TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    PowerPlan

    Score7 out of 10
    N/APowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.N/A
    Pricing
    PowerPlan
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    PowerPlan
    Free Trial
    No
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    No
    Entry-level Setup FeeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    PowerPlan
    Considered Both Products
    PowerPlan
    Chose PowerPlan
    Oracle Financials (E-Business Suite) is a very Robust ERP solution that has better integration, reporting and functionality than PowerPlan. It also operates on a more Robust Technology Stack. The Fixed Assets Module is a great solution but lacks support for Utility Specific …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    Best Alternatives
    PowerPlan
    Small Businesses
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternatives
    User Ratings
    PowerPlan
    Likelihood to Recommend
    5.0
    (1 ratings)
    User Testimonials
    PowerPlan
    Likelihood to Recommend
    PowerPlan
    [PowerPlan is well suited for] Any Utility who handles their own Fixed Asset Accounting and Reporting. There are very few specialized solutions in this space that can handle this out of the box. Core functionality and support with PowerPlan are excellent. If you have a firm or service that handles a portion or the majority of your Fixed Asset Accounting and Reporting than this solution is overkill and costly for what you need. There may be other options also if you have a robust internal technology team that is comfortable developing another major fixed asset solution into what you need. Cloud Hosting is also not available at this time and will likely be several releases out and be a major redesign (unstable) at first.
    Incentivized
    Read full review
    Pros
    PowerPlan
    • Allow the use of retirement units for unitization out of the box.
    • Align with Ferc Account and Reporting Standards
    • Provide Dashboards that can be configured for different users or groups
    • Functions well in a Project Centric Accounting Environment.
    Incentivized
    Read full review
    Cons
    PowerPlan
    • The backend technology is dated and requires specialized skills or PowerPlan assistance to develop on.
    • UI is also outdated and not as visually appealing as users are now accustomed to.
    • Reporting is basic in functionality and appearance.
    Incentivized
    Read full review
    Alternatives Considered
    PowerPlan
    Oracle Financials (E-Business Suite) is a very Robust ERP solution that has better integration, reporting and functionality than PowerPlan. It also operates on a more Robust Technology Stack. The Fixed Assets Module is a great solution but lacks support for Utility Specific features and functionality, so much so that we chose PowerPlan to take over this specific functionality while still utilizing Oracle for the Majority of our Project and other Accounting Functions.
    Incentivized
    Read full review
    Return on Investment
    PowerPlan
    • Better Fixed Asset Reporting to Provide to Rate Commissions.
    • Allowed us to embark on a major Unitization initiative and re-design of our retirement catalog.
    • Focus the Support team on other technologies due to the stable nature and good vendor support.
    Incentivized
    Read full review
    ScreenShots