KARACHI: Engro Fertilizers Limited has been recognized as the most innovative fintech solution provider, best payment technology and best banking tech of the year at the prestigious Pakistan Digital Awards 2021.
Faced with the challenges of COVID-19 pandemic, Engro Fertilizers was quick to adapt to the new normal and led the industry towards digitization in all respects, from customer and vendor support to digital payment solutions and virtual operations, said a press release here on Tuesday.
This was the first time that the company was participating at the Pakistan Digital Awards. Out of the 94 categories, it was able to bag three best in class awards at the ceremony.
Receiving this award, Chief Financial Officer of Engro Fertilizers Limited, Imran Ahmed shared the digitization journey that we embarked on a couple of years back has finally started to deliver results as we are now benefiting from improved availability of quality information and better
control environment.
” We are thrilled by this recognition that was in the face of stiff competition, ” he remarked.
He said it encouraged the company to redouble its efforts in leveraging digitization to deliver operational excellence and differentiated customer experiences in the days and years to come.
After winning of the three awards, Engro Fertilizers has been celebrated for setting new standards in the fertilizer industry through the launch of various innovative and automated financing solutions in engagement with its banking partners. It co-created Pakistan’s first-ever solution to electronically manage bank guarantees that will transform this banking process.
The initiative has reduced ordering cycle, provided customers convenience by not requiring them to make a physical visit to the bank and enhanced corporate services. Further, the move towards paperless operations has resulted in a favourable impact on the environment, and ensured transparency and swiftness of transactions.