Allegro’s Commodity Management system enables energy traders, suppliers, and distributors to manage their positions and optimize their portfolios. Allegro's software is built to help streamline trading and drive additional profit potential while mitigating risks.
However, tracking the complex and ever-changing indirect tax regulations impacting energy transactions and updating the system can be quite time-consuming, and tax calculation errors increase audit liability risk.
That’s where Avalara AvaTax Excise for Allegro comes in. An Avalara-certified connector integrates with the Allegro Commodity Management system to automate the identification and calculation of all indirect taxes. Excise taxes, environmental taxes, and sales and use taxes are all supported.