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ease
features
design
support

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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

ALMSys serves as an all-encompassing software suite designed for the management of lease and loan tracking. It efficiently manages your entire portfolio of leases and loans, including options like lease here/pay here and buy here/pay here. The software adeptly processes various types of leases, finance leases, and loans. With ALMSys® Quotes, you can generate the necessary forms to facilitate your lease, loan, or purchase transactions. The core program of ALMSys® is integral for monitoring your leases and loans throughout their entire duration. Additionally, ALMSys® Accounting provides comprehensive oversight of the financial elements pertaining to your lease and loan portfolio, along with managing the accounting needs of your business. This holistic approach ensures that all aspects of lease and loan management are seamlessly integrated into one platform.

Description

PowerPlan’s Lease Accounting Solution Suite enables organizations to formulate their ideal strategy for complying with both ASC 842 and IFRS 16 lease accounting regulations. This comprehensive solution accommodates various accounting frameworks, such as GAAP, IFRS, and FERC. By utilizing scenario analysis within the software, users can explore different adoption strategies and refine their approach to implementing the new lease accounting standards. It effectively manages a wide array of capital and operating leases, covering equipment, real estate, and purchase power agreements. The suite minimizes audit risks by automating tasks that previously required manual input, thereby enhancing the accuracy of billing, reporting, and documentation processes. Additionally, features like integrated invoice generation streamline operations with billing departments, improving the traceability and recognition of receivables. Furthermore, it automates lease calculations across a spectrum of complexities, ranging from simple to intricate scenarios, including those involving variable rates and dynamic lease terms. Ultimately, this solution not only simplifies compliance but also enhances operational efficiency for businesses navigating the complexities of lease accounting.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Property Tax Plus

Integrations

Property Tax Plus

Pricing Details

$2,495 one-time payment
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ALMSys

Website

almsysinc.com

Vendor Details

Company Name

PowerPlan

Founded

1994

Country

United States

Website

powerplan.com

Product Features

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Product Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

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