#1 most frequent
United States of America
86.9%219 installations of 252
What is PowerPlan?
PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.
Categories & Use Cases
Videos
Who Buys & Uses PowerPlan
#2 most frequent
Canada
5.6%14 installations of 252
#3 most frequent
United Kingdom of Great Britain and Northern Ireland
2.4%6 installations of 252
PowerPlan as a Utility Fixed Asset Solution
Pros
- Allow the use of retirement units for unitization out of the box.
- Align with Ferc Account and Reporting Standards
- Provide Dashboards that can be configured for different users or groups
- Functions well in a Project Centric Accounting Environment.
Cons
- The backend technology is dated and requires specialized skills or PowerPlan assistance to develop on.
- UI is also outdated and not as visually appealing as users are now accustomed to.
- Reporting is basic in functionality and appearance.
Return on Investment
- Better Fixed Asset Reporting to Provide to Rate Commissions.
- Allowed us to embark on a major Unitization initiative and re-design of our retirement catalog.
- Focus the Support team on other technologies due to the stable nature and good vendor support.
Alternatives Considered
Oracle Financials
Other Software Used
Oracle Financials, Oracle eBusiness Suite, Oracle Application Express, Oracle Database, Red Hat Enterprise Linux (RHEL)