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PowerPlan Announces Patent Pending Regulatory Management Suite

18-Dec-2014 | Source : AG-IP News | Visits : 4760
ATLANTA, GA - PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, announced in a press release the PowerPlan Regulatory Management Suite, designed to support the unique requirements of regulated utilities and interstate pipelines rate case management.

PowerPlan’s patent pending Regulatory Management Suite significantly reduces the time required to provide historic and projected regulatory insight analysis and to execute management decision support. It also streamlines the process for preparing and responding to rate cases, which allows companies more time to analyze results in order to present an effective case to regulators. Among the features valued by chief financial officers is the ability to quickly and easily reconcile financial returns with regulatory returns at a detailed level in order to measure how financial investments will impact all stakeholders today and in the future.

“Regulated utilities and interstate pipelines face significant challenges when preparing for required regulatory filings, including increased workloads, condensed timelines between filings, higher reporting costs and potential revenue losses due to delayed rate increases,” says Jim Dahlby, Vice President, PowerPlan. “Our solution allows company leaders to spend time analyzing multiple future scenarios and monitoring current performance to make strategic decisions that create stakeholder value.”

The regulatory suite integrates with existing PowerPlan products or external sources of data to deliver a complete solution for regulated asset-intensive companies.
PowerPlan is an enterprise software company devoted to helping asset-centric businesses the utilities, oil and gas, transportation, telecommunications, and mining industries  optimize their financial performance. PowerPlan combines purpose-built software for asset centric accounting, tax and budgeting/analytics with domain expertise to help executives generate cash, mitigate compliance risk and enable a culture of cost management. The world’s most demanding asset-intensive companies trust PowerPlan to manage more than $2.3 trillion in assets today.  
 
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