SOURCE: PowerPlan Inc.

PowerPlan Inc.

December 19, 2014 12:06 ET

PowerPlan Successfully Implements Regulatory Management Suite at Energy Transfer Partners

ATLANTA, GA--(Marketwired - December 19, 2014) - PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, is pleased to announce the successful go-live of PowerPlan's patent-pending Regulatory Management Suite at Energy Transfer Partners, L.P. (ETP).

The addition of PowerPlan's Regulatory Management Suite to ETP's existing PowerPlan suite should help automate monthly processes for the Sea Robin and Transwestern Pipelines, saving time spent on manual processes and simplifying reconciliation. The suite's Revenue Requirements Module helps ETP prepare its cost of service filings with the Federal Energy Regulatory Commission (FERC).

The Regulatory Management Suite integrates all balance sheet and income statement accounts from the existing PowerPlan applications, including Asset, Depreciation and the Charge Repository and transforms them into regulatory accounts. This automation should allow ETP to streamline its data collection process for its rate case filings by centralizing and reconciling it all in the Regulatory Management Suite. This replaces complex databases and spreadsheet procedures currently used. 

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