When it’s your job to ensure excise tax accuracy, it can be tempting to rely on the ETRM system to ensure precise tax calculations are reflected. After all, ETRMs are designed to process transactions and generate accurate invoices, right?

Actually, this is a common misconception.

Energy taxation is highly complex and involves frequent changes to rules, rates, and regulations that must be tracked across multiple jurisdictions, products, and tax types. Many energy trading companies assume their ETRM systems are designed to handle these complex taxes and regulatory fees— and the changes that go along with them.

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