We live in a world of mobile communications. Booming demand for mobile technology is driving telecommunications and cable companies to upgrade and expand their infrastructures. This brings a host of new challenges, from the need to optimize the value of assets across multiple local and state jurisdictions, to planning and budgeting for future assets and optimizing the assets plans they have today.
Decision makers struggle to get an accurate picture of how assets are performing, especially when mergers and acquisitions occur or when developing their overall tax strategy. They need the clarity to drive their long term and short term decisions. Fortunately, there is a solution that will help resolve these issues.
Today, leading telecom companies count on PowerPlan to layer compliance requirement with granular financial information to make better strategic decisions. Whether it’s developing new tax strategies, optimizing asset locations or balancing all the requested asset investments PowerPlan helps. All without significantly increasing IT budgets or resources.
With assets scattered across the country, telecom companies need to know exactly how they are affected by local, state and national tax laws. By storing detailed tax information tied to each asset and location, PowerPlan gives you the insights you need to develop the optimal tax strategy. Even better we commit to updating the software when there are regulatory changes, ensuring the company’s continued compliance with tax laws.
Stricter regulations require more diligent tracking of assets and costs. PowerPlan provides a complete view of your assets, giving you the accurate information and control you need to align with rules such as regional jurisdictions, and the FASB lease standards.
Asset planners need to be able to justify their plans to internal and external stakeholders. PowerPlan captures and documents the business cases for both asset-based and needs-based projects, so you can develop defensible plans that optimize capital investments and meet the demands of all stakeholders.
The more assets your company has in different jurisdictions, the more ways PowerPlan can help you make sense of it all. By enabling you to drill down to a granular level of detail, you can see exactly how asset performance in each location is affecting your overall financial picture.