ATLANTA, Sept. 20, 2018 (GLOBE NEWSWIRE) -- As tropical storms and destructive forest fires attack the United States, companies and government organizations are in a rush to allocate dollars for the recovery of infrastructure. Meanwhile, strategic ...
ATLANTA, Sept. 20, 2018 (GLOBE NEWSWIRE) -- As tropical storms and destructive forest fires attack the United States, companies and government organizations are in a rush to allocate dollars for the recovery of infrastructure. Meanwhile, strategic accounting teams prepare ahead of critical events by creating long-range asset plans, which include the repair and replacement of damaged infrastructure. The reason for the rush? This year is on track to have greater natural disaster recovery costs than last year.
In 2017, the United States had a record-breaking year in damage caused by natural disasters, with the cumulative amount of damage totaling $306.2 billion, according to the National Oceanic and Atmospheric Administration. “As natural disasters and extraordinary events have become more common, organizations have realized the need to prepare financially to ensure the successful management of any resulting damage,” said Brent Burns, Chief Operating Officer of PowerPlan. “Pro-active organizations aren’t just preparing for the operational impact of replacing or repairing their assets, but are also financially preparing for natural disasters as well by having systems in place to help them forecast the impacts and quickly update the results after a large event.”
To help organizations prepare, there is a new guide titled “Storm Recovery and Extraordinary Events: Is Your Accounting Team Prepared?” The document, which provides best practices for accounting teams aiming to take a proactive financial stance on disaster recovery, can be downloaded for free here: //bit.ly/2pmbbWX. Help get your accounting team ready for the next storm.
PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email email@example.com or visit www.powerplan.com.
For more information, contact:
Source(s) : PowerPlan Inc.
Avril Supermarché Santé moves to the top of the food chain in organic and natural products by deploying GK's SAP omnichannel POS solutionThis project is among the very first integrations of GK's SAP Point-of-Sale software with SAP ERP for Retail and SAP CAR across North America! MONTREAL, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Avril Supermarché Santé, the leading independent ...
Ultra Electronics, 3eTI Director of Cybersecurity to Speak at2nd Annual API-IOGP Cybersecurity Europe Conference For Oil and Natural Gas IndustrySession to examine next generation industrial cybersecurity challenges and best practices London, UK, June 27, 2018 (GLOBE NEWSWIRE) -- Ultra Electronics, 3eTI® (3eTI), a leading cyber-technology company with products and solutions that ...