PowerPlan Reviews | Glassdoor

PowerPlan Reviews

Updated April 2, 2017
45 reviews

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Full-time Part-time

3.0
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J. Charles Goodman
13 Ratings

45 Employee Reviews

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  1. Helpful (6)

    "Feels like the tide is turning"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Employee in Atlanta, GA
    Current Employee - Employee in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PowerPlan full-time (More than 3 years)

    Pros

    Good benefits
    Really smart employees
    Financially sound
    Recent technology changes point to a promising future
    New analytics solution successfully released
    Business is growing

    Cons

    Aging technology
    Strategy is not always clear
    Focus is always on financial results
    Somewhat high turnover in consulting (this is getting better)

    Advice to Management

    Communicate changes/improvements internally
    The new leadership change is starting to produce results, don't stop and don't look back
    There will always be criticism from long term employees that don't like change


  2. Helpful (5)

    "Great Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Recommends
    Positive Outlook

    I have been working at PowerPlan full-time (More than a year)

    Pros

    Smart workforce, casual environment, good pay, and lots of opportunity for growth

    Cons

    One year in and there are none to complain of that you wouldn't find in any job

    Advice to Management

    Keep growing and developing talent


  3. Helpful (1)

    "Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Atlanta, GA
    Current Employee - Consultant in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PowerPlan full-time (Less than a year)

    Pros

    A lot of growth opportunities, fun culture, supportive team, competitive compensation and benefits. The company acknowledges hard work and so your work will not go unnoticed. Overall, it's a great company to be working for. Since the company is growing so fast, more leadership positions are opening up.

    Cons

    Work can be difficult. You need to know how to problem solve, work independently, and know when to seek help. If you do not put in the effort and attitude, others will know and word will spread since this is a Sm/md sized private company.


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  5. Helpful (3)

    "A company spinning out of control"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Pay somewhat on par with peers
    Benefits are decent (although not as good as it used to be)
    Great Snacks
    The senior leadership has its heart in the right place, but....

    Cons

    New product Is spinning out of control, and heading for a disaster with an offshore development team not being led properly, and US team pointing the fingers for failures everywhere but at themselves. Young, lackluster middle management. Lack of trust among managers and direct reports. Employee scapegoating seems to be tolerated, and encouraged in management.

    Advice to Management

    Take a look in the mirror and fix your house before it all falls apart. You need to learn to grow and expand. Merging with a company in Canada is a good start but lets keep moving forward.


  6. Helpful (9)

    "The Twin Dinosaurs"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Atlanta, GA
    Former Employee - Senior Consultant in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Pay somewhat on par with peers (although not as good as it used to be)
    Benefits are decent
    Some really bright people in entry level positions

    Cons

    For starters - what you learn here has ZERO value outside from a career standpoint. The technology platform - PowerBuilder - is downright ugly and something the entire industry abandoned three decades back. And here we're talking about a company that believes it has the "startup" mindset. The founders were more functional Asset accounting experts than coders, and someone sold them on the idea of coding in this platform that was outdated before the first line of code was written for Powerplan. Fast forward to today, and these folks whose claim to fame is coding in PowerBuilder are in some of the most senior positions in the Organization and want to keep the code-centric emphasis because that's all they know and that's essential justification for them being well compensated. Most IT Organizations de-emphasize the coding aspect and spend less and less on it each year as they outsource it on the cheap....not here. Powerplan spends significantly on a skill that no one else values and it really cripples them from committing resources where they are critically needed (For example to overhaul the basic architecture). And the "Leadership" (i.e. Senior Coders with decision making authority) don't want to take that route because it puts their survival in jeopardy.

    Then comes the functional knowledge you could gain here by learning the ins and outs of Asset Accounting. A good skill to develop no doubt - except that the companies that really need these skills (Utilities) are among the lowest growth sectors and could be completely extinct in the next 20 years as alternative energy picks up.

    So that essentially is the summary of working at Powerplan. Lots of bright eyed young folks with no clue about what they signed up for, and then the so called "leadership" - that's basically bankrupt in the skills department outside of coding in PowerBuilder or functional asset accounting. The long hours expected and the endless travel would be all OK if this actually led to adding value and self development. But, unfortunately there's nothing useful to learn other than how to survive a few years of micro-management from a bunch of clueless coders in management positions.

    Advice to Management

    Powerplan's management is littered with coders disguised as Senior Management. Unless these code-centric "Geniuses" are sent where they belong - to a strictly coding job that involves no management or leadership - there can be zero hope for change in mindset or for the organization to evolve.


  7. Helpful (4)

    "Solid company. Pleased with my experience."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Atlanta, GA
    Former Employee - Senior Consultant in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at PowerPlan full-time (More than 3 years)

    Pros

    BENEFITS. I doubt you can find anything better anywhere else. Full healthcare, good 401k deal, generous PTO policy, bagels on Friday, etc. The office space is awesome. There was a time when employee satisfaction might have been overlooked. Not anymore. Management took steps to improve it, and it shows. There are fun company-wide events at least quarterly that are a good way to meet and interact with your co-workers.

    COMPENSATION. Also, I doubt you can find anything better anywhere else. For entry-level hires, HR finds what comp is for top-notch mgmt consulting firms (Bain, McKinsey, etc) and matches or exceeds what is offered there. For senior hires, comp was typically above market.

    COMPANY MARKET POSITION. PowerPlan is the best company in the world at what it sets out to do (asset-centric accounting software for asset-centric companies). Sure, it might be a niche market, have aging software, etc (that’s for the con section below). BUT PowerPlan is still the best company in the world at the market it serves. I found that to be really cool and satisfying during my time at PowerPlan. Also, this means that, at the very least, PowerPlan is not going anywhere. During my time at PowerPlan, there were initiatives that failed miserably, higher-ups that disagreed, but I viewed PowerPlan’s stability through these mishaps as a positive… PowerPlan has good leeway to screw some things up, fix them, and still be just fine. That has a lot to do with its market position.

    INTELLIGENT, DRIVEN PEOPLE. Employees in software-heavy departments (R&D, Prof Services, and Support) have strong technical aptitude. Employees in client-facing departments (Prof Services, Sales, Pre-sales) have strong people skills. The common theme is that people at PowerPlan are high performers. There’s always someone smarter than you at PowerPlan, and not only is that motivating, but it also means that there are people who have answers to your questions.

    OTHER PROS: Upward mobility. Opportunity to learn about a variety of industries at once. Collaborative. Flexibility for weekend travel in PS. Management is open to feedback, good and bad.

    Cons

    PUPPET STRINGS. PowerPlan is owned by private equity, and PE companies invest money to make more money. This can make PowerPlan feel cash-cowish. Non-revenue generating areas of the company are skimped, and revenue-generating areas of the business are fattened. For example, Prof services can do development work, and R&D can lack the manpower that they need to reach their goals. I sometimes felt like upper management had limited autonomy and simply took orders from the PE board. This seemed to make PowerPlan tense-up and move away from the “loose-ness” typically seen in tech companies.

    TRAINING. The new hire training has gotten much better since I came on board, but there still is room to improve in continuous training. The industry that PowerPlan serves is VERY complex, with no 2 companies being exactly alike. This makes top-notch training even more important. But, see “Puppet Strings” above.

    SOFTWARE STABILITY. PowerPlan is on a software platform called Powerbuilder that is out-dated. PowerPlan recognizes this, but it would be a massive undertaking for the company to switch onto a more modern software platform. The software prevents PowerPlan from being a saas web-based platform, limiting its stability and valuation.

    OTHER CONS: Green, young management. Long hours in Prof Services and Development. Lots of travel. Recent turnover. Lack of attention to customer satisfaction.


  8. Helpful (8)

    "A company in transition with some uncertainties for the future"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at PowerPlan full-time (More than 3 years)

    Pros

    Nice high rise office, newly appointed facilities, near the new Braves Stadium (may be a Con in the near future)
    Bagels on Friday
    Monthly mixers with beer allowed during working hours
    Good health care benefits
    Decent Salary

    Cons

    Company produces a niche market product aimed at large utility and telecom companies and already has most of North American companies covered as clients. They have been trying to break into the oil/gas industry as well as international markets, but have not gained any real traction in the last few years.
    Layoffs are fairly common, with the axe tending to fall about once a year. They tend to staff up in anticipation of a large client contract, but then have to cut people should the contract fall through.
    Software product is fairly antiquated and is badly in need of a rewrite. They initially staffed up with a development team to do so in 2014, and then turned around and terminated half the team and outsourced the work to India.
    Company was recently purchased by a capital investment group with the intention of flipping the company in five years. As a result, most key decisions are made by board members who are highly distant from the rank and file employee. The executive team seems to have little real control of company decisions.
    New professional services hires are initially given dull assignments involving heavy travel with lengthy stays at customer sites. They tend to recruit freshly minted, unmarried, college graduates and run them through a grinder for the first year or two. Those who tire of the road warrior lifestyle will find it difficult to move beyond as most senior consultants are firmly entrenched.

    Advice to Management

    Work harder to properly forecast your staffing and financial positions. If the trend of employees who are laid off for reasons other than performance continues, the company may find itself facing a lack of committed quality hires. Set realistic goals for the company that can actually be achieved rather then sell the pipe dream of a globally present company with customers worldwide. Avoid too many longshot initiatives as they burn resources that can be put to better use in other areas.


  9. Helpful (8)

    "Lack of integrity, poor middle management, outdated software with broken service model."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Doesn't Recommend
    Negative Outlook

    I worked at PowerPlan full-time (Less than a year)

    Pros

    Decent compensation and benefits. Free in-office snacks and drinks. Free Friday bagels. Nice corporate office. You can play ping pong during working hours. Good utilization of in-house tools for hr, labor, and project tracking such as ultimate software and salesforce.

    Cons

    Steep learning curve on the outdated software development environment (PowerBuilder).Young, lackluster middle management. Frequent employee turnover cycles. On-boarding process could use improvement. Lack of trust amongst managers and direct reports. Some managers tend to create hostile work environments and employee scapegoating seems to be tolerated. Although PowerPlan is transparent with regards to company performance, financial results, top level strategy; there is no transparency on internal decision factors for project and team staffing. Everyone is told to make company goals their first priority and adopt a spirit of teamwork, but internal competition dominates. Worst of all, there are consistent violators of company values that are highly rewarded. Keep your top eye open at all times.

    Advice to Management

    Good luck finding a sustainable model.


  10. Helpful (10)

    "Jack of Utilities, Accounting, and IT, but Master of None"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Atlanta, GA
    Former Employee - Consultant in Atlanta, GA
    Doesn't Recommend
    Negative Outlook

    I worked at PowerPlan full-time (More than a year)

    Pros

    Salary and benefits are about even with the boutiques in the IT industry. If you're fortunate enough, you may be assigned to a supervisor who gives a damn about your professional development and receive exposure to projects that you can leverage in searching for the next career. Besides that, the company will give you plenty of corporate embroidered backpacks, mugs, and blankets that you can donate to Goodwill.

    Cons

    PowerPlan's management is a victim of its own indecisiveness and incompetence. They aim to enter the Oil and Gas vertical market, but make zero overtures to develop customized modules for the target demo or overhaul subject matter expertise for industry fluency. The software product platform itself had a timeline to shift from the declining Powerbuilder platform to a web offering, but that initiative was stunted by the surprise layoff of roughly half of the Development team. In recent years, hiring practices within Professional Services have shifted heavily towards recruiting new (i.e. cheap and naive) college graduates, and yet there has been no requisite evolution in product or industry education or training to prepare new hires for the day-to-day job requirements. Given these issues (not to mention the office politics and general opaque nature of management transparency), there's really no surprise here that PowerPlan is struggling to maintain a credible image in the eyes of its stakeholders.

    Advice to Management

    Half-baked operational execution will only lead to more employee turnover and failed growth targets.


  11. Helpful (5)

    "Ehh"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Atlanta, GA
    Former Employee - Consultant in Atlanta, GA
    Doesn't Recommend
    Negative Outlook

    I worked at PowerPlan full-time (More than a year)

    Pros

    Good benefits, reasonable salary, lots of "office swag" (If you care about this). Good starting position for those who are recent graduates. Office is new age with amenities and snacks. Opportunity to learn PL/SQL and Oracle databases.

    Cons

    The company has bad management and bad HR. Management is not objective towards employees and training is minimal/horrible. Management lies about actual company performance, expansion to other markets, and new technology. Transparency is preached but not followed... basically a marketing scam to employees to keep employees interested and on board. No ability to grow outside of the dinosaur utility industry. No one is interested in a PowerBuilder based software application besides a slow moving, highly regulated industry.

    Advice to Management

    Evaluate poor managers and be honest about the company. Many managers are great, however there are a lot of bad apples who should not be in management positions.


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