Case Study: Southern Company achieves real-time asset-level cost visibility and streamlined project and budget control with PowerPlan

Southern Company Upgrades its Business Operations with PowerPlan Solutions

Southern Company, an Atlanta‑based electric utility, needed better project and cost management, budgeting and granular asset‑level costing than its legacy systems could provide. In 2008 the company selected PowerPlan—building on prior use of PowerPlan fixed‑assets—deploying Capital Budgeting and Project Management modules plus Tax Provision and Lessee Accounting to enable tracking to the Maximo work order and equipment ID and to serve as the integration hub with Oracle and Maximo.

PowerPlan implemented an integrated subledger and project/cost management platform that exchanges near‑real‑time data with Maximo and Oracle, automates accounting and journal preparation, and aligns EAM and ERP hierarchies. As a result of PowerPlan’s solution Southern Company retired 22 legacy systems, centralized cost tracking for the majority of its $55 billion in assets, gained daily asset‑level actuals vs. budget reporting, reduced accounting effort and work orders, and improved forecasting and asset reliability.

Southern Company

Susan Self

Accounting Services Manager