budgeting/forecasting, expense tracking and invoicing.
Teams using PowerPlan can utilize lease-inventory templates to collect information from multiple business units and format data for automated validation and conversion. The system uses scenario analysis to examine different adoption scenarios and determine suitable strategies in compliance with lease accounting standards. Additionally, the platform allows organizations to generate standard reports even using...
1 Reviews of PowerPlan
4.00 / 5 stars
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Company Size: 10,000+ employees
Time Used: Less than 12 months
Review Source: Capterra
Value for money
Very good Lease Accounting Software
Overall I had a pleasant experience with using PowerPlan. Our team found the software easy to use and easy to learn. Although we faced some minor issues with the consultants not being very knowledge of the software. we were able to push through and have a smooth transition.
PowerPlan gave our team many options to index our data into the software. It was very easy to create a bridge with Excel to configure our data into data that PowerPlan could understand and transfer it into the system. As a user the user manual was very easy to follow and the training was extremely concise. Our teams were able to be up and running in the system in a short amount of time. We had very little issues with the implementation as well as the transfer of our data from 4 different systems.
We experienced some system slow downs when using the software and the PowerPlan consultants were not very helpful with issues we faced. Many issues we had to either help them resolve or resolve our self.
Reasons for Choosing PowerPlan
We chose PowerPlan because we had the ability to customize the software more to our needs than others.