PowerPlan’s Asset Accounting suite is a flexible, robust solution for tracking all asset data from creation to retirement. By automating core and specialized accounting activities, PowerPlan helps companies reduce errors, lower operating costs and improve cash flow.
- ERP and EAM integration: PowerPlan fully integrates with a company’s existing ERP, EAM and other financial systems, helping reduce timeline for month-end close.
- Automated tracking: Key accounting activities, including asset creation, calculation of interest and overhead, retirement processes, etc., are automatically managed. This streamlines workflows and reduces data entry errors.
- Documentation: Because PowerPlan captures and stores all asset accounting data, companies have a robust audit trail to support deductions.
- Automated workflows: By removing manual tasks associated with creations, approvals, and calculations, PowerPlan reduces data entry errors and streamlines project activities.
- Project notifications: Project managers and accounting teams can set up alerts to stay on top of when projects close and assets are automatically created.
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