SOURCE: PowerPlan Inc.

PowerPlan Inc.

October 29, 2014 13:26 ET

American Midstream Selects PowerPlan for Project Management and Fixed Asset Accounting

ATLANTA, GA--(Marketwired - October 29, 2014) - American Midstream Partners, LP ("American Midstream") selected PowerPlan, the leading provider of accounting, tax, and capital budgeting optimization solutions for asset-intensive businesses, as its project management and fixed asset accounting solution.

American Midstream is a growth-oriented master limited partnership engaged in gathering, treating, processing, fractioning, and transporting natural gas, natural gas liquids, and crude oil, and also operates terminal storage for specialty products. American Midstream licensed PowerPlan's Project Management, Budgeting and Forecasting, Project and Fixed Asset Accounting, and Mobile Approval solutions to enable best-in-class budgeting and financial asset management.

"Our growth strategy is focused on strategic development projects, acquisitions, and expansion of our existing assets," commented Tom Brock, American Midstream Vice President and Chief Accounting Officer. "PowerPlan will help us to manage growth by providing in-depth information about our asset portfolio and giving our team tools to analyze performance."

About PowerPlan

PowerPlan is an enterprise software company devoted to helping asset-centric businesses optimize their financial performance. PowerPlan combines purpose-built software for asset centric accounting, tax and budgeting/analytics with domain expertise to help executives generate cash, mitigate compliance risk and enable a culture of cost management. The world's most demanding asset-intensive companies trust PowerPlan to manage more than $2.3 trillion in assets today. PowerPlan is a privately held company based in Atlanta, GA. For more information, call 678-223-2800; email info@pwrplan.com; or visit www.powerplan.com

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