G2

Verified User in Oil & Energy

Enterprise (> 1000 emp.)

11/14/2023

"Integrated lease accounting suite"

4.5/5

What do you like best about PowerPlan Lease Accounting?

1. Helpful for managing lease accounting for organizations across globe with international requirements.

2. Manages all capital and operating leases including real estate and purchase power agreements

3. Automated processes and simplified calculations including variable rate and dynamic lease calculations.

4. Time saving solutions like integrated invoice creation with billing departments which provides better traceability and recognition of receivables. Review collected by and hosted on G2.com.

What do you dislike about PowerPlan Lease Accounting?

1. No proper support from maintenance management

2. Multiple slow downs and there are few challenges on deploying the powerplan suite

3. Absence of lease origination, property management, document management features. Review collected by and hosted on G2.com.

What problems is PowerPlan Lease Accounting solving and how is that benefiting you?

It's utmost helpful in managing lease accounting for 16+ years in the industries like IT, energy and manufacturing in compliance with International Financial reporting standards.

Benefitted from Full lease lifecycle management perspective, with powerplan we are managing 1000+ leases seamlessly with proper accounting and traceability.

Reduced audit risk as powerplan eliminated multiple manual tasks and there is a proper reporting and documentation. Review collected by and hosted on G2.com.