Best Fixed Asset Management Software

PowerPlan’s Lease Accounting Solution Suite helps companies determine their optimal adoption strategy for the ASC 842 and IFRS 16 lease accounting standards. The solution is also compatible with multiple accounting treatments, including GAAP, IFRS and FERC. Use scenario analysis in the solution to analyze different adoption scenarios and determine your strategy for adopting the new lease accounting standards. Manage all capital and operating leases, including equipment, real estate and purchase power agreements. Reduce audit risk by eliminating manual tasks, ensuring accurate billing, reporting and documentation. Time-saving solutions like integrated invoice creation with billing departments provide better traceability and recognition of receivables. Automate the full range of lease calculations, from simplistic to the most complex, including variable rate and dynamic lease calculations.