PowerPlan as a Utility Fixed Asset Solution
Pros
- 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.
Cons
- 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- UI is also outdated and not as visually appealing as users are now accustomed to.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.
Return on Investment
- 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.
Alternatives Considered
Oracle Financials
Other Software Used
Oracle Financials, Oracle eBusiness Suite, Oracle Application Express, Oracle Database, Red Hat Enterprise Linux (RHEL)