Products

Experience the power of the cloud, bid farewell to black box calculations, and embrace streamlined efficiency with Arctek.

Leveraging the power of Arctek, tap into our suite of solutions built to provide streamlined capabilities to your utility’s operations. Designed to address the complexities of regulatory compliance, capital accounting, and tax reporting, each of these product modules can be added to your dashboard to enable your team to effortlessly navigate tasks and engage in more self-service activities.

Work Order Accounting

Take control of your business operations with precision and efficiency. Our comprehensive platform seamlessly integrates work order management with robust accounting functionalities, offering a centralized solution for tracking charges, performing complex calculations, and creating capital assets. From work order creation to tracking labor costs and materials used, our software provides real-time insights into financial performance. Say goodbye to confusing navigations and black box calculations, and hello to streamlined workflows and accurate financial reporting with our intuitive solution. Elevate your business operations with our Work Order Accounting Product today.

Fixed Asset Accounting

Arctek’s Fixed Assets Product is designed to empower utility companies to efficiently manage their infrastructure investments with precision and simplicity. Our cutting-edge platform offers comprehensive tools tailored for tracking, depreciating, and maintaining fixed assets, as well as ensuring seamless compliance with regulatory standards while optimizing financial performance. No matter the type of capital asset, our product serves as a centralized repository for all asset data, facilitating data-driven decision-making, accurate reporting on asset values, and enhanced operational transparency. Bid farewell to outdated legacy systems that rely on manual processes and embrace streamlined asset management with our fully supported solution. Elevate the efficiency and reliability of your utility operations today with Arctek’s Fixed Assets for Utilities.

Depreciation Accounting

Revolutionize the way your company manages and accounts for its asset depreciation! Our cutting-edge platform offers advanced tools tailored specifically for the unique needs of utility infrastructure and regulation, enabling precise tracking and calculation of asset depreciation over time. From power grids to pipelines, our software provides utilities with the ability to accurately assess the depreciation of their assets, ensuring compliance with regulatory standards and optimizing financial reporting. With configurable depreciation settings and automated calculations, our solution streamlines the process, saving time and reducing errors. Rid yourself and your department of manual calculations and incorporate streamlined asset management with our intuitive product. Upgrade your utility operations today with Arctek’s Depreciation solution!

Asset Retirement Obligations

Empower your business to effectively manage and plan for the settlement of your legal obligations with confidence and precision. Our comprehensive platform offers advanced tools for calculating and forecasting the financial liabilities associated with retiring assets, ensuring compliance with accounting standards such as ASC 410. From environmental remediation to decommissioning costs, our product provides a centralized solution for estimating and recording asset retirement obligations accurately and intuitively. With configurable parameters, scenario analysis, and built-in reporting features, our software enables businesses to make informed decisions, mitigate risks, and optimize financial planning strategies. Get rid of manual spreadsheet calculations and enhance your accounting and planning with intuitive, streamlined asset retirement obligation management. Take control of your company’s future financial liabilities with Arctek’s Asset Retirement Obligation product today.

Tax Asset Accounting

Tailored specifically for the unique needs of regulated utility companies, our comprehensive platform revolutionizes tax asset management and accounting. Our solution offers advanced tools for tracking and optimizing tax assets at any level of detail with ease. With specialized features for managing complex utility assets and regulatory requirements, our platform provides utilities with the insights they need to maximize tax savings while ensuring compliance with tax regulations. Our software is equipped with built-in functionalities to accommodate the specific tax regulations governing utilities, ensuring compliance with regulatory standards and guidelines. Empower your utility operations with Arctek’s Tax Asset Accounting for Utilities product today and unlock new levels of efficiency and profitability.

General Ledger Accounting

Engineered specifically for the dynamic needs of utility companies, our comprehensive platform redefines financial management in the utility sector. With robust features tailored to handle complex transactional streams, regulatory compliance, and operational expenses unique to utilities, our software ensures accurate and efficient financial tracking and reporting. From data reconciliation to complex cost allocations, our platform provides utilities with the tools they need to streamline their accounting processes and gain actionable insights into their financial performance. Empower your team with our General Ledger Accounting product and take control of your financial management with confidence and ease.

Property Tax Accounting

Simplify property tax management and optimization with our comprehensive platform designed for businesses of all sizes. Our product offers a seamless solution for generating renditions, tracking property assessments, managing tax payments, and analyzing tax liabilities. From real estate holdings to station equipment and mass property, our platform provides a centralized location for all property-related financial data, enabling businesses to make informed decisions and maximize tax savings. With automated calculations, configurable reporting, and built-in compliance features, our software streamlines the entire property tax accounting process, reducing manual errors and saving valuable time. Forget cumbersome spreadsheets and look forward to efficient property tax management with our user-friendly interface. Take control of your property tax obligations and unlock potential savings with our Property Tax Accounting product today.

Tangible Property Regulations

Simplify compliance and maximize deductions effortlessly. Our user-friendly platform streamlines the complex process of navigating tangible property regulations and ensuring accuracy and efficiency in managing your assets. From categorizing assets to determining repair vs. capitalization, our software empowers businesses to make informed decisions, reduce tax liabilities, and stay compliant with ease. Eliminate manual calculations and experience streamlined tax management with our innovative solution.