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PowerPlan continues to innovate current solutions to solve ahead of future regulatory challenges

PowerPlan’s latest version, 2021.2, is generally available

ATLANTA – (November 18, 2021) – PowerPlan, Inc. today announces their latest release, version 2021.2, which includes enhancements across our product suites.

“PowerPlan’s Product Management team continues to deliver on our promise to create new versions of our classic solutions on a predictable cadence as well as innovate new products,” said Suzanne Ward, Senior Vice President of Product Management. “I am thankful to our internal team as well as our customers, who continue to provide valuable feedback and insight to create our solutions.”

Today’s 2021.2 release continues to evolve through customer-driven product innovation. Each suite offers users enhanced capabilities and new features. Below are just a few of the new enhancements:

  • Income Tax: For expedited tax repairs recognition, a new option for customers using the blended method for Tax Repairs was created, and it automatically true-ups future years based on plant-in-service activity. Additionally, a new workspace for the quick creation of M-items in Provision reduces the amount of time needed and potential for errors.
  • Lease: To allow for the update of accounting and non-accounting changes without requiring a schedule build, a new revision flag was created reducing the amount of time needed to segment updates.
  • Fixed Asset Accounting: With the rise of Agile software projects and the need with large construction projects in mind, multi-phase projects can now be tracked within PowerPlan as a single project from an operational standpoint with the ability to allocate in-service dollars at an individual phase level.
  • Budgeting: To expand the ability of users to estimate at a Work Order level of detail, a new tool for uploading new or existing work order estimates to funding project estimate revisions was created for more accurate forecasting.

For more details, current PowerPlan customers can watch on-demand demos focused on each suite, as well as new products, from PowerPlan’s PULSE event via Social Power at communities.powerplan.com. If you are a new customer seeking more information, please reach out to us at info@powerplan.com.

About PowerPlan: For more than 25 years, PowerPlan has helped North American energy companies make the right financial decisions which improve lives and powers the world. Through our industry-leading expertise, innovative technology and vast experience listening to and working in tandem with our customers, PowerPlan software sets the standard that CFOs can count on for financial clarity for energy organizations of all sizes. For more information, email info@powerplan.com or visit www.powerplan.com.  

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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