Postal Corporation of Kenya is set to launch its online Posta Wallet on the 30th November2016, and its Enterprise Resource Planning system by the end of April 2017.
This was announced by Ag. Postmaster General, Postal Corporation of Kenya (PCK), Mr. Daniel Kagwe, during the Universal Postal Union-World Post Day Celebrations, held at Intercontinental Hotel Nairobi, Kenya.
“The corporation is integrating its state-of-the-art e-payment solution with commercial Banks for Agency Banking solutions across the vast Postal network for customer easy access. Posta Pesa enables visibility of all payments transactions and reports in real time. Posta Kenya has already partnered with a number of commercial banks, among them KCB, National Bank of Kenya, Corporative Bank of Kenya, ABC Bank, Credit Bank and Barclays Bank. We intend to play our role of enhancing financial inclusion in Kenya by launching an Online Posta wallet on 30th November 2016,” said Mr. Kagwe.
Mr. Kagwe also noted that PCK has employed substantial resources in the areas of business automation through acquisition and installation of Enterprise Resource Planning (ERP) system with an aim of fully integrating front and back office operations.
“The ERP project which commenced in April 2014 at a cost of USD 3 Million is expected to be fully operational by end of April 2017. The ERP project will completely automate and transform Posta Kenya to a paperless Business Enterprise going forward,” Mr. Kagwe continued.
One objective of PCK’s newly launched 2016/2019 Corporate Strategic plan is to return Posta Kenya to profitability in a year’s time, Mr. Kagwe went on to say that one of the main ways to do so would be to rely on innovation.
“The board and management are committed to returning Posta Kenya back to profitability in the shortest time possible. This can only be achieved through support from all stakeholders, both from the public and private sector. We are aware to achieve the growth and enhance our revenue base, we must strive to boost our product portfolio in line with the market demands and dynamics,” Mr. Kagwe continued.