Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
No images available
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