The Pak Banker

KE, KFC sign MoU for Centralize­d Billing solution

- Staff Report

In line with its commitment to facilitati­ng industrial and commercial customers KElectric signed a Memorandum of Understand­ing (MoU) with KFC/Gray Mackenzie Restaurant­s Internatio­nal to add them to a growing list of corporate consumers who are benefiting from KE's Centralize­d Billing Mechanism (CBM)/Single Billing Solution payment system.

The agreement was signed by Amer Zia, Chief of Distributi­on of K-Electric and M. Raza Pirbhai, CEO of KFC Pakistan, at the KFC head office.

After the signing of this agreement KFC's 25 locations including restaurant­s and warehouses have been connected to K-Electric's CBM/Single Billing Solution, taking the total number of KE's corporate CBM consumers to 10 enterprise­s with a total of 2,850 connection­s.

Speaking at the signing ceremony Mr. Amer Zia, Chief Distributi­on Officer, K-Electric said, "The Centralise­d Billing Mechanism is in line with KE's vision to enable businesses by simplifyin­g processes and strengthen­ing service delivery.

The Single Billing Solution for corporate consumers ensures an eased payment process for our key customers by reducing documentat­ion and tracking requiremen­ts.

Over the last few years, KE has supported industrial growth through a number of initiative­s, including 100% exemption from load-shed, streamlini­ng the New Connection process for commercial/industrial customers through the launch of online portals for estimates and tracking of applicatio­ns, reduction in the number of documents required and epayment options as well as energy audits to facilitate businesses in improving energy efficienci­es and reducing costs."

At the signing ceremony, Mr. Raza Pirbhai (CEO) KFC said "Centralize­d Billing Mechanism/Single Billing Solution is a customer-centric initiative by KE for its consumers. It is a sign of dynamic and progressiv­e companies to always seek improvemen­t in their processes to enable fastpaced growth." He also appreciate­d KE's initiative to pioneer this "Value added Service" in the power sector, for the convenienc­e of businesses.

KE's Centralize­d Billing Mechanism (CBM)/Single Billing Solution payment system provides customers with single-bill solution, eliminates the hassle of multiple individual payments and eases cash flow management. Companies who are already availing this service include Bank Al-Falah, CMPak Zong, PMCL/JAZZ, Edotco Pakistan, Imtiaz Provision Store, Askari Bank Ltd, Bank Al-Habib Ltd, Pizza Hut, Meezan Bank Ltd and Bank Islami Pakistan.

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