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Overview

What is PowerPlan?

PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.

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Recent Reviews
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Pricing

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What is PowerPlan?

PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is PowerPlan?

PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.

PowerPlan Video

Three Minute Overview on PowerPlan Features & Functionality

PowerPlan Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(3)

Reviews

(1-1 of 1)
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Ryan Payne | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Incentivized
PowerPlan our primary fixed asset management system. It is used by our Fixed Assets, Unitization and Project Accounting groups along with a small group of Auditors. PowerPlan offers Utility Specific functionality to accommodate the unique process the industry requires for managing Assets, Depreciation and Unitization. It is a niche market which many solutions cannot support or require significant customization or advanced configuration to handle.
  • 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.
  • 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  • UI is also outdated and not as visually appealing as users are now accustomed to.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.
[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.
Budgeting, Planning, and Forecasting
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Consolidation and Close
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Financial Reporting and Compliance
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Analytics and Reporting
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Integration
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BI Standard Reporting
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Ad-hoc Reporting
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Report Output and Scheduling
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Data Discovery and Visualization
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Access Control and Security
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Mobile Capabilities
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  • 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.
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.
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