Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
PowerPlan’s Lease Accounting Solution Suite enables organizations to formulate their ideal strategy for complying with both ASC 842 and IFRS 16 lease accounting regulations. This comprehensive solution accommodates various accounting frameworks, such as GAAP, IFRS, and FERC. By utilizing scenario analysis within the software, users can explore different adoption strategies and refine their approach to implementing the new lease accounting standards. It effectively manages a wide array of capital and operating leases, covering equipment, real estate, and purchase power agreements. The suite minimizes audit risks by automating tasks that previously required manual input, thereby enhancing the accuracy of billing, reporting, and documentation processes. Additionally, features like integrated invoice generation streamline operations with billing departments, improving the traceability and recognition of receivables. Furthermore, it automates lease calculations across a spectrum of complexities, ranging from simple to intricate scenarios, including those involving variable rates and dynamic lease terms. Ultimately, this solution not only simplifies compliance but also enhances operational efficiency for businesses navigating the complexities of lease accounting.
Description
Transform your budgeting process by replacing cumbersome and error-prone spreadsheets with Yardi Advanced Budgeting & Forecasting, a powerful tool that provides swift and precise budgets, tailored forecasts, and valuations all from one cohesive platform. You can create budgets based on model properties, allowing for easy modifications or deletions of units and records to align with your leasing assumptions. With the flexibility to update your assumptions in real-time and integrate ongoing deals through Yardi Deal Manager, you can streamline your financial planning. This solution enables automatic calculations of future cash flows while determining net present values (NPV) and internal rates of return (IRR) at both the property and portfolio levels. Enhance your acquisition and disposition strategies by exploring limitless "what if" scenarios, making it easier to arrive at informed decisions. Gain access to critical information necessary for executing smart transactions by merging real-time data on properties, leases, and investors with current market leasing assumptions and various other factors. Additionally, generate detailed reports on budget accounts complete with narratives, and effortlessly monitor revenue, lease inducements, and market leasing assumptions among other key metrics. Ultimately, this innovative approach could revolutionize how you manage financial forecasting in your organization.
API Access
Has API
No
API Access
Has API
No
Integrations
AvidXchange
No
CHERRY
No
ExpensePoint
No
Flamingo Resident Retention
No
Genea Submeter Billing
No
Hyly.AI
No
MRI Agora
No
OneDay
No
Payference
No
Property Tax Plus
Yes
Integrations
AvidXchange
Yes
CHERRY
Yes
ExpensePoint
Yes
Flamingo Resident Retention
Yes
Genea Submeter Billing
Yes
Hyly.AI
Yes
MRI Agora
Yes
OneDay
Yes
Payference
Yes
Property Tax Plus
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
PowerPlan
Founded
1994
Country
United States
Website
powerplan.com
Vendor Details
Company Name
Yardi
Founded
1982
Country
United States
Website
www.yardi.com/products/advanced-budgeting-and-forecasting/
Product Features
Decision Support
Application Development
No
Budgeting & Forecasting
No
Data Analysis
No
Decision Tree Analysis
No
Monte Carlo Simulation
No
Performance Metrics
No
Rules-Based Workflow
No
Sensitivity Analysis
No
Thematic Mapping
No
Version Control
No
Fixed Asset Management
Asset Budgeting
No
Asset Lifecycle Management
No
Audit Trail
No
Barcoding / RFID
No
Depreciation Management
No
Disposal Management
No
Document Management
No
Inventory Tracking
No
Tax Management
No
Lease Accounting
Amortization Schedule
No
Asset Management
Yes
Billing & Invoicing
Yes
Budgeting & Forecasting
Yes
Capitalization Reporting
No
Critical Date Alerts
No
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
No
Tax Management
No