Budgeting & Forecasting
Unify Capital and Operating Budgets in a Single System
Align boards, management and departments with insights from capital and operating budget integration automation and eliminating manual reconciliation between plans and portfolio forecasts.
Confidence in Your Capital Budgeting and Forecasting
When your organization’s business is constructing, installing, and operating infrastructure, the estimation and management of capital investment plans is a core business process that relies on transparency and data models that align with industry practice and requirements.
PowerPlan allows organizations to estimate and track costs at the level needed to drive valued decision making while incorporating complex overhead loading and allocations. Automated reforecasting tools accelerate budget management and informed spending allocation decisions. Regulated organizations benefit from out-of-the box modeling of Allowance for Funds Used During Construction, in-service estimates for closing to Property, Plant and Equipment, and allocations between install and removal.
200+ Asset Intensive Customers Trust PowerPlan
Link Operations to Accounting and Evolve Your Budgeting Function
Budget Management
Manage all your capital projects in a single system to evolve your budget management capabilities. From project ideation through budget and funding approval, the system tracks and maintains all project revisions. Budget versioning enables tracking of board-approved budget against working versions and supports reforecasts throughout the fiscal period.
Project Portfolio Planning
Leverage project justifications and scoring to drive informed project prioritizations according to funding levels. Enterprise software capabilities enable workflows and role-based security to meet your organizational governance framework.
Actuals Alignment
Capital project budgeting that aligns directly with your work order and project cost management systems to ensure applicable comparisons and more efficient budget management throughout the fiscal period.
Variance & Driver Analysis
Direct linkage with actuals allows for informed analysis of your budget variances and the variables driving the variances. Drill down and variance analysis lets your analysts focus on value added work and not data management.
PP&E Forecasting
Budgeting and forecasting how capital spend will close to Plant-In-Service and begin depreciation drives important tax planning and strategic financial decisions. For rate-regulated organizations these forecasts also informs rate case planning or revenue through other recovery mechanisms.
Transparency
Core enterprise solution capabilities includes role-based security and audit functionality to enable change tracking and improved transparency for all stakeholders. Budget and project version tracking facilitates easy comparisons across time.
We’ve Helped Customers Achieve Powerful Results
