Project Management
Track each plant investment under a project card. Project purchasing, payments, advances, budgeting and costing, and guarantees received and given are managed in the same module. Included in VECTRA and higher packages.
Manufacturing
ERP for power generation companies
Manage power plant investments, equipment such as turbines, panels and transformers, land leases, loans, guarantees and electricity sales invoicing on the same platform as your accounting.
Finance and asset management from plant investment to operation
Solar, wind, hydro, biomass and thermal power plants are built with large investments and operated for many years. During construction, equipment, civil works and grid connection costs are often financed with foreign currency loans. During operation, electricity sales, land leases, maintenance costs and loan repayments have to be managed. Each plant is frequently set up as a separate company.
Factorbooks Autonomous ERP tracks plant investments under a project card, equipment as fixed assets, and loans and guarantees by due date. With Multi-Company Management, separate plant companies are managed on the same platform. Meter readings, generation data and market settlement stay in your own systems; data can be exchanged through the API in Integration Management, an add-on module. Project Management is included in VECTRA and higher packages.
Key benefits for power generation companies
Plant-level investment costing
Equipment purchases, construction, advances and guarantees are collected by project, with the project budget and cost on the same card. Available in VECTRA and higher packages.
Equipment and depreciation
Turbines, panels, inverters, transformers and vehicles are recorded as fixed assets; revaluation and depreciation are available in SYNTRA and higher packages.
Foreign currency loan tracking
Instalment, spot and revolving loans, loan instalments and payments are tracked with multi-currency support and Central Bank exchange rates.
Land and rooftop leases
Plant land and rooftop leases are kept by contract in Rent Management, with rent accruals and payments tracked on their due dates.
Guarantee control
Letters of guarantee given and guarantees received in grid connection, licensing and procurement processes are tracked by due date.
Electricity sales invoicing
Electricity sales are invoiced with sales invoices and price difference and exchange rate difference invoices; outgoing e-Invoices are sent from Digital Transformation Management.
Featured industry-specific solutions
Asset Management
Record plant equipment, substations and vehicles as fixed assets. Asset movements, revaluation and depreciation, along with leased assets, are tracked in a single list.
Advanced Finance Management
Track instalment, spot and revolving loans used for investment financing, along with loan instalments and payments. Bank transactions and multi-currency and Central Bank exchange rate management are in the same module, and the Cash Flow Forecast shows the repayment load in advance.
Rent Management
Record land, rooftop and facility leases with rental agreements. Rent payable and receivable accruals, rent payments and rent collections are tracked in the same module.
Guarantee Management
Track guarantees given and received in grid connection, licensing, tender and procurement processes, including letters of guarantee and cash collateral, by due date.
Sales and Invoicing
Manage electricity sales with sales contracts and sales invoices. Price difference and exchange rate difference invoices are issued in the same module, and outgoing e-Invoices and e-Archive invoices are sent from Digital Transformation Management.
Related Factorbooks modules
See module coverage and package availability on each module page.
Project Management
Project-based sales, purchasing, collections, payments, advances, budget and guarantees.
Asset Management
Fixed assets, minor fixed assets, rights, rented assets and depreciation.
Advanced Finance Management
Current account, cash, bank, loan, POS, company credit card, payment, cheque and note management.
Rent Management
Rental agreements, assets rented out, assets rented in, accruals, payments and collections.
Guarantee Management
Guarantees given and received, letters of guarantee, cash collateral and refunds.
Sales Management
Price lists, discounts, sales contracts and orders, outgoing e-invoices and e-archive invoices, sales targets.
Other industries
Food and Beverage Manufacturing
Manage recipe-based production, lot tracking, purchases from farmers and dealer distribution on one platform.
Textile and Apparel Manufacturing
Track fabric and trim stock, style recipes, subcontracting costs and export orders on one platform.
Furniture and Wood Products
Manage made-to-order production, board and timber stock, order deposits and deliveries on one platform.
Chemicals, Plastics and Rubber Products
Manage formula-based batch production, lot tracking, imported raw materials and currency-driven costs on one platform.
Metal and Metal Products Manufacturing
Track sheet and profile stock, work orders, raw material price differences and your machine fleet on one platform.
Machinery and Equipment Manufacturing
Manage made-to-order machine projects, recipes and work orders, guarantees and exports on one platform.
Let’s find the right Factorbooks package for Energy Generation
We go through your priority processes together, identify the packages and modules that fit your needs and prepare your annual quote.