List of PowerPlan Lease Accounting Solution Suite Customers
Atlanta, 30339, GA,
United States
Since 2010, our global team of researchers has been studying PowerPlan Lease Accounting Solution Suite customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased PowerPlan Lease Accounting Solution Suite for Lease Management from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using PowerPlan Lease Accounting Solution Suite for Lease Management include: Xerox Holdings, a United States based Professional Services organisation with 26300 employees and revenues of $6.22 billion, Advanced Drainage Systems, a United States based Manufacturing organisation with 6000 employees and revenues of $2.90 billion, Westar Energy, a United States based Utilities organisation with 2500 employees and revenues of $300.0 million and many others.
Contact us if you need a completed and verified list of companies using PowerPlan Lease Accounting Solution Suite, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the ERP Financial Management software purchases.
The PowerPlan Lease Accounting Solution Suite customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of ERP Financial Management software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Advanced Drainage Systems | Manufacturing | 6000 | $2.9B | United States | PowerPlan | PowerPlan Lease Accounting Solution Suite | Lease Management | 2018 | n/a |
In 2018 Advanced Drainage Systems implemented PowerPlan Lease Accounting Solution Suite to centralize lease accounting and compliance within its Lease Management footprint. The deployment focused on the PowerPlan Lease Accounting Solution Suite as the enterprise application for automating lease accounting processes across corporate finance and accounting functions. Advanced Drainage Systems used the solution to establish a single system of record for lease contracts and accounting treatments in support of lease accounting standards.
Configuration emphasized core Lease Management capabilities including lease data capture, measurement of lease liabilities and right of use assets, automated amortization and expense recognition schedules, and standardized disclosure reporting. The implementation consolidated lease portfolio management and the accounting engine into a structured operational model, reducing reliance on manual journals and spreadsheet-based calculations. The solution was configured to produce consistent accounting entries and disclosure schedules across the scope of corporate finance activities.
Rollout covered finance and accounting teams responsible for lease accounting and disclosure, with governance centered on centralized lease data maintenance and controlled workflow for lease approval and accounting adjustments. Operational procedures were revised to feed the PowerPlan Lease Accounting Solution Suite as the authoritative source for lease accounting, improving audit traceability for lease transactions. By automating the lease accounting standards Advanced Drainage Systems generates dramatic cost and time savings.
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Westar Energy | Utilities | 2500 | $300M | United States | PowerPlan | PowerPlan Lease Accounting Solution Suite | Lease Management | 2012 | n/a |
In 2012 Westar Energy implemented the PowerPlan Lease Accounting Solution Suite, deploying it as part of its Lease Management strategy. In September 2012 Westar additionally selected PowerPlan’s Capital and O&M Budgeting Solution to extend analytics and budgeting capabilities within the same vendor ecosystem.
The implementation leverages the PowerPlan Lease Accounting Solution Suite alongside PowerPlan asset accounting and tax systems already in use, consolidating lease accounting, asset accounting and tax data flows. Configured capabilities include delivered dashboards, drill downs and alerts that map actual costs, commitments, budgets, forecasts and authorizations to support project and asset centric accounting and oversight.
Integrations were executed so the Capital and O&M Budgeting Solution integrates seamlessly with the existing PowerPlan estate, and the budgeting tool links to project schedules to provide a more holistic view of the project portfolio. This connectivity supports consolidated reporting and detailed variance analysis, aligning operational schedules with financial forecasts across the organization.
Operational scope emphasizes finance, project controls and operations audiences who consume consolidated outputs or granular variances from a single PowerPlan environment, bridging operations and financial planning functions. The combined deployment enables tracking of benefits and non financial metrics and uses dashboards and alerts to surface variances and authorizations for ongoing governance and portfolio monitoring.
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Xerox Holdings | Professional Services | 26300 | $6.2B | United States | PowerPlan | PowerPlan Lease Accounting Solution Suite | Lease Management | 2015 | n/a |
In 2015, Xerox Holdings implemented PowerPlan Lease Accounting Solution Suite to centralize lease accounting within its finance organization. The PowerPlan Lease Accounting Solution Suite is the companys Lease Management application supporting core finance functions for lease accounting and disclosure reporting.
The implementation configured core lease accounting capabilities, including contract capture and lease inventory, automated amortization and lease liability scheduling, journal generation for general ledger posting, and disclosure reporting for external financial statements. Configuration work emphasized accounting standards support such as ASC 842 and IFRS 16 compliance workflows, chart of accounts mapping, and scheduled period end processing within the PowerPlan Lease Accounting Solution Suite.
Integrations connected PowerPlan to Oracle E Business R12 and SAP for general ledger posting and master data synchronization, and to Enterprise Performance Management for consolidation and disclosure workflows. Interfaces were implemented to move journal entries and lease master records between systems, with finance designated as the primary operational scope for the Lease Management deployment.
An Enterprise Architect provided platform level architecture and governance across planks, platforms and multiple tactical systems, owning integration design, data mapping, and control frameworks. Governance activities focused on month end posting controls, reconciliation workflows and alignment of lease accounting processes to the corporate finance stack.
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