8/4/21 Bid signs Master Services Agreement with Simply Energy

Bid (Trading name for Bill Identity Limited ASX: BID) (“BID” or “the Company”) has entered into a Master Services Agreement (MSA) with Simply Energy in New Zealand (Simply), under which Bid will provide Simply with Bid’s Utility Bill Portal solution.

The MSA was entered into following a successful pilot undertaken for Simply, an energy solutions and large Commercial and Industrial energy retailer in New Zealand, and represents the first retailer portal contract secured by Bid in that country. The MSA has an initial three year term, and will provide a step change in service to a large number of Simply’s Commercial and Industrial customers in New Zealand.

Bid’s Utility Bill Portal is a cloud-based, fully orchestrated Robotic Process Automation (RPA) business customer platform for energy retailers which enables their customers to have easy access to utility bills anywhere, at any time...