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PowerPlan helps asset-intensive companies optimize financial performance through purpose-built software for accounting, tax, budgeting, and analytics. Trusted with over $2.3T in assets, it integrates with ERP systems to enhance compliance, cash flow, and cost control.
The Smyte Score is a weighted average from leading review sites across the web.
Strong Lease & Asset Accounting:
Users consistently praise PowerPlan’s lease accounting capabilities, especially for ASC 842 and IFRS 16 compliance.
Excel Integration & Customizability:
Seamless Excel integration simplifies data importing and custom configuration—making the platform adaptable to unique workflows.
User-Friendly Interface and Training:
Reviewers mention PowerPlan is intuitive with clear documentation and concise training, enabling fast onboarding.
Performance Sluggishness:
Some users report slow system performance, particularly in lease accounting modules.
Inconsistent or Inadequate Support:
Several reviews note underwhelming support from consultants, requiring users to resolve issues themselves.
Complicated Permissions & Setup:
A few users highlight complexity in permissions or initial setup, which can make onboarding tricky.
** Smyte uses AI to analyze online reviews, extracting key pros and cons by identifying patterns and summarizing customer feedback into actionable insights.