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PowerPlan Fixed Asset Suite Review

PowerPlan Fixed Asset Suite
Our score: 8.7 User satisfaction: 100%

What is PowerPlan Fixed Asset Suite?

PowerPlan Fixed Asset Suite is a management system for tracking and optimizing data related to created and retired fixed assets. The technology is designed to help improve the information in any enterprise resource planning (ERP) or enterprise asset management (EAM) system.

The integrated platform of PowerPlan Fixed Asset Suite has solutions for automating specialized accounting activities. These include processes associated with creations, approvals and calculations that once rolled out can help users eliminate errors, reduce operating costs, and enhance cash flow.

PowerPlan Fixed Asset Suite allows organizations of all sizes to oversee asset data more effectively. Timely notifications simplify the process, as it alerts project managers and accounting teams upon the finalization of a project and creation of assets.

Overview of PowerPlan Fixed Asset Suite Benefits

PowerPlan Fixed Assets Suite integrates seamlessly with users’ existing accounting systems to deliver comprehensive capabilities that streamline processes for month-end closing. Automated asset accounting reduces workflows and helps save on labor costs. Users can also avoid errors in key activities, including asset creation, depreciation analysis, calculation of interest and overhead, forecasting, retirement processes and others. Complete asset accounting documentation provides a reliable audit trail to support deductions, while a continuing property ledger (CPR) supports all types of location and property structures.

With PowerPlan Fixed Assets Suite, users can save time as the system automatically calculates book depreciation via different methodologies. This is all while maintaining balances for GAAP, IFRS and regulatory jurisdictions.

The PowerPlan Advanced Project Accounting module reduces reliance on manual procedure in order to cut down the time needed to execute action plans, but without compromising data accuracy. This helps produce better returns on projects of all types and sizes.

Integration with acounts receivable streamlines the flow of data from assets to accounting, while bills are integrated from initial creation, monitoring, and resolution. Refundable contracts to a third party are facilitated effectively – from setup and calculation, monitoring, review, and reporting. Reimbursable processing includes setup, calculation, tracking, billing and reporting of reimbursable projects or work orders. Organizations can get more work done as PowerPlan Fixed Asset Suite accommodates all types of contracts and projects, with individual specifications for calculation, review, limits, frequency and deposits. Project managers are notified via alerts when projects close and assets are automatically generated.

PowerPlan’s Depreciation Studies features deliver a wide array of industry standard statistical tools for forecasting asset service lives, salvage and removal costs. Users can calculate annual depreciation accrual rates and identify reserve adequacy.

Overview of PowerPlan Fixed Asset Suite Features

  • Integrates with existing ERP, EAM and other financial systems
  • Automated asset accounting
  • Full documentation of all asset accounting data
  • Continuing property ledger (CPR)
  • Book depreciation calculation
  • Reimbursable processing
  • Flexible structure that accommodates all contract and project types
  • Timely notifications for project managers
  • Depreciation Management
  • Intuitive configuration tools

PowerPlan Fixed Asset Suite Position In Our Categories

Because businesses have special business-related wants, it is only logical they abstain from settling on a one-size-fits-all, ”best” business application. Having said that, it would be hard to come across such application even among recognizable software solutions.
The right step to do would be to set down the several chief functions that necessitate examination like important features, pricing, skill aptitude of the employees, company size, etc. Then, you should do your product research to a full extent. Go over some PowerPlan Fixed Asset Suite evaluations and look into each of the software products in your list in detail. Such well-rounded research ascertains you drop unsuitable software products and buy the one that meets all the tools you require business requires.

Position of PowerPlan Fixed Asset Suite in our main categories:

TOP 20

PowerPlan Fixed Asset Suite is one of the top 20 Fixed Asset Management Software products

If you are considering PowerPlan Fixed Asset Suite it could also be a good idea to examine other subcategories of Fixed Asset Management Software collected in our database of B2B software reviews.

Every business has its own characteristics, and may call for a special Fixed Asset Management Software solution that will be adjusted to their business size, type of customers and staff and even particular niche they cater to. We advise you don't count on finding a perfect software that is going to work for every business no matter what their background is. It may be a good idea to read a few PowerPlan Fixed Asset Suite Fixed Asset Management Software reviews first and even then you should keep in mind what the service is supposed to do for your company and your staff. Do you require a simple and straightforward solution with just basic features? Will you actually make use of the advanced functionalities required by pros and large enterprises? Are there any particular tools that are especially beneficial for the industry you operate in? If you ask yourself these questions it will be much easier to find a reliable app that will fit your budget.

How Much Does PowerPlan Fixed Asset Suite Cost?

PowerPlan Fixed Asset Suite Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Details on SMB and enterprise pricing for PowerPlan Fixed Asset Suite are not publicly available. Interested buyers may contact a sales representative to request for a customized quotation.

User Satisfaction

Positive Social Media Mentions 1
Negative Social Media Mentions 0

We realize that when you make a decision to buy Fixed Asset Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and PowerPlan Fixed Asset Suite reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with PowerPlan Fixed Asset Suite. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are PowerPlan Fixed Asset Suite pricing details?

PowerPlan Fixed Asset Suite Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Details on SMB and enterprise pricing for PowerPlan Fixed Asset Suite are not publicly available. Interested buyers may contact a sales representative to request for a customized quotation.

What integrations are available for PowerPlan Fixed Asset Suite?

PowerPlan Fixed Asset Suite integrates with top ERP, EAM and other financial systems. However, details about the specific partner programs are not publicly available.

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Reviewed By Nestor Gilbert
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