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  • FNB partners with Nkana Water and Sewerage to bring water to thousands of Kitwe residents

FNBpartnerswithNkanaWaterandSeweragetobringwatertothousandsofKitweresidents

Serving as financial adviser, FNB drew on its Transactional Banking expertise to streamline Nkana Water and Sewerage’s financial transactions.

 

What was the challenge?

Nkana Water and Sewerage Company sought a banking solution that would simplify the process by which Kitwe residents could remotely pay their water utility bills, subsequently providing a heightened customer experience.

What solution did FNB provide?

FNB deployed its Receipt It solution which is designed to provide real-time electronic notifications of all financial transactions posted to a nominated receipting account. The solution allows one to immediately update their line-of-business system and take action

What proven results can be showcased?

The solution offered Nkana Water and Sewerage:

  • Real-time payment of water bills by Nkana Water customers
  • Real-time, automated cash book update – they have a real-time cash position
  • Real-time, automated debtors’ ledger update – each transaction may be allocated to a debtor and posted in their line-of-business financial systems
  • Integration with logistics systems – Receipt It gives them flexibility as it integrates with various logistics and service delivery systems

Client

Nkana Water and Sewerage

Sector Public Sector
Capability Receipt it
Result Fast-tracking digitisation of operations
 

What was the challenge?

Nkana Water and Sewerage Company sought a banking solution that would simplify the process by which Kitwe residents could remotely pay their water utility bills, subsequently providing a heightened customer experience.

What solution did FNB provide?

FNB deployed its Receipt It solution which is designed to provide real-time electronic notifications of all financial transactions posted to a nominated receipting account. The solution allows one to immediately update their line-of-business system and take action

What proven results can be showcased?

The solution offered Nkana Water and Sewerage:

  • Real-time payment of water bills by Nkana Water customers
  • Real-time, automated cash book update – they have a real-time cash position
  • Real-time, automated debtors’ ledger update – each transaction may be allocated to a debtor and posted in their line-of-business financial systems
  • Integration with logistics systems – Receipt It gives them flexibility as it integrates with various logistics and service delivery systems

Client

Nkana Water and Sewerage

Sector Public Sector
Capability Receipt it
Result Fast-tracking digitisation of operations

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