Atlanta, GA (March 21, 2012) Because Allete prides themselves on their competitive prices, it is important that they tightly manage time and expenses. They look forward to increased efficiencies through their new PowerTax Provision Solution. The Provision module will help Allete determine monthly tax liability across multiple companies, consolidated business segments, and tax jurisdictions. This new module will help the tax team improve productivity and reduce accounting risk.
ALLETE (NYSE: ALE) is a reliable provider of energy in the upper Midwest, and has a strategic investment in the American Transmission Company. ALLETE's Minnesota Power electric utility serves 144,000 residents, 16 municipalities and some of the nation's largest industrial customers. Other businesses include BNI Coal in North Dakota, ALLETE Clean Energy, a developer of energy projects with limited environmental impact, and ALLETE Properties, which owns 10,000 acres of real estate in northeast Florida.
About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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