SOURCE: PowerPlan Inc.

PowerPlan Inc.

December 03, 2014 18:17 ET

PowerPlan Enhances Functionality With 10.4.3 Release

Upgrade Offers Continued Support for Customers' Evolving Needs

ALTANTA, GA--(Marketwired - December 03, 2014) - PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, has released its latest version continuing to support the unique needs of its customers.

PowerPlan's latest version includes enhancements to the Master Limited Partnership (MLP) module, released as part of version 10.4.2 earlier in the year. In version 10.4.3, functionality was expanded to include support for disguised sales, technical terminations, and improved reporting and export capabilities to support an external K-1 filing system.

"Our goal is to continually exceed the requirements of our customers," says Joseph King, Vice President of Research and Development, PowerPlan, "and help them drive value in their organizations."

At PowerPlan's recent customer conference, Planet 2014, King laid out the plan to release a new version every six months going forward. The goal of bi-annual releases is to continually improve the product and show commitment to customer needs through ongoing feature function and technical changes. 

Specific enhancements for version 10.4.3 include the following:

  • Enhancements for managing project forecasts for the entire project lifecycle, regardless of the number of years.
  • Support for simultaneous multi-year project forecast manipulation providing faster and more accurate forecast creation in order to improve visibility into capital expenditures, cash flows, and variances. 
  • Improvements to Auto Unitization, Jurisdictional Depreciation and CR Allocation, resulting in a greater than 50 percent time savings in each of the processes.

Existing customers can access the latest upgrade by contacting their PowerPlan representative. 

About PowerPlan

PowerPlan is an enterprise software company devoted to helping asset-centric businesses in the transportation, telecommunications, oil and gas, utilities and mining industries 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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