SOURCE: PowerPlan Inc.

PowerPlan Inc.

April 03, 2015 12:24 ET

Utilities Can Better Manage Property Tax Payments With GIS Data According to New Whitepaper

ATLANTA, GA--(Marketwired - April 03, 2015) - PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for capital asset-intensive businesses, announces today the release of a new white paper, which highlights how utilities of all sizes can improve their assets visibility for property tax payment with detailed GIS information. The new whitepaper "How Utilities can Better Manage Property Taxes by Leveraging GIS Data" is available at no cost to download.

Without knowing the city, county, or other taxing jurisdiction of each asset, it becomes impossible to provide an accurate total property value, which can lead to double counting and higher property tax. Even worse, many utilities find themselves in the unenviable position of paying property taxes on assets that no longer exist. This new whitepaper discusses best practices that can be implemented; how to gather and document information about assets; how to effectively retire assets to minimize taxes and how to effectively estimate property taxes.

To read the complete white paper click this link: http://ow.ly/KYEUP

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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