PPL receives first Digital Technology Award by ICAP

ICAP-Digital Award -For website inside page

CFO PPL Mohammad Khalid Rehman (second left) receives the first position trophy for ICAP’s Digital Technology Awards during AccounTech Innovation Congress - PPL staff at the award ceremony

KARACHI, August 18, 2023: In a preeminent event organized by Institute of Charted Accountants of Pakistan (ICAP), Pakistan Petroleum Limited (PPL) has been awarded 'First Position', during Digital Technology Award Ceremony. The award is linked to 'Advanced Robotic Process Automation (RPA)'. PPL’s RPA initiative is the Innovative Application of Robotic Automation Technology in Joint Venture Accounting, by an E&P company in Pakistan.

In total, 60 national and multinational companies contested in three categories. CFO PPL Mohammad Khalid Rehman received the award during Accounting Technology Innovation Congress on August 12 held at Hotel Movenpick Karachi.

The initiative is in-house digital transformation towards automation of cost allocation and reporting to Joint Venture Partners. It has contributed to efficiency while ensuring, accuracy and reliability of reporting, with minimum manual intervention.

The event organized by ICAP’s Digital Assurance and Accounting Board, is the first-of-its-kind Congress, aimed at recognizing innovations in the use of latest technologies.