KE, KFC sign MoU for Centralized Billing solution

KE, KFC sign MoU for Centralized Billing solution

Karachi, November 13, 2019: In line with its commitment to facilitating industrial and commercial customers K-Electric 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/Signal 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 e-payment 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 fast-paced 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.