Promoter

Promoter, developed by Project Planning and Management Ltd (PPM), is a project finance software tool designed to evaluate and appraise projects in various industries. According to the vendor, Promoter predicts cash flows, assesses project viability, and calculates key financial criteria such as Internal Rate of Return (IRR) and Net Present Value (NPV). The software caters to businesses of different sizes, from large organizations to smaller firms, and is suitable for project financing, venture capital, and corporate finance projects. It is commonly used by business analysts, project managers, financial analysts, and consultants in industries including oil, gas, petrochemical, power, pulp and paper, transportation, infrastructure, and related sectors.

Key Features

Functional Currency: According to the vendor, Promoter allows users to specify the currency in which the company accounts are prepared and automatically handles currency conversions and exchange rate adjustments for accurate financial calculations.

Bank Accounts: Promoter includes an escrow account and an operating account with customizable currency and target balances, along with the ability to earn interest on the escrow account.

Cash Waterfall: The vendor claims that this feature determines the disbursement of funds from the escrow account based on predefined rules, providing flexibility in adjusting cash disbursements to meet changing project requirements.

Dividend Policy / Cash Traps: Users can set dividend policies that restrict the payment of dividends based on various criteria, according to the vendor. This ensures compliance with dividend restrictions imposed by lenders or other stakeholders.

Legal Structures: Promoter supports a range of legal configurations, including corporations, partnerships, and joint ventures, and handles specific structures in the oil and gas industry, such as service agreements and gas-to-liquids projects, according to the vendor.

Loans: According to the vendor, this feature provides flexibility in setting construction and operating phase loans with different drawdowns and repayments, including export credits, commercial loans, and bonds. Promoter also supports sinking funds linked to loan amounts or maintenance figures.

Sinking Funds: The vendor states that Promoter allows users to set up sinking funds as a precondition for loans, specifying the currency and target balance for each sinking fund to ensure proper allocation of funds.

Units of Measurement: Users can input and display data in various weight, volumetric, and other units, with automatic conversion and limit checks for accuracy, according to the vendor.

Interactive Input: Promoter offers a user-friendly interface with tabbed dialog boxes for easy data input, guiding users through key input data and ensuring figures are within predetermined limits, according to the vendor.

Parametric Cost Estimate: The vendor claims that this feature incorporates a parametric capital cost estimate for optimizing plant capacity in the early planning phases, assisting users in making informed decisions about project feasibility and optimization.