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PowerPlan Announces NXT: 30 Years of Industry Expertise, Now Powered by AI

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PowerPlan has unveiled PowerPlan NXT, a new SaaS platform announced at its 2025 ELEVATE conference in Atlanta. The platform combines 30 years of industry expertise with AI technology to help tax and accounting professionals optimize financial assets.

The solution, specifically designed for asset-intensive companies, integrates operational and financial data to handle specialized accounting, complex tax requirements, and rate-making processes. Key features include AI-based enhancements for identifying and reducing data quality errors.

Currently, customers can begin their cloud transition with Tax Fixed Assets (TFA), a tax depreciation solution used by over 20 utility companies. PowerPlan plans to launch a new tax provision solution in late 2025, followed by the full NXT platform availability in 2026. The platform offers modular adoption, allowing customers to implement their most critical financial tools based on their cloud migration timeline.

PowerPlan ha svelato PowerPlan NXT, una nuova piattaforma SaaS annunciata durante la conferenza ELEVATE 2025 ad Atlanta. La piattaforma combina 30 anni di esperienza nel settore con la tecnologia AI per aiutare i professionisti fiscali e contabili a ottimizzare gli asset finanziari.

La soluzione, progettata specificamente per le aziende ad alta intensità di asset, integra dati operativi e finanziari per gestire contabilità specializzate, requisiti fiscali complessi e processi di determinazione delle tariffe. Le caratteristiche principali includono miglioramenti basati su AI per identificare e ridurre gli errori nella qualità dei dati.

Attualmente, i clienti possono iniziare la loro transizione al cloud con Tax Fixed Assets (TFA), una soluzione per la svalutazione fiscale utilizzata da oltre 20 aziende di servizi pubblici. PowerPlan prevede di lanciare una nuova soluzione per le provvigioni fiscali alla fine del 2025, seguita dalla disponibilità completa della piattaforma NXT nel 2026. La piattaforma offre un'adozione modulare, consentendo ai clienti di implementare i loro strumenti finanziari più critici in base alla loro tempistica di migrazione al cloud.

PowerPlan ha revelado PowerPlan NXT, una nueva plataforma SaaS anunciada en su conferencia ELEVATE 2025 en Atlanta. La plataforma combina 30 años de experiencia en la industria con tecnología de IA para ayudar a los profesionales de impuestos y contabilidad a optimizar los activos financieros.

La solución, diseñada específicamente para empresas intensivas en activos, integra datos operativos y financieros para manejar contabilidad especializada, requisitos fiscales complejos y procesos de fijación de tarifas. Las características clave incluyen mejoras basadas en IA para identificar y reducir errores en la calidad de los datos.

Actualmente, los clientes pueden comenzar su transición a la nube con Tax Fixed Assets (TFA), una solución de depreciación fiscal utilizada por más de 20 empresas de servicios públicos. PowerPlan planea lanzar una nueva solución de provisión fiscal a finales de 2025, seguida de la disponibilidad completa de la plataforma NXT en 2026. La plataforma ofrece una adopción modular, permitiendo a los clientes implementar sus herramientas financieras más críticas según su cronograma de migración a la nube.

PowerPlan은 애틀랜타에서 열린 2025 ELEVATE 컨퍼런스에서 새로운 SaaS 플랫폼 PowerPlan NXT를 공개했습니다. 이 플랫폼은 30년의 산업 전문성과 AI 기술을 결합하여 세무 및 회계 전문가들이 재무 자산을 최적화할 수 있도록 돕습니다.

자산 집약적인 기업을 위해 특별히 설계된 이 솔루션은 운영 데이터와 재무 데이터를 통합하여 전문 회계, 복잡한 세무 요구 사항 및 요금 책정 프로세스를 처리합니다. 주요 기능으로는 데이터 품질 오류를 식별하고 줄이기 위한 AI 기반 개선이 포함됩니다.

현재 고객들은 20개 이상의 유틸리티 회사에서 사용되는 세금 감가상각 솔루션인 Tax Fixed Assets (TFA)로 클라우드 전환을 시작할 수 있습니다. PowerPlan은 2025년 말에 새로운 세금 조정 솔루션을 출시할 계획이며, 2026년에는 NXT 플랫폼의 전체 가용성을 제공할 예정입니다. 이 플랫폼은 모듈식 채택을 제공하여 고객들이 클라우드 마이그레이션 일정에 따라 가장 중요한 재무 도구를 구현할 수 있도록 합니다.

PowerPlan a dévoilé PowerPlan NXT, une nouvelle plateforme SaaS annoncée lors de sa conférence ELEVATE 2025 à Atlanta. La plateforme combine 30 ans d'expertise sectorielle avec la technologie AI pour aider les professionnels de la fiscalité et de la comptabilité à optimiser les actifs financiers.

La solution, conçue spécifiquement pour les entreprises à forte intensité d'actifs, intègre des données opérationnelles et financières pour gérer la comptabilité spécialisée, les exigences fiscales complexes et les processus de fixation des tarifs. Les principales caractéristiques incluent des améliorations basées sur l'IA pour identifier et réduire les erreurs de qualité des données.

Actuellement, les clients peuvent commencer leur transition vers le cloud avec Tax Fixed Assets (TFA), une solution de dépréciation fiscale utilisée par plus de 20 entreprises de services publics. PowerPlan prévoit de lancer une nouvelle solution de provision fiscale fin 2025, suivie de la disponibilité complète de la plateforme NXT en 2026. La plateforme propose une adoption modulaire, permettant aux clients de mettre en œuvre leurs outils financiers les plus critiques en fonction de leur calendrier de migration vers le cloud.

PowerPlan hat PowerPlan NXT vorgestellt, eine neue SaaS-Plattform, die auf der ELEVATE-Konferenz 2025 in Atlanta angekündigt wurde. Die Plattform vereint 30 Jahre Branchenerfahrung mit KI-Technologie, um Steuer- und Buchhaltungsprofis bei der Optimierung finanzieller Vermögenswerte zu unterstützen.

Die Lösung, die speziell für asset-intensive Unternehmen entwickelt wurde, integriert betriebliche und finanzielle Daten, um spezialisierte Buchhaltung, komplexe steuerliche Anforderungen und Tarifbildungsprozesse zu verwalten. Zu den wichtigsten Funktionen gehören KI-gestützte Verbesserungen zur Identifizierung und Reduzierung von Datenqualitätsfehlern.

Derzeit können Kunden ihren Übergang zur Cloud mit Tax Fixed Assets (TFA) beginnen, einer steuerlichen Abschreibungslösung, die von über 20 Versorgungsunternehmen genutzt wird. PowerPlan plant, Ende 2025 eine neue Steuerregelungslösung auf den Markt zu bringen, gefolgt von der vollständigen Verfügbarkeit der NXT-Plattform im Jahr 2026. Die Plattform bietet eine modulare Einführung, die es den Kunden ermöglicht, ihre wichtigsten finanziellen Werkzeuge basierend auf ihrem Cloud-Migrationszeitplan zu implementieren.

Positive
  • Launch of new AI-powered SaaS platform expanding product portfolio
  • Existing strong market presence with TFA solution used by 20+ utility companies
  • Strategic cloud transition offering modular implementation options
  • Planned expansion with new tax provision solution in late 2025
Negative
  • Full platform availability delayed until 2026
  • Requires customers to undergo potentially complex cloud migration

ATLANTA, March 24, 2025 (GLOBE NEWSWIRE) -- PowerPlan, Inc., a leading provider of financial software solutions for the energy industry, today announced PowerPlan NXT at its 2025 ELEVATE user conference in Atlanta. The new SaaS platform empowers tax and accounting professionals to optimize financial assets throughout their lifecycle. Purpose-built for asset-intensive companies, NXT integrates operational and financial data to facilitate specialized accounting treatments, accommodate complex tax requirements, and support rate-making processes.

“NXT is the next-generation tax and accounting solution that organizations need to tackle complex financial challenges with confidence,” said Todd Bransford, Chief Product Officer, PowerPlan. “It includes all the robust features our customers count on from PowerPlan, now with a reimagined user experience and infused with AI. This innovation ensures they can maximize their financial performance with even greater efficiency and ease."

During the afternoon keynote, Bransford provided an overview of the NXT platform and its expected benefits. As part of the ELEVATE  Solution Zone, attendees this week can preview the new innovations, including AI-based enhancements that will identify and reduce data quality errors, yielding better financial outcomes downstream.

NXT reinforces PowerPlan’s continued investment in SaaS solutions as more customers transition critical enterprise products to the cloud. Today, customers can kick-start their cloud journey with Tax Fixed Assets (TFA), the premier solution for tax depreciation and deferred tax processes trusted by more than 20 leading utility companies nationwide. Building on the momentum of TFA, PowerPlan is set to launch a new tax provision solution in late 2025, which supports critical monthly provision accruals for businesses in regulated industries.

PowerPlan NXT will be available in 2026 and is adoptable on a modular basis, allowing each customer to prioritize and implement their most critical financial tools—no matter where they are in their cloud journey.

For more information on PowerPlan NXT, visit www.powerplan.com/NXT.

 About PowerPlan

For more than 30 years, PowerPlan has helped utility and energy companies make the right financial decisions to improve lives and power the world. Through our industry-leading expertise, innovative technology, and vast experience listening to and working in tandem with our clients, PowerPlan software sets the standard that CFOs can count on for financial clarity. PowerPlan operates as an independent subsidiary of Roper Technologies (Nasdaq: ROP) a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. For more information, visit www.powerplan.com.

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Connie Phillips
PowerPlan, Inc.
6782232800
connie.phillips@powerplan.com

FAQ

When will PowerPlan NXT platform be available for implementation?

PowerPlan NXT will be available in 2026 with modular adoption options for customers.

What are the key features of PowerPlan's new NXT platform?

NXT integrates operational and financial data with AI technology to handle specialized accounting, complex tax requirements, and rate-making processes while reducing data quality errors.

How many utility companies currently use PowerPlan's Tax Fixed Assets (TFA) solution?

More than 20 leading utility companies nationwide currently use PowerPlan's TFA solution.

What new solution is PowerPlan planning to launch in late 2025?

PowerPlan plans to launch a new tax provision solution supporting monthly provision accruals for regulated industries in late 2025.
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