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1/23/2024
PowerPlan Welcomes Lee Watkins as Chief Strategy Officer
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10/26/2023
PowerPlan Presents Customer Awards at ELEVATE 2023 Annual User Conference
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10/18/2023
PowerPlan Launches Data Hub APIs for their Newest SaaS solution, Tax Fixed Assets
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8/28/2023
PowerPlan to Host Utilities From Across North America at October 2023 Technology User Conference
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1/03/2023
PowerPlan Launches Data Hub APIs
PowerPlan Launches Data Hub APIs to Give Energy Companies Flexibility and Control in Analyzing Their Data
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12/07/2022
PowerPlan Announces Launch of Tax Fixed Assets (TFA)
TFA is PowerPlan's next-generation income tax depreciation and deferred tax solution designed specifically for the demanding reporting requirements utility and energy companies face in meeting regulatory standards and in business planning.
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11/18/2021
PowerPlan continues to innovate current solutions to solve ahead of future regulatory challenges
PowerPlan, Inc. today announces their latest release, version 2021.2, which includes enhancements across our product suites.
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9/27/2021
PowerPlan Maintains SOC 1 and SOC 2 Compliance
PowerPlan, Inc. announces its sixth successful completion of SOC 1 Type II and SOC 2 Type II audits.
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5/18/2021
PowerPlan continues to innovate financial solutions for the unique requirements of the energy industry
PowerPlan, Inc. today announces the availability of version 2021.1, developed to address the unique needs of the energy industry ahead of tax reform. This release also includes enhanced lease reporting options and updates improving the enablement of RPAs for fixed asset accounting.
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4/21/2021
New product for energy companies automates critical accounting and IT tasks with full audit trail
Announcing our newest SaaS solution, Workflow Process Automation, which automates repeatable tasks critical for accounting and IT teams in the energy industry and provides transparency for Sarbanes-Oxley auditability.
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12/17/2019
Registration for PowerPlan’s User Conference, ELEVATE 2020, is Now Open
Registration for ELEVATE 2020, being held on Nov. 15-18, 2020, at the Marriott Marquis San Diego Marina, is now open for PowerPlan customers.
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12/10/2019
Utility Leaders Expected to Take Capital Investment to the Next Level in 2020
As finance leaders and capital planners look ahead to the next decade, utilities must proactively plan future investments, while balancing competing priorities, reducing risk and maximizing ROI.
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11/20/2019
Free Resources from Water Asset Management Online Conference
The Fall 2019 Series One of the Water Asset Management Conference focused on how water utility leaders can confidently manage their assets in a digital world.
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10/30/2019
Seminole Electric Cooperative Selects PowerPlan Leading Utility Solutions
Seminole Electric Cooperative has selected Powerplan’s Fixed Assets and Income Tax Suites for accounting, compliance and reporting on fixed assets.
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10/15/2019
Tax Cuts and Jobs Act Clarifications Require Adjustments by Financial Leaders, Impacting Financial Decisions
At the beginning of the year, there were already over 550 pages of clarifications around tax reform. As the end of the year approaches, proposed regulations continue to be clarified, also continuing to create stress for leaders of organizations of all sizes.
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10/02/2019
Financial Managers in the Public Sector Reconsider Infrastructure Preparedness as Hurricane Season Peaks
The recent devastation of the Bahamas and damage to the southeastern United States due to Hurricane Dorian has prompted finance managers in the public sector to evaluate their natural disaster preparedness plans to better support their constituents and proactively manage their infrastructure.
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9/25/2019
Private Companies Realize Opportunities for Improvement Beyond the Lease Accounting Standards
Since the Financial Accounting Standards Board voted unanimously to propose delayed adoption of the lease accounting standards for private companies, organizations now have a greater opportunity to go beyond compliance and improve operational efficiencies when implementing the new standards.
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8/06/2019
PowerPlan Achieves SOC 1 and SOC 2 Compliance
PowerPlan, Inc., a leading provider of strategic corporate performance management for asset-intensive companies, announces its second successful completion of SOC 1 Type II and SOC 2 Type II audits.
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7/16/2019
As Utilities Exceed Historic Levels of Capital Investment, Financial Leaders Look for Ways to Optimize Budgets, Mitigate Financial Risk
With capital spending and regulatory scrutiny above average for the utility industry, the office of the CFO must optimize spend and profitability now more than ever. Many regulated utilities have turned to automated solutions to justify their investment plans and align their future rate case strategies with their long-term capital plans.
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7/09/2019
CFOs Realize Tax Can Be Utilized For More Than Compliance
Finance leaders are always looking for ways to drive profits and increase shareholder return. What CFOs may not be considering is that they can leverage their organization’s deferred taxes to grow earnings.
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6/25/2019
PowerPlan Expands Leadership Team To Support Continued Company Growth
PowerPlan, Inc., a leading provider of strategic corporate performance management for asset-intensive companies, announced today the appointment of Brett Bertz as its Chief Customer Officer and John Budala as its Chief Information Officer.
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5/17/2019
Organizations Honored for Enhanced Operational Efficiencies, Improved Financial Performance and Reduced Audit Risk
PowerPlan, Inc., a leading provider of strategic performance management software for asset-intensive companies, is proud to announce the winners of its 2019 customer awards.
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5/09/2019
Eyes Are On Public Companies Modifying Lease Disclosure Processes Following Q1 Filing
Public companies complying with the FASB ASC 842 lease accounting standard have started to report their first disclosures for the fiscal year under the new model. Now, with all leases identified on the balance sheet, eyes are on accounting teams as they work to resolve unexpected reporting challenges and smooth out their process heading into the second fiscal quarter.
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5/07/2019
Leaders From Asset Intensive Organizations Anticipate Education of Industry Best Practices at ELEVATE 2019
Accounting, tax, and operations professionals from companies that provide infrastructure in North America, the UK, and parts of Australasia will gather in Atlanta, GA from May 14-17 for ELEVATE 2019.
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2/26/2019
Private Sector Organizations Face Hurdles as They Prepare for Compliance to New Lease Accounting Standards
Though private companies have nearly a year before they will be required to comply with the FASB/IASB lease standard, the challenges faced by publicly traded companies that recently complied should serve as a warning to start implementing the new standard sooner rather than later.
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1/15/2019
Auditors Express Concern that Spreadsheets Will Create Compliance Issues with the New Lease Accounting Standards
With the FASB and IASB lease accounting standard deadline already here for public companies and quickly approaching for private companies, many are finding that spreadsheets won’t fully support their compliance efforts.
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12/20/2018
New Software Features Empower Asset Managers to Optimize Asset Investments
PowerPlan, a leading provider of strategic corporate performance management for asset-intensive companies, has announced the release of Asset Investment Optimization version 7.0.
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10/29/2018
PowerPlan Names Software Veteran Joe Gomes as CEO
PowerPlan, Inc., a leading provider of strategic corporate performance management for asset-intensive companies, today announced the appointment of Joseph “Joe” V. Gomes as CEO of the company.
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10/16/2018
Strategic Tax Leaders are Preparing Now for Tax Reform 2.0
This year organizations adjusted their tax approach due to the passing of the Tax Cuts and Jobs Act. Strategic tax teams are continuing to prepare for another round of amendments with the potential for Tax Reform 2.0.
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10/09/2018
PowerPlan Appoints New Chief Financial Officer
PowerPlan, Inc., a leading provider of strategic corporate performance management for asset-intensive companies, today announced the appointment of Joost Rutten as Chief Financial Officer.
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10/04/2018
Australia and New Zealand Experience Increasing Demand for Asset Investment Optimization and Lease Accounting Software Solutions
Asset intensive organisations in Oceania have turned to software solutions to enable their investment planning, operations, accounting and tax teams to quickly meet new regulatory compliance standards and strategically plan for future regulatory changes.
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9/20/2018
Storms and Natural Disasters Create Millions in Recovery for Accounting Organizations
As tropical storms and destructive forest fires attack the United States, companies and government organizations are in a rush to allocate dollars for the recovery of infrastructure.
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9/13/2018
Tax Leaders Need to Prepare for the Impact of Tax Reform on Rate Cases
Tax leaders at rate regulated companies need to quickly address the impact of the recent changes caused by the Tax Cuts and Jobs Act passed in late 2017. One major decision is if they will pass on the tax savings to their ratepayers.
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8/09/2018
Organizations and Government Entities Optimize Return on Invested Capital with Asset Investment Optimization Solution
PowerPlan, a leader in asset investment optimization software, enables organizations to consider long-range investments based on risk, priority, and level-of-service using an objective-based methodology for maximum return.
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8/02/2018
Fortune 500 Companies Select Lease Accounting Software Solution for Compliance to New Standards
More than 25 companies ranked within the Fortune 500 space have selected PowerPlan for their lease accounting software solution as they prepare for IFRS 16 and ASC 842.
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7/26/2018
With Less Than 6 Months to Implement FASB and IASB Lease Accounting Standards, Organizations are under Pressure to Meet Guidelines
With less than 6 months to implement the FASB and IASB lease accounting standards, organizations are racing time to comply by January 1, 2019.
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7/17/2018
Greater Anglia Selects PowerPlan to Optimise Its Asset Investments
Greater Anglia, a UK-based train operating company, has selected PowerPlan’s Asset Investment Optimization software suite to maximise its asset investments over a 40-year time period.
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7/10/2018
Oil and Gas Corporations Turn to PowerPlan to Automate FASB and IASB New Lease Standards
Nine major oil and gas corporations have selected PowerPlan’s Lease Accounting solution this year as the deadline for compliance with IASB’s and FASB’s new standards quickly approaches.
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6/28/2018
PowerPlan Teams with BPD Zenith to Promote IBM Maximo and Asset Investment Optimization Integration
PowerPlan, a leading provider of asset investment optimization software, has announced a strategic partnership with BPD Zenith, one of the first-in-class global resellers of IBM’s Maximo product. Through the partnership, PowerPlan and BPD Zenith have demonstrated the benefits of a holistic approach to asset management, planning and optimization, and their integrated solutions across those disciplines.
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6/21/2018
Minimize the Impact of an Infrastructure Disaster with Integrated Asset Planning and Optimization
PowerPlan, a leader in asset investment optimization software, has released a new white paper titled, “Are you prepared to stop a large infrastructure disaster from also becoming a financial disaster?” The white paper highlights the impact of limited capital on infrastructure disaster relief, and offers solutions to minimize the impact with holistic asset plans.
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6/12/2018
CPA Journal Drives Companies to PowerPlan’s Lease Resource Center
The CPA Journal published an article providing free resources to help understand upcoming lease regulation changes.
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6/07/2018
PowerPlan Public Sector Clients Win Tereo Awards
The City of Calgary, Alberta and the City of Burlington, Ontario, users of PowerPlan’s Asset Investment Optimization Suite, won distinctive awards at the Canadian Network of Asset Managers (CNAM) Conference.
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6/04/2018
Roper Technologies Completes Acquisition Of PowerPlan
Roper Technologies, Inc. (NYSE: ROP), a diversified technology company, today announced that it has completed its previously announced acquisition of PowerPlan.
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5/31/2018
PowerPlan Announces Technology Partnership with LEVERTON to Accelerate Adoption of the New Lease Standards
PowerPlan, a leading provider of lease accounting software, has announced a strategic technology partnership with LEVERTON, the leading AI-based document and data abstraction platform. The partnership, which involves the product integration of PowerPlan and LEVERTON, allows users to streamline management of all leases, including the automatic extraction and structuring of data from lease asset documents.
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5/21/2018
PowerPlan To Be Acquired by Roper Technologies
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4/24/2018
PowerPlan Named Finalist for 2018 SAP® Pinnacle Award
PowerPlan is pleased to announce that SAP has recognized it as a finalist for an SAP® Pinnacle Award in the ISV Partner of the Year – Technology Innovation Award category. The annual SAP Pinnacle Awards acknowledge the contributions of leading SAP partners that have excelled in developing and growing their partnership with SAP and helping customers meet their goals.
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4/12/2018
Organizations Have Less than 200 Workdays to Adopt the New Lease Accounting Standards (ASC 842/IFRS 16)
PowerPlan, the leading provider of Lease Accounting software, is pleased to announce its Lease Accounting Readiness Checklist, which has helped organizations prepare for adoption with ASC 842/IFRS 16.
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4/04/2018
Strategic Tax Teams Prepare for the Impact of the New Lease Standards
While accounting departments are focusing on complying with the new lease standards (ASC 842/IFRS 16), tax departments also need to focus on the impacts of moving leases with terms greater than 12 months onto the balance sheet.
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2/13/2018
Strategic Companies Leverage PowerPlan to Maintain Compliance Throughout Tax Reform
PowerPlan helps companies maintain compliance during times of changing federal and state tax regulations.
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12/19/2017
PowerPlan Announces Strategic Partnership with EAMS Group
PowerPlan and EAMS Group, a global leader in the provision of enterprise asset and safety management services and solutions and digital transformation, announce their joint partnership.
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11/15/2017
Announcing 2017 Comet Award Winners
PowerPlan is proud to announce the 10 winners of its Comet Awards.
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11/07/2017
PowerPlan Announces Strategic Partnership with MACS EU
PowerPlan and MACS EU, one of Europe’s largest IBM Gold Business Partners for the Enterprise Asset Management solution IBM® Maximo®, announce their partnership.
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9/27/2017
Asset Management Planning Helps Municipalities Prioritize Projects to Replace Aging Infrastructure
With limited people resources and budget, municipalities of all sizes must prioritize aging infrastructure projects to improve their community’s overall health.
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8/23/2017
Companies Choose PowerPlan Lease Accounting Solution to Meet the FASB and IASB Lease Accounting Standards
PowerPlan, announces seven additional customers to their growing user base who are benefitting from PowerPlan’s Lease Accounting module, which ensures companies are fully compliant with the new FASB and IASB lease accounting standards.
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8/01/2017
PowerPlan Celebrates 16 Years Helping Customers Manage The Accounting of Their Lease Agreements
Companies leveraging PowerPlan’s Lease Accounting module benefit from an integrated solution that is fully compliant with the new FASB and IASB lease accounting standards.
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6/15/2017
PowerPlan to Build Adapter for SAP S/4HANA® to Address Customer Needs Today and Into the Future
PowerPlan will integrate and offer the PowerPlan Adapter for SAP S/4HANA®, a powerful, real-time integration solution based on the SAP HANA® platform.
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5/23/2017
PowerPlan to Provide Asset Management Software and Services to NZ National Grid
PowerPlan is pleased to announce that its Asset Management Planning Suite (AMP) will assist Transpower New Zealand as part of its ongoing effort to reduce costs while evolving its services.
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5/16/2017
ElectraNet Selects PowerPlan to Enhance its Asset Management Decision Making
PowerPlan is pleased to announce that South Australia-based electricity transmission specialist ElectraNet has selected and implemented PowerPlan’s ADS module as part of its strategy to better prioritize, optimize and improve the management of its asset portfolio investments.
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3/30/2017
Free Whitepaper on How the District of Columbia Identified and Addressed Gaps in its Funding for Capital Infrastructure
PowerPlan, the leading provider of asset investment planning software, announces a free whitepaper highlighting the District of Columbia.
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1/17/2017
VELCO turns to PowerPlan to Drive Cost Controls and Improved Forecasting with Compliance Best Practices
PowerPlan’s Suite helps utilities and public sector organizations of all sizes to improve financial operations
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12/15/2016
PowerPlan’s Latest Release Incorporates Customer Feedback for Updates to the New Lease Standards and Provision
PowerPlan, the leading compliance provider of regulatory, budgeting and tax solutions for asset-intensive organizations, announces its latest release, version 2016.1.
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8/09/2016
Nine Questions Property Accounting Managers and Financial Executives Should Be Asking About the New Lease Standards
PowerPlan, the leading provider of regulatory, budgeting and tax solutions for asset-intensive businesses, today shared a recent best practices document 9 Questions Property Accounting Managers and CFOs Should Ask Now regarding the new lease accounting standards.
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6/09/2016
PowerPlan Announces 2016 Comet Award Winners
Company Recognizes Long-standing Partnerships with Company and Individual Awards
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5/17/2016
El Paso Selects PowerPlan’s Patent Pending Regulatory Management Solution
To help maximize the company’s investment for their future
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2/08/2016
PowerPlan, Inc. Acquires Riva Modeling Systems Inc.
The acquisition expands PowerPlan’s suite with an integrated asset investment and management planning solution
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2/03/2016
Announcing PowerPlan 360 Cloud Services
PowerPlan, the leading provider of regulatory, tax and budgeting solutions for asset-centric businesses, today announces PowerPlan 360 managed services designed to help customers focus on running their business and not running their software.
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1/13/2016
PowerPlan Expands Solution for Rate Case Management with Collaboration Engine
New module allows regulated industries to reduce regulatory lag between rate case filing and decision
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9/28/2015
POWERPLAN MAKES INC. 5000 LIST FOR 3rd CONSECUTIVE YEAR
Atlanta-based asset-centric software firm repeats appearance on prestigious list
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9/02/2015
On-Demand Webinar on How Accounting Departments Can Prepare for Storms and Extraordinary Events
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8/12/2015
PowerPlan Brings Together Multiple Industry Leaders to Discuss Business Challenges and Solutions
Analytics, Managing a Multigenerational Changing Workforce and Industry Trends Discussed During Fourth Annual Event
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8/04/2015
PowerPlan Announces White Paper on Long-Term Service Agreements: Suggests Taking Advantage of Tangible Property Regulations
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6/25/2015
PowerPlan Names Energy Industry Veteran J. Charles Goodman as CEO
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6/17/2015
PowerPlan CFO honored as winner of CFO of the Year
Kent Kelley named winner for Medium Private Company Category
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5/21/2015
PowerPlan’s Spring Release Provides Additional Corporate Transparency and Helps Mitigate Financial Risk
New Solutions in Version 2015.1 include Month End Automation and Project Cost Management Analytics
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4/03/2015
Utilities Can Better Manage Property Tax Payments with GIS Data According to New Whitepaper
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3/17/2015
PowerPlan’s Adapter for SAP® Solutions 2014.2 Certified as Powered by SAP NetWeaver®
Solution Helps Automate the Capital Asset Lifecycle through Interoperability with SAP Solutions
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2/23/2015
Thoma Bravo Acquires PowerPlan
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2/04/2015
PowerPlan VP honored as winner of 2014 Women World Awards Innovative Women of the Year Award
Elizabeth Cowart is the Gold Winner for Information Technology Software
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1/06/2015
SourceGas Expands Their PowerPlan Solution with Capital Budgeting
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