Ikeja Electricity Distribution Company

System:  Sage X3

Industry:  Electric Power

Location:  Lagos, Nigeria

The Ikeja Electricity Distribution Company (IKEDC) owns and operates the largest power distribution network in Nigeria. A customer-focused organisation, IKEDC is committed to empowering the lives and businesses of its users through innovation and the efficient distribution of sustainable power.

Working in partnership with the Korean Electric Power Corporation (KEPCO), and through investment in new technology, infrastructure upgrades and employee skills development: IKEDC aims to become the energy provider of choice for all Nigerians.

To help achieve this goal, Sage X3 was chosen to streamline IKEDC’s financial administration process.

An innovative business management solution, Sage X3 assisted by transitioning IKEDC from a manual accounting system that utilised Microsoft Excel, to one that is fully automated and features greater security, reporting accuracy and accountability.

Now, IKEDC spends less time on tasks like budgeting and reporting, so they can devote more to building their organisation while supporting their existing 270,000 customers.

“With its user-friendly interface and cutting-edge tools, Sage X3 helps
us take care of all our financial needs,
so we can continue to put our customers first.”

Ogunmolasuyi Olurotimi,
Financial Reporting Analyst, IKEDC