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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

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.

Description

Riskion® serves as Expert Choice's comprehensive risk management solution tailored for organizations seeking more than just basic or spreadsheet-driven risk assessment. It establishes a methodical and systematic approach to pinpoint risks, their underlying causes, events, and potential outcomes throughout the organization, utilizing mathematically robust, ratio-scale evaluations instead of mere speculation. By facilitating collaborative input from stakeholders, it allows decision makers to harness collective expertise and visualize connections among various risk factors, triggers, and mitigation strategies. Riskion also enables the assessment of both low and high probability events, facilitates scenario comparisons, and optimizes resource allocation for effective risk treatment. The use of visual tools, such as "bow-tie diagrams," effectively conveys risk pathways and exposures. Ultimately, Riskion is designed to enhance accountability, deliver dependable risk assessments, and streamline decision-making processes by minimizing uncertainty and fostering clarity within the organization, thereby empowering teams to respond proactively to potential challenges.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

Property Tax Plus

Integrations

Property Tax Plus

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$6,000/month
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

PowerPlan

Founded

1994

Country

United States

Website

powerplan.com

Vendor Details

Company Name

Expert Choice

Founded

1983

Country

United States

Website

www.expertchoice.com/riskion/

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

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

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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